IL HB4848 | 2009-2010 | 96th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 13 2010 - 25% progression, died in committee
Action: 2010-01-15 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that the Board of Education shall demand and direct and the city council of the city shall levy a tax of 0.1% annually upon all taxable property in the city. Provides that revenues derived from the tax shall be paid to the city treasurer of the city as collected and held by him or her for the benefit of the Public School Teachers' Pension and Retirement Fund of Chicago. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Tracking Information

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Title

PENCD-CHIC TCHR-PROP TAX

Sponsors


History

DateChamberAction
2010-01-15 Referred to Rules Committee
2010-01-15 First Reading
2010-01-13 Filed with the Clerk by Rep. Angelo Saviano

Illinois State Sources


Bill Comments

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