---
type: "Bill"
title: "PEN CD-ACCELERATED BENEFIT"
description: "Amends the General Obligation Bond Act. Authorizes an additional $1,000,000,000 of State Pension Obligation Acceleration Bonds. Makes a conforming change. Amends the State Employees, State Universities, and Downstate Teachers Articles of the Illinois Pension Code. Extends the option for a participant to receive an accelerated pension benefit payment in lieu of any pension benefit or for a reduction in the increases to his or her annual retirement annuity and survivor's annuity to June 30, 2030 (instead of June 30, 2026). Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "104th"
identifier: "HB 5196"
citation: "Illinois HB 5196 (104th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Bob Morgan", "Robert F. Martwick"]
version_count: 5
action_count: 53
vote_count: 5
first_action: "2026-02-05"
last_action: "2026-06-16"
source: "openstates"
source_identifier: "ocd-bill/14206044-8eba-4be5-a26b-401b669e150d"
source_url: "https://ilga.gov/Legislation/BillStatus?DocNum=5196&GAID=18&DocTypeID=HB&LegId=166834&SessionID=114"
source_hash: "6e01aed8b30ceffab6c04348c7d16e30ce07ef4fb10c12ce7f671af3cd266815"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---

# Illinois HB 5196 (104th) — PEN CD-ACCELERATED BENEFIT

Amends the General Obligation Bond Act. Authorizes an additional $1,000,000,000 of State Pension Obligation Acceleration Bonds. Makes a conforming change. Amends the State Employees, State Universities, and Downstate Teachers Articles of the Illinois Pension Code. Extends the option for a participant to receive an accelerated pension benefit payment in lieu of any pension benefit or for a reduction in the increases to his or her annual retirement annuity and survivor's annuity to June 30, 2030 (instead of June 30, 2026). Effective immediately.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://ilga.gov/documents/legislation/104/HB/PDF/10400HB5196.pdf)
2. **Engrossed** (committee substitute) — [source](https://ilga.gov/documents/legislation/104/HB/PDF/10400HB5196eng.pdf)
3. **House Amendment 001** (committee substitute) — [source](https://ilga.gov/documents/legislation/104/HB/PDF/10400HB5196ham001.pdf)
4. **House Amendment 002** (committee substitute) — [source](https://ilga.gov/documents/legislation/104/HB/PDF/10400HB5196ham002.pdf)
5. **Enrolled** (enrolled) — [source](https://ilga.gov/documents/legislation/104/HB/PDF/10400HB5196enr.pdf)

## Votes

- Personnel & Pensions — **10–0** (pass) · lower
- Pensions — **10–0** (pass) · upper
- Third Reading — **109–0** (pass) · lower
- Third Reading — **56–0** (pass) · upper
- Personnel & Pensions, Amendment 2 — **11–0** (pass) · lower

## Sponsors

- Bob Morgan — primary (person)
- Robert F. Martwick — primary (person)
- Andrew S. Chesney — cosponsor (person)
- Chris Balkema — cosponsor (person)
- Janet Yang Rohr — cosponsor (person)
- Jennifer Sanalitro — cosponsor (person)
- Li Arellano, Jr. — cosponsor (person)
- Martha Deuter — cosponsor (person)
- Matt Hanson — cosponsor (person)
- Nicolle Grasse — cosponsor (person)
- Sara Feigenholtz — cosponsor (person)
- Stephanie A. Kifowit — cosponsor (person)
- Steven Reick — cosponsor (person)
- Suzy Glowiak Hilton — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2026-02-05** Filed with the Clerk by Rep. Bob Morgan `filing`
- **2026-02-10** First Reading `reading-1`
- **2026-02-10** Referred to Rules Committee
- **2026-03-04** Assigned to Personnel & Pensions Committee `referral-committee`
- **2026-03-04** House Committee Amendment No. 1 Filed with Clerk by Rep. Bob Morgan `amendment-introduction`
- **2026-03-04** House Committee Amendment No. 1 Referred to Rules Committee
- **2026-03-18** House Committee Amendment No. 1 Rules Refers to Personnel & Pensions Committee
- **2026-03-20** Added Co-Sponsor Rep. Steven Reick
- **2026-03-20** Added Co-Sponsor Rep. Stephanie A. Kifowit
- **2026-03-20** House Committee Amendment No. 1 Adopted in Personnel & Pensions Committee; by Voice Vote `amendment-passage`
- **2026-03-20** Do Pass as Amended / Short Debate Personnel & Pensions Committee; 010-000-000
- **2026-03-20** Placed on Calendar 2nd Reading - Short Debate `reading-2`
- **2026-04-02** Added Co-Sponsor Rep. Martha Deuter
- **2026-04-08** Second Reading - Short Debate `reading-2`
- **2026-04-08** Placed on Calendar Order of 3rd Reading - Short Debate
- **2026-04-10** House Floor Amendment No. 2 Filed with Clerk by Rep. Bob Morgan `amendment-introduction`
- **2026-04-10** House Floor Amendment No. 2 Referred to Rules Committee
- **2026-04-14** House Floor Amendment No. 2 Rules Refers to Personnel & Pensions Committee
- **2026-04-16** House Floor Amendment No. 2 Recommends Be Adopted Personnel & Pensions Committee; 011-000-000 `committee-passage-favorable`
- **2026-04-16** House Floor Amendment No. 2 Pension Note Filed as Amended
- **2026-04-16** Added Chief Co-Sponsor Rep. Janet Yang Rohr
- **2026-04-16** Recalled to Second Reading - Short Debate `reading-2`
- **2026-04-16** House Floor Amendment No. 2 Adopted `amendment-passage`
- **2026-04-16** Placed on Calendar Order of 3rd Reading - Short Debate
- **2026-04-16** Third Reading - Short Debate - Passed 109-000-000 `passage, reading-3`
- **2026-04-16** Added Co-Sponsor Rep. Nicolle Grasse
- **2026-04-16** Added Co-Sponsor Rep. Jennifer Sanalitro
- **2026-04-16** Added Co-Sponsor Rep. Matt Hanson
- **2026-04-21** Arrive in Senate `introduction`
- **2026-04-21** Placed on Calendar Order of First Reading `reading-1`
- **2026-04-21** Chief Senate Sponsor Sen. Andrew S. Chesney
- **2026-04-21** First Reading `reading-1`
- **2026-04-21** Referred to Assignments
- **2026-04-30** Alternate Chief Sponsor Changed to Sen. Robert F. Martwick
- **2026-04-30** Added as Alternate Chief Co-Sponsor Sen. Andrew S. Chesney
- **2026-05-19** Rule 2-10 Committee Deadline Established As May 22, 2026
- **2026-05-19** Assigned to Pensions `referral-committee`
- **2026-05-22** Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2026
- **2026-05-27** Do Pass Pensions; 010-000-000
- **2026-05-27** Placed on Calendar Order of 2nd Reading `reading-2`
- **2026-05-28** Added as Alternate Co-Sponsor Sen. Sara Feigenholtz
- **2026-05-28** Second Reading `reading-2`
- **2026-05-28** Placed on Calendar Order of 3rd Reading May 29, 2026
- **2026-05-29** Added as Alternate Co-Sponsor Sen. Li Arellano, Jr.
- **2026-05-29** Added as Alternate Co-Sponsor Sen. Suzy Glowiak Hilton
- **2026-05-29** Added as Alternate Co-Sponsor Sen. Chris Balkema
- **2026-05-29** 3/5 Vote Required
- **2026-05-29** Third Reading - Passed; 056-000-000 `passage, reading-3`
- **2026-05-29** Passed Both Houses
- **2026-06-10** Sent to the Governor `executive-receipt`
- **2026-06-16** Governor Approved `executive-signature`
- **2026-06-16** Effective Date June 16, 2026
- **2026-06-16** Public Act . . . . . . . . . 104-0467 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/14206044-8eba-4be5-a26b-401b669e150d`. Confidence: reported (aggregated from official Illinois legislature records).