Illinois Senate Bill 779 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 4-0)
Status: Failed on January 9 2019 - 100% progression
Action: 2019-01-09 - Session Sine Die
Text: Latest bill text (Engrossed) [HTML]

Amends the General Provisions Article of the Illinois Pension Code in relation to investment transparency. Defines terms. Provides that within 90 days after entering into a new agreement to invest in an alternative investment fund, a public retirement system must disclose certain specified provisions of the agreement. Provides that a public retirement system shall require its alternative investment fund external managers and general partners to make certain annual disclosures concerning certain fees and expenses, in regard to each alternative investment fund. Provides that supplying a public retirement system with a completed reporting template developed by the Institutional Limited Partners Association constitutes compliance with certain reporting requirements. Declares the disclosures to be public records and requires their publication on the public retirement system's website. Amends the Freedom of Information Act to make a conforming change. Effective immediately.

PEN CD-INVESTMENT DISCLOSURE

Sen. John Cullerton [D]

Sen. Iris Martinez [D]

Sen. Laura Murphy [D]

Sen. Robert Martwick [D]

2017-05-29 - Senate - Third Reading in Senate (Y: 34 N: 19 NV: 6 Abs: 0) [PASS]

Date	Chamber	Action
2019-01-09	Senate	Session Sine Die
2019-01-06	Senate	Chief Sponsor Changed to Sen. John J. Cullerton
2018-05-31	House	Rule 19(a) / Re-referred to Rules Committee
2018-05-25	House	Final Action Deadline Extended-9(b) May 31, 2018
2018-05-16	House	Placed on Calendar Order of 3rd Reading - Short Debate
2018-04-03	House	Placed on Calendar 2nd Reading - Short Debate
2018-04-03	House	Approved for Consideration Rules Committee; 004-000-000
2017-11-10	House	Rule 19(a) / Re-referred to Rules Committee
2017-11-07	House	Held on Calendar Order of Second Reading - Short Debate
2017-11-07	House	Second Reading - Short Debate
2017-11-07	House	Placed on Calendar 2nd Reading - Short Debate
2017-11-07	House	House Committee Amendment No. 1 Tabled Pursuant to Rule 40
2017-11-07	House	Do Pass as Amended / Short Debate Personnel & Pensions Committee; 008-004-000
2017-11-07	House	House Committee Amendment No. 2 Adopted in Personnel & Pensions Committee; by Voice Vote
2017-11-06	House	House Committee Amendment No. 2 Rules Refers to Personnel & Pensions Committee
2017-11-06	House	House Committee Amendment No. 2 Referred to Rules Committee
2017-11-06	House	House Committee Amendment No. 2 Filed with Clerk by Rep. Robert Martwick
2017-11-02	House	House Committee Amendment No. 1 Rules Refers to Personnel & Pensions Committee
2017-10-26	House	House Committee Amendment No. 1 Referred to Rules Committee
2017-10-26	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Barbara Flynn Currie
2017-10-26	House	Alternate Chief Sponsor Changed to Rep. Robert Martwick
2017-10-26	House	Final Action Deadline Extended-9(b) November 10, 2017
2017-10-26	House	Assigned to Personnel & Pensions Committee
2017-10-26	House	Alternate Chief Sponsor Changed to Rep. Barbara Flynn Currie
2017-05-31	House	Rule 19(a) / Re-referred to Rules Committee
2017-05-30	House	Motion to Suspend Rule 21 - Prevailed 065-051-000
2017-05-30	House	Motion Filed to Suspend Rule 21 Personnel & Pensions Committee; Rep. Barbara Flynn Currie
2017-05-30	House	Final Action Deadline Extended-9(b) May 31, 2017
2017-05-30	House	Assigned to Personnel & Pensions Committee
2017-05-29	House	Referred to Rules Committee
2017-05-29	House	First Reading
2017-05-29	House	Chief House Sponsor Rep. Elaine Nekritz
2017-05-29	House	Arrived in House
2017-05-29	Senate	Third Reading - Passed; 034-019-000
2017-05-29	Senate	Added as Co-Sponsor Sen. Laura M. Murphy
2017-04-28	Senate	Rule 2-10 Third Reading Deadline Established As May 31, 2017
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; 007-005-000
2017-03-17	Senate	Rule 2-10 Committee Deadline Established As April 7, 2017
2017-03-16	Senate	Postponed - Licensed Activities and Pensions
2017-02-08	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
40	5	1-113.17	New Code	See Bill Text
40	5	1-113.17a	New Code	See Bill Text
40	5	1-113.17b	New Code	See Bill Text
5	140	7	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=779&GAID=14&DocTypeID=SB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/SB/10000SB0779.htm
Text	https://www.ilga.gov/legislation/100/SB/10000SB0779eng.htm
Amendment	https://www.ilga.gov/legislation/100/SB/10000SB0779ham001.htm
Amendment	https://www.ilga.gov/legislation/100/SB/10000SB0779ham002.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/100/senate/10000SB0779_05292017_018000T.pdf