PEN CD-ART 3 & 4 INVESTMENTS
Summary
Amends the Illinois Pension Code. Provides that no more than 30% of a downstate police or downstate fire pension fund's assets may be invested in debt obligations of corporations subject to specified conditions. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Sep 2010
Committee Review
Floor Vote
Governor
Introduced Sep 16, 2010
Last action Jan 12, 2011
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Jan 12, 2011
Senate · Failed
Session Sine Die
Sep 16, 2010
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Chris Lauzen
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 3945
Scope: IL
Hi! I can help you understand SB 3945. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline