Illinois General Assembly - Bill Status for HB4371
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 Bill Status of HB4371  100th General Assembly


Short Description:  BONDS-PENSION OBLIGATION

House Sponsors
Rep. Robert Martwick

Last Action
DateChamber Action
  1/30/2018HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
30 ILCS 105/5.886 new
30 ILCS 330/2from Ch. 127, par. 652
30 ILCS 330/2.5
30 ILCS 330/7.7 new
30 ILCS 330/9from Ch. 127, par. 659
30 ILCS 330/11from Ch. 127, par. 661
30 ILCS 330/12from Ch. 127, par. 662
30 ILCS 330/13from Ch. 127, par. 663
40 ILCS 15/1.10 new


Synopsis As Introduced
Amends the General Obligation Bond Act. Authorizes the issuance of an additional $107,420,000,000 in State Serial Long Term Pension Obligation Bonds. Amends the State Pension Funds Continuing Appropriation Act to create a continuing appropriation for payments on those Bonds. Amends the State Finance Act to create the State Pension Serial Long Term Obligation Bond Fund. Effective immediately.

Actions 
DateChamber Action
  1/30/2018HouseFiled with the Clerk by Rep. Robert Martwick
  1/30/2018HouseFirst Reading
  1/30/2018HouseReferred to Rules Committee

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