---
type: "Bill"
title: "PEN CD-INVESTMENT ADVISERS"
description: "PEN CD-INVESTMENT ADVISERS"
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "91st"
identifier: "SB 1103"
citation: "Illinois SB 1103 (91st)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 1
action_count: 74
vote_count: 0
first_action: "1999-02-26T00:00:00-06:00"
last_action: "2000-01-26T00:00:00-06:00"
source: "openstates"
source_identifier: "ocd-bill/1cec1606-99a0-4963-b6ce-2fa28a5a4b7e"
source_url: "http://www.ilga.gov/legislation/legisnet91/91gatoc.html"
source_hash: "41bf20d7e38dcacb56a2505362e9d4ce3211ad5a58447d532bd3d325287b6640"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---

# Illinois SB 1103 (91st) — PEN CD-INVESTMENT ADVISERS

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **SB1103** (committee substitute) — [source](http://www.ilga.gov/legislation/legisnet91/sbgroups/sb/910SB1103LV.html)

## Sponsors

- BLACK — cosponsor (person)
- BOWLES — cosponsor (person)
- DANIELS — cosponsor (person)
- DEMUZIO — cosponsor (person)
- HOLBROOK — cosponsor (person)
- LUECHTEFELD — cosponsor (person)
- MADIGAN,R — cosponsor (person)
- PHILIP — cosponsor (person)
- SHADID — cosponsor (person)
- SMITH,MICHAEL — cosponsor (person)
- STEPHENS — cosponsor (person)
- WATSON — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **1999-02-26T00:00:00-06:00** FIRST READING `reading-1`
- **1999-02-26T00:00:00-06:00** REFERRED TO SENATE RULES COMMITTEE RULES `referral-committee`
- **1999-03-03T00:00:00-06:00** ASSIGNED TO COMMITTEE INS & PENS. `referral-committee`
- **1999-03-08T00:00:00-06:00** PENSION NOTE FILED
- **1999-03-16T00:00:00-06:00** POSTPONED
- **1999-03-18T00:00:00-06:00** DO PASS 010-000-000 SINS
- **1999-03-18T00:00:00-06:00** PLACED ON CALENDAR ORDER OF 2ND READING 99-03-19
- **1999-03-22T00:00:00-06:00** SECOND READING `reading-2`
- **1999-03-22T00:00:00-06:00** PLACED ON CALENDAR ORDER OF 3RD READING 99-03-23
- **1999-03-23T00:00:00-06:00** THIRD READING - PASSED 058-000-000 `reading-3`
- **1999-03-23T00:00:00-06:00** ARRIVE IN HOUSE
- **1999-03-23T00:00:00-06:00** HOUSE SPONSOR OSMOND
- **1999-03-23T00:00:00-06:00** FIRST READING `reading-1`
- **1999-03-23T00:00:00-06:00** REFERRED TO HOUSE RULES COMMITTEE RULES `referral-committee`
- **1999-03-26T00:00:00-06:00** ASSIGNED TO COMMITTEE PERS PENSION `referral-committee`
- **1999-04-29T00:00:00-05:00** COMMITTEE AND 3RD
- **1999-04-29T00:00:00-05:00** READING DEADLINE
- **1999-04-29T00:00:00-05:00** EXTENDED - 5/21/99
- **1999-04-29T00:00:00-05:00** COMMITTEE PERS PENSION
- **1999-05-21T00:00:00-05:00** ALTERNATE PRIMARY SPONSOR CHANGED TO DANIELS
- **1999-05-21T00:00:00-05:00** COMMITTEE AND 3RD
- **1999-05-21T00:00:00-05:00** READING DEADLINE
- **1999-05-21T00:00:00-05:00** EXTENDED - 5/31/99
- **1999-05-21T00:00:00-05:00** COMMITTEE PERS PENSION
- **1999-05-26T00:00:00-05:00** MOTION FILED TO SUSPEND RULE 25 MURPHY
- **1999-05-26T00:00:00-05:00** MOTION PREVAILED TO SUSPEND RULE 25
- **1999-05-26T00:00:00-05:00** COMMITTEE PERS PENSION
- **1999-05-26T00:00:00-05:00** AMENDMENT NO. 01-PERS PENSION H
- **1999-05-26T00:00:00-05:00** ADOPTED 011-000-000 `passage`
- **1999-05-26T00:00:00-05:00** AMENDMENT NO. 02-PERS PENSION H
- **1999-05-26T00:00:00-05:00** ADOPTED 011-000-000 `passage`
- **1999-05-26T00:00:00-05:00** DO PASS AMENDED/SHORT DEBATE 011-000-000 HPPN
- **1999-05-26T00:00:00-05:00** PLACED CALENDAR 2ND READING-SHORT DEBATE
- **1999-05-26T00:00:00-05:00** ADDED AS A JOINT SPONSOR SMITH,MICHAEL
- **1999-05-26T00:00:00-05:00** ADDED AS A JOINT SPONSOR BLACK
- **1999-05-26T00:00:00-05:00** ADDED AS A JOINT SPONSOR HOLBROOK
- **1999-05-26T00:00:00-05:00** ADDED AS A JOINT SPONSOR STEPHENS
- **1999-05-26T00:00:00-05:00** SECOND READING-SHORT DEBATE `reading-2`
- **1999-05-26T00:00:00-05:00** PLCD CAL ORDER 3RD READING-SHORT DEBATE
- **1999-05-27T00:00:00-05:00** RECALLED TO SECOND READING-SHORT DEBATE
- **1999-05-27T00:00:00-05:00** AMENDMENT NO. 03-DANIELS
- **1999-05-27T00:00:00-05:00** AMENDMENT REFERRED TO HRUL
- **1999-05-27T00:00:00-05:00** RECOMMENDS BE ADOPTED HRUL
- **1999-05-27T00:00:00-05:00** MOTION TO TABLE AMENDMENT - PREVAILED 01
- **1999-05-27T00:00:00-05:00** MOTION TO TABLE AMENDMENT - PREVAILED 02
- **1999-05-27T00:00:00-05:00** AMENDMENT NO. 03-DANIELS
- **1999-05-27T00:00:00-05:00** ADOPTED `passage`
- **1999-05-27T00:00:00-05:00** PLCD CAL ORDER 3RD READING-SHORT DEBATE
- **1999-05-27T00:00:00-05:00** THIRD READING/SHORT DEBATE/PASSED 115-000-000 `reading-3`
- **1999-05-27T00:00:00-05:00** SECRETARYS DESK - CONCURRENCE 03
- **1999-05-27T00:00:00-05:00** FILED WITH SECRETARY `introduction`
- **1999-05-27T00:00:00-05:00** MOTION TO CONCUR - HOUSE AMENDMENT NO 03/MADIGAN,R
- **1999-05-27T00:00:00-05:00** MOTION REFERRED TO SRUL
- **1999-05-27T00:00:00-05:00** PLACED ON CALENDAR ORDER OF CONCURRENCE 03/99-05-27
- **1999-06-27T00:00:00-05:00** REFER TO RULES/PURSUANT SEN RULE 3-9 (B) RULES SRUL
- **1999-11-04T00:00:00-06:00** APPROVED FOR CONSIDERATION SRUL SRUL
- **1999-11-04T00:00:00-06:00** MOTION TO CONCUR - HOUSE AMENDMENT NO 03/MADIGAN,R
- **1999-11-04T00:00:00-06:00** RULES REFERS TO SINS
- **1999-11-16T00:00:00-06:00** MOTION TO CONCUR - HOUSE AMENDMENT NO 03/MADIGAN,R
- **1999-11-16T00:00:00-06:00** BE ADOPTED SINS/007-000-000
- **1999-11-16T00:00:00-06:00** ADDED AS A CHIEF CO-SPONSOR SHADID
- **1999-11-16T00:00:00-06:00** ADDED AS A CHIEF CO-SPONSOR BOWLES
- **1999-11-16T00:00:00-06:00** ADDED AS A CO-SPONSOR DEMUZIO
- **1999-11-17T00:00:00-06:00** ADDED AS A CHIEF CO-SPONSOR LUECHTEFELD
- **1999-11-17T00:00:00-06:00** ADDED AS A CO-SPONSOR WATSON
- **1999-11-17T00:00:00-06:00** MOTION TO CONCUR - HOUSE AMENDMENT NO 03/MADIGAN,R
- **1999-11-17T00:00:00-06:00** PENSION NOTE FILED AS AMENDED HA 03
- **1999-11-17T00:00:00-06:00** SEN CONCURS IN HSE AMENDMENTS (NO.) 03/056-000-000
- **1999-11-17T00:00:00-06:00** PASSED BOTH HOUSES
- **1999-12-13T00:00:00-06:00** SENT TO THE GOVERNOR `executive-receipt`
- **2000-01-26T00:00:00-06:00** GOVERNOR APPROVED `executive-signature`
- **2000-01-26T00:00:00-06:00** EFFECTIVE DATE 00-01-26
- **2000-01-26T00:00:00-06:00** PENSION NOTE FILED AS PA 91-0685
- **2000-01-26T00:00:00-06:00** PUBLIC ACT.............................. 91-0685

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/1cec1606-99a0-4963-b6ce-2fa28a5a4b7e`. Confidence: reported (aggregated from official Illinois legislature records).