Date	Chamber	Action
3/18/2010	House	Third Reading - Short Debate - Lost 042-071-000

Statutes Amended In Order of Appearance

40 ILCS 5/17-127

from Ch. 108 1/2, par. 17-127

Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that, beginning in State fiscal year 2010, the General Assembly must make annual contributions to the Fund of an amount equal to 20% of the amount of the annual State contribution to the Teachers' Retirement System of the State of Illinois. Effective immediately.

	Pension Note (Government Forecasting & Accountability)
	The Teachers' Retirement System has certified a FY 2011 contribution of $2.4 billion. If HB 4582 becomes law, the State would be obligated to make an additional contribution of $472 million in FY 2011 to the Chicago Teachers' Pension Fund.

	Fiscal Note (Dept. of Insurance)
	HB 4582 has no projected fiscal impact to the Illinois Department of Insurance.

Actions 

Date	Chamber	Action
5/30/2009	House	Filed with the Clerk by Rep. Monique D. Davis
5/31/2009	House	First Reading
5/31/2009	House	Referred to Rules Committee
2/23/2010	House	Assigned to Personnel and Pensions Committee
3/4/2010	House	Do Pass / Short Debate Personnel and Pensions Committee; 007-002-000
3/4/2010	House	Placed on Calendar 2nd Reading - Short Debate
3/8/2010	House	Fiscal Note Requested by Rep. William B. Black
3/8/2010	House	Pension Note Requested by Rep. William B. Black
3/9/2010	House	Pension Note Filed
3/15/2010	House	Fiscal Note Filed
3/17/2010	House	Second Reading - Short Debate
3/17/2010	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/18/2010	House	Third Reading - Short Debate - Lost 042-071-000

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