<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5334   </title>
<shortdesc>PEN CD-CHI TCHR-FUNDING LEVEL</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Thaddeus Jones</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/17-129</reference><aliasreference>from Ch. 108 1/2, par. 17-129</aliasreference><SynopsisText>     Amends the Chicago Teacher Article of the Illinois Pension Code. In a provision that reduces the required annual Board of Education contribution to the Fund by the amount of any State contribution, makes the reduction apply only if the Board has certified in the previous fiscal year that the total assets of the Fund are at least 90% of the total actuarial liabilities of the Fund. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/8/2012</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Marlow H. Colvin</action>
<statusdate>2/8/2012</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/8/2012</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/2/2012</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Thaddeus Jones</action>
<statusdate>3/29/2012</statusdate><chamber>House</chamber><action>Chief Sponsor Changed to Rep. Thaddeus Jones</action>
<statusdate>3/29/2012</statusdate><chamber>House</chamber><action>Removed Co-Sponsor Rep. Thaddeus Jones</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

