<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 1226   </title>
<shortdesc>PEN CD-TRS-PRIV SCHOOL CREDIT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Kirk W. Dillard</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/16-127</reference><aliasreference>from Ch. 108 1/2, par. 16-127</aliasreference><SynopsisText>Amends the Downstate Teacher Article of the Illinois Pension Code. Extends to June 1, 2008 the period for applying to establish credit for service as a teacher or administrator employed by a private school. Effective immediately.</SynopsisText><synopsistitle>Pension Note (Government Forecasting &amp; Accountability)</synopsistitle>
<SynopsisText>The fiscal impact cannot be determined as the amount of credit that would be purchased is unknown. According to TRS, the required contributions for the optional service should fully fund the actuarial cost of the service.</SynopsisText></synopsis>
<actions>
<statusdate>2/18/2005</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Kirk W. Dillard</action>
<statusdate>2/18/2005</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/18/2005</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>2/23/2005</statusdate><chamber>Senate</chamber><action>Assigned to Pensions &amp; Investments</action>
<statusdate>3/2/2005</statusdate><chamber>Senate</chamber><action>Postponed - Pensions &amp; Investments</action>
<statusdate>3/9/2005</statusdate><chamber>Senate</chamber><action>To Subcommittee</action>
<statusdate>3/11/2005</statusdate><chamber>Senate</chamber><action>Pension Note Filed from the Commission on Government Forecasting and Accountability.</action>
<statusdate>3/18/2005</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Rules</action>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

