SB 306 Illinois Senate · 94th Regular Session

PEN CD-IMRF-TRANSFER FUNDS

Summary
Amends the IMRF Article of the Illinois Pension Code. Provides that a municipality may transfer funds among its reserves, from one that is over 100% funded to one that is less, under certain circumstances. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2005
Committee Review
Floor Vote
Governor
Introduced Feb 15, 2005 Last action Jan 9, 2007
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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
1
Jan 9, 2007
Senate · Failed
Session Sine Die
Feb 15, 2005
Senate · Referred to committee
Referred to Rules
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Iris Y. Martinez
Iris Y. Martinez
DDemocratic
IL
20