Sign Up
SB 3162 Illinois Senate · 96th Regular Session

PEN CD-FUND-OF-FUND MANAGEMT

Summary
Amends the Illinois Pension Code. Requires that a description of every contract for qualified fund-of-fund management services must be posted in a conspicuous manner on the web site of the retirement system, pension fund, or investment board and must include the name of the fund-of-funds, the name of its investment adviser, the total investment commitment of the retirement system, pension fund, or investment board to invest in such fund-of-funds, and a disclosure approved by the board describing the factors that contributed to the investment in such fund-of-funds. Effective immediately.
Bill status failed 3 of 5 stages cleared
Introduction
Mar 2010
Committee Review
Nov 2010
Senate Passage
Mar 2010
House Passage
Governor
Introduced Mar 12, 2010 Last action Jan 12, 2011
Floor votes · Senate Mar 12, 2010

How they voted

47–0
Passed · 7 other
Total votes 54
Mar 12, 2010
D Democratic34
30 Yea 4
88% Yea
R Republican20
17 Yea 3
85% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
38
Key actions
6
Committee
9
Amendments
3
Nov 30, 2010
Lower · Passed
House Floor Amendment No. 2 Recommends Be Adopted State Government Administration Committee; 016-001-000
lower
Nov 30, 2010
Lower · Passed
House Floor Amendment No. 2 Rules Refers to State Government Administration Committee
lower
Nov 29, 2010
Committee
House Floor Amendment No. 2 Referred to Rules Committee
lower
Nov 29, 2010
Introduced
House Floor Amendment No. 2 Filed with Clerk by Rep. Lou Lang
lower
Nov 16, 2010
Lower · Passed
Do Pass as Amended / Short Debate State Government Administration Committee; 010-005-000
lower
Nov 16, 2010
Lower · Passed
House Committee Amendment No. 1 Adopted in State Government Administration Committee; by Voice Vote
lower
Nov 16, 2010
Introduced
House Committee Amendment No. 1 Filed with Clerk by State Government Administration Committee
lower
Nov 10, 2010
Committee
Assigned to State Government Administration Committee
lower
Mar 16, 2010
Committee
Referred to Rules Committee
lower
Mar 12, 2010
Introduced
Arrived in House
lower
Mar 12, 2010
Senate · Passed
Senate Vote: pass (47-0-7)
senate
Mar 8, 2010
Upper · Passed
Do Pass Executive; 012-000-000
upper
Feb 24, 2010
Committee
Assigned to Executive
upper
Feb 9, 2010
Committee
Referred to Assignments
upper
0 primary · 3 co-sponsors

Sponsors

No sponsor information available.