PENSION STABILIZATION FUND
Summary
Amends the Budget Stabilization Act. Increases the amount transferred from the General Revenue Fund to the Pension Stabilization Fund to 90% (currently 10%) of the specified sums. Provides that the transferred amount is intended to represent nine-tenths (currently one-tenth) of the annual savings to the State resulting from the enactment of Public Act 98-599. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2014
Committee Review
Floor Vote
Governor
Introduced Jan 21, 2014
Last action Jan 13, 2015
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
0
Committee
5
Jan 13, 2015
Senate · Failed
Session Sine Die
Mar 28, 2014
Senate · Referred to committee
Rule 3-9(a) / Re-referred to Assignments
Mar 21, 2014
Senate · Reported by committee
Postponed - Executive; Subcommittee on Special Issues
Feb 5, 2014
Senate · Reported by committee
To Subcommittee on Special Issues (EX)
Jan 29, 2014
Senate · Referred to committee
Assigned to Executive
Jan 21, 2014
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Dale A. Righter
RRepublican
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