Illinois General Assembly - Bill Status for SB0437
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 Bill Status of SB0437  99th General Assembly


Short Description:  PENSION-INVESTMENT SERVICES

Senate Sponsors
Sen. John J. Cullerton

House Sponsors
(Rep. Barbara Flynn Currie - Jehan Gordon-Booth, Camille Y. Lilly, Kenneth Dunkin, Elgie R. Sims, Jr. and Marcus C. Evans, Jr.)

Last Action
DateChamber Action
  6/23/2015HouseThird Reading - Standard Debate - Lost 053-046-002

Statutes Amended In Order of Appearance
40 ILCS 5/12-109from Ch. 108 1/2, par. 12-109


Synopsis As Introduced
Amends the Illinois Pension Code. Makes a technical change in a Section concerning the Chicago Park District.

Senate Floor Amendment No. 2
Deletes reference to:
40 ILCS 5/12-109
Adds reference to:
40 ILCS 5/1-113.14

Replaces everything after the enacting clause. Amends the General Provisions Article of the Illinois Pension Code. In a Section concerning investment services for pension funds, adds an exception to the procurement requirements for contracts with an emerging investment manager that has invested assets of the pension fund within a manager of managers services agreement.

House Floor Amendment No. 1
Deletes reference to:
40 ILCS 5/1-113.14
Adds reference to:
40 ILCS 5/17-129from Ch. 108 1/2, par. 17-129

Replaces everything after the enacting clause. Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that the Chicago Board of Education's total required contribution to the Public School Teachers' Pension and Retirement Fund of Chicago for fiscal year 2015 shall be made on or before August 10, 2015. Effective immediately.

Actions 
DateChamber Action
  1/28/2015SenateFiled with Secretary by Sen. John J. Cullerton
  1/28/2015SenateFirst Reading
  1/28/2015SenateReferred to Assignments
  3/18/2015SenateAssigned to Executive
  3/26/2015SenateDo Pass Executive; 016-000-000
  3/26/2015SenatePlaced on Calendar Order of 2nd Reading April 14, 2015
  4/15/2015SenateSecond Reading
  4/15/2015SenatePlaced on Calendar Order of 3rd Reading April 16, 2015
  4/17/2015SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Iris Y. Martinez
  4/17/2015SenateSenate Floor Amendment No. 1 Referred to Assignments
  4/21/2015SenateChief Sponsor Changed to Sen. Iris Y. Martinez
  4/21/2015SenateSenate Floor Amendment No. 1 Assignments Refers to Licensed Activities and Pensions
  4/22/2015SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Iris Y. Martinez
  4/22/2015SenateSenate Floor Amendment No. 2 Referred to Assignments
  4/22/2015SenateSenate Floor Amendment No. 2 Assignments Refers to Licensed Activities and Pensions
  4/23/2015SenateSenate Floor Amendment No. 1 Postponed - Licensed Activities and Pensions
  4/23/2015SenateSenate Floor Amendment No. 2 Recommend Do Adopt Licensed Activities and Pensions; 010-002-000
  4/23/2015SenateRecalled to Second Reading
  4/23/2015SenateSenate Floor Amendment No. 2 Adopted; Martinez
  4/23/2015SenatePlaced on Calendar Order of 3rd Reading
  4/23/2015SenateThird Reading - Passed; 040-011-000
  4/23/2015SenateSenate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
  4/24/2015HouseArrived in House
  4/24/2015HouseChief House Sponsor Rep. Michael J. Zalewski
  4/24/2015HouseFirst Reading
  4/24/2015HouseReferred to Rules Committee
  5/4/2015HouseAssigned to Personnel and Pensions Committee
  5/8/2015HouseCommittee Deadline Extended-Rule 9(b) May 15, 2015
  5/13/2015HouseDo Pass / Standard Debate Personnel and Pensions Committee; 005-004-000
  5/14/2015HousePlaced on Calendar 2nd Reading - Standard Debate
  5/20/2015HouseAlternate Chief Sponsor Changed to Rep. Christian L. Mitchell
  5/20/2015HouseSecond Reading - Standard Debate
  5/20/2015HousePlaced on Calendar Order of 3rd Reading - Standard Debate
  5/22/2015HouseFinal Action Deadline Extended-9(b) May 31, 2015
  5/26/2015HouseAdded Alternate Chief Co-Sponsor Rep. Jehan Gordon-Booth
  5/26/2015HouseThird Reading - Consideration Postponed
  5/26/2015HousePlaced on Calendar - Consideration Postponed
  5/26/2015HouseAdded Alternate Co-Sponsor Rep. Camille Y. Lilly
  5/26/2015HouseAdded Alternate Co-Sponsor Rep. Kenneth Dunkin
  5/26/2015HouseAdded Alternate Co-Sponsor Rep. Elgie R. Sims, Jr.
  5/26/2015HouseAdded Alternate Co-Sponsor Rep. Marcus C. Evans, Jr.
  5/31/2015HouseRule 19(a) / Re-referred to Rules Committee
  6/22/2015HouseApproved for Consideration Rules Committee; 003-001-000
  6/22/2015HouseFinal Action Deadline Extended-9(b) June 30, 2015
  6/22/2015HouseThird Reading - Consideration Postponed
  6/22/2015HousePlaced on Calendar - Consideration Postponed
  6/23/2015HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Barbara Flynn Currie
  6/23/2015HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  6/23/2015HouseHouse Floor Amendment No. 1 Rules Refers to Executive Committee
  6/23/2015HouseAlternate Chief Sponsor Changed to Rep. Barbara Flynn Currie
  6/23/2015HouseHouse Floor Amendment No. 1 Recommends Be Adopted Executive Committee; 008-002-000
  6/23/2015SenateChief Sponsor Changed to Sen. John J. Cullerton
  6/23/2015HouseRecalled to Second Reading - Standard Debate
  6/23/2015HouseHouse Floor Amendment No. 1 Adopted
  6/23/2015HousePlaced on Calendar Order of 3rd Reading - Standard Debate
  6/23/2015House3/5 Vote Required
  6/23/2015HouseThird Reading - Standard Debate - Lost 053-046-002
  6/23/2015HouseMotion Filed to Reconsider Vote Rep. Lou Lang
  1/3/2016HouseRule 19(b) / Motion Referred to Rules Committee

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