Date	Chamber	Action
1/7/2025	House	Session Sine Die

Statutes Amended In Order of Appearance

15 ILCS 520/22.10 new

30 ILCS 235/2.4 new

30 ILCS 500/50-36.5 new

40 ILCS 5/1-110.16

110 ILCS 205/9.42

Synopsis As Introduced
Amends the Deposit of State Moneys Act and the Public Funds Investment Act. Prohibits the investment of State moneys and public funds in certain investments or institutions tied to the Chinese Communist Party or the People's Republic of China. Amends the Procurement Code. Provides that each bid or offer submitted for a State contract shall include a disclosure of whether or not the bidder, offeror, or any of its corporate parents or subsidiaries, within the 24 months before submission of the bid or offer had business operations that involved contracts with or provision of supplies or services to the Chinese Communist Party and certain other companies tied to the Chinese Communist Party. Amends the Illinois Pension Code. Provides that the State-funded retirement systems shall not invest moneys in Chinese Communist Party sovereign debt, Chinese Communist Party-backed securities, any investment instrument issued by an entity that is domiciled or has its principal place of business in the People's Republic of China, or any investment instrument issued by a company that is subject to Chinese Military-Industrial Complex Companies Sanctions. Provides that as soon as practicable, each State-funded retirement system shall instruct its investment advisors to sell, redeem, divest, or withdraw all direct holdings of Chinese Communist Party sovereign debt and direct holdings of Chinese Communist Party-backed securities. Requires the Illinois Investment Policy Board to make its best efforts to identify all companies that are domiciled or have their principal place of business in the People's Republic of China and companies subject to Chinese Military-Industrial Complex Companies Sanctions and to include those companies in the list of restricted companies. Makes other changes. Amends the Board of Higher Education Act. Provides that the Board of Higher Education shall require a public institution of higher education to disclose to the Board any endowment or other donation given to the institution from a source associated with any company that is domiciled or has its principal place of business in the People's Republic of China and is on the list of restricted companies developed by the Illinois Investment Policy Board. Makes other changes.

Actions 

Date	Chamber	Action
2/16/2023	House	Filed with the Clerk by Rep. Blaine Wilhour
2/16/2023	House	First Reading
2/16/2023	House	Referred to Rules Committee
2/28/2023	House	Assigned to Appropriations-General Services Committee
3/1/2023	House	Added Co-Sponsor Rep. Christopher "C.D." Davidsmeyer
3/1/2023	House	Added Co-Sponsor Rep. Joe C. Sosnowski
3/1/2023	House	Added Co-Sponsor Rep. Jeff Keicher
3/1/2023	House	Added Co-Sponsor Rep. Charles Meier
3/1/2023	House	Added Co-Sponsor Rep. Kevin Schmidt
3/1/2023	House	Added Co-Sponsor Rep. Amy Elik
3/1/2023	House	Added Co-Sponsor Rep. Randy E. Frese
3/2/2023	House	Added Co-Sponsor Rep. Brad Halbrook
3/2/2023	House	Added Chief Co-Sponsor Rep. Brad Halbrook
3/2/2023	House	Removed Co-Sponsor Rep. Brad Halbrook
3/2/2023	House	Added Co-Sponsor Rep. Adam M. Niemerg
3/2/2023	House	Added Co-Sponsor Rep. Dan Caulkins
3/2/2023	House	Added Co-Sponsor Rep. Martin McLaughlin
3/2/2023	House	Added Co-Sponsor Rep. Amy L. Grant
3/9/2023	House	Do Pass / Short Debate Appropriations-General Services Committee; 010-000-000
3/9/2023	House	Placed on Calendar 2nd Reading - Short Debate
3/16/2023	House	Added Co-Sponsor Rep. Chris Miller
3/22/2023	House	Second Reading - Short Debate
3/22/2023	House	Held on Calendar Order of Second Reading - Short Debate
3/24/2023	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/27/2023	House	Rule 19(a) / Re-referred to Rules Committee
9/8/2023	House	Added Co-Sponsor Rep. Travis Weaver
1/7/2025	House	Session Sine Die

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