Elaine Nekritz
- Democratic
Primary
Amends the Counties Code and Illinois Municipal Code to provide that if a county or municipality offers a 457(b) plan to its officers, employees, or both, or makes contributions to such a plan on behalf of its officers, employees, or both, then that county or municipality, and the persons acting under its authority, must act in accordance with the prudent investor rule when making plan-related decisions. Limits the concurrent exercise of home rule powers. Amends the School Code to provide that if a school board other than the Chicago Board of Education offers a 403(b) or 457(b) plan to its officers, employees, or both, or makes contributions to such a plan on behalf of its officers, employees, or both, then that school board, and the persons acting under its authority, must act in accordance with the prudent investor rule when making plan-related decisions. Amends the State Mandates Act to require implementation without reimbursement.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Recalled to Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
Added Chief Co-Sponsor Rep. Jack D. Franks
Added Chief Co-Sponsor Rep. Keith Farnham
Added Chief Co-Sponsor Rep. Carol A. Sente
Added Chief Co-Sponsor Rep. Linda Chapa LaVia
Second Reading - Short Debate
Placed on Calendar Order of 3rd Reading - Short Debate
Do Pass / Short Debate Personnel and Pensions Committee; 009-000-000
Placed on Calendar 2nd Reading - Short Debate
Assigned to Personnel and Pensions Committee
Filed with the Clerk by Rep. Elaine Nekritz
Referred to Rules Committee
First Reading
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| Introduced | HTML |
| Engrossed | HTML |
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| No related documents. |
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