PENCD-IMRF-TAX LEVY APPROVAL House SponsorsRep. Bill Mitchell 1/9/2007HouseSession Sine Die 40 ILCS 5/7-171from Ch. 108 1/2, par. 7-171 Amends the IMRF Article of the Illinois Pension Code. Provides that, at any time, the Board may require a municipality to submit to the Board (i) a certified copy of the ordinance for its tax levy for pension purposes, (ii) a certified copy of the ordinance for the appropriation for municipality contributions, and (iii) if the levy exceeds the contribution, a statement of the reason for the additional amount. Provides that the tax collecting authority may not extend a levy for an amount greater than the amount appropriated for municipality contributions, unless the additional amount is authorized for a school district or has been approved by the Board. Provides that, as a condition of approval, the Board may require the tax collecting authority to pay the revenue derived from the tax levy directly to the Fund rather than to the treasurer of the municipality levying the tax. Provides that the provisions of this amendatory Act do not apply within Cook County. Effective immediately. 1/19/2005HouseFiled with the Clerk by Rep. Bill Mitchell 1/26/2005HouseFirst Reading 1/26/2005HouseReferred to Rules Committee 1/26/2005HouseAssigned to Executive Committee 3/10/2005HouseRule 19(a) / Re-referred to Rules Committee 1/9/2007HouseSession Sine Die