PUBLIC LABOR ARBITRATION Senate SponsorsSen. Pamela J. Althoff 1/10/2017SenateSession Sine Die 5 ILCS 315/14from Ch. 48, par. 1614Amends the Illinois Public Labor Relations Act. Provides that an arbitration hearing shall be open to the public and held within the district or boundaries of the security, peace officer, or fire fighter public employer, unless both parties agree to close the hearing to the public. Provides that in no event shall the decision of the arbitration panel regarding economic issues exceed the financial ability of the employer to fund the award based upon the current revenues and expenses of the employer, including annual pension funding requirements, and without consideration of the ability of the employer to increase tax levels prospectively. 2/19/2016SenateFiled with Secretary by Sen. Pamela J. Althoff 2/19/2016SenateFirst Reading 2/19/2016SenateReferred to Assignments 1/10/2017SenateSession Sine Die