PEN CD-CONSOLIDATE DNST POLICE House SponsorsRep. Ryan Spain 1/13/2021HouseSession Sine Die 35 ILCS 200/18-18540 ILCS 5/3-101from Ch. 108 1/2, par. 3-10140 ILCS 5/3-101.1 new40 ILCS 5/3-101.2 new40 ILCS 5/7-199.5 new40 ILCS 5/3-102.1 new40 ILCS 5/3-103from Ch. 108 1/2, par. 3-10340 ILCS 5/3-103.9 new40 ILCS 5/3-104 new40 ILCS 5/3-105from Ch. 108 1/2, par. 3-10540 ILCS 5/3-108.240 ILCS 5/3-108.340 ILCS 5/3-110from Ch. 108 1/2, par. 3-11040 ILCS 5/3-110.740 ILCS 5/3-125from Ch. 108 1/2, par. 3-12540 ILCS 5/3-125.1from Ch. 108 1/2, par. 3-125.140 ILCS 5/3-128from Ch. 108 1/2, par. 3-12840 ILCS 5/3-128.1 new40 ILCS 5/3-128.2 new40 ILCS 5/3-134from Ch. 108 1/2, par. 3-13440 ILCS 5/3-135from Ch. 108 1/2, par. 3-13540 ILCS 5/3-140.5 new40 ILCS 5/3-141from Ch. 108 1/2, par. 3-14140 ILCS 5/3-141a new40 ILCS 5/3-141b new40 ILCS 5/3-141c new40 ILCS 5/3-141d new30 ILCS 805/8.43 new Amends the Illinois Pension Code. Merges all Article 3 police pension funds into a single Downstate Police Pension Fund on January 1, 2021. 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 staff, investments, transfer of assets and liabilities, acquisition of property, establishment of municipality accounts, and adopting rules and procedures. Authorizes the Transition Board to enter into contracts and to obligate and expend the assets of the Fund. Creates a new Board of Trustees for the Fund, and provides for administration of the Fund by the Transition Board until the new Board assumes its duties on January 1, 2022. Provides for investment of the Fund's assets by a custodian chosen by the Board of Trustees. 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 the Downstate Police Pension Fund. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately, except that certain changes to the Illinois Pension Code and the Property Tax Code take effect January 1, 2021. 1/30/2019HouseFiled with the Clerk by Rep. Jim Durkin 2/1/2019HouseFirst Reading 2/1/2019HouseReferred to Rules Committee 2/1/2019HouseChief Sponsor Changed to Rep. Ryan Spain 2/13/2019HouseAssigned to Personnel & Pensions Committee 2/21/2019HouseTo Pension Reform Subcommittee 3/29/2019HouseRule 19(a) / Re-referred to Rules Committee 1/13/2021HouseSession Sine Die