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<xml>
<title>Illinois General Assembly - Bill Status for SB 778          </title>
<shortdesc>FOIA-PENSION INVESTMENTS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. John J. Cullerton-Iris Y. Martinez</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>5 ILCS 140/7</reference><aliasreference>from Ch. 116, par. 207</aliasreference><SynopsisText>Amends the Freedom of Information Act. In a provision establishing exemptions for disclosure under the Act, excludes from those exemptions the text of an agreement to invest in a private equity fund, hedge fund, or absolute return fund that is proposed or executed after January 1, 2018 and any modification to or amendment of such an agreement that modifies or alters any of the provisions. Provides that trade secrets in the text of the agreement are not subject to disclosure under the Act. Defines terms. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/1/2017</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Daniel Biss</action>
<statusdate>2/1/2017</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/1/2017</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/8/2017</statusdate><chamber>Senate</chamber><action>Assigned to Licensed Activities and Pensions</action>
<statusdate>2/16/2017</statusdate><chamber>Senate</chamber><action>Postponed - Licensed Activities and Pensions</action>
<statusdate>3/16/2017</statusdate><chamber>Senate</chamber><action>Postponed - Licensed Activities and Pensions</action>
<statusdate>3/17/2017</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 7, 2017</action>
<statusdate>3/29/2017</statusdate><chamber>Senate</chamber><action>Do Pass Licensed Activities and Pensions;  012-000-000</action>
<statusdate>3/29/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 30, 2017</action>
<statusdate>3/29/2017</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Iris Y. Martinez</action>
<statusdate>4/26/2017</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/26/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 27, 2017</action>
<statusdate>8/4/2017</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Assignments</action>
<statusdate>1/6/2019</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. John J. Cullerton</action>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

