Bill Status of HB 157   96th General Assembly


Short Description:  PEN CD-DEFERRED COMP-COGFA

House Sponsors
Rep. Raymond Poe-Rich Brauer-Ronald A. Wait-Richard P. Myers-Jim Watson

Last Action  View All Actions

DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/24-105from Ch. 108 1/2, par. 24-105

Synopsis As Introduced
Amends the Illinois Pension Code. In provisions concerning the State Employees Deferred Compensation Plan, provides that the Illinois State Board of Investment may not (i) select any life insurance or annuity contract or mutual fund, or any other investment vehicle, as an investment vehicle or (ii) enter into any contract after the effective date of the amendatory Act or make any amendment to a contract entered into on or before the effective date of the amendatory Act, unless it is first reviewed and approved by the Commission on Government Forecasting and Accountability. Effective immediately.

House Committee Amendment No. 1
Replaces everything after the enacting clause. Amends the Illinois Pension Code. Makes a technical change in a Section concerning the State Employees Deferred Compensation Plan.

Actions 
DateChamber Action
  1/13/2009HousePrefiled with Clerk by Rep. Raymond Poe
  1/14/2009HouseFirst Reading
  1/14/2009HouseReferred to Rules Committee
  2/4/2009HouseAssigned to Personnel and Pensions Committee
  2/6/2009HouseAdded Chief Co-Sponsor Rep. Rich Brauer
  2/6/2009HouseAdded Chief Co-Sponsor Rep. Ronald A. Wait
  2/6/2009HouseAdded Chief Co-Sponsor Rep. Richard P. Myers
  2/6/2009HouseAdded Chief Co-Sponsor Rep. Jim Watson
  2/20/2009HouseHouse Committee Amendment No. 1 Filed with Clerk by Personnel and Pensions Committee
  2/20/2009HouseHouse Committee Amendment No. 1 Adopted in Personnel and Pensions Committee; by Voice Vote
  2/20/2009HouseDo Pass as Amended / Short Debate Personnel and Pensions Committee; 009-000-000
  2/20/2009HousePlaced on Calendar 2nd Reading - Short Debate
  4/1/2009HouseSecond Reading - Short Debate
  4/1/2009HouseHeld on Calendar Order of Second Reading - Short Debate
  4/3/2009HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2011HouseSession Sine Die

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