Illinois HB 5610: BUDGET STABILIZATION-PENSION
Status: Referred to Rules Committee (as of 2026-02-13)
State: Illinois · Session: 104th · Bill: HB 5610
Sponsors: Travis Weaver
Bill Text
• Illinois General Assembly - Full Text of HB5610 • • • • • • • • • • • • Select Language × The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein. Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet. The English language version is always the official and authoritative version of this website. NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window. Choose Language English Afrikaans Albanian Arabic Armenian Azerbaijani Basque Bengali Bosnian Catalan Croatian Czech Danish Dutch Esperanto Estonian Filipino Finnish French Galician Georgian German Greek Gujarati Haitian Creole Hausa Hawaiian Hebrew Hindi Hungarian Icelandic Indonesian Interlingua Interlingue Inuktitut Irish Italian Japanese Javanese Kannada Khmer Korean Latin Latvian Lithuanian Luxembourgish Macedonian Malagasy Malayalam Maltese Maori Marathi Myanmar Nepali Norwegian Odia Pashto Punjabi Romanian Russian Samoan Sango Sanskrit Sardinian Sindhi Sinhala Slovak Slovenian Somali Southern Sotho Spanish Sundanese Swahili Swedish Tamil Telugu Thai Tigrinya Tonga Turkish Ukrainian Urdu Vietnamese Welsh Xhosa Yiddish Yoruba Zulu Powered by Translate Close Illinois General Assembly Top Navigation Bar Translate Learn Select General Assembly Search the 104th General Assembly Enter search terms for legislation, members, committees, or schedules. ILGA.GOV • • LEGISLATION & LAWS • Bills & Resolutions • Public Acts • Illinois Compiled Statutes • Illinois Constitution • Search Legislation • Glossary • Guide • Reports & Inquiry • Legislative Reports • Special Reports • FTP Site • Legislator Lookup • Capitol Complex Phone Numbers • Rules & Regulations • Illinois Register • Administrative Rules • Senate • Members • Schedules • Committees • Request for Remote Testimony • Journals • Transcripts • Rules • Audio/Video • FOIA Information • Senate Employment Opportunities • Media Guidelines • House • Members • Schedules • Committees • Submit testimony for House Committees • Journals • Transcripts • Rules • Audio/Video • FOIA Information • House Employment Opportunities • Log In Mobile Top Bar Search the 104th General Assembly Enter keywords to search the Illinois General Assembly website. Full Text of HB5610 • Home • Legislation • Full Text HB5610 - 104th General Assembly • Bill Status • Full Text • Votes • Witness Slips Select Menu Bill Status Full Text Votes Witness Slips Printer Friendly Version Introduced Printer Friendly Version Introduced Open PDF 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB5610 Introduced 2/13/2026, by Rep. Travis Weaver SYNOPSIS AS INTRODUCED: 30 ILCS 122/20 30 ILCS 122/25 Amends the Budget Stabilization Act. Provides that specified amounts shall be transferred from the General Revenue Fund to the Pension Stabilization Fund beginning in fiscal year 2030 and continuing until the end of fiscal year 2045 or when each of the designated retirement systems has achieved 100% funding, whichever occurs first. Effective immediately. LRB104 18763 HLH 32206 b A BILL FOR HB5610LRB104 18763 HLH 32206 b 1 AN ACT concerning finance. 2 Be it enacted by the People of the State of Illinois, 3represented in the General Assembly: 4 Section 5. The Budget Stabilization Act is amended by 5changing Sections 20 and 25 as follows: 6 (30 ILCS 122/20) 7 (Text of Section WITH the changes made by P.A. 98-599, 8which has been held unconstitutional) 9 Sec. 20. Pension Stabilization Fund. 10 (a) The Pension Stabilization Fund is hereby created as a 11special fund in the State treasury. Moneys in the fund shall be 12used for the sole purpose of making payments to the designated 13retirement systems as provided in Section 25. 14 (b) For each fiscal year through State fiscal year 2014, 15when the General Assembly's appropriations and transfers or 16diversions as required by law from general funds do not exceed 1799% of the estimated general funds revenues pursuant to 18subsection (a) of Section 10, the Comptroller shall transfer 19from the General Revenue Fund as provided by this Section a 20total amount equal to 0.5% of the estimated general funds 21revenues to the Pension Stabilization Fund. 22 (c) For each fiscal year through Stat
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