John E. Bradley
Primary
Amends the Illinois Pension Code. Provides that it is the public policy of the State of Illinois to encourage the pension funds, and any State agency investing funds on behalf of pension funds, to promote the economy of Illinois through the use of economic opportunity investments to the greatest extent feasible within the bounds of financial and fiduciary prudence. Provides that each pension fund, except pension funds created under the Downstate Police and Firefighters Articles of the Code, shall submit a report to the Governor and the General Assembly by September 1 of each year that identifies the economic opportunity investments made by the fund, the primary location of the business or project, the percentage of the fund's assets in economic opportunity investments, and the actions that the fund has undertaken to increase the use of economic opportunity investments. Requires certain pension funds, and any State agency investing funds on behalf of those pension funds, to make reasonable efforts to invest in economic opportunity investments. Effective immediately.
Governor Approved
Public Act . . . . . . . . . 96-0753
Effective Date August 25, 2009
Sent to the Governor
Senate Committee Amendment No. 1 House Concurs 117-000-000
Passed Both Houses
Senate Floor Amendment No. 3 House Concurs 117-000-000
Senate Floor Amendment No. 3 Motion to Concur Rules Referred to Personnel and Pensions Committee
Senate Floor Amendment No. 3 Motion to Concur Recommends Be Adopted Personnel and Pensions Committee; 010-000-000
Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Personnel and Pensions Committee; 010-000-000
Senate Committee Amendment No. 1 Motion to Concur Rules Referred to Personnel and Pensions Committee
Senate Floor Amendment No. 3 Motion Filed Concur Rep. John E. Bradley
Senate Floor Amendment No. 3 Motion to Concur Referred to Rules Committee
Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
Senate Committee Amendment No. 1 Motion Filed Concur Rep. John E. Bradley
Senate Floor Amendment No. 3 Adopted; Lauzen
Placed on Calendar Order of Concurrence Senate Amendment(s) 1, 3
Arrived in House
Senate Committee Amendment No. 2 Tabled Pursuant to Rule 5-4(a)
Third Reading - Passed; 059-000-000
Placed on Calendar Order of 3rd Reading
Recalled to Second Reading
Senate Floor Amendment No. 3 Recommend Do Adopt Pensions and Investments; 006-000-000
Senate Floor Amendment No. 3 Assignments Refers to Pensions and Investments
Senate Floor Amendment No. 3 Referred to Assignments
Senate Floor Amendment No. 3 Filed with Secretary by Sen. Chris Lauzen
Placed on Calendar Order of 3rd Reading May 13, 2009
Second Reading
Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments
Do Pass as Amended Pensions and Investments; 010-000-000
Added as Alternate Co-Sponsor Sen. Dan Duffy
Placed on Calendar Order of 2nd Reading May 12, 2009
Senate Committee Amendment No. 2 Held in Pensions and Investments
Added as Alternate Co-Sponsor Sen. Bill Brady
Senate Committee Amendment No. 1 Adopted
Senate Committee Amendment No. 2 Assignments Refers to Pensions and Investments
Senate Committee Amendment No. 2 Referred to Assignments
Senate Committee Amendment No. 2 Filed with Secretary by Sen. Chris Lauzen
Senate Committee Amendment No. 1 Held in Pensions and Investments
Held in Pensions and Investments
Senate Committee Amendment No. 1 Assignments Refers to Pensions and Investments
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Ira I. Silverstein
Senate Committee Amendment No. 1 Referred to Assignments
Assigned to Pensions and Investments
Arrive in Senate
Referred to Assignments
First Reading
Chief Senate Sponsor Sen. Ira I. Silverstein
Placed on Calendar Order of First Reading
Third Reading - Short Debate - Passed 116-000-000
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
Do Pass / Short Debate Personnel and Pensions Committee; 007-000-000
Placed on Calendar 2nd Reading - Short Debate
Assigned to Personnel and Pensions Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. John E. Bradley
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
|---|---|
| Public Act | |
| Senate Amendment 003 | |
| Senate Amendment 002 | |
| Senate Amendment 001 |
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