Illinois General Assembly - Bill Status for HB 543

Bill Status of HB 543 96th General Assembly

Short Description: AGRICULTURAL FAIR ACT-FUNDING

House Sponsors
Rep. Barbara Flynn Currie

Senate Sponsors
(Sen. John J. Cullerton-Donne E. Trotter)

Last Action View All Actions

Date Chamber Action
  1/11/2011 House Session Sine Die

Statutes Amended In Order of Appearance
30 ILCS 105/8g
30 ILCS 120/10 from Ch. 85, par. 660

Synopsis As Introduced
Amends the State Finance Act. In fiscal year 2016 and in each fiscal year thereafter, requires the transfer from the General Revenue Fund to the Agricultural Premium Fund and the Fair and Exposition Fund of amounts equal to 100% of the total statutory payments required from those special funds for that fiscal year to county fairs and fair and exposition authorities under the Agricultural Fair Act. In each of the fiscal years 2011 through 2015, requires transfer of an amount equal to a lower, specified percentage of those total statutory payments. Provides that the required transfer amounts are the maximum amounts to be transferred in each fiscal year, notwithstanding any other law to the contrary. Amends the Agricultural Fair Act. With respect to the distribution formula for premiums to county fairs, uses either of the 2 previous fiscal years (now, either fiscal year 1984 or 1985).

House Committee Amendment No. 1
Deletes reference to:
30 ILCS 105/8g
30 ILCS 120/10
Adds reference to:
30 ILCS 120/1 from Ch. 85, par. 651

Replaces everything after the enacting clause. Amends the Agricultural Fair Act. Makes a technical change in a Section concerning the short title.

Senate Floor Amendment No. 1
Deletes reference to:
30 ILCS 120/1
Adds reference to:
30 ILCS 105/14.1 from Ch. 127, par. 150.1
40 ILCS 15/1.8 new

Replaces everything after the enacting clause. Amends the State Finance Act. Provides that, for fiscal year 2011 only, at the time of each payment of salary to an employee under the personal services line item from a fund other than the General Revenue Fund, payment shall be made for deposit into the State Employees' Retirement System of Illinois from the amount appropriated for State contributions to the State Employees' Retirement System of Illinois of an amount calculated at the rate certified for fiscal year 2011 by the Board of Trustees of the State Employees' Retirement System of Illinois. Amends the State Pension Funds Continuing Appropriation Act. Provides that no appropriation otherwise required from the General Revenue Fund or the Common School Fund under this Act is required to be made until the Governor certifies to the Comptroller that adequate funds are available. Effective immediately.

Fiscal Note, House Committee Amendment No. 1 (Teachers' Retirement System)
HB 543 (H-AM 1) has no fiscal impact on the Teachers' Retirement System of the State of Illinois.

Pension Note, Senate Floor Amendment No. 1 (Government Forecasting & Accountability)
HB 0543, as amended by Senate Amendment 1, has a cumulative opportunity cost of $58.0 billion for the period ending FY 2045. This calculation reflects the loss of investment revenue over the entire period, assuming no State pension contribution is made in FY 2011. Details of this calculation appear in the table on the next page.

State Mandates Fiscal Note, House Committee Amendment No. 1 (Dept. of Commerce & Economic Opportunity)
HB 543 (H-AM 1) does not create a State mandate.

Fiscal Note, Senate Floor Amendment No. 1 (State Universities Retirement Systems)
Assuming no fiscal year 2011 contributions, HB 543 (S-AM 1) will impact the State Universities Retirement System's portfolio and result in the sale of $848.1 million in assets.

Actions
Date Chamber Action
  2/4/2009 House Filed with the Clerk by Rep. Dan Reitz
  2/4/2009 House First Reading
  2/4/2009 House Referred to Rules Committee
  2/5/2009 House Added Chief Co-Sponsor Rep. Robert W. Pritchard
  2/9/2009 House Assigned to Executive Committee
  2/25/2009 House House Committee Amendment No. 1 Filed with Clerk by Executive Committee
  2/25/2009 House House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
  2/25/2009 House Do Pass as Amended / Short Debate Executive Committee; 007-004-000
  2/25/2009 House Placed on Calendar 2nd Reading - Short Debate
  3/3/2009 House Second Reading - Short Debate
  3/3/2009 House Placed on Calendar Order of 3rd Reading - Short Debate
  3/5/2009 House Added Co-Sponsor Rep. Roger L. Eddy
  3/11/2009 House Third Reading - Short Debate - Passed 060-057-000
  3/11/2009 House Removed Co-Sponsor Rep. Roger L. Eddy
  3/12/2009 Senate Arrive in Senate
  3/12/2009 Senate Placed on Calendar Order of First Reading March 17, 2009
  3/13/2009 Senate Chief Senate Sponsor Sen. John M. Sullivan
  3/17/2009 Senate First Reading
  3/17/2009 Senate Referred to Assignments
  4/22/2009 Senate Assigned to Agriculture and Conservation
  4/29/2009 Senate Postponed - Agriculture and Conservation
  5/6/2009 Senate Held in Agriculture and Conservation
  5/8/2009 Senate Rule 3-9(a) / Re-referred to Assignments
  4/22/2010 Senate Re-assigned to Executive
  4/22/2010 Senate Alternate Chief Sponsor Changed to Sen. John J. Cullerton
  4/23/2010 Senate Rule 2-10 Committee Deadline Established As May 7, 2010
  4/28/2010 Senate Do Pass Executive; 008-001-004
  4/28/2010 Senate Placed on Calendar Order of 2nd Reading April 29, 2010
  4/30/2010 Senate Second Reading
  4/30/2010 Senate Placed on Calendar Order of 3rd Reading May 3, 2010
  5/7/2010 Senate Senate Floor Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton
  5/7/2010 Senate Senate Floor Amendment No. 1 Referred to Assignments
  5/7/2010 Senate Senate Floor Amendment No. 1 Assignments Refers to Executive
  5/7/2010 Senate Senate Floor Amendment No. 1 Recommend Do Adopt Executive; 008-004-000
  5/7/2010 Senate Added as Alternate Chief Co-Sponsor Sen. Donne E. Trotter
  5/7/2010 Senate Recalled to Second Reading
  5/7/2010 Senate Senate Floor Amendment No. 1 Adopted; Cullerton
  5/7/2010 Senate Placed on Calendar Order of 3rd Reading
  5/7/2010 Senate Third Reading - Passed; 031-026-000
  5/7/2010 House House Committee Amendment No. 1 Fiscal Note Requested as Amended by Rep. William B. Black
  5/7/2010 House House Committee Amendment No. 1 Pension Note Requested as Amended by Rep. William B. Black
  5/7/2010 House Arrived in House
  5/7/2010 House Placed on Calendar Order of Concurrence Senate Amendment(s) 1
  5/7/2010 House House Committee Amendment No. 1 Fiscal Note Requested as Amended by Rep. Michael W. Tryon
  5/7/2010 House House Committee Amendment No. 1 State Mandates Fiscal Note Requested as Amended by Rep. Michael W. Tryon
  5/13/2010 House Remove Chief Co-Sponsor Rep. Robert W. Pritchard
  5/17/2010 House House Committee Amendment No. 1 Fiscal Note Filed as Amended
  5/21/2010 House Chief Sponsor Changed to Rep. Barbara Flynn Currie
  5/21/2010 House Senate Floor Amendment No. 1 Motion Filed Concur Rep. Barbara Flynn Currie
  5/24/2010 House Senate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee
  5/24/2010 House Senate Floor Amendment No. 1 Pension Note Filed as Amended
  5/24/2010 House Senate Floor Amendment No. 1 Motion to Concur Rules Referred to Executive Committee
  5/24/2010 House Senate Floor Amendment No. 1 Motion to Concur Recommends Be Adopted Executive Committee; 007-004-000
  5/26/2010 House House Committee Amendment No. 1 State Mandates Fiscal Note Filed as Amended
  5/27/2010 House Senate Floor Amendment No. 1 Fiscal Note Filed as Amended
  6/27/2010 House Rule 19(b) / Re-referred to Rules Committee
  1/11/2011 House Session Sine Die

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	Adds reference to:
	30 ILCS 105/14.1	from Ch. 127, par. 150.1

	Fiscal Note, House Committee Amendment No. 1 (Teachers' Retirement System)
	HB 543 (H-AM 1) has no fiscal impact on the Teachers' Retirement System of the State of Illinois.

	Pension Note, Senate Floor Amendment No. 1 (Government Forecasting & Accountability)
	HB 0543, as amended by Senate Amendment 1, has a cumulative opportunity cost of $58.0 billion for the period ending FY 2045. This calculation reflects the loss of investment revenue over the entire period, assuming no State pension contribution is made in FY 2011. Details of this calculation appear in the table on the next page.

	State Mandates Fiscal Note, House Committee Amendment No. 1 (Dept. of Commerce & Economic Opportunity)
	HB 543 (H-AM 1) does not create a State mandate.

	Fiscal Note, Senate Floor Amendment No. 1 (State Universities Retirement Systems)
	Assuming no fiscal year 2011 contributions, HB 543 (S-AM 1) will impact the State Universities Retirement System's portfolio and result in the sale of $848.1 million in assets.

Date	Chamber	Action
2/4/2009	House	Filed with the Clerk by Rep. Dan Reitz
2/4/2009	House	First Reading
2/4/2009	House	Referred to Rules Committee
2/5/2009	House	Added Chief Co-Sponsor Rep. Robert W. Pritchard
2/9/2009	House	Assigned to Executive Committee
2/25/2009	House	House Committee Amendment No. 1 Filed with Clerk by Executive Committee
2/25/2009	House	House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
2/25/2009	House	Do Pass as Amended / Short Debate Executive Committee; 007-004-000
2/25/2009	House	Placed on Calendar 2nd Reading - Short Debate
3/3/2009	House	Second Reading - Short Debate
3/3/2009	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/5/2009	House	Added Co-Sponsor Rep. Roger L. Eddy
3/11/2009	House	Third Reading - Short Debate - Passed 060-057-000
3/11/2009	House	Removed Co-Sponsor Rep. Roger L. Eddy
3/12/2009	Senate	Arrive in Senate
3/12/2009	Senate	Placed on Calendar Order of First Reading March 17, 2009
3/13/2009	Senate	Chief Senate Sponsor Sen. John M. Sullivan
3/17/2009	Senate	First Reading
3/17/2009	Senate	Referred to Assignments
4/22/2009	Senate	Assigned to Agriculture and Conservation
4/29/2009	Senate	Postponed - Agriculture and Conservation
5/6/2009	Senate	Held in Agriculture and Conservation
5/8/2009	Senate	Rule 3-9(a) / Re-referred to Assignments
4/22/2010	Senate	Re-assigned to Executive
4/22/2010	Senate	Alternate Chief Sponsor Changed to Sen. John J. Cullerton
4/23/2010	Senate	Rule 2-10 Committee Deadline Established As May 7, 2010
4/28/2010	Senate	Do Pass Executive; 008-001-004
4/28/2010	Senate	Placed on Calendar Order of 2nd Reading April 29, 2010
4/30/2010	Senate	Second Reading
4/30/2010	Senate	Placed on Calendar Order of 3rd Reading May 3, 2010
5/7/2010	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton
5/7/2010	Senate	Senate Floor Amendment No. 1 Referred to Assignments
5/7/2010	Senate	Senate Floor Amendment No. 1 Assignments Refers to Executive
5/7/2010	Senate	Senate Floor Amendment No. 1 Recommend Do Adopt Executive; 008-004-000
5/7/2010	Senate	Added as Alternate Chief Co-Sponsor Sen. Donne E. Trotter
5/7/2010	Senate	Recalled to Second Reading
5/7/2010	Senate	Senate Floor Amendment No. 1 Adopted; Cullerton
5/7/2010	Senate	Placed on Calendar Order of 3rd Reading
5/7/2010	Senate	Third Reading - Passed; 031-026-000
5/7/2010	House	House Committee Amendment No. 1 Fiscal Note Requested as Amended by Rep. William B. Black
5/7/2010	House	House Committee Amendment No. 1 Pension Note Requested as Amended by Rep. William B. Black
5/7/2010	House	Arrived in House
5/7/2010	House	Placed on Calendar Order of Concurrence Senate Amendment(s) 1
5/7/2010	House	House Committee Amendment No. 1 Fiscal Note Requested as Amended by Rep. Michael W. Tryon
5/7/2010	House	House Committee Amendment No. 1 State Mandates Fiscal Note Requested as Amended by Rep. Michael W. Tryon
5/13/2010	House	Remove Chief Co-Sponsor Rep. Robert W. Pritchard
5/17/2010	House	House Committee Amendment No. 1 Fiscal Note Filed as Amended
5/21/2010	House	Chief Sponsor Changed to Rep. Barbara Flynn Currie
5/21/2010	House	Senate Floor Amendment No. 1 Motion Filed Concur Rep. Barbara Flynn Currie
5/24/2010	House	Senate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee
5/24/2010	House	Senate Floor Amendment No. 1 Pension Note Filed as Amended
5/24/2010	House	Senate Floor Amendment No. 1 Motion to Concur Rules Referred to Executive Committee
5/24/2010	House	Senate Floor Amendment No. 1 Motion to Concur Recommends Be Adopted Executive Committee; 007-004-000
5/26/2010	House	House Committee Amendment No. 1 State Mandates Fiscal Note Filed as Amended
5/27/2010	House	Senate Floor Amendment No. 1 Fiscal Note Filed as Amended
6/27/2010	House	Rule 19(b) / Re-referred to Rules Committee
1/11/2011	House	Session Sine Die