SB 2456 Illinois Senate · 96th Regular Session

PENSION-SURS/TRS-INVESTMENTS

Summary
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.
Bill status failed 3 of 5 stages cleared
Introduction
Mar 2010
Committee Review
Mar 2010
Senate Passage
Mar 2010
House Passage
Governor
Introduced Mar 11, 2010 Last action Jan 12, 2011
Floor votes · Senate Mar 11, 2010

How they voted

520
Passed · 2 other
Total votes 54
Mar 11, 2010
D Democratic34
32 Yea 2
94% Yea
R Republican20
20 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
18
Key actions
2
Committee
4
Mar 11, 2010
Committee
Referred to Rules Committee
lower
Mar 11, 2010
Introduced
Arrived in House
lower
Mar 11, 2010
Senate · Passed
Senate Vote: pass (52-0-2)
senate
Feb 24, 2010
Upper · Passed
Do Pass Pensions and Investments; 009-000-000
upper
Feb 10, 2010
Committee
Assigned to Pensions and Investments
upper
May 14, 2009
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.