Illinois General Assembly - Bill Status for HB6117

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Bill Status of HB6117 102nd General Assembly

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Short Description: PEN CD-IL FIDUCIARY COLLEGE

House Sponsors
Rep. Elaine Nekritz

Last Action

Date	Chamber	Action
1/11/2011	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/1-113.15 new

Synopsis As Introduced
Amends the Illinois Pension Code. Requires the University of Illinois to create and maintain a fiduciary college for the purpose of educating pension fund, retirement system, and investment board members and staffs on ethics, fiduciary duty, investment issues, and any other curriculum. Requires all board members of any fund created under the Code, except those created under the Downstate Police and Downstate Fire Articles, to attend training of at least 8 hours per year at the Illinois Fiduciary College. Provides that downstate police and fire pension funds may opt to participate in these classes, and in doing so, board members shall fulfill any requirements for training otherwise required by the Code. Effective immediately.

Actions

Date	Chamber	Action
2/11/2010	House	Filed with the Clerk by Rep. Elaine Nekritz
2/11/2010	House	First Reading
2/11/2010	House	Referred to Rules Committee
2/22/2010	House	Assigned to Personnel and Pensions Committee
3/15/2010	House	Rule 19(a) / Re-referred to Rules Committee
1/11/2011	House	Session Sine Die

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