Bill Status of SB0306 94th General Assembly
Short Description: PEN CD-IMRF-TRANSFER FUNDS
Sen. Iris Y. Martinez
| 1/9/2007||Senate||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the IMRF Article of the Illinois Pension Code. Provides that a municipality may transfer funds among its reserves, from one that is over 100% funded to one that is less, under certain circumstances. Effective immediately.
|Date||Chamber|| Action|| 2/15/2005||Senate||Filed with Secretary by Sen. Iris Y. Martinez|| 2/15/2005||Senate||First Reading|| 2/15/2005||Senate||Referred to Rules|| 1/9/2007||Senate||Session Sine Die|