Bill > HB1595

This bill amends the Open Meetings Act to increase transparency around employee compensation for employers participating in the Illinois Municipal Retirement Fund (IMRF). Currently, employers must post on their website the total compensation package for employees whose compensation exceeds certain thresholds. The bill raises these thresholds from $75,000 to $125,000 for annual budget postings, and from $150,000 to $200,000 for individual employee compensation packages. Employers must post this information within 6 business days of approving a budget or at least 6 days before approving an individual employee's compensation package. If an employer doesn't have a website, they must post a physical copy of the compensation information at their principal office. The bill defines "total compensation package" comprehensively, including salary, health insurance, housing and vehicle allowances, clothing allowances, bonuses, loans, and granted vacation and sick days. This increased transparency aims to provide the public with more detailed information about government employee compensation. The bill will become effective on January 1, 2026.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1595&GAID=18&DocTypeID=HB&SessionID=114&GA=104