Bill Status of HB2578  102nd General Assembly


Short Description:  PEN CD-PENSION TASK FORCE

House Sponsors
Rep. Mike Murphy and Ryan Spain

Last Action
DateChamber Action
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
40 ILCS 5/1A-205 new


Synopsis As Introduced
Amends the Regulation of Public Pension Funds Article of the Illinois Pension Code. Creates the Task Force on Public Pension Funds and Retirement Systems to study and make recommendations for changes to public pension funds and retirement systems that can reduce the burden on taxpayers and ensure that members of public pension funds and retirement systems are treated fairly in their retirement. Requires the Task Force to report its findings and recommendations to the General Assembly by October 31, 2021. Repeals the provisions on October 31, 2022. Effective immediately.

Actions 
DateChamber Action
  2/17/2021HouseFiled with the Clerk by Rep. Mike Murphy
  2/19/2021HouseFirst Reading
  2/19/2021HouseReferred to Rules Committee
  3/9/2021HouseAssigned to Personnel & Pensions Committee
  3/18/2021HouseAdded Co-Sponsor Rep. Ryan Spain
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee