Illinois General Assembly - Bill Status for HB3523
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 Bill Status of HB3523  93rd General Assembly

Short Description:  PEN CD-REPORT CORPORATE FRAUD

House Sponsors
Rep. Rich Brauer

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/1-109.3 new


Synopsis As Introduced
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.

 Pension Note (Pension Laws Commission)
 The provisions of HB 3523 do not have a fiscal impact.

Actions 
DateChamber Action
  2/28/2003HouseFiled with the Clerk by Rep. Rich Brauer
  2/28/2003HouseFirst Reading
  2/28/2003HouseReferred to Rules Committee
  3/5/2003HouseAssigned to Personnel and Pensions Committee
  3/11/2003HousePension Note Filed
  3/13/2003HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2005HouseSession Sine Die

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