SB 3945

  • Illinois Senate Bill
  • 96th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Pen Cd-Art 3 & 4 Investments

Abstract

Amends the Illinois Pension Code. Provides that no more than 30% of a downstate police or downstate fire pension fund's assets may be invested in debt obligations of corporations subject to specified conditions. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Bill Sponsors (1)

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Jan 12, 2011

Senate

Session Sine Die

Sep 16, 2010

Senate

Filed with Secretary by Sen. Chris Lauzen

Senate

First Reading

Senate

Referred to Assignments

Bill Text

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Sources

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