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<xml>
<title>Illinois General Assembly - Bill Status for HB 1185         </title>
<shortdesc>PENCD-DWNST POL&amp;FIRE-FINANCING</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Dave Vella and Laura Faver Dias</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/3-125</reference><aliasreference>from Ch. 108 1/2, par. 3-125</aliasreference><reference>40 ILCS 5/4-118</reference><aliasreference>from Ch. 108 1/2, par. 4-118</aliasreference><reference>30 ILCS 805/8.47 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Downstate Police and Downstate Firefighter Articles of the Illinois Pension Code. Provides that the annual employer contribution shall include an amount sufficient to bring the total assets of the pension fund up to 90% of the total actuarial liabilities of the pension fund by the end of municipal fiscal year 2050 (instead of 2040). Makes a conforming change. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/17/2023</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Dave Vella</action>
<statusdate>1/31/2023</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/31/2023</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>11/14/2023</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Laura Faver Dias</action>
<statusdate>1/31/2024</statusdate><chamber>House</chamber><action>Assigned to Personnel &amp; Pensions Committee</action>
<statusdate>3/22/2024</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Personnel &amp; Pensions Committee;  007-003-000</action>
<statusdate>3/22/2024</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>4/17/2024</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>4/17/2024</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate</action>
<statusdate>4/19/2024</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

