Bill Title: Amends the General Provisions Article of the Illinois Pension Code. Provides that a police pension fund may invest up to 75% of the net present assets in common or preferred stocks. Provides that any corporate bonds held by the pension fund shall be deemed fixed income. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2021-01-13 - Session Sine Die [SB1944 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2019-02-15	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB1944

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB1944 currently on file.

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