Amends the Illinois Pension Code. Provides that a retirement system or pension fund established under the Downstate Police, Downstate Firefighters, or Illinois Municipal Retirement Fund Article may not acquire a security issued by an employer of employees covered by any retirement system or pension fund under any of those Articles, including itself, if immediately after such acquisition, the aggregate fair market value of all such employer securities held by the retirement system or pension fund exceeds 10% of the fair market value of the assets of the retirement system or pension fund. Effective immediately.
Sponsored bills
Amends the Motor Fuel Tax Law. Exempts from taxation, motor fuel used or sold for recreational type watercraft operating upon the Mississippi, Wabash, or Ohio River. Effective immediately.
Amends the School Code. Makes a technical change in a Section concerning school elections.
Appropriates $2 from the General Revenue Fund to the State Board of Education for the wind turbine energy program. Effective July 1, 2007.
Appropriates $15,000,000 from the General Revenue Fund to the Department of Human Services for CILA funding, setting aside $5,000,000 of that amount specifically to fund care for children who are wards of the State and are returned to the custody of the Department of Children and Family Services because the foster parent or parents with whom the children were placed were unable to provide the care needed by those children. Effective July 1, 2008.
Amends the Public Utilities Act. Makes a technical change in a Section concerning the short title of the Telecommunications Article.
Amends the School Code. Makes a technical change in a Section concerning State goals and assessment.
Congratulates the Triopia-Meredosia Trojans on winning the Class 1A State Football Championship.
Amends the Illinois Public Aid Code. In connection with the medical assistance program, provides that on and after July 1, 2008, the minimum inpatient per diem rate to be paid to a hospital for psychiatric services shall be no less than the highest per diem base rate established by the Department of Healthcare and Family Services for any hospital that newly qualifies to deliver psychiatric inpatient services on or after December 31, 2006. Effective immediately.
Amends the Shaken Baby Prevention Act. Makes a technical change in a Section concerning the short title.