Date	Chamber	Action
7/28/2023	House	Public Act . . . . . . . . . 103-0324

Statutes Amended In Order of Appearance

30 ILCS 238/10

30 ILCS 238/20

Synopsis As Introduced
Amends the Illinois Sustainable Investing Act. Provides that, effective January 1, 2024, every investment manager shall comply with annual disclosure requirements that will require the investment manager to provide a description of the process through which the manager prudently integrates sustainability factors into its investment decision-making, investment analysis, portfolio construction, due diligence, and investment ownership in order to maximize anticipated financial returns, identify and minimize projected risk, and execute its fiduciary duties more effectively. Provides that the investment manager shall provide the annual disclosure to each public agency, pension fund, retirement system, or governmental unit for whom the investment manager is acting as a fiduciary or seeking selection as a fiduciary prior to acting in this capacity and at least annually thereafter. Provides that annual disclosures shall be submitted by January 31st of every year after the effective date of the amendatory Act. Defines "investment manager".

House Floor Amendment No. 1
Removes the requirement that annual disclosures shall be submitted by January 31st of every year. Makes technical changes in the provision concerning annual disclosures.

Actions 

Date	Chamber	Action
2/16/2023	House	Filed with the Clerk by Rep. Ann M. Williams
2/16/2023	House	First Reading
2/16/2023	House	Referred to Rules Committee
2/23/2023	House	Assigned to Financial Institutions and Licensing Committee
3/7/2023	House	Do Pass / Short Debate Financial Institutions and Licensing Committee; 008-004-000
3/8/2023	House	Placed on Calendar 2nd Reading - Short Debate
3/16/2023	House	House Floor Amendment No. 1 Filed with Clerk by Rep. Ann M. Williams
3/16/2023	House	House Floor Amendment No. 1 Referred to Rules Committee
3/16/2023	House	Added Chief Co-Sponsor Rep. Laura Faver Dias
3/16/2023	House	Added Chief Co-Sponsor Rep. Will Guzzardi
3/16/2023	House	Added Chief Co-Sponsor Rep. Kelly M. Cassidy
3/16/2023	House	Added Chief Co-Sponsor Rep. Eva-Dina Delgado
3/20/2023	House	House Floor Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee
3/21/2023	House	House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee; 009-003-000
3/22/2023	House	Added Co-Sponsor Rep. Margaret Croke
3/22/2023	House	Added Co-Sponsor Rep. Rita Mayfield
3/22/2023	House	Added Co-Sponsor Rep. Sonya M. Harper
3/22/2023	House	Added Co-Sponsor Rep. Barbara Hernandez
3/22/2023	House	Second Reading - Short Debate
3/22/2023	House	House Floor Amendment No. 1 Adopted
3/22/2023	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/23/2023	House	Added Co-Sponsor Rep. Jawaharial Williams
3/23/2023	House	Added Co-Sponsor Rep. Jaime M. Andrade, Jr.
3/23/2023	House	Added Co-Sponsor Rep. Katie Stuart
3/23/2023	House	Third Reading - Short Debate - Passed 079-026-001
3/27/2023	Senate	Arrive in Senate
3/27/2023	Senate	Placed on Calendar Order of First Reading
3/27/2023	Senate	Chief Senate Sponsor Sen. Ram Villivalam
3/27/2023	Senate	First Reading
3/27/2023	Senate	Referred to Assignments
4/12/2023	Senate	Assigned to Financial Institutions
4/26/2023	Senate	Do Pass Financial Institutions; 005-003-000
4/26/2023	Senate	Placed on Calendar Order of 2nd Reading April 27, 2023
4/27/2023	Senate	Second Reading
4/27/2023	Senate	Placed on Calendar Order of 3rd Reading May 2, 2023
5/11/2023	Senate	Rule 2-10 Third Reading Deadline Established As May 25, 2023
5/12/2023	Senate	Rule 2-10 Third Reading Deadline Established As May 19, 2023
5/19/2023	Senate	Rule 2-10 Third Reading Deadline Established As May 25, 2023
5/25/2023	Senate	Third Reading - Passed; 035-019-000
5/25/2023	House	Passed Both Houses
6/22/2023	House	Sent to the Governor
7/28/2023	House	Governor Approved
7/28/2023	House	Effective Date January 1, 2024
7/28/2023	House	Public Act . . . . . . . . . 103-0324

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