Illinois Senate Bill 2739

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 12 2024 - 25% progression
Action: 2024-04-05 - Rule 2-10 Committee Deadline Established As May 3, 2024
Pending: Senate Appropriations Committee
Text: Latest bill text (Introduced) [HTML]

Amends the General Assembly, State Employees, State Universities, Downstate Teachers, and Judges Articles of the Illinois Pension Code. Provides that, beginning in State fiscal year 2025, if the Comptroller requests the Board of Trustees of one of those Systems to submit, during a State fiscal year, vouchers for multiple monthly payments for the advance payment of State contributions due to the System for that State fiscal year, then that Board of Trustees shall submit those additional vouchers as directed by the Comptroller, notwithstanding existing limits on the amounts to be vouchered each month. With regard to the General Assembly, State Employees, Downstate Teachers, and Judges Articles, specifies that, unless an act of appropriations provides otherwise, the Boards of Trustees shall not submit, in any State fiscal year, vouchers for the payment of State contributions in an amount that exceeds the rate of payroll certified by the System for that State fiscal year. For the State Universities Article, specifies that, unless an act of appropriations provides otherwise, the Boards of Trustees shall not submit, in any State fiscal year, vouchers for the payment of State contributions in an amount that exceeds the annual certified contribution to the System for that State fiscal year. Makes conforming changes. Effective July 1, 2024.

PEN CD-ADVANCE VOUCHERING

Sen. Robert Martwick [D]

Date	Chamber	Action
2024-04-05	Senate	Rule 2-10 Committee Deadline Established As May 3, 2024
2024-03-15	Senate	Rule 2-10 Committee Deadline Established As April 5, 2024
2024-01-31	Senate	Assigned to Appropriations
2024-01-12	Senate	Referred to Assignments
2024-01-12	Senate	First Reading
2024-01-12	Senate	Filed with Secretary by Sen. Robert F. Martwick

Chapter	Article	Section	Citation Type	Statute Text
40	5	14-131	Amended Code	Citation Text
40	5	15-165	Amended Code	Citation Text
40	5	16-158	Amended Code	Citation Text
40	5	18-140	Amended Code	Citation Text
40	5	2-134	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2739&GAID=17&DocTypeID=SB&SessionID=112&GA=103
Text	https://www.ilga.gov/legislation/103/SB/10300SB2739.htm