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PEN CD-ART 17-TAX LEVY

Amends the Chicago Teacher Article of the Illinois Pension Code. Authorizes the Board of Education of the City of Chicago to levy a Public School Teachers' Pension and Retirement Fund and Pension Contribution Tax. Provides that proceeds of the tax may be used by the Board of Trustees of the Public School Teachers' Pension and Retirement Fund of Chicago for the purpose of making employer pension contributions. Effective immediately.

Latest Actions
  • 01/11/2008 - First Reading
  • 01/11/2008 - Referred to Rules Committee
  • 01/10/2008 - Filed with the Clerk by Rep. LaShawn K. Ford
  • 01/10/2008 - Added Chief Co-Sponsor Rep. Mike Boland
Bill Text
File name Last Updated
HB4376 Bill Text Introduced PDF01/11/2008