SB3403 - 104th General Assembly (2025-2026)

PEN CD-BD OF INVESTMENT AUDIT
Last Action
2/17/2026 - Senate: Assigned to Pensions
Statutes Amended In Order of Appearance
40 ILCS 5/22A-115  from Ch. 108 1/2, par. 22A-115
Synopsis As Introduced
Amends the Investment Board Article of the Illinois Pension. Provides that, if the Illinois State Board of Investment has not received a required audit opinion by December 15, the Board shall not be considered in violation of a provision requiring an annual report to each pension fund, retirement system, or education fund under the Board's jurisdiction within 6 months after the close of each fiscal year. Effective immediately.
Actions
DateChamberAction
2/04/2026SenateFiled with Secretary by Sen. Robert F. Martwick
2/04/2026SenateFirst Reading
2/04/2026SenateReferred to Assignments
2/17/2026SenateAssigned to Pensions