Illinois Senate Bill 2312 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

If and only if Senate Bill 1300 of the 101st General Assembly becomes law in the form in which it passed both houses, amends the Police Officers' Pension Investment Fund and the Firefighters' Pension Investment Fund Articles of the Illinois Pension Code. Provides that if a participating pension fund account is commingled with any other participating pension fund account, then the balance of the commingled accounts shall be returned to those participating pension funds in accordance with the value of the pension fund assets attributable to each fund. Effective immediately or on the date Senate Bill 1300 of the 101st General Assembly takes effect, whichever is later.

PENSION INVESTMENT FUNDS

Sen. Jason Plummer [R]

Date	Chamber	Action
2021-01-13	Senate	Session Sine Die
2019-11-14	Senate	Referred to Assignments
2019-11-14	Senate	First Reading
2019-11-14	Senate	Filed with Secretary by Sen. Jason Plummer

Chapter	Article	Section	Citation Type	Statute Text
40	5	22B-118	Amended Code	Citation Text
40	5	22C-118	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2312&GAID=15&DocTypeID=SB&SessionID=108&GA=101
Text	https://www.ilga.gov/legislation/101/SB/10100SB2312.htm