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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 PENCD-CHI FIRE-LEND SECURITIES Amends the Chicago Firefighter Article of the Illinois Pension Code. Authorizes the Board of Trustees of the Fund to lend securities owned by the Fund to a borrower upon such terms and conditions as may be mutually agreed upon. Requires the agreement to provide that during the period of the loan the Fund shall retain the right to receive, or collect from the borrower, all dividends, interest rights, or any distributions to which the Fund would have otherwise been entitled. Provides that the borrower shall deposit with the Fund, as collateral, cash equal to the market value of the securities at the time the loan is made and shall increase the amount of collateral if and when the Fund requests an additional amount because of subsequent increased market value of the securities. Provides that the period for which the securities may be loaned shall not exceed one year, and the loan agreement may specify earlier termination by either party upon mutually agreed conditions. Effective immediately. us/states/il Illinois General Assembly 99th HB 6298 Illinois HB 6298 (99th)
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3 46 3 2016-02-11 2016-08-12 openstates ocd-bill/bcebf9ee-8ee9-4dcb-92fb-0074345ea0f6 http://ilga.gov/legislation/BillStatus.asp?DocNum=6298&GAID=13&DocTypeID=HB&LegId=95849&SessionID=88&GA=99 52441b86487652ef5ff4ecb16504fe1ffeae98de8eaf401d12054ea57974187d 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
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us-il

Illinois HB 6298 (99th) — PENCD-CHI FIRE-LEND SECURITIES

Amends the Chicago Firefighter Article of the Illinois Pension Code. Authorizes the Board of Trustees of the Fund to lend securities owned by the Fund to a borrower upon such terms and conditions as may be mutually agreed upon. Requires the agreement to provide that during the period of the loan the Fund shall retain the right to receive, or collect from the borrower, all dividends, interest rights, or any distributions to which the Fund would have otherwise been entitled. Provides that the borrower shall deposit with the Fund, as collateral, cash equal to the market value of the securities at the time the loan is made and shall increase the amount of collateral if and when the Fund requests an additional amount because of subsequent increased market value of the securities. Provides that the period for which the securities may be loaned shall not exceed one year, and the loan agreement may specify earlier termination by either party upon mutually agreed conditions. 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 — 101–2 (pass) · lower
  • Third Reading — 50–0 (pass) · upper
  • Concurrence, Amendment 1 — 85–33 (pass) · lower

Sponsors

  • Elaine Nekritz — primary (person)

Timeline

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

  • 2016-02-11 Filed with the Clerk by Rep. Elaine Nekritz filing
  • 2016-02-11 First Reading reading-1
  • 2016-02-11 Referred to Rules Committee referral-committee
  • 2016-02-23 Assigned to Personnel and Pensions Committee referral-committee
  • 2016-03-03 Do Pass / Short Debate Personnel and Pensions Committee; 008-001-000 committee-passage
  • 2016-03-03 Placed on Calendar 2nd Reading - Short Debate
  • 2016-04-13 House Floor Amendment No. 1 Filed with Clerk by Rep. Elaine Nekritz amendment-introduction
  • 2016-04-13 House Floor Amendment No. 1 Referred to Rules Committee referral-committee
  • 2016-04-15 Chief Sponsor Changed to Rep. Silvana Tabares
  • 2016-04-15 Second Reading - Short Debate reading-2
  • 2016-04-15 Held on Calendar Order of Second Reading - Short Debate reading-2
  • 2016-04-20 House Floor Amendment No. 1 Motion Filed to Table Rep. Elaine Nekritz
  • 2016-04-21 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2016-04-22 Third Reading - Short Debate - Passed 101-002-000 reading-3, passage
  • 2016-04-25 Arrive in Senate introduction
  • 2016-04-25 Placed on Calendar Order of First Reading reading-1
  • 2016-04-25 Chief Senate Sponsor Sen. Daniel Biss
  • 2016-04-25 First Reading reading-1
  • 2016-04-25 Referred to Assignments referral-committee
  • 2016-05-18 Approved for Consideration Assignments
  • 2016-05-18 Placed on Calendar Order of 2nd Reading May 19, 2016
  • 2016-05-18 Senate Floor Amendment No. 1 Filed with Secretary by Sen. Daniel Biss amendment-introduction
  • 2016-05-18 Senate Floor Amendment No. 1 Referred to Assignments referral-committee
  • 2016-05-24 Added as Alternate Chief Co-Sponsor Sen. Heather A. Steans
  • 2016-05-24 Senate Floor Amendment No. 1 Assignments Refers to Licensed Activities and Pensions
  • 2016-05-25 Second Reading reading-2
  • 2016-05-25 Placed on Calendar Order of 3rd Reading May 26, 2016
  • 2016-05-26 Senate Floor Amendment No. 1 Recommend Do Adopt Licensed Activities and Pensions; 009-001-000
  • 2016-05-27 Recalled to Second Reading reading-2
  • 2016-05-27 Senate Floor Amendment No. 1 Adopted; Biss amendment-passage
  • 2016-05-27 Placed on Calendar Order of 3rd Reading
  • 2016-05-27 Third Reading - Passed; 050-000-001 reading-3, passage
  • 2016-05-29 Arrived in House introduction
  • 2016-05-29 Placed on Calendar Order of Concurrence Senate Amendment(s) 1
  • 2016-05-30 Senate Floor Amendment No. 1 Motion Filed Concur Rep. Silvana Tabares
  • 2016-05-30 Senate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee referral-committee
  • 2016-05-30 Senate Floor Amendment No. 1 Motion to Concur Rules Referred to Personnel and Pensions Committee referral-committee
  • 2016-05-31 Senate Floor Amendment No. 1 Motion to Concur Recommends Be Adopted Personnel and Pensions Committee; 005-004-000
  • 2016-05-31 Chief Sponsor Changed to Rep. Elaine Nekritz
  • 2016-05-31 Senate Floor Amendment No. 1 House Concurs 085-033-000
  • 2016-05-31 House Concurs
  • 2016-05-31 Passed Both Houses
  • 2016-06-27 Sent to the Governor executive-receipt
  • 2016-08-12 Governor Approved executive-signature
  • 2016-08-12 Effective Date August 12, 2016
  • 2016-08-12 Public Act . . . . . . . . . 99-0786 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/bcebf9ee-8ee9-4dcb-92fb-0074345ea0f6. Confidence: reported (aggregated from official Illinois legislature records).

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