90th General Assembly
Summary of HB1084
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House Sponsors:

Short description: 
PEN CD-DNST POL&FIRE-INVESTMTS                                             

Synopsis of Bill as introduced:
        Amends the Downstate Police and  Fire  Articles  of  the  Pension      
   Code.   Permits  the  board to register the investments of the pension      
   fund in the name of the pension fund, in the nominee name of a bank or      
   trust company authorized to conduct a trust business in  Illinois,  in      
   the  nominee  name  of  a  securities  broker or dealer who is a fully      
   qualified member of the  Securities  Investor  Protection  Corporation      
   created  under  the federal Securities Investor Protection Corporation      
   Act of 1970, or in the nominee name of the Illinois Public Treasurer's      
   Investment Pool.  Effective immediately.                                    
          PENSION NOTE                                                         
          No direct fiscal impact on Downstate Police & Firefighter            
          Pension Funds.                                                       
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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