William D. Burns
- Democratic
Primary
Amends the Illinois Governmental Ethics Act. Requires members of the board of any pension fund or retirement system established under the Illinois Pension Code to file a statement of economic interests. Amends the State Officials and Employees Ethics Act. Includes appointed or elected commissioners, trustees, directors, or board members of a board of a State agency, including the boards found in the Illinois Pension Code, in the definition of "employee". Amends the Illinois Pension Code. Makes changes in provisions concerning the definition of "fiduciary", allocation and delegation of fiduciary duties, and prohibited transactions. Adds provisions concerning investment advisers, consultants, and investment services for investment boards, pension funds, and retirement systems other than downstate police and fire pension funds; investment transparency; prohibitions on monetary gain on investments; fraud; prohibitions on gifts; contingent fees; and procurements for pension funds, retirement systems, and investment boards, except downstate police and fire pension funds. Requires the University of Illinois to create the Illinois Fiduciary College for the purpose of education pension fund, retirement system, and investment board members and staffs on ethics.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Held on Calendar Order of Second Reading - Short Debate
Second Reading - Short Debate
Added Co-Sponsor Rep. Ed Sullivan, Jr.
Added Co-Sponsor Rep. Linda Chapa LaVia
Added Co-Sponsor Rep. Elizabeth Coulson
Added Co-Sponsor Rep. Emily McAsey
Added Co-Sponsor Rep. Careen M. Gordon
Added Co-Sponsor Rep. Paul D. Froehlich
Added Co-Sponsor Rep. Luis Arroyo
Added Co-Sponsor Rep. Robert W. Pritchard
Added Chief Co-Sponsor Rep. Jack D. Franks
Added Chief Co-Sponsor Rep. Mike Boland
Added Chief Co-Sponsor Rep. Lisa M. Dugan
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate State Government Administration Committee; 017-000-000
Assigned to State Government Administration Committee
Added Chief Co-Sponsor Rep. Sidney H. Mathias
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. William D. Burns
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