HB 5750

  • Illinois House Bill
  • 98th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Rta-Bonus & Agreement Review

Abstract

Amends the Metropolitan Transit Authority Act and the Regional Transportation Authority Act. Provides that if the Chicago Transit Board, the Commuter Rail Board, or the Suburban Bus Board or any officer, attorney, employee, or agent of the Chicago Transit Board, the Commuter Rail Board, the Suburban Bus Board, or the Regional Transportation Authority intends to award a bonus that exceeds 10% of the recipient's salary, that bonus shall be approved by the Regional Transportation Authority Board prior to the award. Provides that if any of the Service Boards seek to enter into a severance agreement or an employment-related settlement agreement exceeding $50,000, that agreement shall be reviewed by the Regional Transportation Authority Board for approval prior to execution. Requires the Regional Transportation Authority Board to review the agreement to determine whether the terms are reasonable and in the region's best interest. Provides that the service boards may only enter into severance agreements or employment-related settlement agreements that have received the Regional Transportation Authority Board's prior approval.

Bill Sponsors (1)

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Actions


Dec 03, 2014

House

Session Sine Die

Mar 28, 2014

House

Rule 19(a) / Re-referred to Rules Committee

Mar 03, 2014

House

Assigned to Mass Transit Committee

Feb 21, 2014

House

Added Chief Co-Sponsor Rep. Sandra M. Pihos

Feb 19, 2014

House

Added Chief Co-Sponsor Rep. Ron Sandack

Feb 14, 2014

House

Filed with the Clerk by Rep. Michael W. Tryon

House

Referred to Rules Committee

House

First Reading

Bill Text

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