92nd General Assembly
Status of HB4043
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 Full Text  Bill Summary

   40 ILCS 5/1-109.1         from Ch. 108 1/2, par. 1-109.1                    

        Amends the General Provisions Article  of  the  Illinois  Pension      
   Code.    Urges the Illinois State Board of Investment and the board of      
   trustees of  each  retirement  system  or  pension  fund  to  allocate      
   specified  portions  of  its  brokerage  business, on an annual basis,      
   among  Illinois-based,  minority-owned,  and  female-owned   brokerage      
   businesses,  and  provides specific goals.  Declares the encouragement      
   of those businesses to be public policy.  Changes  the  definition  of      
   "emerging investment manager".  Effective immediately.                      
          PENSION NOTE (Illinois Pension Laws Commission)                      
          HB 4043 does not have a fiscal impact on any of Illinois's           
          Pension Systems.                                                     
   JAN-29-2002  H  FILED WITH CLERK                                               
   JAN-29-2002  H  FIRST READING                                                  
   JAN-29-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-07-2002  H  ADDED AS A JOINT SPONSOR                 MURPHY                
   FEB-15-2002  H                        PENSION NOTE FILED                       
   FEB-15-2002  H                   COMMITTEE               RULES                 
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary