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HB 5057 Illinois House · 96th Regular Session

U OF I-INVESTMENT REVIEW

Summary
Amends the University of Illinois Exercise of Functions and Duties Law of the Civil Administrative Code of Illinois. Creates an Investment Review Commission within the University, to be appointed by the President. Directs the Commission to review the reliability of the investment rating sources and tools used by agencies of the State, including the Office of the State Treasurer, the Illinois State Board of Investment, and the State-funded retirement systems. Directs the Commission to identify any investment rating sources or tools that it finds to be unreliable for the purposes for which they are being used. Directs the Commission to report its findings and recommendations at least annually to the Governor, the State Treasurer, and the General Assembly. Effective immediately.
Bill status failed 4 of 5 stages cleared
Introduction
Mar 2010
Committee Review
Nov 2010
House Passage
Mar 2010
Senate Passage
Dec 2010
Governor
Introduced Mar 24, 2010 Last action Jan 11, 2011
Floor votes · Senate Dec 2, 2010 · House Mar 23, 2010

How they voted

51–0
Passed · 7 other
Total votes 58
Dec 2, 2010
D Democratic36
31 Yea 5
86% Yea
R Republican22
20 Yea 2
90% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
57
Key actions
9
Committee
14
Amendments
11
Dec 2, 2010
Introduced
Placed on Calendar Order of Concurrence Senate Amendment(s) 1, 2, 3
lower
Dec 2, 2010
Introduced
Arrived in House
lower
Dec 2, 2010
Upper · Passed
Senate Floor Amendment No. 3 Adopted; Cullerton
upper
Dec 2, 2010
Upper · Passed
Senate Floor Amendment No. 2 Adopted; Cullerton
upper
Dec 2, 2010
Senate · Passed
Senate Vote: pass (51-0-7)
senate
Nov 30, 2010
Introduced
Senate Floor Amendment No. 3 Recommend Do Adopt Executive; 010-000-000
upper
Nov 30, 2010
Introduced
Senate Floor Amendment No. 2 Recommend Do Adopt Executive; 010-000-000
upper
Nov 29, 2010
Introduced
Senate Floor Amendment No. 3 Assignments Refers to Executive
upper
Nov 29, 2010
Committee
Senate Floor Amendment No. 3 Referred to Assignments
upper
Nov 29, 2010
Introduced
Senate Floor Amendment No. 3 Filed with Secretary by Sen. John J. Cullerton
upper
Nov 18, 2010
Introduced
Senate Floor Amendment No. 2 Assignments Refers to Executive
upper
Nov 18, 2010
Committee
Senate Floor Amendment No. 2 Referred to Assignments
upper
Nov 18, 2010
Introduced
Senate Floor Amendment No. 2 Filed with Secretary by Sen. John J. Cullerton
upper
Jun 27, 2010
Committee
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
upper
May 5, 2010
Upper · Passed
Do Pass as Amended Executive; 008-005-000
upper
May 5, 2010
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
May 5, 2010
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Executive
upper
May 5, 2010
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
May 5, 2010
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton
upper
May 3, 2010
Upper · Passed
Rule 2-10 Committee Deadline Established As May 7, 2010
upper
Apr 29, 2010
Committee
Re-assigned to Executive
upper
Apr 23, 2010
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Apr 6, 2010
Committee
Assigned to Higher Education
upper
Mar 24, 2010
Committee
Referred to Assignments
upper
Mar 24, 2010
Introduced
Arrive in Senate
upper
Mar 23, 2010
House · Passed
House Vote: pass (97-12-3)
house
Mar 11, 2010
Lower · Passed
Do Pass / Short Debate Personnel and Pensions Committee; 010-000-000
lower
Feb 23, 2010
Committee
Assigned to Personnel and Pensions Committee
lower
Jan 25, 2010
Committee
Referred to Rules Committee
lower
0 primary · 2 co-sponsors

Sponsors

No sponsor information available.