Bill Status of HB 5057   96th General Assembly

Short Description:  U OF I-INVESTMENT REVIEW

House Sponsors
Rep. Michael J. Madigan-Monique D. Davis

Senate Sponsors
(Sen. John J. Cullerton and Martin A. Sandoval-Mattie Hunter-Christine Radogno)


Last Action  View All Actions

DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
110 ILCS 355/3000-10 new

Synopsis As Introduced
Amends the University of Illinois Exercise of Functions and Duties Law of the Civil Administrative Code of Illinois. Creates an Investment Review Commission within the University, to be appointed by the President. Directs the Commission to review the reliability of the investment rating sources and tools used by agencies of the State, including the Office of the State Treasurer, the Illinois State Board of Investment, and the State-funded retirement systems. Directs the Commission to identify any investment rating sources or tools that it finds to be unreliable for the purposes for which they are being used. Directs the Commission to report its findings and recommendations at least annually to the Governor, the State Treasurer, and the General Assembly. Effective immediately.

Senate Committee Amendment No. 1
Deletes reference to:
110 ILCS 355/3000-10 new
Adds reference to:
110 ILCS 355/3000-1

Replaces everything after the enacting clause. Amends the University of Illinois Exercise of Functions and Duties Law of the Civil Administrative Code of Illinois. Makes a technical change in the short title Section.

Senate Floor Amendment No. 2
Deletes reference to:
110 ILCS 355/3000-1
Adds reference to:
5 ILCS 420/3A-40 new

Replaces everything after the enacting clause. Amends the Illinois Governmental Ethics Act. Provides that holdover appointees, temporary appointees, and acting appointees to offices requiring Senate confirmation may not continue in office longer than stated limited periods. Effective immediately.

Senate Floor Amendment No. 3
Exempts appointments to the State Board of Elections from the restrictions on continuation in office beyond stated limited periods.

Actions 
DateChamber Action
  1/25/2010HouseFiled with the Clerk by Rep. Kevin Joyce
  1/25/2010HouseFirst Reading
  1/25/2010HouseReferred to Rules Committee
  2/23/2010HouseAssigned to Personnel and Pensions Committee
  3/11/2010HouseDo Pass / Short Debate Personnel and Pensions Committee; 010-000-000
  3/11/2010HousePlaced on Calendar 2nd Reading - Short Debate
  3/18/2010HouseSecond Reading - Short Debate
  3/18/2010HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/23/2010HouseAdded Chief Co-Sponsor Rep. Monique D. Davis
  3/23/2010HouseThird Reading - Short Debate - Passed 102-013-000
  3/24/2010SenateArrive in Senate
  3/24/2010SenatePlaced on Calendar Order of First Reading
  3/24/2010SenateChief Senate Sponsor Sen. Kwame Raoul
  3/24/2010SenateFirst Reading
  3/24/2010SenateReferred to Assignments
  4/6/2010SenateAssigned to Higher Education
  4/14/2010SenatePostponed - Higher Education
  4/20/2010SenatePostponed - Higher Education
  4/21/2010SenateAdded as Alternate Co-Sponsor Sen. Martin A. Sandoval
  4/23/2010SenateRule 3-9(a) / Re-referred to Assignments
  4/29/2010SenateRe-assigned to Executive
  4/30/2010SenateAdded as Alternate Chief Co-Sponsor Sen. Mattie Hunter
  5/3/2010SenateRule 2-10 Committee Deadline Established As May 7, 2010
  5/4/2010SenateAlternate Chief Sponsor Changed to Sen. John J. Cullerton
  5/5/2010SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton
  5/5/2010SenateSenate Committee Amendment No. 1 Referred to Assignments
  5/5/2010SenateSenate Committee Amendment No. 1 Assignments Refers to Executive
  5/5/2010SenateSenate Committee Amendment No. 1 Adopted
  5/5/2010SenateDo Pass as Amended Executive; 008-005-000
  5/5/2010SenatePlaced on Calendar Order of 2nd Reading May 5, 2010
  5/5/2010SenateSecond Reading
  5/5/2010SenatePlaced on Calendar Order of 3rd Reading May 6, 2010
  6/27/2010SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  11/18/2010SenateApproved for Consideration Assignments
  11/18/2010SenatePlaced on Calendar Order of 3rd Reading November 30, 2010
  11/18/2010SenateRule 2-10 Committee/3rd Reading Deadline Established As January 11, 2011
  11/18/2010SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. John J. Cullerton
  11/18/2010SenateSenate Floor Amendment No. 2 Referred to Assignments
  11/18/2010SenateSenate Floor Amendment No. 2 Assignments Refers to Executive
  11/18/2010HouseChief Sponsor Changed to Rep. Michael J. Madigan
  11/29/2010SenateSenate Floor Amendment No. 3 Filed with Secretary by Sen. John J. Cullerton
  11/29/2010SenateSenate Floor Amendment No. 3 Referred to Assignments
  11/29/2010SenateSenate Floor Amendment No. 3 Assignments Refers to Executive
  11/30/2010SenateSenate Floor Amendment No. 2 Recommend Do Adopt Executive; 010-000-000
  11/30/2010SenateSenate Floor Amendment No. 3 Recommend Do Adopt Executive; 010-000-000
  12/1/2010SenateAdded as Alternate Chief Co-Sponsor Sen. Christine Radogno
  12/2/2010SenateRecalled to Second Reading
  12/2/2010SenateSenate Floor Amendment No. 2 Adopted; Cullerton
  12/2/2010SenateSenate Floor Amendment No. 3 Adopted; Cullerton
  12/2/2010SenatePlaced on Calendar Order of 3rd Reading
  12/2/2010Senate3/5 Vote Required
  12/2/2010SenateThird Reading - Passed; 052-000-000
  12/2/2010HouseArrived in House
  12/2/2010HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1, 2, 3
  1/11/2011HouseSession Sine Die

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