PEN CD-INVESTMENT PROXY VOTING
Summary
Amends the State Universities, Downstate Teachers, and Board of Investment Articles of the Illinois Pension Code. Provides that the State Treasurer shall manage the System's or Investment Board's domestic and international proxy voting activity and execute required ballots on behalf of the System or Investment Board. Requires the State Treasurer to provide the Board of the System or Investment Board with comprehensive proxy voting reports on a quarterly basis and as requested by the Board of the System or Investment Board. Requires the Board of the System and the Investment Board to annually publish a report on its website describing how the Board is considering sustainability factors as defined in the Illinois Sustainable Investing Act and other information. Effective January 1, 2024.
Bill status
signed
all 4 stages cleared
Introduction
Mar 2023
Committee Review
Apr 2023
House Passage
May 2023
Signed into Law
Aug 2023
Introduced Mar 31, 2023
Signed Aug 7, 2023
Floor votes · House May 11, 2023
How they voted
72–38
Passed · 6 other
Total votes 116
May 11, 2023
D
Democratic76
93% Yea
R
Republican40
95% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
53
Key actions
13
Committee
14
Amendments
8
Aug 4, 2023
Signed into law
Governor Approved
lower
May 11, 2023
Lower · Passed
Passed Both Houses
lower
May 11, 2023
Lower · Passed
Third Reading - Short Debate - Passed 073-038-001
lower
Apr 27, 2023
Lower · Passed
Do Pass / Short Debate Personnel & Pensions Committee; 005-003-000
lower
Apr 18, 2023
Committee
Assigned to Personnel & Pensions Committee
lower
Apr 11, 2023
Committee
Referred to Rules Committee
lower
Mar 31, 2023
Introduced
Arrived in House
lower
Mar 30, 2023
Amended
Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
lower
Mar 30, 2023
Lower · Passed
Third Reading - Passed; 050-005-000
lower
Mar 30, 2023
Lower · Passed
Senate Floor Amendment No. 3 Adopted; Cunningham
lower
Mar 30, 2023
Introduced
Senate Floor Amendment No. 3 Recommend Do Adopt Executive; 013-000-000
lower
Mar 29, 2023
Introduced
Senate Floor Amendment No. 3 Assignments Refers to Executive
lower
Mar 29, 2023
Committee
Senate Floor Amendment No. 3 Referred to Assignments
lower
Mar 29, 2023
Introduced
Senate Floor Amendment No. 3 Filed with Secretary by Sen. Bill Cunningham
lower
Mar 23, 2023
Lower · Passed
Do Pass as Amended Executive; 010-001-000
lower
Mar 22, 2023
Lower · Passed
Senate Committee Amendment No. 2 Adopted; Executive
lower
Mar 22, 2023
Lower · Passed
Senate Committee Amendment No. 1 Postponed - Executive
lower
Mar 22, 2023
Lower · Passed
Senate Committee Amendment No. 2 Assignments Refers to Executive
lower
Mar 22, 2023
Committee
Senate Committee Amendment No. 2 Referred to Assignments
lower
Mar 22, 2023
Introduced
Senate Committee Amendment No. 2 Filed with Secretary by Sen. Bill Cunningham
lower
Mar 10, 2023
Lower · Passed
Rule 2-10 Committee Deadline Established As March 24, 2023
lower
Mar 9, 2023
Lower · Passed
Senate Committee Amendment No. 1 Postponed - Executive
lower
Mar 8, 2023
Lower · Passed
Senate Committee Amendment No. 1 Assignments Refers to Executive
lower
Mar 7, 2023
Committee
Senate Committee Amendment No. 1 Referred to Assignments
lower
Mar 7, 2023
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Bill Cunningham
lower
Feb 28, 2023
Committee
Assigned to Executive
lower
Feb 10, 2023
Committee
Referred to Assignments
lower
2 primary · 8 co-sponsors
Sponsors
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