Bill Status of SB 253   94th General Assembly

Short Description:  PEN CD-EMERGING INVESTMENT MGR

Senate Sponsors
Sen. Emil Jones, Jr.-Martin A. Sandoval

House Sponsors
(Rep. Robert Rita)


Last Action  View All Actions

DateChamber Action
  8/4/2005SenatePublic Act . . . . . . . . . 94-0471

Statutes Amended In Order of Appearance
40 ILCS 5/1-109.1from Ch. 108 1/2, par. 1-109.1

Synopsis As Introduced
Amends the Illinois Pension Code. Provides that the maximum value of the investment portfolio that an emerging investment manager manages is $2,000,000,000 (was, $400,000,000). Effective immediately.

 Pension Note (Commission on Gov't Forecasting and Accountability)
 Senate Bill 253 would not have a fiscal impact, as it merely expands the definition of "emerging investment manager".

Actions 
DateChamber Action
  2/3/2005SenateFiled with Secretary by Sen. Emil Jones, Jr.
  2/3/2005SenateFirst Reading
  2/3/2005SenateReferred to Rules
  2/17/2005SenateAssigned to Pensions & Investments
  3/2/2005SenateDo Pass Pensions & Investments; 010-000-000
  3/2/2005SenatePlaced on Calendar Order of 2nd Reading March 3, 2005
  3/11/2005SenatePension Note Filed from the Commission on Government Forecasting and Accountability.
  4/11/2005SenateSecond Reading
  4/11/2005SenatePlaced on Calendar Order of 3rd Reading April 12, 2005
  4/14/2005SenateAdded as Chief Co-Sponsor Sen. Martin A. Sandoval
  4/14/2005SenateThird Reading - Passed; 056-000-000
  4/14/2005HouseArrived in House
  4/14/2005HousePlaced on Calendar Order of First Reading
  4/25/2005HouseChief House Sponsor Rep. Robert Rita
  4/26/2005HouseFirst Reading
  4/26/2005HouseReferred to Rules Committee
  4/27/2005HouseAssigned to Personnel and Pensions Committee
  5/5/2005HouseDo Pass / Short Debate Personnel and Pensions Committee; 004-000-000
  5/5/2005HousePlaced on Calendar 2nd Reading - Short Debate
  5/10/2005HouseSecond Reading - Short Debate
  5/10/2005HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/17/2005HouseThird Reading - Short Debate - Passed 116-000-000
  5/17/2005SenatePassed Both Houses
  6/15/2005SenateSent to the Governor
  8/4/2005SenateGovernor Approved
  8/4/2005SenateEffective Date August 4, 2005
  8/4/2005SenatePublic Act . . . . . . . . . 94-0471

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