Illinois General Assembly - Full Text of HB1844
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Full Text of HB1844  102nd General Assembly

HB1844 102ND GENERAL ASSEMBLY

  
  

 


 
102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB1844

 

Introduced 2/17/2021, by Rep. Janet Yang Rohr

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 235/10 new

    Amends the Public Funds Investment Act. Provides that each public agency shall, on an annual basis, determine the carbon footprint of its investment portfolio in its use of public funds, and make available to the public a report of the findings. Provides that a public agency in determining the carbon footprint of its investment portfolio under this Section may utilize financial data providers to aid in the collection of the required information.


LRB102 09961 RJF 15279 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB1844LRB102 09961 RJF 15279 b

1    AN ACT concerning finance.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Public Funds Investment Act is amended by
5adding Section 10 as follows:
 
6    (30 ILCS 235/10 new)
7    Sec. 10. Public funds carbon footprint. Each public agency
8subject to the provisions of this Act shall, on an annual
9basis, determine the carbon footprint of its investment
10portfolio in its use of public funds, and make available to the
11public a report of the findings. A public agency in
12determining the carbon footprint of its investment portfolio
13under this Section may utilize financial data providers to aid
14in the collection of the required information.