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| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020 HOUSE JOINT RESOLUTION
CONSTITUTIONAL AMENDMENT HC0031 Introduced , by Rep. Allen Skillicorn SYNOPSIS AS INTRODUCED: |
| | ILCON Art. VIII, Sec. 5 new |
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Proposes to amend the Finance Article of the Illinois Constitution. Provides that public funds shall not be expended for the purpose of a subsidy or bailout of a pension fund or retirement system for members of the General Assembly or constitutional officers. Effective upon being declared adopted.
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| | HC0031 | | LRB101 11853 RPS 58800 e |
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| 1 | | HOUSE JOINT RESOLUTION
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| 2 | | CONSTITUTIONAL AMENDMENT
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| 3 | | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE |
| 4 | | HUNDRED FIRST GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE |
| 5 | | SENATE CONCURRING HEREIN, that there shall be submitted to the |
| 6 | | electors of the State for adoption or rejection at the general |
| 7 | | election next occurring at least 6 months after the adoption of |
| 8 | | this resolution a proposition to amend the Illinois |
| 9 | | Constitution in Article VIII by adding Section 5 as follows:
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| 10 | | ARTICLE VIII
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| 11 | | FINANCE
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| 12 | | (ILCON Art. VIII, Sec. 5 new) |
| 13 | | SECTION 5. PROHIBITED EXPENDITURES; PENSION SUBSIDIES |
| 14 | | Public funds shall not be expended for the purpose of a |
| 15 | | subsidy or bailout of a pension fund or retirement system for |
| 16 | | members of the General Assembly or officers under Section 1 of |
| 17 | | Article V.
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| 18 | | SCHEDULE
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| 19 | | This Constitutional Amendment takes effect upon being |
| 20 | | declared adopted in accordance with Section 7 of the Illinois |
| 21 | | Constitutional Amendment Act.
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