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<xml>
<title>Illinois General Assembly - Bill Status for HB 3722   </title>
<shortdesc>PENSION ETHICS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. William D. Burns-Sidney H. Mathias-Lisa M. Dugan-Mike Boland-Jack D. Franks, Robert W. Pritchard, Luis Arroyo, Paul D. Froehlich, Emily McAsey, Careen M. Gordon, Elizabeth Coulson, Linda Chapa LaVia and Ed Sullivan, Jr.</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>5 ILCS 420/4A-101</reference><aliasreference>from Ch. 127, par. 604A-101</aliasreference><reference>5 ILCS 420/4A-102</reference><aliasreference>from Ch. 127, par. 604A-102</aliasreference><reference>5 ILCS 420/4A-106</reference><aliasreference>from Ch. 127, par. 604A-106</aliasreference><reference>5 ILCS 420/4A-107</reference><aliasreference>from Ch. 127, par. 604A-107</aliasreference><reference>5 ILCS 430/1-5</reference><aliasreference></aliasreference><reference>40 ILCS 5/1-101.2</reference><aliasreference></aliasreference><reference>40 ILCS 5/1-109.1</reference><aliasreference>from Ch. 108 1/2, par. 1-109.1</aliasreference><reference>40 ILCS 5/1-110</reference><aliasreference>from Ch. 108 1/2, par. 1-110</aliasreference><reference>40 ILCS 5/1-113.14 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/1-113.15 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/1-113.16 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/1-130 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/1-135 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/1-140 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/1-145 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/1-150 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Governmental Ethics Act. Requires members of the board of any pension fund or retirement system established under the Illinois Pension Code to file a statement of economic interests. Amends the State Officials and Employees Ethics Act. Includes appointed or elected commissioners, trustees, directors, or board members of a board of a State agency, including the boards found in the Illinois Pension Code, in the definition of "employee". Amends the Illinois Pension Code. Makes changes in provisions concerning the definition of "fiduciary", allocation and delegation of fiduciary duties, and prohibited transactions. Adds provisions concerning investment advisers, consultants, and investment services for investment boards, pension funds, and retirement systems other than downstate police and fire pension funds; investment transparency; prohibitions on monetary gain on investments; fraud; prohibitions on gifts; contingent fees; and procurements for pension funds, retirement systems, and investment boards, except downstate police and fire pension funds. Requires the University of Illinois to create the Illinois Fiduciary College for the purpose of education pension fund, retirement system, and investment board members and staffs on ethics.</SynopsisText></synopsis>
<actions>
<statusdate>2/25/2009</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. William D. Burns</action>
<statusdate>2/25/2009</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/25/2009</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/3/2009</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Sidney H. Mathias</action>
<statusdate>3/3/2009</statusdate><chamber>House</chamber><action>Assigned to State Government Administration Committee</action>
<statusdate>3/11/2009</statusdate><chamber>House</chamber><action>Do Pass / Short Debate State Government Administration Committee;  017-000-000</action>
<statusdate>3/12/2009</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>3/12/2009</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Lisa M. Dugan</action>
<statusdate>3/12/2009</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Mike Boland</action>
<statusdate>3/12/2009</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Jack D. Franks</action>
<statusdate>3/17/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Robert W. Pritchard</action>
<statusdate>3/18/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Luis Arroyo</action>
<statusdate>3/19/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Paul D. Froehlich</action>
<statusdate>3/19/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Emily McAsey</action>
<statusdate>3/19/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Careen M. Gordon</action>
<statusdate>3/24/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Elizabeth Coulson</action>
<statusdate>3/24/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Linda Chapa LaVia</action>
<statusdate>3/25/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Ed Sullivan, Jr.</action>
<statusdate>4/1/2009</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>4/1/2009</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate</action>
<statusdate>4/3/2009</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

