HB 144

  • Illinois House Bill
  • 97th Regular Session
  • Introduced in House Mar 31, 2011
  • Passed House Mar 30, 2011
  • Passed Senate May 17, 2011
  • Became Law Jul 14, 2011

Pen Cd-Dissolution Of Funds

Abstract

Amends the Downstate Police and Downstate Firefighter Articles of the Illinois Pension Code. Allows the corporate authorities of a municipality, by resolution or ordinance, to dissolve the downstate police or firefighter pension funds established by the municipality if an independent auditor has certified to the authorities that the funds have no liabilities, participants, or beneficiaries entitled to benefits. Requires the corporate authorities of the municipality to reestablish those funds if a police officer or firefighter of the municipality seeks to establish service credit in the fund or if reestablishment of the fund is required upon a former police officer or firefighter's reinstatement of creditable service. Suspends the duty of the corporate authorities of a municipality to establish and administer a downstate police or firefighter pension fund while the fund is dissolved. Requires the Public Pension Division of the Department of Insurance to adopt corresponding procedural rules.

Bill Sponsors (1)

Votes


Actions


Jul 14, 2011

House

Effective Date January 1, 2012

House

Public Act . . . . . . . . . 97-0099

House

Governor Approved

Jun 15, 2011

House

Sent to the Governor

May 17, 2011

House

Passed Both Houses

Senate

Third Reading - Passed; 055-000-000

May 12, 2011

Senate

Placed on Calendar Order of 3rd Reading May 13, 2011

Senate

Second Reading

May 04, 2011

Senate

Do Pass Pensions and Investments; 006-000-000

Senate

Placed on Calendar Order of 2nd Reading May 5, 2011

Apr 27, 2011

Senate

Assigned to Pensions and Investments

Mar 31, 2011

Senate

Chief Senate Sponsor Sen. Pamela J. Althoff

Senate

Arrive in Senate

Senate

Placed on Calendar Order of First Reading

Senate

First Reading

Senate

Referred to Assignments

Mar 30, 2011

House

Third Reading - Short Debate - Passed 116-000-000

Mar 29, 2011

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

Second Reading - Short Debate

House

Added Co-Sponsor Rep. Elaine Nekritz

Mar 10, 2011

House

Do Pass / Short Debate Personnel and Pensions Committee; 009-000-000

House

Placed on Calendar 2nd Reading - Short Debate

Feb 14, 2011

House

Re-assigned to Personnel and Pensions Committee

Feb 08, 2011

House

Assigned to Executive Committee

Jan 18, 2011

House

First Reading

House

Referred to Rules Committee

Jan 13, 2011

House

Filed with the Clerk by Rep. Jack D. Franks

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML
Enrolled HTML

Related Documents

Document Format
Public Act

Sources

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