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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-ART 1-FIDUCIARIES Amends the Illinois Pension Code. Requires that every retirement system, pension fund or other system or fund established under the Code indemnify and protect the trustees, staff, and consultants against all damage claims and suits when damages are sought for negligent or wrongful acts alleged to have been committed in the scope of employment or under the direction of the trustees (indemnification was discretionary). Provides that a retirement system's, pension fund's, or investment board's goals for the management of assets in specific asset classes by emerging investment managers shall be based on the percentage of total dollar amount of assets to be managed for investment service contracts (rather than the percentage of total dollar amount of investment service contracts) let to minority owned businesses, female owned businesses, and businesses owned by a person with a disability. In provisions concerning prohibition on gifts, provides that solicitation or acceptance of costs associated with educational purposes is not prohibited. Effective immediately. us/states/il Illinois General Assembly 96th SB 2525 Illinois SB 2525 (96th)
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3 55 3 2010-01-12 2011-02-04 openstates ocd-bill/50ca19ff-7e56-40e4-8dc8-5acf18d8fd6f http://ilga.gov/legislation/BillStatus.asp?DocNum=2525&GAID=10&DocTypeID=SB&LegId=49170&SessionID=76&GA=96 64a8e426af4482ff3f814fb1fbedf9377f116ba86c05db884224e03900c960ce 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 SB 2525 (96th) — PEN CD-ART 1-FIDUCIARIES

Amends the Illinois Pension Code. Requires that every retirement system, pension fund or other system or fund established under the Code indemnify and protect the trustees, staff, and consultants against all damage claims and suits when damages are sought for negligent or wrongful acts alleged to have been committed in the scope of employment or under the direction of the trustees (indemnification was discretionary). Provides that a retirement system's, pension fund's, or investment board's goals for the management of assets in specific asset classes by emerging investment managers shall be based on the percentage of total dollar amount of assets to be managed for investment service contracts (rather than the percentage of total dollar amount of investment service contracts) let to minority owned businesses, female owned businesses, and businesses owned by a person with a disability. In provisions concerning prohibition on gifts, provides that solicitation or acceptance of costs associated with educational purposes is not prohibited. 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

  • Concurrence, Amendment 1 — 45–9 (pass) · upper
  • Third Reading — 113–0 (pass) · lower
  • Third Reading — 51–0 (pass) · upper

Sponsors

  • Iris Y. Martinez — primary (person)

Timeline

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

  • 2010-01-12 Filed with Secretary by Sen. Iris Y. Martinez filing
  • 2010-01-12 First Reading reading-1
  • 2010-01-12 Referred to Assignments referral-committee
  • 2010-02-10 Assigned to Pensions and Investments referral-committee
  • 2010-02-23 Senate Committee Amendment No. 1 Filed with Secretary by Sen. Iris Y. Martinez amendment-introduction
  • 2010-02-23 Senate Committee Amendment No. 1 Referred to Assignments referral-committee
  • 2010-02-24 Senate Committee Amendment No. 1 Assignments Refers to Pensions and Investments
  • 2010-02-26 Senate Committee Amendment No. 2 Filed with Secretary by Sen. Iris Y. Martinez amendment-introduction
  • 2010-02-26 Senate Committee Amendment No. 2 Referred to Assignments referral-committee
  • 2010-03-02 Senate Committee Amendment No. 2 Assignments Refers to Pensions and Investments
  • 2010-03-03 Senate Committee Amendment No. 2 Adopted amendment-passage
  • 2010-03-04 Senate Committee Amendment No. 1 Postponed - Pensions and Investments
  • 2010-03-04 Do Pass as Amended Pensions and Investments; 008-000-000 committee-passage
  • 2010-03-04 Placed on Calendar Order of 2nd Reading March 9, 2010
  • 2010-03-08 Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments referral-committee
  • 2010-03-11 Second Reading reading-2
  • 2010-03-11 Placed on Calendar Order of 3rd Reading March 12, 2010
  • 2010-03-12 Third Reading - Passed; 051-000-000 reading-3, passage
  • 2010-03-12 Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a) amendment-failure
  • 2010-03-12 Arrived in House introduction
  • 2010-03-12 Chief House Sponsor Rep. Dan Reitz
  • 2010-03-12 Placed on Calendar Order of First Reading reading-1
  • 2010-03-12 First Reading reading-1
  • 2010-03-12 Referred to Rules Committee referral-committee
  • 2010-03-22 Assigned to Personnel and Pensions Committee referral-committee
  • 2010-04-22 Do Pass / Short Debate Personnel and Pensions Committee; 007-000-000 committee-passage
  • 2010-04-22 Placed on Calendar 2nd Reading - Short Debate
  • 2010-05-05 Second Reading - Short Debate reading-2
  • 2010-05-05 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2010-05-07 Final Action Deadline Extended-9(b) May 28, 2010
  • 2010-05-28 Rule 19(a) / Re-referred to Rules Committee referral-committee
  • 2011-01-03 Final Action Deadline Extended-9(b) January 11, 2011
  • 2011-01-03 Approved for Consideration Rules Committee; 003-000-000
  • 2011-01-03 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2011-01-04 House Floor Amendment No. 1 Filed with Clerk by Rep. Dan Reitz amendment-introduction
  • 2011-01-04 House Floor Amendment No. 1 Referred to Rules Committee referral-committee
  • 2011-01-04 House Floor Amendment No. 1 Rules Refers to State Government Administration Committee
  • 2011-01-05 House Floor Amendment No. 1 Recommends Be Adopted State Government Administration Committee; 016-000-000 committee-passage-favorable
  • 2011-01-05 Recalled to Second Reading - Short Debate reading-2
  • 2011-01-05 House Floor Amendment No. 1 Adopted by Voice Vote amendment-passage
  • 2011-01-05 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2011-01-05 Third Reading - Short Debate - Passed 113-000-001 reading-3, passage
  • 2011-01-05 Secretary's Desk - Concurrence House Amendment(s) 1
  • 2011-01-05 Placed on Calendar Order of Concurrence House Amendment(s) 1 - January 6, 2011
  • 2011-01-05 House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Iris Y. Martinez filing
  • 2011-01-05 House Floor Amendment No. 1 Motion to Concur Referred to Assignments referral-committee
  • 2011-01-05 House Floor Amendment No. 1 Motion to Concur Assignments Referred to Insurance referral-committee
  • 2011-01-06 House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Insurance; 008-000-001
  • 2011-01-06 Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  • 2011-01-06 House Floor Amendment No. 1 Senate Concurs 045-009-001
  • 2011-01-06 Passed Both Houses
  • 2011-01-18 Sent to the Governor executive-receipt
  • 2011-02-04 Governor Approved executive-signature
  • 2011-02-04 Effective Date February 4, 2011
  • 2011-02-04 Public Act . . . . . . . . . 96-1519 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/50ca19ff-7e56-40e4-8dc8-5acf18d8fd6f. Confidence: reported (aggregated from official Illinois legislature records).

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