Loading chat...

IL SB2498

Bill

Official Source

Status

Introduced

2/26/2021

Primary Sponsor

Robert Martwick

Click for details

Origin

Senate

102nd General Assembly

AI Summary

  • Amends Section 17-147 of the Illinois Pension Code regarding the Chicago Teachers' Pension Fund.

  • Changes payment authorization from warrants signed by Board of Education president and secretary to checks or direct deposit transmittals authorized by the executive director.

  • Allows the Board to designate alternative persons to authorize payments through appropriate resolution.

  • Makes grammatical and stylistic updates including changing "ex-officio" to "ex officio" and replacing gendered pronouns with specific references to "city treasurer."

Legislative Description

PEN CD-CTPF-FUND PAYMENTS

Last Action

Rule 3-9(a) / Re-referred to Assignments

4/16/2021

Committee Referrals

Assignments4/16/2021
Pensions3/23/2021
Assignments2/26/2021

Full Bill Text

No bill text available