104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB0741 Introduced , by Rep. Emanuel "Chris" Welch SYNOPSIS AS INTRODUCED: 40 ILCS 15/1 Amends the State Pension Funds Continuing Appropriation Act. Makes a technical change in a Section concerning appropriations from the State Pensions Fund. LRB104 04636 RPS 14663 b A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB0741 Introduced , by Rep. Emanuel "Chris" Welch SYNOPSIS AS INTRODUCED: 40 ILCS 15/1 40 ILCS 15/1 Amends the State Pension Funds Continuing Appropriation Act. Makes a technical change in a Section concerning appropriations from the State Pensions Fund. LRB104 04636 RPS 14663 b LRB104 04636 RPS 14663 b A BILL FOR
104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB0741 Introduced , by Rep. Emanuel "Chris" Welch SYNOPSIS AS INTRODUCED:
40 ILCS 15/1 40 ILCS 15/1
40 ILCS 15/1
Amends the State Pension Funds Continuing Appropriation Act. Makes a technical change in a Section concerning appropriations from the State Pensions Fund.
LRB104 04636 RPS 14663 b LRB104 04636 RPS 14663 b
LRB104 04636 RPS 14663 b
A BILL FOR
HB0741LRB104 04636 RPS 14663 b HB0741 LRB104 04636 RPS 14663 b
HB0741 LRB104 04636 RPS 14663 b
1 AN ACT concerning public employee benefits.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The State Pension Funds Continuing
5 Appropriation Act is amended by changing Section 1 as follows:
6 (40 ILCS 15/1)
7 Sec. 1. Appropriations from State Pensions Fund.
8 (a) For the the purpose of making up any deficiency in the
9 appropriations to the designated retirement systems that are
10 required to be made under Section 8.12 of the State Finance
11 Act, there is hereby appropriated, on a continuing annual
12 basis in each fiscal year, from the State Pensions Fund to each
13 designated retirement system, the amount, if any, by which the
14 total appropriation to that system from the State Pensions
15 Fund for that fiscal year is less than the amount required to
16 be appropriated to that retirement system under Section 8.12
17 of the State Finance Act.
18 The annual appropriation under this Section to each
19 designated retirement system shall take effect on July 1 for
20 the State fiscal year beginning on that date.
21 The amount of any continuing appropriation used by a
22 retirement system under this Section for a given fiscal year
23 shall be charged against the unexpended amount of any
104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB0741 Introduced , by Rep. Emanuel "Chris" Welch SYNOPSIS AS INTRODUCED:
40 ILCS 15/1 40 ILCS 15/1
40 ILCS 15/1
Amends the State Pension Funds Continuing Appropriation Act. Makes a technical change in a Section concerning appropriations from the State Pensions Fund.
LRB104 04636 RPS 14663 b LRB104 04636 RPS 14663 b
LRB104 04636 RPS 14663 b
A BILL FOR
40 ILCS 15/1
LRB104 04636 RPS 14663 b
HB0741 LRB104 04636 RPS 14663 b
HB0741- 2 -LRB104 04636 RPS 14663 b HB0741 - 2 - LRB104 04636 RPS 14663 b
HB0741 - 2 - LRB104 04636 RPS 14663 b
HB0741 - 2 - LRB104 04636 RPS 14663 b