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Bill > HB1989


IL HB1989

$GEN ASSEMBLY RET-TECH


summary

Introduced
01/29/2025
In Committee
03/12/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Appropriates $2 from the General Revenue Fund to the General Assembly Retirement System for its FY26 ordinary and contingent expenses. Effective July 1, 2025.

AI Summary

This bill appropriates $2 from the General Revenue Fund (GRF) to the General Assembly Retirement System (GARS) to cover its ordinary and contingent expenses for fiscal year 2026. The appropriation is a relatively small amount and will become effective on July 1, 2025. The bill follows standard legislative appropriations procedures by specifying a specific dollar amount from the state's general fund to support the retirement system for state legislators, which helps ensure the ongoing financial stability of the retirement benefits for members of the General Assembly.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Held on Calendar Order of Second Reading - Short Debate ** (on 03/27/2025)

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