---
type: "Bill"
title: "PEN CD-IMRF-CREDIT/INTEREST"
description: "Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Authorizes the board of trustees of the Illinois Municipal Retirement Fund to adopt rules specifying a separate interest rate that will apply to voluntary additional contributions made by employees. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "97th"
identifier: "HB 3332"
citation: "Illinois HB 3332 (97th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 31
vote_count: 2
first_action: "2011-02-24"
last_action: "2011-08-08"
source: "openstates"
source_identifier: "ocd-bill/63574e42-f065-47be-a616-6d682fb93253"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3332&GAID=11&DocTypeID=HB&LegId=60718&SessionID=84&GA=97"
source_hash: "991306c8d3efb71f882b6a4a0c1ad7177b707a6b09ec8898f3a5293378bd15c9"
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 3332 (97th) — PEN CD-IMRF-CREDIT/INTEREST

Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Authorizes the board of trustees of the Illinois Municipal Retirement Fund to adopt rules specifying a separate interest rate that will apply to voluntary additional contributions made by employees. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

## Version chain

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

1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09700HB3332&GA=97&SessionId=84&DocTypeId=HB&LegID=60718&DocNum=3332&GAID=11&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09700HB3332eng&GA=97&SessionId=84&DocTypeId=HB&LegID=60718&DocNum=3332&GAID=11&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09700HB3332enr&GA=97&SessionId=84&DocTypeId=HB&LegID=60718&DocNum=3332&GAID=11&Session=&print=true)

## Votes

- Third Reading — **54–0** (pass) · upper
- Third Reading — **110–0** (pass) · lower

## Sponsors

- Raymond Poe — primary (person)

## Timeline

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

- **2011-02-24** Filed with the Clerk by Rep. Raymond Poe `filing`
- **2011-02-24** First Reading `reading-1`
- **2011-02-24** Referred to Rules Committee `referral-committee`
- **2011-02-28** Assigned to Executive Committee `referral-committee`
- **2011-03-07** Re-assigned to Personnel and Pensions Committee `referral-committee`
- **2011-03-10** House Committee Amendment No. 1 Filed with Clerk by Rep. Raymond Poe `amendment-introduction`
- **2011-03-10** House Committee Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2011-03-15** House Committee Amendment No. 1 Rules Refers to Personnel and Pensions Committee
- **2011-03-17** House Committee Amendment No. 1 Adopted in Personnel and Pensions Committee; by Voice Vote `amendment-passage`
- **2011-03-17** Do Pass as Amended / Short Debate Personnel and Pensions Committee; 009-000-000 `committee-passage`
- **2011-03-17** Placed on Calendar 2nd Reading - Short Debate
- **2011-03-30** Second Reading - Short Debate `reading-2`
- **2011-03-30** Placed on Calendar Order of 3rd Reading - Short Debate
- **2011-03-31** Third Reading - Short Debate - Passed 110-000-000 `reading-3, passage`
- **2011-04-06** Arrive in Senate `introduction`
- **2011-04-06** Placed on Calendar Order of First Reading April 7, 2011 `reading-1`
- **2011-04-11** Chief Senate Sponsor Sen. Terry Link
- **2011-04-12** First Reading `reading-1`
- **2011-04-12** Referred to Assignments `referral-committee`
- **2011-04-13** Added as Alternate Chief Co-Sponsor Sen. Larry K. Bomke
- **2011-04-27** Assigned to Pensions and Investments `referral-committee`
- **2011-05-04** Do Pass Pensions and Investments; 006-000-000 `committee-passage`
- **2011-05-04** Placed on Calendar Order of 2nd Reading May 5, 2011
- **2011-05-05** Second Reading `reading-2`
- **2011-05-05** Placed on Calendar Order of 3rd Reading May 6, 2011
- **2011-05-12** Third Reading - Passed; 054-000-000 `reading-3, passage`
- **2011-05-12** Passed Both Houses
- **2011-06-10** Sent to the Governor `executive-receipt`
- **2011-08-08** Governor Approved `executive-signature`
- **2011-08-08** Effective Date August 8, 2011
- **2011-08-08** Public Act . . . . . . . . . 97-0273 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/63574e42-f065-47be-a616-6d682fb93253`. Confidence: reported (aggregated from official Illinois legislature records).