<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 32     </title>
<shortdesc>PEN CD-ART 3 &amp; 4 INVESTMENTS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Chris Lauzen</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/1-113.1</reference><aliasreference></aliasreference><reference>30 ILCS 805/8.35 new</reference><aliasreference></aliasreference><SynopsisText>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.</SynopsisText></synopsis>
<actions>
<statusdate>1/27/2011</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Chris Lauzen</action>
<statusdate>1/27/2011</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/27/2011</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/27/2011</statusdate><chamber>Senate</chamber><action>Assigned to Pensions and Investments</action>
<statusdate>3/3/2011</statusdate><chamber>Senate</chamber><action>Postponed - Pensions and Investments</action>
<statusdate>3/10/2011</statusdate><chamber>Senate</chamber><action>Postponed - Pensions and Investments</action>
<statusdate>3/17/2011</statusdate><chamber>Senate</chamber><action>Postponed - Pensions and Investments</action>
<statusdate>3/18/2011</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

