PENCD-CHGO TEACHER-TAX LEVY House SponsorsRep. Kenneth Dunkin 12/3/2014HouseSession Sine Die 40 ILCS 5/17-128.1 new Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that the Chicago Board of Education shall levy a property tax annually at a rate that will produce an amount equal to the amount of member contributions to the Chicago Teachers' Pension Fund during the fiscal year 2 years prior to the year for which the tax is levied, subject to a maximum rate of .26%. Provides that the Board of Education shall use the proceeds of the tax for the purpose of making employer contributions to the Fund. Effective immediately. 2/14/2014HouseFiled with the Clerk by Rep. Kenneth Dunkin 2/14/2014HouseFirst Reading 2/14/2014HouseReferred to Rules Committee 12/3/2014HouseSession Sine Die