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

Statutes Amended In Order of Appearance

40 ILCS 5/8-173

from Ch. 108 1/2, par. 8-173

30 ILCS 805/8.34 new

Synopsis As Introduced
Amends the Chicago Municipal Article of the Illinois Pension Code. Provides that the city shall levy a tax annually at a rate on the dollar of the value, as equalized or assessed by the Department of Revenue of all taxable property within the city for the year 2010 and each year thereafter, that will produce, when extended, an amount equal to or greater than the total amount of contributions made by or on behalf of employees to the Fund for annuity purposes in the calendar year 2 years prior to the year for which the annual applicable tax is levied, multiplied by 1.25. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 

Date	Chamber	Action
1/12/2010	House	Filed with the Clerk by Rep. Michael J. Zalewski
1/12/2010	House	First Reading
1/12/2010	House	Referred to Rules Committee
1/11/2011	House	Session Sine Die

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