<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5334         </title>
<shortdesc>PENS CD-CHI TEACHERS-REVENUE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Monique D. Davis and Esther Golar</sponsors>
</sponsor>
<lastaction>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/17-127</reference><aliasreference>from Ch. 108 1/2, par. 17-127</aliasreference><SynopsisText>     Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that beginning in State fiscal year 2015, the State shall make annual contributions to the Public School Teachers' Pension and Retirement Fund. Provides that for State fiscal year 2015, the contribution shall be $343,860,000 and that for each year thereafter, the Board of Trustees of the Fund shall certify to the Governor by January 15th the amount of the required State contribution to the Fund for the coming fiscal year. Requires the certified contribution to be equal to 10% of the contribution certified by the board of trustees of the downstate teachers retirement system for the coming fiscal year. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/7/2014</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Monique D. Davis</action>
<statusdate>2/10/2014</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/10/2014</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/3/2014</statusdate><chamber>House</chamber><action>Assigned to Appropriations-Elementary &amp; Secondary Education Committee</action>
<statusdate>3/24/2014</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Esther Golar</action>
<statusdate>3/28/2014</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

