Date	Chamber	Action
1/10/2017	Senate	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/1-101.6 new

40 ILCS 5/1-101.7 new

40 ILCS 5/1-113.05 new

40 ILCS 5/1-113.1

40 ILCS 5/1-113.2

40 ILCS 5/1-113.3

40 ILCS 5/1-113.4

40 ILCS 5/1-113.4a

40 ILCS 5/1-113.5

40 ILCS 5/1-113.6

40 ILCS 5/1-113.7

40 ILCS 5/3-127

from Ch. 108 1/2, par. 3-127

40 ILCS 5/3-132

from Ch. 108 1/2, par. 3-132

40 ILCS 5/3-135

from Ch. 108 1/2, par. 3-135

40 ILCS 5/3-135.1 new

40 ILCS 5/3-135.2 new

40 ILCS 5/4-120

from Ch. 108 1/2, par. 4-120

40 ILCS 5/4-123

from Ch. 108 1/2, par. 4-123

40 ILCS 5/4-128

from Ch. 108 1/2, par. 4-128

40 ILCS 5/4-128.1 new

40 ILCS 5/4-128.2 new

40 ILCS 5/7-226 new

40 ILCS 5/7-227 new

30 ILCS 805/8.40 new

Synopsis As Introduced
Amends the Illinois Pension Code. Moves the investment power for eligible downstate police and downstate firefighter pension funds that have net assets in trust that exceed an amount equal to 3 months of current liabilities to the Board of Trustees of the Illinois Municipal Retirement Fund (IMRF). Provides that within 18 months of the effective date of the amendatory Act, the Department of Insurance shall audit the investment assets of each eligible pension fund to determine a certified investment asset list. Provides that upon receipt of the certified investment asset list, the Board of IMRF shall initiate the transfer of assets from the board of trustees of the eligible pension fund to the Board of IMRF. Makes conforming changes. Amends the State Mandates Act to require implementation without reimbursement.

Actions 

Date	Chamber	Action
11/29/2016	Senate	Filed with Secretary by Sen. Michael E. Hastings
11/29/2016	Senate	First Reading
11/29/2016	Senate	Referred to Assignments
1/10/2017	Senate	Session Sine Die

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