UNEMPLOY INS-ADMIN FUND Senate SponsorsSen. James A. DeLeo House Sponsors(Rep. John D'Amico) 7/14/2005SenatePublic Act . . . . . . . . . 94-0232 820 ILCS 405/2103.1from Ch. 48, par. 663.1Amends the Unemployment Insurance Act. Provides that all remaining funds in the Employment Security Administrative Fund shall be transferred to the clearing account on July 1, 2005 or as soon thereafter as is reasonably practicable, and, upon the transfer of the funds, the Employment Security Administrative Fund is abolished. Provides that the provisions establishing the Employment Security Administrative Fund are repealed on January 1, 2006. Effective July 1, 2005.Fiscal Note (Department of Employment Security) SB 1770 eliminates the Employment Security Administrative Fund, which was established in 1990 from a one-time revenue source and used for initiatives designed to decrease and prevent unemployment. At one point the fund held over $11 million, but it has now been virtually exhausted and there are no prospects of replenishing it. The only fiscal impact of the bill is that the remaining balance in ESAF ($3,268.05 as of May 5, 2005) would be transferred to the Unemployment Trust Fund, which is dedicated to paying unemployment benefits to jobless workers. 2/25/2005SenateFiled with Secretary by Sen. James A. DeLeo 2/25/2005SenateFirst Reading 2/25/2005SenateReferred to Rules 3/2/2005SenateAssigned to Labor 3/10/2005SenateDo Pass Labor; 008-000-000 3/10/2005SenatePlaced on Calendar Order of 2nd Reading March 15, 2005 4/13/2005SenateSecond Reading 4/13/2005SenatePlaced on Calendar Order of 3rd Reading April 14, 2005 4/15/2005SenateThird Reading - Passed; 059-000-000 4/15/2005HouseArrived in House 4/15/2005HousePlaced on Calendar Order of First Reading 4/15/2005HouseChief House Sponsor Rep. John D'Amico 4/26/2005HouseFirst Reading 4/26/2005HouseReferred to Rules Committee 4/27/2005HouseAssigned to State Government Administration Committee 5/4/2005HouseDo Pass / Short Debate State Government Administration Committee; 009-000-000 5/5/2005HousePlaced on Calendar 2nd Reading - Short Debate 5/10/2005HouseFiscal Note Filed 5/11/2005HouseSecond Reading - Short Debate 5/11/2005HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/20/2005HouseFinal Action Deadline Extended-9(b) May 31, 2005 5/24/2005HouseThird Reading - Short Debate - Passed 116-000-000 5/24/2005SenatePassed Both Houses 6/22/2005SenateSent to the Governor 7/14/2005SenateGovernor Approved 7/14/2005SenateEffective Date July 14, 2005 7/14/2005SenatePublic Act . . . . . . . . . 94-0232