<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2381         </title>
<shortdesc>PENS CD-CHI TEACHERS-REVENUE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Emil Jones, III-Mattie Hunter</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/17-127</reference><aliasreference>from Ch. 108 1/2, par. 17-127</aliasreference><SynopsisText>Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that beginning in State fiscal year 2017, the State shall make annual contributions to the Chicago Public School Teachers' Pension and Retirement Fund. Provides that for State fiscal year 2017, the contribution shall be $374,270,000 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.</SynopsisText></synopsis>
<actions>
<statusdate>2/3/2016</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Emil Jones, III</action>
<statusdate>2/3/2016</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/3/2016</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/17/2016</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>2/17/2016</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Mattie Hunter</action>
<statusdate>3/2/2016</statusdate><chamber>Senate</chamber><action>To Subcommittee on Governmental Operations</action>
<statusdate>4/8/2016</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 22, 2016</action>
<statusdate>4/22/2016</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee/3rd Reading Deadline Established As May 13, 2016</action>
<statusdate>5/13/2016</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

