Date	Chamber	Action
1/13/2021	Senate	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/1-109.1

from Ch. 108 1/2, par. 1-109.1

Synopsis As Introduced
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.

Senate Floor Amendment No. 1
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 dollar amount of 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. Makes related changes. Provides that it shall be the aspirational goal for a retirement system, pension fund, or investment board subject to this Code to use emerging investment managers for not less than 20% of the fees paid in each asset class (instead of 20% of the total funds under management).

Actions 

Date	Chamber	Action
2/15/2019	Senate	Filed with Secretary by Sen. Iris Y. Martinez
2/15/2019	Senate	First Reading
2/15/2019	Senate	Referred to Assignments
3/5/2019	Senate	Assigned to Government Accountability and Ethics
3/20/2019	Senate	Do Pass Government Accountability and Ethics; 006-000-000
3/20/2019	Senate	Placed on Calendar Order of 2nd Reading March 21, 2019
4/5/2019	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. Iris Y. Martinez
4/5/2019	Senate	Senate Floor Amendment No. 1 Referred to Assignments
4/9/2019	Senate	Senate Floor Amendment No. 1 Assignments Refers to Government Accountability and Ethics
4/9/2019	Senate	Second Reading
4/9/2019	Senate	Placed on Calendar Order of 3rd Reading April 10, 2019
4/10/2019	Senate	Senate Floor Amendment No. 1 Recommend Do Adopt Government Accountability and Ethics; 007-000-000
4/10/2019	Senate	Recalled to Second Reading
4/10/2019	Senate	Senate Floor Amendment No. 1 Adopted; Martinez
4/10/2019	Senate	Placed on Calendar Order of 3rd Reading
4/10/2019	Senate	Third Reading - Passed; 056-000-000
4/11/2019	House	Arrived in House
4/11/2019	House	Chief House Sponsor Rep. Robert Martwick
4/11/2019	House	First Reading
4/11/2019	House	Referred to Rules Committee
4/30/2019	House	Assigned to Personnel & Pensions Committee
5/10/2019	House	Rule 19(a) / Re-referred to Rules Committee
12/1/2020	Senate	Chief Sponsor Changed to Sen. Don Harmon
1/13/2021	Senate	Session Sine Die

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