Amends the General Obligation Bond Act. Authorizes an additional $1,000,000,000 of State Pension Obligation Acceleration Bonds. Makes a conforming change. Amends the State Employees, State Universities, and Downstate Teachers Articles of the Illinois Pension Code. Extends the option for a participant to receive an accelerated pension benefit payment in lieu of any pension benefit or for a reduction in the increases to his or her annual retirement annuity and survivor's annuity to June 30, 2026 (instead of June 30, 2024). Effective immediately.
Rep. Brad Stephens
Sponsored bills
Declares June 12, 2022 as "Women's Veterans Day" to commemorate the day women were officially added as regular members of the United States military, to recognize the critical role of women in the military forces, and to commemorate the sacrifices and valor displayed by Illinois women veterans.
Congratulates Resurrection College Prep High School on its centennial anniversary. Congratulates the alumnae, administration, staff, and students of Resurrection College Prep High School on this momentous occasion.
Congratulates the Village of Harwood Heights and the Board of Trustees on the village's 75 years of incorporation.
Condemns Russia for its attack on the sovereign nation of Ukraine. Urges the review and divestment of all funds invested by any State or local unit of government, including but not limited to investments made by the State Board of Investments and any state or local retirement funds that are directly or indirectly related to Russia, to show solidarity with the people of Ukraine.
Mourns the passing of Richard Duchossois. Commends his service to the nation, State, and the sport of horse racing.
Mourns the passing of Wayne County Sheriff's Deputy Sean Riley.
Designates the entire portion of U.S. Highway 20 in Illinois beginning at the Illinois/Iowa border and ending at the Illinois/Indiana border as the "Illinois Medal of Honor Highway".
Congratulates Peter Bulat, Chris Bulat, and John Bulat and recognizes 45 years of their successful operation of Automatic Precision, Inc. and their years of dedication to their craft and community
Mourns the death of Richard L. Duchossois.