HB 3523 Illinois House · 93rd Regular Session

PEN CD-REPORT CORPORATE FRAUD

Summary
Amends the General Provisions Article of the Illinois Pension Code. Provides that the State Board of Investment and the boards of trustees of the State-funded retirement systems shall provide for an annual review of their investments to determine whether they have experienced market losses due to possible corporate fraud. Requires an annual report to the General Assembly. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Mar 2003
Committee Review
Floor Vote
Governor
Introduced Mar 11, 2003 Last action Jan 11, 2005
Floor votes

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Full legislative history

Actions timeline

Total actions
7
Key actions
0
Committee
3
Jan 11, 2005
House · Failed
Session Sine Die
Mar 13, 2003
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Mar 5, 2003
House · Referred to committee
Assigned to Personnel and Pensions Committee
Feb 28, 2003
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Rich Brauer
Rich Brauer
RRepublican
IL
87