Bill Status of HB0317  94th General Assembly

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Short Description:  PENCD-IMRF-TAX LEVY APPROVAL

House Sponsors
Rep. Bill Mitchell

Last Action

Date	Chamber	Action
1/9/2007	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/7-171

from Ch. 108 1/2, par. 7-171

Synopsis As Introduced
Amends the IMRF Article of the Illinois Pension Code. Provides that, at any time, the Board may require a municipality to submit to the Board (i) a certified copy of the ordinance for its tax levy for pension purposes, (ii) a certified copy of the ordinance for the appropriation for municipality contributions, and (iii) if the levy exceeds the contribution, a statement of the reason for the additional amount. Provides that the tax collecting authority may not extend a levy for an amount greater than the amount appropriated for municipality contributions, unless the additional amount is authorized for a school district or has been approved by the Board. Provides that, as a condition of approval, the Board may require the tax collecting authority to pay the revenue derived from the tax levy directly to the Fund rather than to the treasurer of the municipality levying the tax. Provides that the provisions of this amendatory Act do not apply within Cook County. Effective immediately.

Actions 

Date	Chamber	Action
1/19/2005	House	Filed with the Clerk by Rep. Bill Mitchell
1/26/2005	House	First Reading
1/26/2005	House	Referred to Rules Committee
1/26/2005	House	Assigned to Executive Committee
3/10/2005	House	Rule 19(a) / Re-referred to Rules Committee
1/9/2007	House	Session Sine Die