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<xml>
<title>Illinois General Assembly - Bill Status for SB 3162   </title>
<shortdesc>PEN CD-FUND-OF-FUND MANAGEMT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Don Harmon-Kirk W. Dillard</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Lou Lang-Elaine Nekritz-Barbara Flynn Currie-Karen May, William D. Burns and Karen A. Yarbrough)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/1-113.14</reference><aliasreference></aliasreference><reference>40 ILCS 5/1-113.15 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Pension Code. Requires that a description of every contract for qualified fund-of-fund management services must be posted in a conspicuous manner on the web site of the retirement system, pension fund, or investment board and must include the name of the fund-of-funds, the name of its investment adviser, the total investment commitment of the retirement system, pension fund, or investment board to invest in such fund-of-funds, and a disclosure approved by the board describing the factors that contributed to the investment in such fund-of-funds. Effective immediately.</SynopsisText><synopsistitle>House Committee Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>40 ILCS 5/1-113.15 new</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Illinois Pension Code. Makes a technical change in a Section concerning investment services for retirement systems, pension funds, and investment boards, except those funds established under Articles 3 and 4 of the Code.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2010</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Don Harmon</action>
<statusdate>2/9/2010</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/9/2010</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/24/2010</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>3/3/2010</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Kirk W. Dillard</action>
<statusdate>3/8/2010</statusdate><chamber>Senate</chamber><action>Do Pass Executive;  012-000-000</action>
<statusdate>3/8/2010</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 9, 2010</action>
<statusdate>3/11/2010</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/11/2010</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 12, 2010</action>
<statusdate>3/12/2010</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 052-000-000</action>
<statusdate>3/12/2010</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>3/16/2010</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Lou Lang</action>
<statusdate>3/16/2010</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>3/16/2010</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>3/16/2010</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/19/2010</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. William D. Burns</action>
<statusdate>3/23/2010</statusdate><chamber>House</chamber><action>Alternate Chief Co-Sponsor Removed Rep. William D. Burns</action>
<statusdate>3/23/2010</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. William D. Burns</action>
<statusdate>3/23/2010</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Elaine Nekritz</action>
<statusdate>3/23/2010</statusdate><chamber>House</chamber><action>Alternate Chief Co-Sponsor Changed to Rep. Elaine Nekritz</action>
<statusdate>3/23/2010</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Julie Hamos</action>
<statusdate>4/8/2010</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Karen A. Yarbrough</action>
<statusdate>11/10/2010</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) January 11, 2011</action>
<statusdate>11/10/2010</statusdate><chamber>House</chamber><action>Assigned to State Government Administration Committee</action>
<statusdate>11/16/2010</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by State Government Administration Committee</action>
<statusdate>11/16/2010</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Adopted in State Government Administration Committee;  by Voice Vote</action>
<statusdate>11/16/2010</statusdate><chamber>House</chamber><action>Do Pass as Amended / Short Debate State Government Administration Committee;  010-005-000</action>
<statusdate>11/16/2010</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>11/17/2010</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>11/17/2010</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate</action>
<statusdate>11/17/2010</statusdate><chamber>House</chamber><action>Alternate Chief Co-Sponsor Changed to Rep. Barbara Flynn Currie</action>
<statusdate>11/17/2010</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Karen May</action>
<statusdate>11/29/2010</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Filed with Clerk by Rep. Lou Lang</action>
<statusdate>11/29/2010</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Referred to Rules Committee</action>
<statusdate>11/30/2010</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Rules Refers to State Government Administration Committee</action>
<statusdate>11/30/2010</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Recommends Be Adopted State Government Administration Committee;  016-001-000</action>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

