Illinois General Assembly - Bill Status for SB0032
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 Bill Status of SB0032  100th General Assembly


Short Description:  PEN CD-ART 3 & 4 INVESTMENTS

Senate Sponsors
Sen. Chris Lauzen

Last Action
DateChamber Action
  1/8/2013SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/1-113.1
30 ILCS 805/8.35 new


Synopsis As Introduced
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.

Actions 
DateChamber Action
  1/27/2011SenateFiled with Secretary by Sen. Chris Lauzen
  1/27/2011SenateFirst Reading
  1/27/2011SenateReferred to Assignments
  1/27/2011SenateAssigned to Pensions and Investments
  3/3/2011SenatePostponed - Pensions and Investments
  3/10/2011SenatePostponed - Pensions and Investments
  3/17/2011SenatePostponed - Pensions and Investments
  3/18/2011SenateRule 3-9(a) / Re-referred to Assignments
  1/8/2013SenateSession Sine Die

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