PENCD-DNST POL & FIRE-ISBI Senate SponsorsSen. Jim Oberweis 1/10/2017SenateSession Sine Die 5 ILCS 100/5-45from Ch. 127, par. 1005-4540 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 5/22A-110.1 new40 ILCS 5/22A-113from Ch. 108 1/2, par. 22A-11340 ILCS 5/22A-113.1from Ch. 108 1/2, par. 22A-113.140 ILCS 5/22A-113.4 new40 ILCS 5/22A-115from Ch. 108 1/2, par. 22A-11540 ILCS 5/22A-115.1 new30 ILCS 805/8.40 newAmends the Illinois Pension Code. Moves the investment power for eligible downstate police and downstate firefighter pension funds to the Illinois State Board of Investment. Reduces the amount of training required for trustees of those pension funds. Makes conforming changes. 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. Authorizes emergency rulemaking and amends the Illinois Administrative Procedure Act to add a conforming provision. Amends the State Mandates Act to require implementation without reimbursement. 2/19/2016SenateFiled with Secretary by Sen. Dan Duffy 2/19/2016SenateFirst Reading 2/19/2016SenateReferred to Assignments 3/8/2016SenateAssigned to Licensed Activities and Pensions 3/16/2016SenateRe-referred to Executive 3/23/2016SenateChief Sponsor Changed to Sen. Jim Oberweis 4/8/2016SenateRule 2-10 Committee Deadline Established As April 22, 2016 4/22/2016SenateRule 3-9(a) / Re-referred to Assignments 1/10/2017SenateSession Sine Die