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HB 4170

Illinois House•In House Committee

Summary

HB 4170, “PENSION STABILIZATION FUND”, was introduced in the House on Oct 17, 2025 by Rep. Kyle Moore (R). It was referred to Rules, and last saw action on Oct 28, 2025: Referred to Rules Committee.

Record

Text

HB 4170 has no co-sponsors and has not gone to a roll call.

hb4170/introduced.txt
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Full Text of HB4170
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	HB4170 - 104th General Assembly
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104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB4170
Introduced 10/28/2025, by Rep. Kyle Moore
SYNOPSIS AS INTRODUCED:
30 ILCS 122/20
Amends the Budget Stabilization Act. Provides that, in addition to any other transfers that may be provided by law, the Comptroller shall transfer from the General Revenue Fund to the Pension Stabilization Fund the following amounts: $300,000,000 for Fiscal Year 2030; $400,000,000 for Fiscal Years 2031 through 2033; and $600,000,000 for Fiscal Years 2034 through 2049.
LRB104 15260 RPS 28410 b
A BILL FOR
		HB4170		LRB104 15260 RPS 28410 b
    AN ACT concerning finance.
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
    Section 5. The Budget Stabilization Act is amended by
changing Section 20 as follows:
    (30 ILCS 122/20)
    (Text of Section WITHOUT the changes made by P.A. 98-599,
which has been held unconstitutional)
    Sec. 20. Pension Stabilization Fund.
    (a) The Pension Stabilization Fund is hereby created as a
special fund in the State treasury. Moneys in the fund shall be
used for the sole purpose of making payments to the designated
retirement systems as provided in Section 25.
    (b) For each fiscal year when the General Assembly's
appropriations and transfers or diversions as required by law
from general funds do not exceed 99% of the estimated general
funds revenues pursuant to subsection (a) of Section 10, the
Comptroller shall transfer from the General Revenue Fund as
provided by this Section a total amount equal to 0.5% of the
estimated general funds revenues to the Pension Stabilization
Fund.
    (c) For each fiscal year when the General Assembly's
appropriations and transfers or diversions as required by law
		HB4170	- 2 -	LRB104 15260 RPS 28410 b
from general funds do not exceed 98% of the estimated general
funds revenues pursuant to subsection (b) of Section 10, the
Comptroller shall transfer from the General Revenue Fund as
provided by this Section a total amount equal to 1.0% of the
estimated general funds revenues to the Pension Stabilization
Fund.
    (c-5) In addition to any other transfers that may be 
provided by law, the Comptroller shall transfer from the 
General Revenue Fund to the Pension Stabilization Fund the 
amount set forth as follows for each of the specified fiscal 
years:
Fiscal Year 	Amount
2030 	$300,000,000
2031 	$400,000,000
2032 	$400,000,000
2033 	$400,000,000
2034 	$600,000,000
2035 	$600,000,000
2036 	$600,000,000
2037 	$600,000,000
2038 	$600,000,000
2039 	$600,000,000
2040 	$600,000,000
2041 	$600,000,000
2042 	$600,000,000
2043 	$600,000,000
		HB4170	- 3 -	LRB104 15260 RPS 28410 b
2044 	$600,000,000
2045 	$600,000,000
2046 	$600,000,000
2047 	$600,000,000
2048 	$600,000,000
2049 	$600,000,000
    (d) The Comptroller shall transfer 1/12 of the total
amount to be transferred each fiscal year under this Section
into the Pension Stabilization Fund on the first day of each
month of that fiscal year or as soon thereafter as possible;
except that the final transfer of the fiscal year shall be made
as soon as practical after the August 31 following the end of
the fiscal year.
    Before the final transfer for a fiscal year is made, the
Comptroller shall reconcile the estimated general funds
revenues used in calculating the other transfers under this
Section for that fiscal year with the actual general funds
revenues for that fiscal year. The final transfer for the
fiscal year shall be adjusted so that the total amount
transferred under this Section for that fiscal year is equal
to the percentage specified in subsection (b) or (c) of this
Section, whichever is applicable, of the actual general funds
revenues for that fiscal year. The actual general funds
revenues for the fiscal year shall be calculated in a manner
consistent with subsection (c) of Section 10 of this Act.
(Source: P.A. 94-839, eff. 6-6-06.)

Amends the Budget Stabilization Act. Provides that, in addition to any other transfers that may be provided by law, the Comptroller shall transfer from the General Revenue Fund to the Pension Stabilization Fund the following amounts: $300,000,000 for Fiscal Year 2030; $400,000,000 for Fiscal Years 2031 through 2033; and $600,000,000 for Fiscal Years 2034 through 2049.

Sponsors

Rep. Kyle Moore (R) sponsors HB 4170 alone.

Kyle Moore

Rep. · R–99 · Sponsor

Committees

HB 4170 went before 1 committee: Rules.

Rules
Rules
Referred to · Oct 28, 2025 · 5,290 Bills

History

HB 4170 has taken 3 actions since Oct 17, 2025, the latest on Oct 28, 2025.

ChamberAction
Oct 28, 2025
House
First Reading
Oct 28, 2025
House
Referred to Rules Committee
Oct 17, 2025
House
Filed with the Clerk by Rep. Kyle Moore

Votes

HB 4170 has not gone to a roll call.

Source: ilga.gov · legiscan.com