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 Bill Status of SB0778  100th General Assembly


Short Description:  FOIA-PENSION INVESTMENTS

Senate Sponsors
Sen. Daniel Biss

Hearings
Licensed Activities and Pensions Hearing Mar 29 2017 12:00PM Capitol 400 Springfield, IL


Last Action
DateChamber Action
  3/16/2017SenatePostponed - Licensed Activities and Pensions

Statutes Amended In Order of Appearance
5 ILCS 140/7from Ch. 116, par. 207


Synopsis As Introduced
Amends the Freedom of Information Act. In a provision establishing exemptions for disclosure under the Act, excludes from those exemptions the text of an agreement to invest in a private equity fund, hedge fund, or absolute return fund that is proposed or executed after January 1, 2018 and any modification to or amendment of such an agreement that modifies or alters any of the provisions. Provides that trade secrets in the text of the agreement are not subject to disclosure under the Act. Defines terms. Effective immediately.

Actions 
DateChamber Action
  2/1/2017SenateFiled with Secretary by Sen. Daniel Biss
  2/1/2017SenateFirst Reading
  2/1/2017SenateReferred to Assignments
  2/8/2017SenateAssigned to Licensed Activities and Pensions
  2/16/2017SenatePostponed - Licensed Activities and Pensions
  3/16/2017SenatePostponed - Licensed Activities and Pensions
  3/17/2017SenateRule 2-10 Committee Deadline Established As April 7, 2017

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