PEN CD-INVESTMENT LIMITATION House SponsorsRep. Jim Watson 1/13/2009HouseSession Sine Die 40 ILCS 5/1-111from Ch. 108 1/2, par. 1-111 Amends the Illinois Pension Code. Provides that a retirement system or pension fund established under the Downstate Police, Downstate Firefighters, or Illinois Municipal Retirement Fund Article may not acquire a security issued by an employer of employees covered by any retirement system or pension fund under any of those Articles, including itself, if immediately after such acquisition, the aggregate fair market value of all such employer securities held by the retirement system or pension fund exceeds 10% of the fair market value of the assets of the retirement system or pension fund. Effective immediately.House Amendment No. 1 Removes references to the Illinois Municipal Retirement Fund Article (Article 7) from the bill. 2/13/2007HouseFiled with the Clerk by Rep. Jim Watson 2/15/2007HouseFirst Reading 2/15/2007HouseReferred to Rules Committee 2/20/2007HouseAssigned to Executive Committee 3/6/2007HouseRe-assigned to Personnel and Pensions Committee 3/22/2007HouseDo Pass / Short Debate Personnel and Pensions Committee; 004-000-000 3/22/2007HousePlaced on Calendar 2nd Reading - Short Debate 3/28/2007HouseHouse Amendment No. 1 Filed with Clerk by Rep. Jim Watson 3/28/2007HouseHouse Amendment No. 1 Referred to Rules Committee 4/16/2007HouseHouse Amendment No. 1 Recommends Be Adopted Rules Committee; 003-000-000 4/24/2007HouseSecond Reading - Short Debate 4/24/2007HouseHouse Amendment No. 1 Adopted by Voice Vote 4/24/2007HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/27/2007HouseThird Reading/Final Action Deadline Extended-9(b) May 3, 2007 5/3/2007HouseThird Reading/Final Action Deadline Extended-9(b) May 10, 2007 5/10/2007HouseThird Reading/Final Action Deadline Extended-9(b) May 18, 2007 5/15/2007HouseThird Reading - Short Debate - Passed 114-000-000 5/16/2007SenateArrive in Senate 5/16/2007SenatePlaced on Calendar Order of First Reading May 17, 2007 1/13/2009HouseSession Sine Die