PENCD-QUAL PRIV MARKT FUNDS
Summary
Amends the Illinois Pension Code. Prohibits investments in any entity other than a qualified private market fund. Defines a qualified private market fund as a private market fund that will not knowingly invest assets of a retirement system or pension fund in any company that (i) has facilities or employees in the Republic of the Sudan or (ii) conducts a commercial business in the Republic of the Sudan. Effective immediately, but not earlier than January 27, 2006.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2006
Committee Review
Floor Vote
Governor
Introduced Feb 7, 2006
Last action Jan 9, 2007
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
0
Committee
3
Jan 9, 2007
House · Failed
Session Sine Die
Feb 17, 2006
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 7, 2006
House · Referred to committee
Assigned to Personnel and Pensions Committee
Feb 7, 2006
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Richard T. Bradley
DDemocratic
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