<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5644   </title>
<shortdesc>PEN CD-ART 3&amp;4 AMORTIZATION</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. David R. Leitch</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/3-125</reference><aliasreference>from Ch. 108 1/2, par. 3-125</aliasreference><reference>40 ILCS 5/4-118</reference><aliasreference>from Ch. 108 1/2, par. 4-118</aliasreference><SynopsisText>     Amends the Downstate Police and Downstate Firefighter Articles of the Illinois Pension Code. Authorizes the corporate authorities of a participating municipality to elect, by a duly authorized resolution or ordinance, to calculate actuarial liabilities using a 30-year rolling amortization period.</SynopsisText></synopsis>
<actions>
<statusdate>2/15/2012</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. David R. Leitch</action>
<statusdate>2/15/2012</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/15/2012</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

