Illinois Senate Bill 778 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on January 9 2019 - 100% progression
Action: 2019-01-09 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Freedom of Information Act. In a provision establishing exemptions for disclosure under the Act, excludes from those exemptions the text of an agreement to invest in a private equity fund, hedge fund, or absolute return fund that is proposed or executed after January 1, 2018 and any modification to or amendment of such an agreement that modifies or alters any of the provisions. Provides that trade secrets in the text of the agreement are not subject to disclosure under the Act. Defines terms. Effective immediately.

FOIA-PENSION INVESTMENTS

Sen. John Cullerton [D]

Sen. Iris Martinez [D]

Date	Chamber	Action
2019-01-09	Senate	Session Sine Die
2019-01-06	Senate	Chief Sponsor Changed to Sen. John J. Cullerton
2017-08-04	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2017-04-26	Senate	Placed on Calendar Order of 3rd Reading April 27, 2017
2017-04-26	Senate	Second Reading
2017-03-29	Senate	Added as Chief Co-Sponsor Sen. Iris Y. Martinez
2017-03-29	Senate	Placed on Calendar Order of 2nd Reading March 30, 2017
2017-03-29	Senate	Do Pass Licensed Activities and Pensions; 012-000-000
2017-03-17	Senate	Rule 2-10 Committee Deadline Established As April 7, 2017
2017-03-16	Senate	Postponed - Licensed Activities and Pensions
2017-02-16	Senate	Postponed - Licensed Activities and Pensions
2017-02-08	Senate	Assigned to Licensed Activities and Pensions
2017-02-01	Senate	Referred to Assignments
2017-02-01	Senate	First Reading
2017-02-01	Senate	Filed with Secretary by Sen. Daniel Biss

Chapter	Article	Section	Citation Type	Statute Text
5	140	7	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=778&GAID=14&DocTypeID=SB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/SB/10000SB0778.htm