Rep. Janet Yang Rohr

Filed: 3/18/2021

 

 


 

 


 
10200HB1844ham001LRB102 09961 RPS 23767 a

1
AMENDMENT TO HOUSE BILL 1844

2    AMENDMENT NO. ______. Amend House Bill 1844 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The Illinois Pension Code is amended by adding
5Section 1-113.24 as follows:
 
6    (40 ILCS 5/1-113.24 new)
7    Sec. 1-113.24. Investment carbon footprint. Every
8retirement system, pension fund, or investment board subject
9to this Code shall, on an annual basis, determine the carbon
10footprint of its investment portfolio's direct holdings in
11publicly traded common stocks and make available to the public
12a report of the findings. In determining the carbon footprint
13of its investment portfolio under this Section, a retirement
14system, pension fund, or investment board may utilize
15financial data providers to aid in the collection of the
16required information.".