Illinois General Assembly - Bill Status for SB2456

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Bill Status of SB2456 96th General Assembly

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Short Description: PENSION-SURS/TRS-INVESTMENTS

Senate Sponsors
Sen. Jeffrey M. Schoenberg, Kyle McCarter and Dale A. Righter

House Sponsors
(Rep. Patrick J. Verschoore)

Last Action

Date	Chamber	Action
1/12/2011	Senate	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/15-167.1

from Ch. 108 1/2, par. 15-167.1

40 ILCS 5/16-179.1

from Ch. 108 1/2, par. 16-179.1

Synopsis As Introduced
Amends the State Universities and Downstate Teacher Articles of the Illinois Pension Code. Allows the board of trustees to transfer to the Illinois State Board of Investment, for management and administration, all investments owned by the system by resolution duly adopted by a record vote of three-fifths of its membership (rather than by a majority vote of its membership). Effective immediately.

Actions

Date	Chamber	Action
5/14/2009	Senate	Filed with Secretary by Sen. Jeffrey M. Schoenberg
5/14/2009	Senate	First Reading
5/14/2009	Senate	Referred to Assignments
2/10/2010	Senate	Assigned to Pensions and Investments
2/24/2010	Senate	Added as Co-Sponsor Sen. Kyle McCarter
2/24/2010	Senate	Do Pass Pensions and Investments; 009-000-000
2/24/2010	Senate	Placed on Calendar Order of 2nd Reading February 25, 2010
2/25/2010	Senate	Second Reading
2/25/2010	Senate	Placed on Calendar Order of 3rd Reading March 2, 2010
3/11/2010	Senate	Added as Co-Sponsor Sen. Dale A. Righter
3/11/2010	Senate	Third Reading - Passed; 057-000-000
3/11/2010	House	Arrived in House
3/11/2010	House	Chief House Sponsor Rep. Patrick J. Verschoore
3/11/2010	House	Placed on Calendar Order of First Reading
3/11/2010	House	First Reading
3/11/2010	House	Referred to Rules Committee
1/12/2011	Senate	Session Sine Die

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