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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill PEN CD-EMERGING INVESTMENT MGR 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. us/states/il Illinois General Assembly 94th SB 253 Illinois SB 253 (94th)
bill
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3 27 2 2005-02-03 2005-08-04 openstates ocd-bill/e46a2b62-ee97-4e23-b9ed-8023c69c942e http://ilga.gov/legislation/BillStatus.asp?DocNum=253&GAID=8&DocTypeID=SB&LegId=15538&SessionID=50&GA=94 d77f1583817e52c283ac650fa184d9918d5871bfd51182121397e881572284bc 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-il

Illinois SB 253 (94th) — PEN CD-EMERGING INVESTMENT MGR

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.

Version chain

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

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Third Reading — 560 (pass) · upper
  • Third Reading — 1160 (pass) · lower

Sponsors

  • Emil Jones, Jr. — primary (person)

Timeline

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

  • 2005-02-03 Filed with Secretary by Sen. Emil Jones, Jr. filing
  • 2005-02-03 First Reading reading-1
  • 2005-02-03 Referred to Rules referral-committee
  • 2005-02-17 Assigned to Pensions & Investments referral-committee
  • 2005-03-02 Do Pass Pensions & Investments; 010-000-000 committee-passage
  • 2005-03-02 Placed on Calendar Order of 2nd Reading March 3, 2005
  • 2005-03-11 Pension Note Filed from the Commission on Government Forecasting and Accountability.
  • 2005-04-11 Second Reading reading-2
  • 2005-04-11 Placed on Calendar Order of 3rd Reading April 12, 2005
  • 2005-04-14 Added as Chief Co-Sponsor Sen. Martin A. Sandoval
  • 2005-04-14 Third Reading - Passed; 056-000-000 reading-3, passage
  • 2005-04-14 Arrived in House introduction
  • 2005-04-14 Placed on Calendar Order of First Reading reading-1
  • 2005-04-25 Chief House Sponsor Rep. Robert Rita
  • 2005-04-26 First Reading reading-1
  • 2005-04-26 Referred to Rules Committee referral-committee
  • 2005-04-27 Assigned to Personnel and Pensions Committee referral-committee
  • 2005-05-05 Do Pass / Short Debate Personnel and Pensions Committee; 004-000-000 committee-passage
  • 2005-05-05 Placed on Calendar 2nd Reading - Short Debate
  • 2005-05-10 Second Reading - Short Debate reading-2
  • 2005-05-10 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2005-05-17 Third Reading - Short Debate - Passed 116-000-000 reading-3, passage
  • 2005-05-17 Passed Both Houses
  • 2005-06-15 Sent to the Governor executive-receipt
  • 2005-08-04 Governor Approved executive-signature
  • 2005-08-04 Effective Date August 4, 2005
  • 2005-08-04 Public Act . . . . . . . . . 94-0471 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/e46a2b62-ee97-4e23-b9ed-8023c69c942e. Confidence: reported (aggregated from official Illinois legislature records).