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Fabio 5941153bb7 Legislation: batch B — IL IN KS KY LA MA MD ME MI MN 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:27:20 -04:00

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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-ECON OPPORTUNITY INVEST Amends the Illinois Pension Code. Provides that it is the public policy of the State of Illinois to encourage the pension funds, and any State agency investing funds on behalf of pension funds, to promote the economy of Illinois through the use of economic opportunity investments to the greatest extent feasible within the bounds of financial and fiduciary prudence. Provides that each pension fund, except pension funds created under the Downstate Police and Firefighters Articles of the Code, shall submit a report to the Governor and the General Assembly by September 1 of each year that identifies the economic opportunity investments made by the fund, the primary location of the business or project, the percentage of the fund's assets in economic opportunity investments, and the actions that the fund has undertaken to increase the use of economic opportunity investments. Requires certain pension funds, and any State agency investing funds on behalf of those pension funds, to make reasonable efforts to invest in economic opportunity investments. Effective immediately. us/states/il Illinois General Assembly 96th HB 2557 Illinois HB 2557 (96th)
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3 58 3 2009-02-20 2009-08-25 openstates ocd-bill/c965766d-9440-4068-807b-f28fb3569365 http://ilga.gov/legislation/BillStatus.asp?DocNum=2557&GAID=10&DocTypeID=HB&LegId=45289&SessionID=76&GA=96 fc58ff12b5b2452713abc7843331dfd1e9769ff70f9c1f3343ae131c42c80ff8 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
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us-il

Illinois HB 2557 (96th) — PEN CD-ECON OPPORTUNITY INVEST

Amends the Illinois Pension Code. Provides that it is the public policy of the State of Illinois to encourage the pension funds, and any State agency investing funds on behalf of pension funds, to promote the economy of Illinois through the use of economic opportunity investments to the greatest extent feasible within the bounds of financial and fiduciary prudence. Provides that each pension fund, except pension funds created under the Downstate Police and Firefighters Articles of the Code, shall submit a report to the Governor and the General Assembly by September 1 of each year that identifies the economic opportunity investments made by the fund, the primary location of the business or project, the percentage of the fund's assets in economic opportunity investments, and the actions that the fund has undertaken to increase the use of economic opportunity investments. Requires certain pension funds, and any State agency investing funds on behalf of those pension funds, to make reasonable efforts to invest in economic opportunity investments. 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 — 59–0 (pass) · upper
  • Third Reading — 116–0 (pass) · lower
  • Concurrence — 117–0 (pass) · lower

Sponsors

  • Bill Brady — cosponsor (person)
  • Dan Duffy — cosponsor (person)
  • John E. Bradley — primary (person)

Timeline

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

  • 2009-02-20 Filed with the Clerk by Rep. John E. Bradley filing
  • 2009-02-20 First Reading reading-1
  • 2009-02-20 Referred to Rules Committee referral-committee
  • 2009-02-25 Assigned to Personnel and Pensions Committee referral-committee
  • 2009-03-12 Do Pass / Short Debate Personnel and Pensions Committee; 007-000-000 committee-passage
  • 2009-03-12 Placed on Calendar 2nd Reading - Short Debate
  • 2009-03-17 Second Reading - Short Debate reading-2
  • 2009-03-17 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2009-03-18 Third Reading - Short Debate - Passed 116-000-000 reading-3, passage
  • 2009-03-18 Arrive in Senate introduction
  • 2009-03-18 Placed on Calendar Order of First Reading reading-1
  • 2009-03-18 Chief Senate Sponsor Sen. Ira I. Silverstein
  • 2009-03-18 First Reading reading-1
  • 2009-03-18 Referred to Assignments referral-committee
  • 2009-04-22 Assigned to Pensions and Investments referral-committee
  • 2009-04-27 Senate Committee Amendment No. 1 Filed with Secretary by Sen. Ira I. Silverstein amendment-introduction
  • 2009-04-27 Senate Committee Amendment No. 1 Referred to Assignments referral-committee
  • 2009-04-28 Senate Committee Amendment No. 1 Assignments Refers to Pensions and Investments
  • 2009-04-30 Senate Committee Amendment No. 1 Held in Pensions and Investments
  • 2009-04-30 Held in Pensions and Investments
  • 2009-05-05 Senate Committee Amendment No. 2 Filed with Secretary by Sen. Chris Lauzen amendment-introduction
  • 2009-05-05 Senate Committee Amendment No. 2 Referred to Assignments referral-committee
  • 2009-05-06 Senate Committee Amendment No. 2 Assignments Refers to Pensions and Investments
  • 2009-05-06 Added as Alternate Co-Sponsor Sen. Bill Brady
  • 2009-05-06 Senate Committee Amendment No. 1 Adopted amendment-passage
  • 2009-05-07 Senate Committee Amendment No. 2 Held in Pensions and Investments
  • 2009-05-07 Do Pass as Amended Pensions and Investments; 010-000-000 committee-passage
  • 2009-05-07 Placed on Calendar Order of 2nd Reading May 12, 2009
  • 2009-05-07 Added as Alternate Co-Sponsor Sen. Dan Duffy
  • 2009-05-08 Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments referral-committee
  • 2009-05-12 Second Reading reading-2
  • 2009-05-12 Placed on Calendar Order of 3rd Reading May 13, 2009
  • 2009-05-13 Senate Floor Amendment No. 3 Filed with Secretary by Sen. Chris Lauzen amendment-introduction
  • 2009-05-13 Senate Floor Amendment No. 3 Referred to Assignments referral-committee
  • 2009-05-17 Senate Floor Amendment No. 3 Assignments Refers to Pensions and Investments
  • 2009-05-18 Senate Floor Amendment No. 3 Recommend Do Adopt Pensions and Investments; 006-000-000
  • 2009-05-21 Recalled to Second Reading reading-2
  • 2009-05-21 Senate Floor Amendment No. 3 Adopted; Lauzen amendment-passage
  • 2009-05-21 Placed on Calendar Order of 3rd Reading
  • 2009-05-21 Third Reading - Passed; 059-000-000 reading-3, passage
  • 2009-05-21 Senate Committee Amendment No. 2 Tabled Pursuant to Rule 5-4(a) amendment-failure
  • 2009-05-21 Arrived in House introduction
  • 2009-05-21 Placed on Calendar Order of Concurrence Senate Amendment(s) 1, 3
  • 2009-05-27 Senate Committee Amendment No. 1 Motion Filed Concur Rep. John E. Bradley
  • 2009-05-27 Senate Floor Amendment No. 3 Motion Filed Concur Rep. John E. Bradley
  • 2009-05-27 Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee referral-committee
  • 2009-05-27 Senate Floor Amendment No. 3 Motion to Concur Referred to Rules Committee referral-committee
  • 2009-05-28 Senate Committee Amendment No. 1 Motion to Concur Rules Referred to Personnel and Pensions Committee referral-committee
  • 2009-05-28 Senate Floor Amendment No. 3 Motion to Concur Rules Referred to Personnel and Pensions Committee referral-committee
  • 2009-05-28 Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Personnel and Pensions Committee; 010-000-000
  • 2009-05-28 Senate Floor Amendment No. 3 Motion to Concur Recommends Be Adopted Personnel and Pensions Committee; 010-000-000
  • 2009-05-30 Senate Committee Amendment No. 1 House Concurs 117-000-000
  • 2009-05-30 Senate Floor Amendment No. 3 House Concurs 117-000-000
  • 2009-05-30 Passed Both Houses
  • 2009-06-26 Sent to the Governor executive-receipt
  • 2009-08-25 Governor Approved executive-signature
  • 2009-08-25 Effective Date August 25, 2009
  • 2009-08-25 Public Act . . . . . . . . . 96-0753 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/c965766d-9440-4068-807b-f28fb3569365. Confidence: reported (aggregated from official Illinois legislature records).

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