104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB1595
 
Introduced 1/28/2025, by Rep. Laura Faver Dias
 
SYNOPSIS AS INTRODUCED:
 
5 ILCS 120/7.3
    Amends the Open Meetings Act. Provides that, within 6 business days after an employer participating in the Illinois Municipal Retirement Fund approves a budget, that employer must post on its website the total compensation package for each employee having a total compensation package that exceeds $125,000 (rather than $75,000) per year. Provides that, at least 6 days before an employer participating in the Illinois Municipal Retirement Fund approves an employee's total compensation package that is equal to or in excess of $200,000 (rather than $150,000) per year, the employer must post on its website the total compensation package for that employee. Effective January 1, 2026.


LRB104 02977 BDA 12994 b

 
 
A BILL FOR
 
HB1595LRB104 02977 BDA 12994 b

1    AN ACT concerning government.
 
2    Be it enacted by the People of the State of Illinois, 
3represented in the General Assembly:
 
4    Section 5. The Open Meetings Act is amended by changing 
5Section 7.3 as follows:
 
6    (5 ILCS 120/7.3)
7    Sec. 7.3. Duty to post information pertaining to benefits 
8offered through the Illinois Municipal Retirement Fund.
9    (a) Within 6 business days after an employer participating 
10in the Illinois Municipal Retirement Fund approves a budget, 
11that employer must post on its website the total compensation 
12package for each employee having a total compensation package 
13that exceeds $125,000 $75,000 per year. If the employer does 
14not maintain a website, the employer must post a physical copy 
15of this information at the principal office of the employer. 
16If an employer maintains a website, it may choose to post a 
17physical copy of this information at the principal office of 
18the employer in lieu of posting the information directly on 
19the website; however, the employer must post directions on the 
20website on how to access that information.
21    (b) At least 6 days before an employer participating in 
22the Illinois Municipal Retirement Fund approves an employee's 
23total compensation package that is equal to or in excess of 
 
 
HB1595- 2 -LRB104 02977 BDA 12994 b

1$200,000 $150,000 per year, the employer must post on its 
2website the total compensation package for that employee. If 
3the employer does not maintain a website, the employer shall 
4post a physical copy of this information at the principal 
5office of the employer. If an employer maintains a website, it 
6may choose to post a physical copy of this information at the 
7principal office of the employer in lieu of posting the 
8information directly on the website; however, the employer 
9must post directions on the website on how to access that 
10information.
11    (c) For the purposes of this Section, "total compensation 
12package" means payment by the employer to the employee for 
13salary, health insurance, a housing allowance, a vehicle 
14allowance, a clothing allowance, bonuses, loans, vacation days 
15granted, and sick days granted. 
16(Source: P.A. 97-609, eff. 1-1-12.)
 
17    Section 99. Effective date. This Act takes effect January 
181, 2026.