Bill Status of SB3945 102nd General Assembly
Short Description: PEN CD-ART 3 & 4 INVESTMENTS
Sen. Chris Lauzen
| 1/12/2011||Senate||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Pension Code. Provides that no more than 30% of a downstate police or downstate fire pension fund's assets may be invested in debt obligations of corporations subject to specified conditions. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
|Date||Chamber|| Action|| 9/16/2010||Senate||Filed with Secretary by Sen. Chris Lauzen|| 9/16/2010||Senate||First Reading|| 9/16/2010||Senate||Referred to Assignments|| 1/12/2011||Senate||Session Sine Die|