Bill Status of SB 2642   98th General Assembly

Short Description:  PENSION STABILIZATION FUND

Senate Sponsors
Sen. Dale A. Righter

Last Action  View All Actions

DateChamber Action
  1/13/2015SenateSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 122/20

Synopsis As Introduced
Amends the Budget Stabilization Act. Increases the amount transferred from the General Revenue Fund to the Pension Stabilization Fund to 90% (currently 10%) of the specified sums. Provides that the transferred amount is intended to represent nine-tenths (currently one-tenth) of the annual savings to the State resulting from the enactment of Public Act 98-599. Effective immediately.

Actions 
DateChamber Action
  1/21/2014SenateFiled with Secretary by Sen. Dale A. Righter
  1/21/2014SenateFirst Reading
  1/21/2014SenateReferred to Assignments
  1/29/2014SenateAssigned to Executive
  2/5/2014SenateTo Subcommittee on Special Issues (EX)
  3/21/2014SenatePostponed - Executive; Subcommittee on Special Issues
  3/28/2014SenateRule 3-9(a) / Re-referred to Assignments
  1/13/2015SenateSession Sine Die

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