Fabio
131 lines
6.7 KiB
Markdown
131 lines
6.7 KiB
Markdown
---
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type: "Bill"
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title: "PEN CD-ACCELERATED BENEFIT"
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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, 2026 (instead of June 30, 2024). Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "102nd"
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identifier: "HB 4292"
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citation: "Illinois HB 4292 (102nd)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Bob Morgan", "Robert F. Martwick"]
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version_count: 3
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action_count: 49
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vote_count: 2
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first_action: "2021-12-20"
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last_action: "2022-05-05"
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source: "openstates"
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source_identifier: "ocd-bill/9254ca6d-b550-4bef-8381-6873d4ee7f31"
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source_url: "https://ilga.gov/legislation/BillStatus.asp?DocNum=4292&GAID=16&DocTypeID=HB&LegId=137408&SessionID=110&GA=102"
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source_hash: "bc833a413eb659136ca91d8b4e0fb4e8454f03c11338ab992ca991170db9004c"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois HB 4292 (102nd) — PEN CD-ACCELERATED BENEFIT
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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, 2026 (instead of June 30, 2024). Effective immediately.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB4292.pdf)
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2. **Engrossed** (committee substitute) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB4292eng.pdf)
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3. **Enrolled** (enrolled) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB4292enr.pdf)
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## Votes
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- Third Reading — **108–2** (pass) · lower
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- Third Reading — **52–1** (pass) · upper
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## Sponsors
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- Bob Morgan — primary (person)
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- Robert F. Martwick — primary (person)
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- Amy Grant — cosponsor (person)
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- Andrew S. Chesney — cosponsor (person)
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- Bradley Stephens — cosponsor (person)
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- Chris Bos — cosponsor (person)
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- Daniel Didech — cosponsor (person)
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- Deanne M. Mazzochi — cosponsor (person)
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- Eva-Dina Delgado — cosponsor (person)
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- Jaime M. Andrade, Jr. — cosponsor (person)
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- Janet Yang Rohr — cosponsor (person)
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- Jeff Keicher — cosponsor (person)
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- Margaret Croke — cosponsor (person)
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- Mark Batinick — cosponsor (person)
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- Mark Luft — cosponsor (person)
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- Martin McLaughlin — cosponsor (person)
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- Michael J. Zalewski — cosponsor (person)
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- Michael Kelly — cosponsor (person)
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- Steven Reick — cosponsor (person)
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- Sue Scherer — cosponsor (person)
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- Suzanne Ness — cosponsor (person)
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- Thomas M. Bennett — cosponsor (person)
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- Tim Ozinga — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2021-12-20** Filed with the Clerk by Rep. Bob Morgan `filing`
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- **2021-12-22** Added Chief Co-Sponsor Rep. Michael J. Zalewski
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- **2021-12-22** Added Chief Co-Sponsor Rep. Mark Batinick
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- **2022-01-05** First Reading `reading-1`
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- **2022-01-05** Referred to Rules Committee `referral-committee`
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- **2022-01-11** Assigned to Personnel & Pensions Committee `referral-committee`
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- **2022-01-20** Do Pass / Consent Calendar Personnel & Pensions Committee; 008-000-000 `committee-passage`
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- **2022-01-21** Placed on Calendar 2nd Reading - Consent Calendar
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- **2022-01-24** Added Chief Co-Sponsor Rep. Margaret Croke
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- **2022-01-24** Added Co-Sponsor Rep. Janet Yang Rohr
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- **2022-01-26** Added Co-Sponsor Rep. Steven Reick
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- **2022-01-28** Added Co-Sponsor Rep. Daniel Didech
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- **2022-02-17** Second Reading - Consent Calendar `reading-2`
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- **2022-02-17** Held on Calendar Order of Second Reading - Consent Calendar `reading-2`
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- **2022-02-22** Removed from Consent Calendar Status Rep. Bob Morgan
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- **2022-02-22** Held on Calendar Order of Second Reading - Short Debate `reading-2`
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- **2022-02-23** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2022-02-24** Third Reading - Short Debate - Passed 108-002-000 `passage, reading-3`
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- **2022-02-24** Added Co-Sponsor Rep. Sue Scherer
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- **2022-02-24** Added Co-Sponsor Rep. Thomas M. Bennett
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- **2022-02-24** Added Co-Sponsor Rep. Eva-Dina Delgado
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- **2022-02-24** Added Co-Sponsor Rep. Jaime M. Andrade, Jr.
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- **2022-02-24** Added Co-Sponsor Rep. Michael Kelly
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- **2022-02-24** Added Co-Sponsor Rep. Deanne M. Mazzochi
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- **2022-02-24** Added Co-Sponsor Rep. Martin McLaughlin
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- **2022-02-24** Added Co-Sponsor Rep. Amy Grant
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- **2022-02-24** Added Co-Sponsor Rep. Mark Luft
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- **2022-02-24** Added Co-Sponsor Rep. Jeff Keicher
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- **2022-02-24** Added Co-Sponsor Rep. Tim Ozinga
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- **2022-02-24** Added Co-Sponsor Rep. Chris Bos
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- **2022-02-24** Added Co-Sponsor Rep. Bradley Stephens
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- **2022-02-24** Added Co-Sponsor Rep. Andrew S. Chesney
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- **2022-02-24** Added Co-Sponsor Rep. Suzanne Ness
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- **2022-02-24** Arrive in Senate `introduction`
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- **2022-02-24** Placed on Calendar Order of First Reading `reading-1`
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- **2022-02-24** Chief Senate Sponsor Sen. Robert F. Martwick
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- **2022-02-24** First Reading `reading-1`
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- **2022-02-24** Referred to Assignments `referral-committee`
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- **2022-03-02** Assigned to Pensions `referral-committee`
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- **2022-03-09** Do Pass Pensions; 008-001-000 `committee-passage`
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- **2022-03-09** Placed on Calendar Order of 2nd Reading March 10, 2022
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- **2022-03-23** Second Reading `reading-2`
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- **2022-03-23** Placed on Calendar Order of 3rd Reading March 24, 2022
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- **2022-03-29** Third Reading - Passed; 052-001-000 `passage, reading-3`
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- **2022-03-29** Passed Both Houses
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- **2022-04-18** Sent to the Governor `executive-receipt`
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- **2022-05-05** Governor Approved `executive-signature`
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- **2022-05-05** Effective Date May 5, 2022
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- **2022-05-05** Public Act . . . . . . . . . 102-0718 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/9254ca6d-b550-4bef-8381-6873d4ee7f31`. Confidence: reported (aggregated from official Illinois legislature records).
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