SCH CD-PRUDENT INVESTOR Senate SponsorsSen. Daniel Biss and Heather A. Steans-Terry Link 1/13/2015SenateSession Sine Die 105 ILCS 5/10-20.55 new30 ILCS 805/8.37 newAmends the School Code. Provides that, beginning January 1, 2015, if a school board other than the Chicago Board of Schools offers a 403(b) plan to its officers, employees, or both, or makes contributions to such a plan on behalf of its officers, employees, or both, then the plan sponsor must act in accordance with the prudent investor rule when making plan-related decisions. Amends the State Mandates Act to require implementation without reimbursement. 1/30/2013SenateFiled with Secretary by Sen. Daniel Biss 1/30/2013SenateFirst Reading 1/30/2013SenateReferred to Assignments 2/4/2013SenateAdded as Co-Sponsor Sen. Heather A. Steans 2/6/2013SenateAdded as Chief Co-Sponsor Sen. Terry Link 2/7/2013SenateAssigned to Financial Institutions 2/28/2013SenatePostponed - Financial Institutions 3/22/2013SenateRule 3-9(a) / Re-referred to Assignments 1/13/2015SenateSession Sine Die