90th General Assembly
Status of HB3031
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Summary
CAPPARELLI-MCAULIFFE-BURKE-ACEVEDO-BUGIELSKI AND SAVIANO.

   40 ILCS 5/5-168           from Ch. 108 1/2, par. 5-168                      

        Amends the Chicago Police Article of the Pension Code to increase      
   the multiplier used to calculate the maximum  allowable  pension  tax,      
   from 2.00 to 2.26.  Effective immediately.                                  
          PENSION NOTE                                                         
          Annual employer contributions would significantly increase.          
          Employer contributions were $112 M, with a property tax multi-       
          plier of 2.00; with a multiplier of 2.36, they would be $133 M.      
   98-02-06  H  FILED WITH CLERK                                               
   98-02-06  H  ADDED AS A JOINT SPONSOR                 MCAULIFFE             
   98-02-06  H  ADDED AS A CO-SPONSOR                    BURKE                 
   98-02-06  H  ADDED AS A CO-SPONSOR                    ACEVEDO               
   98-02-06  H  ADDED AS A CO-SPONSOR                    BUGIELSKI             
   98-02-06  H  ADDED AS A CO-SPONSOR                    SAVIANO               
   98-02-10  H  FIRST READING                                                  
   98-02-10  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   98-03-03  H                        PENSION NOTE FILED                       
   98-03-03  H                   COMMITTEE               RULES                 
   99-01-12  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary