IL SB2060 | 2019-2020 | 101st General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Engrossed) [HTML]

Summary

Amends the General Provisions Article of the Illinois Pension Code. In a provision requiring a retirement system, pension fund, or investment board to adopt a policy setting forth goals for the utilization of emerging investment managers, provides that the goals established shall be based on the percentage of total fees paid under (instead of the total dollar amount of) investment contracts let to minority-owned businesses, women-owned businesses, and businesses owned by a person with a disability. Requires the goals to be established on or before January 1, 2020. Effective immediately.

Tracking Information

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Title

PEN CD-INVESTMENT GOALS

Sponsors


Roll Calls

2019-04-10 - Senate - Third Reading in Senate (Y: 56 N: 0 NV: 3 Abs: 0) [PASS]

History

DateChamberAction
2021-01-13SenateSession Sine Die
2020-12-01SenateChief Sponsor Changed to Sen. Don Harmon
2019-05-10HouseRule 19(a) / Re-referred to Rules Committee
2019-04-30HouseAssigned to Personnel & Pensions Committee
2019-04-11HouseReferred to Rules Committee
2019-04-11HouseFirst Reading
2019-04-11HouseChief House Sponsor Rep. Robert Martwick
2019-04-11HouseArrived in House
2019-04-10SenateThird Reading - Passed; 056-000-000
2019-04-10SenatePlaced on Calendar Order of 3rd Reading
2019-04-10SenateSenate Floor Amendment No. 1 Adopted; Martinez
2019-04-10SenateRecalled to Second Reading
2019-04-10SenateSenate Floor Amendment No. 1 Recommend Do Adopt Government Accountability and Ethics; 007-000-000
2019-04-09SenatePlaced on Calendar Order of 3rd Reading April 10, 2019
2019-04-09SenateSecond Reading
2019-04-09SenateSenate Floor Amendment No. 1 Assignments Refers to Government Accountability and Ethics
2019-04-05SenateSenate Floor Amendment No. 1 Referred to Assignments
2019-04-05SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Iris Y. Martinez
2019-03-20SenatePlaced on Calendar Order of 2nd Reading March 21, 2019
2019-03-20SenateDo Pass Government Accountability and Ethics; 006-000-000
2019-03-05SenateAssigned to Government Accountability and Ethics
2019-02-15SenateReferred to Assignments
2019-02-15SenateFirst Reading
2019-02-15SenateFiled with Secretary by Sen. Iris Y. Martinez

Code Citations

ChapterArticleSectionCitation TypeStatute Text
4051-109.1Amended CodeCitation Text

Illinois State Sources


Bill Comments

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