Bill Amendment: IL SB3086 | 2025-2026 | 104th General Assembly

NOTE: For additional amemendments please see the Bill Drafting List

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Bill Title: STATE PERMITTED INVESTMENTS

Status: 2026-06-29 - Sent to the Governor [SB3086 Detail]

Download: Illinois-2025-SB3086-Senate_Amendment_001.html

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Sen. Ram Villivalam

Filed: 3/10/2026

 

 

 

10400SB3086sam001 LRB104 17721 SPS 35255 a
AMENDMENT TO SENATE BILL 3086
AMENDMENT NO. ______. Amend Senate Bill 3086 by replacing
line 19 on page 8 through line 3 on page 9 with the following:
"(9.5) Pooled investment trusts that are registered as
an open-end investment company with the Securities and
Exchange Commission and with voting trustees that are
officers or employees of a national labor federation, or
any member unions thereof, with assets exceeding
$1,000,000,000 if: (i) the purchases do not exceed 5% of
the issuers' total assets; (ii) no more than 1% of the
public agency's funds are invested in the pooled
investment trust; and (iii) the issuer has not been placed
on the list of restricted companies by the Illinois
Investment Policy Board under Section 1-110.16 of the
Illinois Pension Code.".