Illinois General Assembly - Bill Status for SB2312

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Bill Status of SB2312 101st General Assembly

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Short Description: PENSION INVESTMENT FUNDS

Senate Sponsors
Sen. Jason Plummer

Last Action

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

Statutes Amended In Order of Appearance

40 ILCS 5/22B-118

40 ILCS 5/22C-118

Synopsis As Introduced
If and only if Senate Bill 1300 of the 101st General Assembly becomes law in the form in which it passed both houses, amends the Police Officers' Pension Investment Fund and the Firefighters' Pension Investment Fund Articles of the Illinois Pension Code. Provides that if a participating pension fund account is commingled with any other participating pension fund account, then the balance of the commingled accounts shall be returned to those participating pension funds in accordance with the value of the pension fund assets attributable to each fund. Effective immediately or on the date Senate Bill 1300 of the 101st General Assembly takes effect, whichever is later.

Actions

Date	Chamber	Action
11/14/2019	Senate	Filed with Secretary by Sen. Jason Plummer
11/14/2019	Senate	First Reading
11/14/2019	Senate	Referred to Assignments
1/13/2021	Senate	Session Sine Die

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