Mark H. Beaubien, Jr.
- Republican
Cosponsor
Amends the State Finance Act. Provides that moneys in the State Pensions Fund shall be used for the funding of the unfunded liabilities of the 5 State-funded retirement systems (rather than for payment of or repayment to the General Revenue Fund of a portion of the required State contributions to the designated retirement systems). Provides that the payments to the designated retirement systems shall be in addition to, and not in lieu of, any State contributions required under the Illinois Pension Code. Provides that, for fiscal year 2010 and each fiscal year thereafter, as soon as may be practical after any money is deposited into the State Pensions Fund from the Unclaimed Property Trust Fund, the State Treasurer shall apportion the deposited amount to the designated retirement systems to reduce their actuarial reserve deficiencies. Provides that the amount apportioned to each designated retirement system shall constitute a portion of the amount estimated to be available for appropriation from the State Pensions Fund that is the same as that retirement system's portion of the total actuarial reserve deficiency of the systems. Makes conforming changes in the Illinois Pension Code, the State Pension Funds Continuing Appropriation Act, and the Uniform Disposition of Unclaimed Property Act. Effective immediately.
Public Act . . . . . . . . . 95-0950
Effective Date August 29, 2008
Governor Approved
Sent to the Governor
Added Co-Sponsor Rep. Jim Sacia
Senate Floor Amendment No. 2 Recommend Do Adopt Pensions and Investments; 009-000-000
Recalled to Second Reading
Senate Floor Amendment No. 2 Adopted; Garrett
Placed on Calendar Order of 3rd Reading
Third Reading - Passed; 056-000-000
Arrived in House
Placed on Calendar Order of Concurrence Senate Amendment(s) 1,2
Chief Sponsor Changed to Rep. Mark H. Beaubien, Jr.
Added Chief Co-Sponsor Rep. Robert S. Molaro
Remove Chief Co-Sponsor Rep. JoAnn D. Osmond
Added Co-Sponsor Rep. JoAnn D. Osmond
Senate Floor Amendment No. 1 Motion Filed Concur Rep. Mark H. Beaubien, Jr.
Senate Floor Amendment No. 2 Motion Filed Concur Rep. Mark H. Beaubien, Jr.
Senate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee
Senate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee
Senate Floor Amendment No. 1 Motion to Concur Recommends be Adopted Rules Committee; 003-001-000
Senate Floor Amendment No. 2 Motion to Concur Recommends be Adopted Rules Committee; 003-001-000
Added Co-Sponsor Rep. Rosemary Mulligan
Added Co-Sponsor Rep. Linda Chapa LaVia
Added Co-Sponsor Rep. Elaine Nekritz
Added Co-Sponsor Rep. Fred Crespo
Added Co-Sponsor Rep. Jack D. Franks
Added Co-Sponsor Rep. Bob Biggins
Added Co-Sponsor Rep. Michael P. McAuliffe
Added Co-Sponsor Rep. William B. Black
Added Co-Sponsor Rep. Robert W. Pritchard
Added Co-Sponsor Rep. Carolyn H. Krause
Added Co-Sponsor Rep. Jerry L. Mitchell
Added Co-Sponsor Rep. Ruth Munson
Added Co-Sponsor Rep. Jil Tracy
Added Co-Sponsor Rep. Ronald A. Wait
Added Co-Sponsor Rep. Dennis M. Reboletti
Added Co-Sponsor Rep. Brent Hassert
Added Co-Sponsor Rep. Raymond Poe
Added Co-Sponsor Rep. Rich Brauer
Added Co-Sponsor Rep. Roger L. Eddy
Added Co-Sponsor Rep. Timothy L. Schmitz
Added Co-Sponsor Rep. Mike Bost
Added Co-Sponsor Rep. Michael Tryon
Added Co-Sponsor Rep. Sandy Cole
Added Co-Sponsor Rep. Patricia R. Bellock
Added Co-Sponsor Rep. Renée Kosel
Added Co-Sponsor Rep. David Reis
Added Co-Sponsor Rep. Shane Cultra
Added Co-Sponsor Rep. Keith P. Sommer
Senate Floor Amendment No. 1 House Concurs 112-000-000
Senate Floor Amendment No. 2 House Concurs 112-000-000
Added as Alternate Co-Sponsor Sen. Kwame Raoul
Passed Both Houses
Senate Floor Amendment No. 1 Recommend Do Adopt Pensions and Investments; 006-000-001
Senate Floor Amendment No. 2 Rules Refers to Pensions and Investments
Placed on Calendar Order of 3rd Reading May 31, 2008
Senate Floor Amendment No. 1 Adopted; Demuzio
Recalled to Second Reading
Added as Alternate Chief Co-Sponsor Sen. Susan Garrett
Senate Floor Amendment No. 2 Referred to Rules
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Susan Garrett
Senate Floor Amendment No. 1 Rules Refers to Pensions and Investments
Senate Floor Amendment No. 1 Referred to Rules
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Deanna Demuzio
Added as Alternate Co-Sponsor Sen. Linda Holmes
Rule 2-10 Third Reading Deadline Established As May 31, 2008
Added as Alternate Co-Sponsor Sen. Heather Steans
Added as Alternate Co-Sponsor Sen. Chris Lauzen
Added as Alternate Co-Sponsor Sen. Jeffrey M. Schoenberg
Placed on Calendar Order of 3rd Reading May 14, 2008
Second Reading
Added as Alternate Chief Co-Sponsor Sen. M. Maggie Crotty
Placed on Calendar Order of 2nd Reading May 13, 2008
Do Pass Pensions and Investments; 007-000-000
Added as Alternate Co-Sponsor Sen. Mattie Hunter
Assigned to Pensions and Investments
Placed on Calendar Order of First Reading
Arrive in Senate
Chief Senate Sponsor Sen. Deanna Demuzio
First Reading
Referred to Rules
Added Co-Sponsor Rep. Patrick J Verschoore
Third Reading - Short Debate - Passed 108-000-000
Added Co-Sponsor Rep. Mike Fortner
Added Co-Sponsor Rep. David R. Leitch
Added Co-Sponsor Rep. David E. Miller
Added Co-Sponsor Rep. Chapin Rose
Added Co-Sponsor Rep. Daniel V. Beiser
Added Co-Sponsor Rep. Thomas Holbrook
Second Reading - Short Debate
Added Co-Sponsor Rep. Sidney H. Mathias
Placed on Calendar Order of 3rd Reading - Short Debate
Added Co-Sponsor Rep. Angelo Saviano
Added Chief Co-Sponsor Rep. Tom Cross
Added Co-Sponsor Rep. Patricia Reid Lindner
Added Co-Sponsor Rep. Elizabeth Coulson
Added Co-Sponsor Rep. Mark H. Beaubien, Jr.
Added Chief Co-Sponsor Rep. JoAnn D. Osmond
Do Pass / Short Debate Judiciary I - Civil Law Committee; 010-003-000
Placed on Calendar 2nd Reading - Short Debate
Pension Note Filed
Assigned to Judiciary I - Civil Law Committee
Added Chief Co-Sponsor Rep. Sandra M. Pihos
Referred to Rules Committee
Added Chief Co-Sponsor Rep. John A. Fritchey
First Reading
Filed with the Clerk by Rep. Robert S. Molaro
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
|---|---|
| Public Act | |
| Senate Amendment 002 | |
| Senate Amendment 001 |
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