Fabio
99 lines
8.2 KiB
Markdown
99 lines
8.2 KiB
Markdown
---
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type: "Bill"
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title: "PEN CD-MWRD-ADMINISTRATIVE"
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description: "Amends the Illinois Pension Code. In the General Provisions Article, allows certain pension funds to embrace the investment in international equities and fixed income in corporations created or existing under the laws of a foreign country or in such corporations through investments in certain pooled or commingled funds and provides that, for the Metropolitan Water Reclamation District Retirement Fund, the total market value of all stocks and convertible debt shall not exceed 75% of the aggregate market value of all fund investments. In the Metropolitan Water Reclamation District Article, (i) makes changes concerning the timing of the first annuity payment date for retirement and survivor's annuities; (ii) provides that an employee in service before June 13, 1997 shall also receive a child's disability benefit during the period of disability of $10 per month for each unmarried natural or adopted child of the employee under 18 years of age (language granting this benefit was removed from the statutes by Public Act 90-12, effective June 13, 1997); (iii) provides that there shall be deducted from each payment of salary an amount equal to 7% of salary as the employee's contribution for the retirement annuity, including child's annuity, and 0.5% of salary as the employee's contribution for annual increases to the retirement annuity (was, 7 1/2% of salary as employees contribution for the retirement annuity, including annual increases therefore and child's annuity); (iv) makes changes concerning refunds after the death of a survivor of the employee and spouse; and (v) makes changes concerning the investment authority of the Retirement Board of the Metropolitan Water Reclamation District. Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "95th"
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identifier: "SB 1653"
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citation: "Illinois SB 1653 (95th)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: []
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version_count: 3
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action_count: 38
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vote_count: 3
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first_action: "2007-02-09"
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last_action: "2007-08-31"
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source: "openstates"
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source_identifier: "ocd-bill/2567d791-d25e-4101-b0ba-d6b6b3ba8a0e"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=1653&GAID=9&DocTypeID=SB&LegId=29782&SessionID=51&GA=95"
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source_hash: "5b87b164489e9e84e0c09242819059ffe10c3bdc8fd9aa56f1041504fceaa766"
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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 SB 1653 (95th) — PEN CD-MWRD-ADMINISTRATIVE
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Amends the Illinois Pension Code. In the General Provisions Article, allows certain pension funds to embrace the investment in international equities and fixed income in corporations created or existing under the laws of a foreign country or in such corporations through investments in certain pooled or commingled funds and provides that, for the Metropolitan Water Reclamation District Retirement Fund, the total market value of all stocks and convertible debt shall not exceed 75% of the aggregate market value of all fund investments. In the Metropolitan Water Reclamation District Article, (i) makes changes concerning the timing of the first annuity payment date for retirement and survivor's annuities; (ii) provides that an employee in service before June 13, 1997 shall also receive a child's disability benefit during the period of disability of $10 per month for each unmarried natural or adopted child of the employee under 18 years of age (language granting this benefit was removed from the statutes by Public Act 90-12, effective June 13, 1997); (iii) provides that there shall be deducted from each payment of salary an amount equal to 7% of salary as the employee's contribution for the retirement annuity, including child's annuity, and 0.5% of salary as the employee's contribution for annual increases to the retirement annuity (was, 7 1/2% of salary as employees contribution for the retirement annuity, including annual increases therefore and child's annuity); (iv) makes changes concerning refunds after the death of a survivor of the employee and spouse; and (v) makes changes concerning the investment authority of the Retirement Board of the Metropolitan Water Reclamation District. 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](http://ilga.gov/legislation/fulltext.asp?DocName=09500SB1653&GA=95&SessionId=51&DocTypeId=SB&LegID=29782&DocNum=1653&GAID=9&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500SB1653eng&GA=95&SessionId=51&DocTypeId=SB&LegID=29782&DocNum=1653&GAID=9&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500SB1653enr&GA=95&SessionId=51&DocTypeId=SB&LegID=29782&DocNum=1653&GAID=9&Session=&print=true)
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## Votes
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- Third Reading — **103–12** (pass) · lower
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- Third Reading — **56–0** (pass) · upper
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- Concurrence — **50–0** (pass) · upper
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## Sponsors
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- Kwame Raoul — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2007-02-09** Filed with Secretary by Sen. Kwame Raoul `filing`
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- **2007-02-09** Chief Co-Sponsor Sen. Don Harmon
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- **2007-02-09** First Reading `reading-1`
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- **2007-02-09** Referred to Rules `referral-committee`
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- **2007-02-21** Assigned to Pensions and Investments `referral-committee`
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- **2007-03-07** Do Pass Pensions and Investments; 010-000-000 `committee-passage`
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- **2007-03-07** Placed on Calendar Order of 2nd Reading March 8, 2007
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- **2007-03-15** Second Reading `reading-2`
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- **2007-03-15** Placed on Calendar Order of 3rd Reading March 20, 2007
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- **2007-03-30** Rule 2-10 Third Reading Deadline Established As May 31, 2007 `reading-3`
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- **2007-04-24** Third Reading - Passed; 056-000-000 `reading-3, passage`
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- **2007-04-24** Arrived in House `introduction`
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- **2007-04-24** Placed on Calendar Order of First Reading `reading-1`
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- **2007-04-26** Chief House Sponsor Rep. David E. Miller
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- **2007-04-26** First Reading `reading-1`
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- **2007-04-26** Referred to Rules Committee `referral-committee`
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- **2007-04-30** Assigned to Executive Committee `referral-committee`
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- **2007-05-18** Committee Deadline Extended-Rule 9(b) May 25, 2007
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- **2007-05-23** House Committee Amendment No. 1 Filed with Clerk by Executive Committee `amendment-introduction`
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- **2007-05-23** House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote `amendment-passage`
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- **2007-05-23** Do Pass as Amended / Short Debate Executive Committee; 012-000-000 `committee-passage`
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- **2007-05-23** Placed on Calendar 2nd Reading - Short Debate
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- **2007-05-24** Second Reading - Short Debate `reading-2`
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- **2007-05-24** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2007-05-31** Third Reading - Short Debate - Passed 103-012-000 `reading-3, passage`
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- **2007-05-31** Secretary's Desk - Concurrence House Amendment(s) 01
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- **2007-05-31** Placed on Calendar Order of Concurrence House Amendment(s) 01 - June 1, 2007
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- **2007-05-31** House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Kwame Raoul `filing`
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- **2007-05-31** House Committee Amendment No. 1 Motion to Concur Referred to Rules `referral-committee`
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- **2007-06-05** House Committee Amendment No. 1 Motion to Concur Rules Referred to Pensions and Investments `referral-committee`
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- **2007-06-06** House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Pensions and Investments; 007-000-000
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- **2007-06-07** 3/5 Vote Required
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- **2007-06-07** House Committee Amendment No. 1 Senate Concurs 050-000-000
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- **2007-06-07** Passed Both Houses
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- **2007-07-06** Sent to the Governor `executive-receipt`
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- **2007-08-31** Governor Approved `executive-signature`
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- **2007-08-31** Effective Date August 31, 2007
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- **2007-08-31** Public Act . . . . . . . . . 95-0586 `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/2567d791-d25e-4101-b0ba-d6b6b3ba8a0e`. Confidence: reported (aggregated from official Illinois legislature records).
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