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Tag: Elaine Nekritz
State Pension & Budget Update
Illinois House Speaker Michael Madigan filed an amendment to a comprehensive pension-reform package passed by the Senate last month that caps the salary on which a pension can be based and limits annual cost-of-living increases. The House Personnel & Pensions Committee is scheduled to consider the legislation at an 8:30 a.m. Wednesday, May 1, meeting. The...
Symbol of the State of Illinois
In Springfield … The Illinois General Assembly has been busy with committee activities over the last two weeks. This week is the last week to get bills through committees in their house of origin. Higher Education-Related Legislation In the Senate Higher Education Committee, SB 2163 passed unanimously out of committee Tuesday, March 12. Sponsored by Sen....
Illinois State Capitol building in Springfield. Photo courtesy Illinois Board of Tourism.
In Springfield … The Illinois General Assembly reconvenes from Tuesday, Nov. 27, to Thursday, Nov. 29 and from Tuesday, Dec. 4, to Thursday, Dec. 6, for its Fall Veto Session. We also anticipate that the General Assembly will reconvene in early January 2013 for a “Lame Duck” session before the 98th Illinois General Assembly is inaugurated...
Illinois State Capitol building in Springfield. Photo courtesy Illinois Board of Tourism.
State lawmakers will meet in a special one-day session Friday to discuss potentially dramatic changes to the pension systems that serve state employees. Statehouse watchers say that Speaker of the House Mike Madigan has agreed to call HB1447 for a vote. Approved May 31 by the Illinois Senate on the final day of the spring...
Photo of piggy bank
In Springfield … The Illinois General Assembly returns this week from a two-week spring break. Lawmakers are now scheduled in weekly until they are expected to convene by May 31. If they go past this deadline, a super-majority is required to pass any bill. Members of the Governor’s Work Group on Pension Reform is scheduled to...
Photo of a hammer and a nail
Happy New Year, and welcome back to campus. This should prove to be a very interesting year at both the state and federal levels. In Washington, D.C. … Congress has been on holiday recess since mid-December, returning to session this week. Congress did approve the remaining FY2012 appropriations bills Dec. 15, 2011, which comply with the...