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IL HB1248
Bill
Status
Failed
1/7/2025
Primary Sponsor
Steven Reick
Click for details
AI Summary
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Amends the Illinois Pension Code Section 22C-116 regarding election of trustees to the Firefighters' Pension Investment Fund.
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Requires that if candidates from municipalities or fire protection districts receiving the most votes would result in no trustee from a fire protection district, the highest-voted candidate who is from a fire protection district must be elected instead.
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Applies to elections where trustees are elected by mayors and presidents of municipalities or fire protection districts that have participating pension funds.
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Takes effect immediately upon becoming law.
Legislative Description
PEN CD-FIRE INVESTMENT BOARD
Last Action
Session Sine Die
1/7/2025
Committee Referrals
Rules3/27/2023
Personnel & Pensions2/28/2023
Rules1/31/2023
Full Bill Text
No bill text available