<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 253    </title>
<shortdesc>PEN CD-EMERGING INVESTMENT MGR</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Emil Jones, Jr.-Martin A. Sandoval</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Robert Rita)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/4/2005</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 94-0471</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/1-109.1</reference><aliasreference>from Ch. 108 1/2, par. 1-109.1</aliasreference><SynopsisText>Amends the Illinois Pension Code. Provides that the maximum value of the investment portfolio that an emerging investment manager manages is $2,000,000,000 (was, $400,000,000). Effective immediately.</SynopsisText><synopsistitle>Pension Note (Commission on Gov't Forecasting and Accountability)</synopsistitle>
<SynopsisText>Senate Bill 253 would not have a fiscal impact, as it merely expands the definition of "emerging investment manager".</SynopsisText></synopsis>
<actions>
<statusdate>2/3/2005</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Emil Jones, Jr.</action>
<statusdate>2/3/2005</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/3/2005</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>2/17/2005</statusdate><chamber>Senate</chamber><action>Assigned to Pensions &amp; Investments</action>
<statusdate>3/2/2005</statusdate><chamber>Senate</chamber><action>Do Pass Pensions &amp; Investments;  010-000-000</action>
<statusdate>3/2/2005</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 3, 2005</action>
<statusdate>3/11/2005</statusdate><chamber>Senate</chamber><action>Pension Note Filed from the Commission on Government Forecasting and Accountability.</action>
<statusdate>4/11/2005</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/11/2005</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 12, 2005</action>
<statusdate>4/14/2005</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Martin A. Sandoval</action>
<statusdate>4/14/2005</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 056-000-000</action>
<statusdate>4/14/2005</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/14/2005</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>4/25/2005</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Robert Rita</action>
<statusdate>4/26/2005</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/26/2005</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/27/2005</statusdate><chamber>House</chamber><action>Assigned to Personnel and Pensions Committee</action>
<statusdate>5/5/2005</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Personnel and Pensions Committee;  004-000-000</action>
<statusdate>5/5/2005</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/10/2005</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/10/2005</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/17/2005</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 116-000-000</action>
<statusdate>5/17/2005</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>6/15/2005</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>8/4/2005</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>8/4/2005</statusdate><chamber>Senate</chamber><action>Effective Date August 4, 2005</action>
<statusdate>8/4/2005</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 94-0471</action>
</actions>
</xml>

