PEN CD-POLICE/FIRE INVESTMENT House SponsorsRep. Ryan Spain-Steven Reick-David McSweeney 1/13/2021HouseSession Sine Die 40 ILCS 5/1-101.6 new40 ILCS 5/1-101.7 new40 ILCS 5/1-109.340 ILCS 5/1-113.05 new40 ILCS 5/1-113.140 ILCS 5/1-113.240 ILCS 5/1-113.340 ILCS 5/1-113.440 ILCS 5/1-113.4a40 ILCS 5/1-113.540 ILCS 5/1-113.640 ILCS 5/1-113.740 ILCS 5/1-136 new40 ILCS 5/1A-11240 ILCS 5/1A-11340 ILCS 5/3-125from Ch. 108 1/2, par. 3-12540 ILCS 5/3-127from Ch. 108 1/2, par. 3-12740 ILCS 5/3-132from Ch. 108 1/2, par. 3-13240 ILCS 5/3-135from Ch. 108 1/2, par. 3-13540 ILCS 5/3-135.1 new40 ILCS 5/3-135.2 new40 ILCS 5/4-118from Ch. 108 1/2, par. 4-11840 ILCS 5/4-120from Ch. 108 1/2, par. 4-12040 ILCS 5/4-123from Ch. 108 1/2, par. 4-12340 ILCS 5/4-128from Ch. 108 1/2, par. 4-12840 ILCS 5/4-128.1 new40 ILCS 5/4-128.2 new40 ILCS 5/Art. 22B heading new40 ILCS 5/22B-101 new40 ILCS 5/22B-102 new40 ILCS 5/22B-103 new40 ILCS 5/22B-105 new40 ILCS 5/22B-106 new40 ILCS 5/22B-107 new40 ILCS 5/22B-108 new40 ILCS 5/22B-108.1 new40 ILCS 5/22B-109 new40 ILCS 5/22B-110 new40 ILCS 5/22B-111 new40 ILCS 5/22B-112 new40 ILCS 5/22B-113 new40 ILCS 5/22B-113.1 new40 ILCS 5/22B-113.2 new40 ILCS 5/22B-113.3 new40 ILCS 5/22B-114 new40 ILCS 5/22B-115 new40 ILCS 5/22B-115.5 new40 ILCS 5/Art. 22C heading new40 ILCS 5/22C-101 new40 ILCS 5/22C-102 new40 ILCS 5/22C-103 new40 ILCS 5/22C-105 new40 ILCS 5/22C-106 new40 ILCS 5/22C-107 new40 ILCS 5/22C-108 new40 ILCS 5/22C-108.1 new40 ILCS 5/22C-109 new40 ILCS 5/22C-110 new40 ILCS 5/22C-111 new40 ILCS 5/22C-112 new40 ILCS 5/22C-113 new40 ILCS 5/22C-113.1 new40 ILCS 5/22C-113.2 new40 ILCS 5/22C-113.3 new40 ILCS 5/22C-114 new40 ILCS 5/22C-115 new40 ILCS 5/22C-115.5 new30 ILCS 805/8.43 new Amends the Illinois Pension Code. Creates the Downstate Police Pension Investment Board and the Downstate Firefighter Pension Investment Board. Moves the investment authority of downstate police and firefighter pension funds to those Investment Boards. Includes provisions relating to the transfer and investment of the affected assets, auditing and reporting requirements, and the operation and administration of the Investment Boards. Reduces the amount of training required for trustees of those pension funds. Changes all downstate police and firefighter pension funds to a fiscal year beginning May 1. Doubles the annual compliance fee paid by the funds to the Department of Insurance. Requires the Department of Insurance to impose penalties of up to $2,000 per day for noncompliance with certain provisions relating to the transfer of investment assets. Makes conforming and other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. 1/30/2019HouseFiled with the Clerk by Rep. Ryan Spain 2/1/2019HouseFirst Reading 2/1/2019HouseReferred to Rules Committee 2/6/2019HouseAdded Chief Co-Sponsor Rep. Steven Reick 2/7/2019HouseAdded Chief Co-Sponsor Rep. David McSweeney 2/13/2019HouseAssigned to Personnel & Pensions Committee 2/21/2019HouseTo Pension Reform Subcommittee 3/29/2019HouseRule 19(a) / Re-referred to Rules Committee 1/13/2021HouseSession Sine Die