Sen. Don Harmon

Filed: 5/23/2008

 

 


 

 


 
09500SB0788sam002 LRB095 05457 AMC 51418 a

1
AMENDMENT TO SENATE BILL 788

2     AMENDMENT NO. ______. Amend Senate Bill 788, AS AMENDED,
3 with reference to page and line numbers of Senate Amendment No.
4 1, on page 4, line 26, after the period, by inserting "The
5 investment contract or other investment asset shall be in an
6 amount specified by the Illinois State Board of Investments or
7 state pension system, provide for a guaranteed minimum interest
8 rate, be with an issuer satisfactory to the Illinois State
9 Board of Investments or state pension system, and have a credit
10 rating of A3 or higher from Moody's Investor Services or A- or
11 higher from Standard & Poor's."; and
 
12 on page 17, by replacing lines 22 through 26 with the
13 following:
14 "Act of the 95th General Assembly are invested through
15 qualified investment advisers who are a "minority owned
16 business" or a "female owned business" as those terms are
17 defined in the Business Enterprise for Minorities, Females, and

 

 

09500SB0788sam002 - 2 - LRB095 05457 AMC 51418 a

1 Persons with Disabilities Act. In determining this".