Date	Chamber	Action
1/13/2009	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/1-111

from Ch. 108 1/2, par. 1-111

Synopsis As Introduced
Amends the Illinois Pension Code. Provides that a retirement system or pension fund established under the Downstate Police, Downstate Firefighters, or Illinois Municipal Retirement Fund Article may not acquire a security issued by an employer of employees covered by any retirement system or pension fund under any of those Articles, including itself, if immediately after such acquisition, the aggregate fair market value of all such employer securities held by the retirement system or pension fund exceeds 10% of the fair market value of the assets of the retirement system or pension fund. Effective immediately.

House Amendment No. 1
Removes references to the Illinois Municipal Retirement Fund Article (Article 7) from the bill.

Actions 

Date	Chamber	Action
2/13/2007	House	Filed with the Clerk by Rep. Jim Watson
2/15/2007	House	First Reading
2/15/2007	House	Referred to Rules Committee
2/20/2007	House	Assigned to Executive Committee
3/6/2007	House	Re-assigned to Personnel and Pensions Committee
3/22/2007	House	Do Pass / Short Debate Personnel and Pensions Committee; 004-000-000
3/22/2007	House	Placed on Calendar 2nd Reading - Short Debate
3/28/2007	House	House Amendment No. 1 Filed with Clerk by Rep. Jim Watson
3/28/2007	House	House Amendment No. 1 Referred to Rules Committee
4/16/2007	House	House Amendment No. 1 Recommends Be Adopted Rules Committee; 003-000-000
4/24/2007	House	Second Reading - Short Debate
4/24/2007	House	House Amendment No. 1 Adopted by Voice Vote
4/24/2007	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/27/2007	House	Third Reading/Final Action Deadline Extended-9(b) May 3, 2007
5/3/2007	House	Third Reading/Final Action Deadline Extended-9(b) May 10, 2007
5/10/2007	House	Third Reading/Final Action Deadline Extended-9(b) May 18, 2007
5/15/2007	House	Third Reading - Short Debate - Passed 114-000-000
5/16/2007	Senate	Arrive in Senate
5/16/2007	Senate	Placed on Calendar Order of First Reading May 17, 2007
1/13/2009	House	Session Sine Die

Back To Top