Bill Status of HB3444 102nd General Assembly
Short Description: PUBLIC FUNDS INVESTMENT-VOTING
Rep. Janet Yang Rohr, Dave Vella and Maura Hirschauer
| 3/27/2021||House||Rule 19(a) / Re-referred to Rules Committee|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Public Funds Investment Act. Provides that on any investment of public funds by the State of Illinois, or by a State official on behalf of the State, that entitles the State to a shareholder voting interest in a corporation, the State, or a designated State official, shall issue votes in its capacity as a shareholder. Provides that any vote made by the State in its capacity as a shareholder shall be recorded and reported to the General Assembly, and made publicly available on the Internet website of the State Treasurer.