Illinois House Bill 2472 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 17 2015 - 25% progression, died in committee
Action: 2015-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that beginning in State fiscal year 2016, the State shall make annual contributions to the Chicago Public School Teachers' Pension and Retirement Fund. Provides that for State fiscal year 2016, the contribution shall be $374,270,000 and that for each year thereafter, the Board of Trustees of the Fund shall certify to the Governor by January 15th the amount of the required State contribution to the Fund for the coming fiscal year. Requires the certified contribution to be equal to 10% of the contribution certified by the Board of Trustees of the Teachers' Retirement System for the coming fiscal year. Effective immediately.

PENS CD-CHI TEACHERS-REVENUE

Rep. Monique Davis [D]

Date	Chamber	Action
2015-03-27	House	Rule 19(a) / Re-referred to Rules Committee
2015-03-02	House	Assigned to Appropriations-Elementary & Secondary Education Committee
2015-02-18	House	Referred to Rules Committee
2015-02-18	House	First Reading
2015-02-17	House	Filed with the Clerk by Rep. Monique D. Davis

Chapter	Article	Section	Citation Type	Statute Text
40	5	17-127	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2472&GAID=13&DocTypeID=HB&SessionID=88&GA=99
Text	https://www.ilga.gov/legislation/99/HB/09900HB2472.htm