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<title>Illinois General Assembly - Bill Status for HB 543    </title>
<shortdesc>AGRICULTURAL FAIR ACT-FUNDING</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Barbara Flynn Currie</sponsors>
<sponsorhead2>Senate Sponsors</sponsorhead2><altsponsors>(Sen. John J. Cullerton-Donne E. Trotter)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 105/8g</reference><aliasreference></aliasreference><reference>30 ILCS 120/10</reference><aliasreference>from Ch. 85, par. 660</aliasreference><SynopsisText>     Amends the State Finance Act. In fiscal year 2016 and in each fiscal year thereafter, requires the transfer from the General Revenue Fund to the Agricultural Premium Fund and the Fair and Exposition Fund of amounts equal to 100% of the total statutory payments required from those special funds for that fiscal year to county fairs and fair and exposition authorities under the Agricultural Fair Act. In each of the fiscal years 2011 through 2015, requires transfer of an amount equal to a lower, specified percentage of those total statutory payments. Provides that the required transfer amounts are the maximum amounts to be transferred in each fiscal year, notwithstanding any other law to the contrary. Amends the Agricultural Fair Act. With respect to the distribution formula for premiums to county fairs, uses either of the 2 previous fiscal years (now, either fiscal year 1984 or 1985).</SynopsisText><synopsistitle>House Committee Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>30 ILCS 105/8g</reference><aliasreference></aliasreference><reference>30 ILCS 120/10</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>30 ILCS 120/1</reference><aliasreference>from Ch. 85, par. 651</aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Agricultural Fair Act. Makes a technical change in a Section concerning the short title.</SynopsisText><synopsistitle>Senate Floor Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>30 ILCS 120/1</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>30 ILCS 105/14.1</reference><aliasreference>from Ch. 127, par. 150.1</aliasreference><reference>40 ILCS 15/1.8 new</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the State Finance Act. Provides that, for fiscal year 2011 only, at the time of each payment of salary to an employee under the personal services line item from a fund other than the General Revenue Fund, payment shall be made for deposit into the State Employees' Retirement System of Illinois from the amount appropriated for State contributions to the State Employees' Retirement System of Illinois of an amount calculated at the rate certified for fiscal year 2011 by the Board of Trustees of the State Employees' Retirement System of Illinois. Amends the State Pension Funds Continuing Appropriation Act. Provides that no appropriation otherwise required from the General Revenue Fund or the Common School Fund under this Act is required to be made until the Governor certifies to the Comptroller that adequate funds are available. Effective immediately.</SynopsisText><synopsistitle>Fiscal Note, House Committee Amendment No. 1 (Teachers' Retirement System)</synopsistitle>
<SynopsisText>HB 543 (H-AM 1) has no fiscal impact on the Teachers' Retirement System of the State of Illinois. </SynopsisText><synopsistitle>Pension Note, Senate Floor Amendment No. 1 (Government Forecasting &amp; Accountability)</synopsistitle>
<SynopsisText>HB 0543, as amended by Senate Amendment 1, has a cumulative opportunity cost of $58.0 billion for the period ending FY 2045. This calculation reflects the loss of investment revenue over the entire period, assuming no State pension contribution is made in FY 2011. Details of this calculation appear in the table on the next page.
</SynopsisText><synopsistitle>State Mandates Fiscal Note, House Committee Amendment No. 1 (Dept. of Commerce &amp; Economic Opportunity)</synopsistitle>
<SynopsisText>HB 543 (H-AM 1) does not create a State mandate.</SynopsisText><synopsistitle>Fiscal Note, Senate Floor Amendment No. 1 (State Universities Retirement Systems)</synopsistitle>
<SynopsisText>Assuming no fiscal year 2011 contributions, HB 543 (S-AM 1) will impact the State Universities Retirement System's portfolio and result in the sale of $848.1 million in assets.</SynopsisText></synopsis>
<actions>
<statusdate>2/4/2009</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Dan Reitz</action>
<statusdate>2/4/2009</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/4/2009</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/5/2009</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Robert W. Pritchard</action>
<statusdate>2/9/2009</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>2/25/2009</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Executive Committee</action>
<statusdate>2/25/2009</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Adopted in Executive Committee;  by Voice Vote</action>
<statusdate>2/25/2009</statusdate><chamber>House</chamber><action>Do Pass as Amended / Short Debate Executive Committee;  007-004-000</action>
<statusdate>2/25/2009</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>3/3/2009</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>3/3/2009</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>3/5/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Roger L. Eddy</action>
<statusdate>3/11/2009</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 060-057-000</action>
<statusdate>3/11/2009</statusdate><chamber>House</chamber><action>Removed Co-Sponsor Rep. Roger L. Eddy</action>
<statusdate>3/12/2009</statusdate><chamber>Senate</chamber><action>Arrive in Senate</action>
<statusdate>3/12/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of First Reading March 17, 2009</action>
<statusdate>3/13/2009</statusdate><chamber>Senate</chamber><action>Chief Senate Sponsor Sen. John M. Sullivan</action>
<statusdate>3/17/2009</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>3/17/2009</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>4/22/2009</statusdate><chamber>Senate</chamber><action>Assigned to Agriculture and Conservation</action>
<statusdate>4/29/2009</statusdate><chamber>Senate</chamber><action>Postponed - Agriculture and Conservation</action>
<statusdate>5/6/2009</statusdate><chamber>Senate</chamber><action>Held in Agriculture and Conservation</action>
<statusdate>5/8/2009</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>4/22/2010</statusdate><chamber>Senate</chamber><action>Re-assigned to Executive</action>
<statusdate>4/22/2010</statusdate><chamber>Senate</chamber><action>Alternate Chief Sponsor Changed to Sen. John J. Cullerton</action>
<statusdate>4/23/2010</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As May 7, 2010</action>
<statusdate>4/28/2010</statusdate><chamber>Senate</chamber><action>Do Pass Executive;  008-001-004</action>
<statusdate>4/28/2010</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading April 29, 2010</action>
<statusdate>4/30/2010</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/30/2010</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading May 3, 2010</action>
<statusdate>5/7/2010</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton</action>
<statusdate>5/7/2010</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Assignments</action>
<statusdate>5/7/2010</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Assignments Refers to Executive</action>
<statusdate>5/7/2010</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Recommend Do Adopt Executive;  008-004-000</action>
<statusdate>5/7/2010</statusdate><chamber>Senate</chamber><action>Added as Alternate Chief Co-Sponsor Sen. Donne E. Trotter</action>
<statusdate>5/7/2010</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>5/7/2010</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Adopted; Cullerton</action>
<statusdate>5/7/2010</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading</action>
<statusdate>5/7/2010</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 031-026-000</action>
<statusdate>5/7/2010</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Fiscal Note Requested as Amended by Rep. William B. Black</action>
<statusdate>5/7/2010</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Pension Note Requested as Amended by Rep. William B. Black</action>
<statusdate>5/7/2010</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>5/7/2010</statusdate><chamber>House</chamber><action>Placed on Calendar Order of Concurrence Senate Amendment(s) 1</action>
<statusdate>5/7/2010</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Fiscal Note Requested as Amended by Rep. Michael W. Tryon</action>
<statusdate>5/7/2010</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 State Mandates Fiscal Note Requested as Amended by Rep. Michael W. Tryon</action>
<statusdate>5/13/2010</statusdate><chamber>House</chamber><action>Remove Chief Co-Sponsor Rep. Robert W. Pritchard</action>
<statusdate>5/17/2010</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Fiscal Note Filed as Amended</action>
<statusdate>5/21/2010</statusdate><chamber>House</chamber><action>Chief Sponsor Changed to Rep. Barbara Flynn Currie</action>
<statusdate>5/21/2010</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Motion Filed Concur Rep. Barbara Flynn Currie</action>
<statusdate>5/24/2010</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee</action>
<statusdate>5/24/2010</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Pension Note Filed as Amended</action>
<statusdate>5/24/2010</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Motion to Concur Rules Referred to Executive Committee</action>
<statusdate>5/24/2010</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Motion to Concur Recommends Be Adopted Executive Committee;  007-004-000</action>
<statusdate>5/26/2010</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 State Mandates Fiscal Note Filed as Amended</action>
<statusdate>5/27/2010</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Fiscal Note Filed as Amended</action>
<statusdate>6/27/2010</statusdate><chamber>House</chamber><action>Rule 19(b) / Re-referred to Rules Committee</action>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

