PEN CD-INVESTMENT OPTIONS
Summary
Amends the General Provisions Article of the Illinois Pension Code. Provides that Article 3 and Article 4 funds may invest in exchange-traded funds. Provides that an Article 3 or Article 4 fund that has appointed an investment advisor may, through that investment advisor, invest a portion of its assets in debt obligations of corporations that meet certain requirements. 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
How they voted
No floor votes recorded yet.
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 Executive Committee
Feb 28, 2003
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
John J. Millner
RRepublican
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