Illinois General Assembly - Bill Status for HB3547

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Bill Status of HB3547 101st General Assembly

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Short Description: FIREFIGHTER PENSION FUND

House Sponsors
Rep. Robert Rita

Last Action

Date	Chamber	Action
1/13/2021	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/1-113.4b new

Synopsis As Introduced
Amends the General Provisions Article of the Illinois Pension Code. Provides that a firefighters' pension fund may invest up to 75% of the net present assets in common or preferred stocks. Provides that any corporate bonds held by the pension fund shall be deemed fixed income. Effective immediately.

Actions

Date	Chamber	Action
2/15/2019	House	Filed with the Clerk by Rep. Robert Rita
2/15/2019	House	First Reading
2/15/2019	House	Referred to Rules Committee
3/5/2019	House	Assigned to Executive Committee
3/29/2019	House	Rule 19(a) / Re-referred to Rules Committee
1/13/2021	House	Session Sine Die

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