SB 2642

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

Pension Stabilization Fund

Abstract

Amends the Budget Stabilization Act. Increases the amount transferred from the General Revenue Fund to the Pension Stabilization Fund to 90% (currently 10%) of the specified sums. Provides that the transferred amount is intended to represent nine-tenths (currently one-tenth) of the annual savings to the State resulting from the enactment of Public Act 98-599. Effective immediately.

Bill Sponsors (1)

Votes


No votes to display

Actions


Jan 13, 2015

Senate

Session Sine Die

Mar 28, 2014

Senate

Rule 3-9(a) / Re-referred to Assignments

Mar 21, 2014

Senate

Postponed - Executive; Subcommittee on Special Issues

Feb 05, 2014

Senate

To Subcommittee on Special Issues (EX)

Jan 29, 2014

Senate

Assigned to Executive

Jan 21, 2014

Senate

Filed with Secretary by Sen. Dale A. Righter

Senate

Referred to Assignments

Senate

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.