Fabio
111 lines
6.8 KiB
Markdown
111 lines
6.8 KiB
Markdown
---
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type: "Bill"
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title: "PENSION STABILIZATION FUND"
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description: "Amends the Budget Stabilization Act. Provides that, beginning in fiscal year 2011, when the increase in the Employment Cost Index, as determined by the Bureau of Labor Statistics of the U.S. Department of Labor, for the previous fiscal year exceeds 2%, the Comptroller shall transfer into the Pension Stabilization Fund from the General Revenue Fund, on at least a monthly basis, an amount equal to the amount of general funds revenues exceeding 102% of the prior fiscal year's general funds revenues for the purpose of making payments to the designated retirement systems. Effective July 1, 2010."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "96th"
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identifier: "SB 3776"
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citation: "Illinois SB 3776 (96th)"
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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: 50
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vote_count: 3
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first_action: "2010-02-11"
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last_action: "2010-12-30"
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source: "openstates"
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source_identifier: "ocd-bill/76c89093-ddfb-466b-85af-3aa58dc0a82e"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3776&GAID=10&DocTypeID=SB&LegId=51964&SessionID=76&GA=96"
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source_hash: "dd2de969ce8f49242515ea000711c06c1d68072344a5d383bef1e95dfdb6efa6"
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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 3776 (96th) — PENSION STABILIZATION FUND
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Amends the Budget Stabilization Act. Provides that, beginning in fiscal year 2011, when the increase in the Employment Cost Index, as determined by the Bureau of Labor Statistics of the U.S. Department of Labor, for the previous fiscal year exceeds 2%, the Comptroller shall transfer into the Pension Stabilization Fund from the General Revenue Fund, on at least a monthly basis, an amount equal to the amount of general funds revenues exceeding 102% of the prior fiscal year's general funds revenues for the purpose of making payments to the designated retirement systems. Effective July 1, 2010.
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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=09600SB3776&GA=96&SessionId=76&DocTypeId=SB&LegID=51964&DocNum=3776&GAID=10&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB3776eng&GA=96&SessionId=76&DocTypeId=SB&LegID=51964&DocNum=3776&GAID=10&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB3776enr&GA=96&SessionId=76&DocTypeId=SB&LegID=51964&DocNum=3776&GAID=10&Session=&print=true)
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## Votes
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- Third Reading — **114–0** (pass) · lower
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- Third Reading — **56–0** (pass) · upper
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- Concurrence — **55–0** (pass) · upper
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## Sponsors
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- A. J. Wilhelmi — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2010-02-11** Filed with Secretary by Sen. Jeffrey M. Schoenberg `filing`
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- **2010-02-11** First Reading `reading-1`
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- **2010-02-11** Referred to Assignments `referral-committee`
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- **2010-02-24** Assigned to Executive `referral-committee`
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- **2010-03-08** Do Pass Executive; 012-000-000 `committee-passage`
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- **2010-03-08** Placed on Calendar Order of 2nd Reading March 9, 2010
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- **2010-03-11** Second Reading `reading-2`
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- **2010-03-11** Placed on Calendar Order of 3rd Reading March 12, 2010
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- **2010-03-11** Senate Floor Amendment No. 1 Filed with Secretary by Sen. Jeffrey M. Schoenberg `amendment-introduction`
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- **2010-03-11** Senate Floor Amendment No. 1 Referred to Assignments `referral-committee`
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- **2010-03-16** Senate Floor Amendment No. 1 Assignments Refers to Executive
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- **2010-03-16** Senate Floor Amendment No. 1 Recommend Do Adopt Executive; 007-000-000
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- **2010-03-18** Added as Co-Sponsor Sen. Mattie Hunter
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- **2010-03-18** Added as Chief Co-Sponsor Sen. Donne E. Trotter
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- **2010-03-18** Recalled to Second Reading `reading-2`
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- **2010-03-18** Senate Floor Amendment No. 1 Adopted; Schoenberg `amendment-passage`
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- **2010-03-18** Placed on Calendar Order of 3rd Reading
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- **2010-03-18** Added as Chief Co-Sponsor Sen. Dan Kotowski
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- **2010-03-18** Added as Co-Sponsor Sen. Kirk W. Dillard
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- **2010-03-18** Third Reading - Passed; 056-000-000 `reading-3, passage`
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- **2010-03-18** Arrived in House `introduction`
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- **2010-03-18** Chief House Sponsor Rep. David E. Miller
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- **2010-03-18** Placed on Calendar Order of First Reading `reading-1`
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- **2010-03-18** First Reading `reading-1`
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- **2010-03-18** Referred to Rules Committee `referral-committee`
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- **2010-11-18** Final Action Deadline Extended-9(b) January 11, 2011
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- **2010-11-18** Assigned to Executive Committee `referral-committee`
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- **2010-11-19** Added Alternate Chief Co-Sponsor Rep. Naomi D. Jakobsson
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- **2010-11-29** House Committee Amendment No. 1 Filed with Clerk by Executive Committee `amendment-introduction`
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- **2010-11-29** House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote `amendment-passage`
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- **2010-11-29** Do Pass as Amended / Short Debate Executive Committee; 010-000-000 `committee-passage`
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- **2010-11-29** Placed on Calendar 2nd Reading - Short Debate
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- **2010-11-29** Second Reading - Short Debate `reading-2`
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- **2010-11-29** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2010-11-30** Third Reading - Short Debate - Passed 114-000-000 `reading-3, passage`
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- **2010-11-30** Secretary's Desk - Concurrence House Amendment(s) 1
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- **2010-11-30** Placed on Calendar Order of Concurrence House Amendment(s) 1 - December 1, 2010
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- **2010-12-01** Added as Co-Sponsor Sen. Pamela J. Althoff
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- **2010-12-01** Chief Sponsor Changed to Sen. A. J. Wilhelmi
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- **2010-12-01** House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. A. J. Wilhelmi `filing`
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- **2010-12-01** House Committee Amendment No. 1 Motion to Concur Referred to Assignments `referral-committee`
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- **2010-12-01** House Committee Amendment No. 1 Motion to Concur Assignments Referred to Revenue `referral-committee`
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- **2010-12-01** House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Revenue; 007-000-000
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- **2010-12-01** House Committee Amendment No. 1 3/5 Vote Required
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- **2010-12-01** House Committee Amendment No. 1 Senate Concurs 055-000-001
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- **2010-12-01** Passed Both Houses
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- **2010-12-17** Sent to the Governor `executive-receipt`
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- **2010-12-30** Governor Approved `executive-signature`
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- **2010-12-30** Effective Date January 1, 2011
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- **2010-12-30** Public Act . . . . . . . . . 96-1493 `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/76c89093-ddfb-466b-85af-3aa58dc0a82e`. Confidence: reported (aggregated from official Illinois legislature records).
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