Bill Texts: IL SB0032 | 2011-2012 | 97th General Assembly

Bill Title: 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.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2013-01-08 - Session Sine Die [SB0032 Detail]

Bill Drafts

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Amendments

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No bill amendments currently on file for Illinois SB0032

Supplemental Documents

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No supplemental documents for Illinois SB0032 currently on file.

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