GA COMPENSATION AND TERM LIMIT

Amends the General Assembly Operations Act. Provides that any member of the General Assembly who sponsors or co-sponsors an amendment to the Illinois Constitution that provides for the implementation of General Assembly member term limits shall immediately be bound by the terms of that amendment upon sponsorship of such amendment, which shall include prior time served in office by that member, regardless of whether the provisions of that amendment exclude time served in office. Provides that if a member has reached his or her mandated term limit due to prior time served in office, but has time remaining on his or her current term of office, he or she shall be allowed to serve the remainder of his or her current term of office. Amends the General Assembly Compensation Act. Provides that a member of the General Assembly may, prior to being sworn into office, elect to reject any travel reimbursement provided under the Act. Provides that once a member elects to reject travel reimbursement, he or she shall not be eligible to receive travel reimbursement for current and future terms of office. Provides that any moneys received by a member for purposes of travel reimbursement may be repaid to the State. Amends the Compensation Review Act. Provides that members of the General Assembly and executive branch constitutional officers may, prior to being sworn into office, elect not to receive any increase in compensation that would otherwise apply based on a cost of living adjustment. Provides that once a member of the General Assembly or an executive branch constitutional officer elects not to receive a cost of living adjustment, he or she shall not be eligible to receive a cost of living adjustment for current and future terms of office. Provides that any increase in compensation received as a cost of living adjustment by a member of the General Assembly or an executive branch constitutional officer may be repaid to the State.