Bill Status of HB 5574   94th General Assembly


Short Description:  PENCD-QUAL PRIV MARKT FUNDS

House Sponsors
Rep. Richard T. Bradley

Last Action  View All Actions

DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/1-110.5

Synopsis As Introduced
Amends the Illinois Pension Code. Prohibits investments in any entity other than a qualified private market fund. Defines a qualified private market fund as a private market fund that will not knowingly invest assets of a retirement system or pension fund in any company that (i) has facilities or employees in the Republic of the Sudan or (ii) conducts a commercial business in the Republic of the Sudan. Effective immediately, but not earlier than January 27, 2006.

Actions 
DateChamber Action
  2/7/2006HouseFiled with the Clerk by Rep. Richard T. Bradley
  2/7/2006HouseFirst Reading
  2/7/2006HouseReferred to Rules Committee
  2/7/2006HouseAssigned to Personnel and Pensions Committee
  2/17/2006HouseRule 19(a) / Re-referred to Rules Committee
  1/9/2007HouseSession Sine Die

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