PENS CD-CHI TEACHERS-REVENUE
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SB 729 — PENS CD-CHI TEACHERS-REVENUE
Last action — Session Sine Die
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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Died in session
This bill died with 100th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that beginning in State fiscal year 2018, the State shall make annual contributions to the Chicago Public School Teachers' Pension and Retirement Fund. Provides that for State fiscal year 2018, the contribution shall be $456,500,000 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 downstate teachers retirement system for the coming fiscal year. Effective immediately.
Bill Text
- Introduced View text Current html
Action History
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Session Sine Die
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Rule 3-9(a) / Re-referred to Assignments
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Rule 2-10 Committee Deadline Established As May 5, 2017
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Rule 2-10 Committee Deadline Established As April 7, 2017
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To Subcommittee on Governmental Operations
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Assigned to Executive
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Referred to Assignments
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First Reading
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Filed with Secretary by Sen. Kimberly A. Lightford
Sponsors
- Kimberly A. Lightford · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →0 sponsors · 1 co-sponsors · 182 not signed on
Sponsors (0)
None.
Co-sponsors (1)
- Kimberly A. Lightford Democrat
Not signed on (182)
182 members have not signed on to this bill.
Show all 182 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 729 do?
- Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that beginning in State fiscal year 2018, the State shall make annual contributions to the Chicago Public School Teachers' Pension and Retirement Fund. Provides that for State fiscal year 2018, the contribution shall be $456,500,000 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 downstate teachers retirement system for the coming fiscal year. Effective immediately.
- Who sponsors SB 729?
- SB 729 is sponsored by Kimberly A. Lightford (Democrat).
- What is the current status of SB 729?
- This bill died with 100th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 729?
- Track SB 729 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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