Illinois General Assembly - Bill Status for SB2456
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 Bill Status of SB2456  102nd General Assembly


Short Description:  PENSION-SURS/TRS-INVESTMENTS

Senate Sponsors
Sen. Jeffrey M. Schoenberg, Kyle McCarter and Dale A. Righter

House Sponsors
(Rep. Patrick J. Verschoore)

Last Action
DateChamber Action
  1/12/2011SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/15-167.1from Ch. 108 1/2, par. 15-167.1
40 ILCS 5/16-179.1from Ch. 108 1/2, par. 16-179.1


Synopsis As Introduced
Amends the State Universities and Downstate Teacher Articles of the Illinois Pension Code. Allows the board of trustees to transfer to the Illinois State Board of Investment, for management and administration, all investments owned by the system by resolution duly adopted by a record vote of three-fifths of its membership (rather than by a majority vote of its membership). Effective immediately.

Actions 
DateChamber Action
  5/14/2009SenateFiled with Secretary by Sen. Jeffrey M. Schoenberg
  5/14/2009SenateFirst Reading
  5/14/2009SenateReferred to Assignments
  2/10/2010SenateAssigned to Pensions and Investments
  2/24/2010SenateAdded as Co-Sponsor Sen. Kyle McCarter
  2/24/2010SenateDo Pass Pensions and Investments; 009-000-000
  2/24/2010SenatePlaced on Calendar Order of 2nd Reading February 25, 2010
  2/25/2010SenateSecond Reading
  2/25/2010SenatePlaced on Calendar Order of 3rd Reading March 2, 2010
  3/11/2010SenateAdded as Co-Sponsor Sen. Dale A. Righter
  3/11/2010SenateThird Reading - Passed; 057-000-000
  3/11/2010HouseArrived in House
  3/11/2010HouseChief House Sponsor Rep. Patrick J. Verschoore
  3/11/2010HousePlaced on Calendar Order of First Reading
  3/11/2010HouseFirst Reading
  3/11/2010HouseReferred to Rules Committee
  1/12/2011SenateSession Sine Die

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