IL HB1989Illinois House Bill 1989 proposes to allocate $2 from the state's General Revenue Fund to the General Assembly Retirement System. This funding is intended to cover ordinary and contingent expenses for the fiscal year 2026. The bill is set to take effect on July 1, 2025.
IL HB1989 is a house bill in the Illinois 104th General Assembly, sponsored by Tony McCombie (R), currently “Introduced” since January 29, 2025.
We track 10,921 Illinois bills this session, 448 of them sponsored by Tony McCombie.
Supporters of HB1989 would argue that this small appropriation is a necessary step to ensure that the General Assembly Retirement System remains financially stable. They may highlight the importance of maintaining support for public servants who have dedicated their careers to serving the state.
Critics may contend that allocating only $2 to the General Assembly Retirement System is a symbolic gesture that fails to address the real financial needs of the system. They might argue that this minimal funding reflects a lack of commitment to adequately support retired lawmakers and could be seen as an ineffective use of state resources.
About This Analysis
This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Illinois General Assembly. Conflict-of-interest analysis for this bill is coming soon.
What does IL HB1989 do?
Illinois House Bill 1989 proposes to allocate $2 from the state's General Revenue Fund to the General Assembly Retirement System. This funding is intended to cover ordinary and contingent expenses for the fiscal year 2026. The bill is set to take effect on July 1, 2025.
What is the status of IL HB1989?
IL HB1989 is currently “Introduced” in the Illinois legislature.
Who sponsored IL HB1989?
Tony McCombie (R) sponsored IL HB1989.
