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<title>Illinois General Assembly - Bill Status for HB 1859         </title>
<shortdesc>PUBLIC EMPLOYEE BENEFITS-TECH</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Kelly M. Burke and Michael Kelly</sponsors>
<sponsorhead2>Senate Sponsors</sponsorhead2><altsponsors>(Sen. Robert F. Martwick and Cristina Castro)</altsponsors>
</sponsor>
<lastaction>
<statusdate>2/10/2023</statusdate><chamber>House</chamber><action>Public Act . . . . . . . . . 102-1131</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/17-101</reference><aliasreference>from Ch. 108 1/2, par. 17-101</aliasreference><SynopsisText>     Amends the Illinois Pension Code. Makes a technical change in a Section concerning Chicago teachers.</SynopsisText><synopsistitle>House Committee Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>40 ILCS 5/17-101</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>40 ILCS 5/10-107</reference><aliasreference>from Ch. 108 1/2, par. 10-107</aliasreference><reference>30 ILCS 805/8.46 new</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Cook County Forest Preserve Article of the Illinois Pension Code. Provides that beginning in levy year 2023, and in each year thereafter, the Forest Preserve District shall levy a tax annually at a rate on the dollar of the value of all taxable property within the county that will produce, when extended, an amount equal to no less than the amount of the Forest Preserve District's total required contribution to the Fund for the next payment year. Specifies the annual contribution for payment years 2023 through 2025. Provides that the retirement board shall retain an actuary who is a member in good standing of the American Academy of Actuaries to produce an annual actuarial report of the Fund, which shall include specified information. Provides that the minimum required employer contribution for a specified year as set forth in the annual actuarial report shall be the amount determined by the Fund's actuary to be equal to the sum of: (i) the projected normal cost for pensions for that fiscal year, plus (ii) a projected unfunded actuarial accrued liability amortization payment for pensions for the fiscal year, plus (iii) projected expenses for that fiscal year, plus (iv) interest to adjust for payment pattern during the fiscal year, minus (v) projected employee contributions for that fiscal year. Contains provisions concerning additional contributions; methods of calculating the required contribution; contributions for payment years after 2063; and property taxes. Amends the State Mandates Act to require implementation without reimbursement by the State. Effective immediately.</SynopsisText><synopsistitle>Senate Committee Amendment No. 1</synopsistitle>
<SynopsisText>Replaces everything after the enacting clause. Reinserts the provisions of the engrossed bill with the following changes. Removes provisions concerning an additional contribution to the Fund and specifying the annual employer contribution amount for payment years 2023 through 2025. Provides the Forest Preserve District's contribution formula for payment years 2024 through 2054 (rather than payment years 2026 through 2063). Makes a conforming change. Provides that certain methods may be amended as recommended by an independent actuary engaged by the Fund and in compliance with actuarial standards of practice and as adopted by an affirmative vote of a simple majority (rather than an affirmative vote of a majority) of the Board and the Forest Preserve District Board of Commissioners. Effective June 1, 2023 (rather than immediately).</SynopsisText></synopsis>
<actions>
<statusdate>2/16/2021</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Kelly M. Burke</action>
<statusdate>2/17/2021</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/17/2021</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/9/2021</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>3/27/2021</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/25/2022</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>2/3/2022</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Rep. Kelly M. Burke</action>
<statusdate>2/3/2022</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Referred to Rules Committee</action>
<statusdate>2/8/2022</statusdate><chamber>House</chamber><action>Re-assigned to Personnel &amp; Pensions Committee</action>
<statusdate>2/8/2022</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rules Refers to Personnel &amp; Pensions Committee</action>
<statusdate>2/17/2022</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Adopted in Personnel &amp; Pensions Committee;  by Voice Vote</action>
<statusdate>2/17/2022</statusdate><chamber>House</chamber><action>Do Pass as Amended / Consent Calendar Personnel &amp; Pensions Committee;  008-000-000</action>
<statusdate>2/18/2022</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Consent Calendar</action>
<statusdate>3/1/2022</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael Kelly</action>
<statusdate>3/1/2022</statusdate><chamber>House</chamber><action>Second Reading - Consent Calendar</action>
<statusdate>3/1/2022</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Consent Calendar</action>
<statusdate>3/2/2022</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Consent Calendar</action>
<statusdate>3/3/2022</statusdate><chamber>House</chamber><action>Third Reading - Consent Calendar - First Day</action>
<statusdate>3/4/2022</statusdate><chamber>House</chamber><action>Third Reading - Consent Calendar -  Passed 082-022-000</action>
<statusdate>3/7/2022</statusdate><chamber>Senate</chamber><action>Arrive in Senate</action>
<statusdate>3/7/2022</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>3/7/2022</statusdate><chamber>Senate</chamber><action>Chief Senate Sponsor Sen. Robert F. Martwick</action>
<statusdate>3/7/2022</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>3/7/2022</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/10/2022</statusdate><chamber>Senate</chamber><action>Added as Alternate Co-Sponsor Sen. Cristina Castro</action>
<statusdate>11/22/2022</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>11/28/2022</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick</action>
<statusdate>11/28/2022</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>11/29/2022</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Revenue</action>
<statusdate>11/29/2022</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Adopted</action>
<statusdate>11/29/2022</statusdate><chamber>Senate</chamber><action>Do Pass as Amended Revenue;  010-000-000</action>
<statusdate>11/29/2022</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading November 30, 2022</action>
<statusdate>11/30/2022</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>11/30/2022</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading December 1, 2022</action>
<statusdate>12/1/2022</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 055-000-000</action>
<statusdate>12/1/2022</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>12/1/2022</statusdate><chamber>House</chamber><action>Placed on Calendar Order of Concurrence Senate Amendment(s) 1</action>
<statusdate>12/1/2022</statusdate><chamber>House</chamber><action>Senate Committee Amendment No. 1 Motion Filed Concur Rep. Kelly M. Burke</action>
<statusdate>12/1/2022</statusdate><chamber>House</chamber><action>Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee</action>
<statusdate>12/1/2022</statusdate><chamber>House</chamber><action>Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Rules Committee;  003-001-000</action>
<statusdate>12/30/2022</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) January 10, 2023</action>
<statusdate>1/5/2023</statusdate><chamber>House</chamber><action>Senate Committee Amendment No. 1 House Concurs 085-020-000</action>
<statusdate>1/5/2023</statusdate><chamber>House</chamber><action>Passed Both Houses</action>
<statusdate>2/3/2023</statusdate><chamber>House</chamber><action>Sent to the Governor</action>
<statusdate>2/10/2023</statusdate><chamber>House</chamber><action>Governor Approved</action>
<statusdate>2/10/2023</statusdate><chamber>House</chamber><action>Effective Date June 1, 2023</action>
<statusdate>2/10/2023</statusdate><chamber>House</chamber><action>Public Act . . . . . . . . . 102-1131</action>
</actions>
</xml>

