Illinois General Assembly - Bill Status for SB0134
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 Bill Status of SB0134  94th General Assembly


Senate Sponsors
Sen. James F. Clayborne, Jr. - Iris Y. Martinez

Last Action
DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/7-190from Ch. 108 1/2, par. 7-190
40 ILCS 5/7-201from Ch. 108 1/2, par. 7-201
40 ILCS 5/7-201.1from Ch. 108 1/2, par. 7-201.1
40 ILCS 5/22A-113from Ch. 108 1/2, par. 22A-113
40 ILCS 5/7-188 rep.
40 ILCS 5/7-195 rep.

Synopsis As Introduced
Amends the Illinois Pension Code to place the investment authority of the Illinois Municipal Retirement Fund under the Illinois State Board of Investment, beginning no later than January 1, 2006. Effective immediately.

 Pension Note (Commission on Gov't Forecasting and Accountability)
 Senate Bill 134 does not change the benefit provisions or funding of IMRF, but rather transfers the assets of IMRF to the Illinois State Board of Investment. The fiscal impact of the bill would depend primarily on any change in asset allocation after the transfer of assets.

DateChamber Action
  2/1/2005SenateFiled with Secretary by Sen. James F. Clayborne, Jr.
  2/1/2005SenateFirst Reading
  2/1/2005SenateReferred to Rules
  2/3/2005SenateAssigned to Pensions & Investments
  2/16/2005SenatePostponed - Pensions & Investments
  3/2/2005SenatePostponed - Pensions & Investments
  3/9/2005SenatePostponed - Pensions & Investments
  3/11/2005SenatePension Note Filed from the Commission on Government Forecasting and Accountability.
  3/16/2005SenateDo Pass Pensions & Investments; 007-002-000
  3/16/2005SenatePlaced on Calendar Order of 2nd Reading March 17, 2005
  3/16/2005SenateAdded as Chief Co-Sponsor Sen. Iris Y. Martinez
  4/6/2005SenateSecond Reading
  4/6/2005SenatePlaced on Calendar Order of 3rd Reading April 7, 2005
  5/10/2005SenateMotion Filed Sen. Louis S. Viverito; , Cullerton, Hendon, Petka and Roskam, Motion to Re-refer, pursuant to Senate Rule 3-7. Re-referred to the Senate Rules Committee.
  5/10/2005SenateMotion Prevailed
  5/10/2005SenateRe-referred to Rules
  1/9/2007SenateSession Sine Die

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