State Codes and Statutes
Statutes > Illinois > Chapter25 > 441 (25 ILCS 55/1) (from Ch. 63, par. 42.41) Sec. 1. This Act shall be known and may be cited as the Pension Impact Note Act. (Source: P.A. 79‑1397.) |
(25 ILCS 55/4) (from Ch. 63, par. 42.44) Sec. 4. The Commission may include in any pension impact note any comment or opinion which it deems appropriate with regard to the merits of the measure for which the note is prepared, including an analysis of the financial impact of the bill in relation to the Commission's recommended standards. (Source: P.A. 79‑1397.) |
(25 ILCS 55/5) (from Ch. 63, par. 42.45) Sec. 5. The fact that a pension impact note is prepared for any bill shall not preclude or restrict the appearance before any committee of the General Assembly of any official or authorized employee of any State board, commission, department, agency, or other entity who desires to be heard in support of or in opposition to the measure. (Source: P.A. 79‑1397.) |
(25 ILCS 55/6) (from Ch. 63, par. 42.46) Sec. 6. Whenever any committee of either house reports any bill with an amendment of such nature as will substantially affect the impact of the bill on public pension systems and whenever any bill is amended on the floor of either house in such manner as to substantially affect the impact of the bill on public pension systems, the Commission may, on its own initiative, or shall, within 7 days after a request by any member of the house by which the bill is then being considered, prepare a new or revised pension impact note in relation to the amended bill. If such a request is made, the bill shall be held on second reading until the note is received or the 7 day period has elapsed. Copies of each new or revised pension impact note shall be furnished to the persons named in Section 2. (Source: P.A. 83‑1257.) |
(25 ILCS 55/7) (from Ch. 63, par. 42.47) Sec. 7. The subject matter of bills submitted to the Commission for preparation of pension impact notes shall be kept in strict confidence and no information relating thereto or relating to the pension impact of any such measure shall be divulged by any official or employee of the Commission prior to its introduction in the General Assembly. (Source: P.A. 79‑1397.) |