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<xml>
<title>Illinois General Assembly - Bill Status for HB 3523   </title>
<shortdesc>PEN CD-REPORT CORPORATE FRAUD</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Rich Brauer</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/1-109.3 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the General Provisions Article of the Illinois Pension Code. Provides that the State Board of Investment and the boards of trustees of the State-funded retirement systems shall provide for an annual review of their investments to determine whether they have experienced market losses due to possible corporate fraud. Requires an annual report to the General Assembly. Effective immediately.</SynopsisText><synopsistitle>Pension Note (Pension Laws Commission)</synopsistitle>
<SynopsisText>The provisions of HB 3523 do not have a fiscal impact.</SynopsisText></synopsis>
<actions>
<statusdate>2/28/2003</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Rich Brauer</action>
<statusdate>2/28/2003</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/28/2003</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/5/2003</statusdate><chamber>House</chamber><action>Assigned to Personnel and Pensions Committee</action>
<statusdate>3/11/2003</statusdate><chamber>House</chamber><action>Pension Note Filed</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

