SB 3776

  • Illinois Senate Bill
  • 96th Regular Session
  • Introduced in Senate Mar 18, 2010
  • Passed Senate Mar 18, 2010
  • Passed House Nov 30, 2010
  • Became Law Dec 30, 2010

Pension Stabilization Fund

Abstract

Amends the Budget Stabilization Act. Provides that, beginning in fiscal year 2011, when the increase in the Employment Cost Index, as determined by the Bureau of Labor Statistics of the U.S. Department of Labor, for the previous fiscal year exceeds 2%, the Comptroller shall transfer into the Pension Stabilization Fund from the General Revenue Fund, on at least a monthly basis, an amount equal to the amount of general funds revenues exceeding 102% of the prior fiscal year's general funds revenues for the purpose of making payments to the designated retirement systems. Effective July 1, 2010.

Bill Sponsors (1)

Votes


Actions


Dec 30, 2010

Senate

Public Act . . . . . . . . . 96-1493

Senate

Effective Date January 1, 2011

Senate

Governor Approved

Dec 17, 2010

Senate

Sent to the Governor

Dec 01, 2010

Senate

House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Revenue; 007-000-000

Senate

House Committee Amendment No. 1 Motion to Concur Assignments Referred to Revenue

Senate

House Committee Amendment No. 1 Motion to Concur Referred to Assignments

Senate

House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. A. J. Wilhelmi

Senate

Added as Co-Sponsor Sen. Pamela J. Althoff

Senate

Chief Sponsor Changed to Sen. A. J. Wilhelmi

Senate

Passed Both Houses

Senate

House Committee Amendment No. 1 Senate Concurs 055-000-001

Senate

House Committee Amendment No. 1 3/5 Vote Required

Nov 30, 2010

Senate

Secretary's Desk - Concurrence House Amendment(s) 1

Senate

Placed on Calendar Order of Concurrence House Amendment(s) 1 - December 1, 2010

House

Third Reading - Short Debate - Passed 114-000-000

Nov 29, 2010

House

House Committee Amendment No. 1 Filed with Clerk by Executive Committee

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

Second Reading - Short Debate

House

Placed on Calendar 2nd Reading - Short Debate

House

Do Pass as Amended / Short Debate Executive Committee; 010-000-000

House

House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote

Nov 19, 2010

House

Added Alternate Chief Co-Sponsor Rep. Naomi D. Jakobsson

Nov 18, 2010

House

Final Action Deadline Extended-9(b) January 11, 2011

House

Assigned to Executive Committee

Mar 18, 2010

House

Referred to Rules Committee

House

First Reading

House

Placed on Calendar Order of First Reading

House

Chief House Sponsor Rep. David E. Miller

House

Arrived in House

Senate

Third Reading - Passed; 056-000-000

Senate

Added as Co-Sponsor Sen. Kirk W. Dillard

Senate

Added as Chief Co-Sponsor Sen. Dan Kotowski

Senate

Placed on Calendar Order of 3rd Reading

Senate

Senate Floor Amendment No. 1 Adopted; Schoenberg

Senate

Recalled to Second Reading

Senate

Added as Chief Co-Sponsor Sen. Donne E. Trotter

Senate

Added as Co-Sponsor Sen. Mattie Hunter

Mar 16, 2010

Senate

Senate Floor Amendment No. 1 Recommend Do Adopt Executive; 007-000-000

Senate

Senate Floor Amendment No. 1 Assignments Refers to Executive

Mar 11, 2010

Senate

Placed on Calendar Order of 3rd Reading March 12, 2010

Senate

Second Reading

Senate

Senate Floor Amendment No. 1 Referred to Assignments

Senate

Senate Floor Amendment No. 1 Filed with Secretary by Sen. Jeffrey M. Schoenberg

Mar 08, 2010

Senate

Placed on Calendar Order of 2nd Reading March 9, 2010

Senate

Do Pass Executive; 012-000-000

Feb 24, 2010

Senate

Assigned to Executive

Feb 11, 2010

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. Jeffrey M. Schoenberg

Senate

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML
Enrolled HTML

Related Documents

Document Format
Public Act
House Amendment 001
Senate Amendment 001

Sources

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