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<xml>
<title>Illinois General Assembly - Bill Status for SB 701          </title>
<shortdesc>PEN CD-IMRF-EARNINGS EXCLUSION</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Julie A. Morrison-Melinda Bush-Laura M. Murphy</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Elaine Nekritz, Sam Yingling, Silvana Tabares, Stephanie A. Kifowit and David S. Olsen)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/25/2017</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 100-0411</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/7-114</reference><aliasreference>from Ch. 108 1/2, par. 7-114</aliasreference><SynopsisText>Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. For a person who first becomes a participating employee on or after the effective date of the amendatory Act, excludes vehicle allowances from the definition of "earnings". Effective immediately.</SynopsisText><synopsistitle>House Floor Amendment No. 1</synopsistitle>
<reftype>Adds reference to:</reftype><reference>40 ILCS 5/7-172</reference><aliasreference>from Ch. 108 1/2, par. 7-172</aliasreference><SynopsisText>Replaces everything after the enacting clause. Reinserts the provisions of the engrossed bill with the following changes. Further amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. In a provision that requires an employer to pay the present value of the increase in pension resulting from an increase in earnings greater than 6% or 1.5 times the increase in the consumer price index for any of the 12-month periods used to determine final rate of earnings, excludes earnings increases resulting from payments for unused vacation time, but only for payments for unused vacation time made in the final 3 months of the final rate of earnings period. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/30/2017</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Julie A. Morrison</action>
<statusdate>1/30/2017</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/30/2017</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/8/2017</statusdate><chamber>Senate</chamber><action>Assigned to Government Reform</action>
<statusdate>2/28/2017</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Melinda Bush</action>
<statusdate>3/1/2017</statusdate><chamber>Senate</chamber><action>Do Pass Government Reform;  010-000-000</action>
<statusdate>3/1/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 2, 2017</action>
<statusdate>3/10/2017</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Laura M. Murphy</action>
<statusdate>3/14/2017</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/14/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 15, 2017</action>
<statusdate>4/25/2017</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 056-000-000</action>
<statusdate>4/25/2017</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/25/2017</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Elaine Nekritz</action>
<statusdate>4/25/2017</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/25/2017</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>5/9/2017</statusdate><chamber>House</chamber><action>Assigned to Personnel &amp; Pensions Committee</action>
<statusdate>5/16/2017</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Sam Yingling</action>
<statusdate>5/16/2017</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Personnel &amp; Pensions Committee;  014-000-000</action>
<statusdate>5/17/2017</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/22/2017</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Silvana Tabares</action>
<statusdate>5/22/2017</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Stephanie A. Kifowit</action>
<statusdate>5/22/2017</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Filed with Clerk by Rep. Elaine Nekritz</action>
<statusdate>5/22/2017</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Referred to Rules Committee</action>
<statusdate>5/23/2017</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Rules Refers to Personnel &amp; Pensions Committee</action>
<statusdate>5/23/2017</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Recommends Be Adopted Personnel &amp; Pensions Committee;  012-000-000</action>
<statusdate>5/24/2017</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/24/2017</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Adopted</action>
<statusdate>5/24/2017</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/26/2017</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 112-000-000</action>
<statusdate>5/26/2017</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. David S. Olsen</action>
<statusdate>5/26/2017</statusdate><chamber>Senate</chamber><action>Secretary's Desk - Concurrence House Amendment(s) 1</action>
<statusdate>5/26/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of Concurrence House Amendment(s) 1 -  May 29, 2017</action>
<statusdate>5/26/2017</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Julie A. Morrison</action>
<statusdate>5/26/2017</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 1 Motion to Concur Referred to Assignments</action>
<statusdate>5/29/2017</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 1 Motion to Concur Assignments Referred to Licensed Activities and Pensions</action>
<statusdate>5/30/2017</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Licensed Activities and Pensions;  010-000-000</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 1 Senate Concurs 053-000-000</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>Senate Concurs</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>6/29/2017</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>8/25/2017</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>8/25/2017</statusdate><chamber>Senate</chamber><action>Effective Date August 25, 2017</action>
<statusdate>8/25/2017</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 100-0411</action>
</actions>
</xml>

