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IL HB4924
Bill
Status
Passed
5/13/2022
Primary Sponsor
Jay Hoffman
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AI Summary
- Amends Section 4-130 of the Illinois Pension Code regarding the treasurer of municipal pension boards
- Removes the requirement that the treasurer execute a bond to the municipality within 10 days of election or appointment
- Eliminates provisions specifying bond conditions, penal sums, and approval procedures by the board
- Removes provisions for filing the bond in the municipal clerk's office or fire protection district secretary's office
- Eliminates provisions allowing suits on the bond for breach or injury resulting from the treasurer's actions
- Takes effect upon becoming law
Legislative Description
PENCD-DNST FIRE-TREASURER BOND
Last Action
Public Act . . . . . . . . . 102-0787
5/13/2022
Committee Referrals
Pensions3/16/2022
Assignments3/16/2022
Personnel & Pensions2/9/2022
Rules1/27/2022
Full Bill Text
No bill text available