PEN CD-ART 3-END PARTICIPATION Senate SponsorsSen. Edward D. Maloney House Sponsors(Rep. James D. Brosnahan-Kevin A. McCarthy) 8/10/2009SenatePublic Act . . . . . . . . . 96-0216 40 ILCS 5/3-145from Ch. 108 1/2, par. 3-145Amends the Downstate Police Article of the Illinois Pension Code. Provides that a municipality having a population of less than 5,000 may terminate its participation under the Downstate Police Article and close its fund under specified circumstances. Effective immediately.Senate Committee Amendment No. 1 Provides a 60-day window for the municipality to make the election to terminate participation. Provides that one of the conditions to be met is that an independent auditor certifies that the fund has no liabilities and there are no members or participants of the fund (rather than no members) and no beneficiaries entitled to benefits under the fund. 2/11/2009SenateFiled with Secretary by Sen. Edward D. Maloney 2/11/2009SenateFirst Reading 2/11/2009SenateReferred to Assignments 2/18/2009SenateAssigned to Pensions and Investments 2/27/2009SenateHeld in Pensions and Investments 3/3/2009SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Edward D. Maloney 3/3/2009SenateSenate Committee Amendment No. 1 Referred to Assignments 3/4/2009SenateSenate Committee Amendment No. 1 Assignments Refers to Pensions and Investments 3/5/2009SenateSenate Committee Amendment No. 1 Adopted 3/6/2009SenateDo Pass as Amended Pensions and Investments; 010-000-000 3/6/2009SenatePlaced on Calendar Order of 2nd Reading March 10, 2009 3/24/2009SenateSecond Reading 3/24/2009SenatePlaced on Calendar Order of 3rd Reading March 25, 2009 3/26/2009SenateThird Reading - Passed; 057-000-000 3/26/2009HouseArrived in House 3/26/2009HousePlaced on Calendar Order of First Reading 3/26/2009HouseChief House Sponsor Rep. James D. Brosnahan 3/26/2009HouseFirst Reading 3/26/2009HouseReferred to Rules Committee 4/14/2009HouseAssigned to Personnel and Pensions Committee 5/6/2009HouseAdded Alternate Chief Co-Sponsor Rep. Kevin A. McCarthy 5/7/2009HouseDo Pass / Short Debate Personnel and Pensions Committee; 009-000-000 5/7/2009HousePlaced on Calendar 2nd Reading - Short Debate 5/12/2009HouseSecond Reading - Short Debate 5/12/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/13/2009HouseThird Reading - Short Debate - Passed 115-000-000 5/13/2009SenatePassed Both Houses 6/11/2009SenateSent to the Governor 8/10/2009SenateGovernor Approved 8/10/2009SenateEffective Date August 10, 2009 8/10/2009SenatePublic Act . . . . . . . . . 96-0216