<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 3425         </title>
<shortdesc>PENCD-DNST POL-FIRE-IMRF MERGE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. William E. Brady</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/18-185</reference><aliasreference></aliasreference><reference>40 ILCS 5/3-101</reference><aliasreference>from Ch. 108 1/2, par. 3-101</aliasreference><reference>40 ILCS 5/3-101.1 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/3-101.2 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/4-101</reference><aliasreference>from Ch. 108 1/2, par. 4-101</aliasreference><reference>40 ILCS 5/4-101.1 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/4-101.2 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/7-199.5 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/7-199.6 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/3-102.1 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/3-103</reference><aliasreference>from Ch. 108 1/2, par. 3-103</aliasreference><reference>40 ILCS 5/3-103.9 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/3-105</reference><aliasreference>from Ch. 108 1/2, par. 3-105</aliasreference><reference>40 ILCS 5/3-108.2</reference><aliasreference></aliasreference><reference>40 ILCS 5/3-108.3</reference><aliasreference></aliasreference><reference>40 ILCS 5/3-110</reference><aliasreference>from Ch. 108 1/2, par. 3-110</aliasreference><reference>40 ILCS 5/3-110.7</reference><aliasreference></aliasreference><reference>40 ILCS 5/3-125</reference><aliasreference>from Ch. 108 1/2, par. 3-125</aliasreference><reference>40 ILCS 5/3-125.1</reference><aliasreference>from Ch. 108 1/2, par. 3-125.1</aliasreference><reference>40 ILCS 5/3-128</reference><aliasreference>from Ch. 108 1/2, par. 3-128</aliasreference><reference>40 ILCS 5/3-134</reference><aliasreference>from Ch. 108 1/2, par. 3-134</aliasreference><reference>40 ILCS 5/3-135</reference><aliasreference>from Ch. 108 1/2, par. 3-135</aliasreference><reference>40 ILCS 5/3-141</reference><aliasreference>from Ch. 108 1/2, par. 3-141</aliasreference><reference>40 ILCS 5/3-141a new</reference><aliasreference></aliasreference><reference>40 ILCS 5/3-141b new</reference><aliasreference></aliasreference><reference>40 ILCS 5/4-102.1 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/4-103</reference><aliasreference>from Ch. 108 1/2, par. 4-103</aliasreference><reference>40 ILCS 5/4-105</reference><aliasreference>from Ch. 108 1/2, par. 4-105</aliasreference><reference>40 ILCS 5/4-105c</reference><aliasreference></aliasreference><reference>40 ILCS 5/4-105d</reference><aliasreference></aliasreference><reference>40 ILCS 5/4-106.5 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/4-108</reference><aliasreference>from Ch. 108 1/2, par. 4-108</aliasreference><reference>40 ILCS 5/4-118</reference><aliasreference>from Ch. 108 1/2, par. 4-118</aliasreference><reference>40 ILCS 5/4-118.1</reference><aliasreference>from Ch. 108 1/2, par. 4-118.1</aliasreference><reference>40 ILCS 5/4-121</reference><aliasreference>from Ch. 108 1/2, par. 4-121</aliasreference><reference>40 ILCS 5/4-124</reference><aliasreference>from Ch. 108 1/2, par. 4-124</aliasreference><reference>40 ILCS 5/4-128</reference><aliasreference>from Ch. 108 1/2, par. 4-128</aliasreference><reference>40 ILCS 5/4-130.1 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/4-130.3 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/4-134</reference><aliasreference>from Ch. 108 1/2, par. 4-134</aliasreference><reference>40 ILCS 5/7-175</reference><aliasreference>from Ch. 108 1/2, par. 7-175</aliasreference><reference>40 ILCS 5/7-175.1</reference><aliasreference>from Ch. 108 1/2, par. 7-175.1</aliasreference><reference>30 ILCS 805/8.42 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Pension Code. Merges all Article 3 police officers' pension funds and Article 4 firefighters' pension funds into the Illinois Municipal Retirement Fund (IMRF) on January 1, 2020. Creates a Transition Board, which is responsible for planning, overseeing, and administering the consolidation. Authorizes the Transition Board to undertake numerous activities necessary for the consolidation, including making arrangements for the transfer of assets and liabilities and for making recommendations to IMRF for an appropriate system of determining, administering, receiving, and enforcing the required municipal contributions to the Fund. Makes conforming and other changes. Amends the Property Tax Extension Limitation Law (PTELL) of the Property Tax Code to exclude from the definition of "aggregate extension" special purpose extensions made for contributions to IMRF for benefits under the Downstate Police and Downstate Firefighter Articles. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately, except that certain changes to the Illinois Pension Code and PTELL of the Property Tax Code take effect January 1, 2020.</SynopsisText></synopsis>
<actions>
<statusdate>2/16/2018</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Pamela J. Althoff</action>
<statusdate>2/16/2018</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/16/2018</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/27/2018</statusdate><chamber>Senate</chamber><action>Assigned to Licensed Activities and Pensions</action>
<statusdate>4/12/2018</statusdate><chamber>Senate</chamber><action>To Subcommittee on Pension Consolidation</action>
<statusdate>4/13/2018</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 27, 2018</action>
<statusdate>4/27/2018</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>9/30/2018</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. William E. Brady</action>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

