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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 SB 2820 Illinois SB 2820 (99th)
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3 39 3 2016-02-17 2016-08-12 openstates ocd-bill/c0cd5f95-8ca1-44c6-b7d4-1d2e7356593a http://ilga.gov/legislation/BillStatus.asp?DocNum=2820&GAID=13&DocTypeID=SB&LegId=96131&SessionID=88&GA=99 7b42e1ab17f69b75b59d9783d3e44b159489d91cd3583a76da8dcacb21fb481c 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
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us-il

Illinois SB 2820 (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 — 53–0 (pass) · upper
  • Third Reading — 109–0 (pass) · lower
  • Concurrence, Amendment 1 — 57–0 (pass) · upper

Sponsors

  • John G. Mulroe — primary (person)

Timeline

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

  • 2016-02-17 Filed with Secretary by Sen. John G. Mulroe filing
  • 2016-02-17 First Reading reading-1
  • 2016-02-17 Referred to Assignments referral-committee
  • 2016-03-01 Assigned to Licensed Activities and Pensions referral-committee
  • 2016-03-17 Do Pass Licensed Activities and Pensions; 012-000-000 committee-passage
  • 2016-03-17 Placed on Calendar Order of 2nd Reading April 5, 2016
  • 2016-04-18 Second Reading reading-2
  • 2016-04-18 Placed on Calendar Order of 3rd Reading April 19, 2016
  • 2016-04-21 Third Reading - Passed; 053-000-001 reading-3, passage
  • 2016-04-22 Arrived in House introduction
  • 2016-04-22 Chief House Sponsor Rep. Elaine Nekritz
  • 2016-04-22 First Reading reading-1
  • 2016-04-22 Referred to Rules Committee referral-committee
  • 2016-05-09 Assigned to Personnel and Pensions Committee referral-committee
  • 2016-05-13 Final Action Deadline Extended-9(b) May 27, 2016
  • 2016-05-18 Do Pass / Short Debate Personnel and Pensions Committee; 008-000-000 committee-passage
  • 2016-05-18 Placed on Calendar 2nd Reading - Short Debate
  • 2016-05-18 House Floor Amendment No. 1 Filed with Clerk by Rep. Elaine Nekritz amendment-introduction
  • 2016-05-18 House Floor Amendment No. 1 Referred to Rules Committee referral-committee
  • 2016-05-18 Added Alternate Chief Co-Sponsor Rep. Carol Sente
  • 2016-05-19 House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-001-000 committee-passage-favorable
  • 2016-05-19 Second Reading - Short Debate reading-2
  • 2016-05-19 Held on Calendar Order of Second Reading - Short Debate reading-2
  • 2016-05-23 House Floor Amendment No. 1 Adopted amendment-passage
  • 2016-05-23 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2016-05-27 Third Reading - Short Debate - Passed 109-000-000 reading-3, passage
  • 2016-05-27 Secretary's Desk - Concurrence House Amendment(s) 1
  • 2016-05-27 Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 29, 2016
  • 2016-05-27 House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. John G. Mulroe filing
  • 2016-05-27 House Floor Amendment No. 1 Motion to Concur Referred to Assignments referral-committee
  • 2016-05-29 House Floor Amendment No. 1 Motion to Concur Assignments Referred to Licensed Activities and Pensions referral-committee
  • 2016-05-30 House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Licensed Activities and Pensions; 011-000-000
  • 2016-05-31 House Floor Amendment No. 1 Senate Concurs 057-000-000
  • 2016-05-31 Senate Concurs
  • 2016-05-31 Passed Both Houses
  • 2016-06-29 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 . . . . . . . . . 99-0793 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/c0cd5f95-8ca1-44c6-b7d4-1d2e7356593a. Confidence: reported (aggregated from official Illinois legislature records).

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