Fabio
144 lines
10 KiB
Markdown
144 lines
10 KiB
Markdown
---
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type: "Bill"
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title: "SUSTAINABLE INVESTING ACT"
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description: "Creates the Illinois Sustainable Investing Act. Provides that any public agency or governmental unit shall develop, publish, and implement sustainable investment policies applicable to the management of all public funds under its control. Provides that the sustainable investment policy may be incorporated in existing investment policies developed, published, and implemented by a public agency or governmental unit. Provides that the sustainable investment policy shall include material, relevant, and decision-useful sustainability factors to be applied by the public agency or governmental unit in evaluating investment decisions. Provides that a public agency shall prudently integrate sustainability factors into its investment decision-making, investment analysis, portfolio construction, due diligence, and investment ownership in order to maximize anticipated financial returns, minimize projected risk, and more effectively execute its fiduciary duty. Specifies sustainability factors, and the ways in which such factors may be analyzed. Amends the Deposit of State Moneys Act, the Public Funds Investment Act, and the Illinois Pension Code to make changes concerning investment policy and the Illinois Sustainable Investing Act. Provides findings and purpose provisions. Defines terms."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "101st"
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identifier: "HB 2460"
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citation: "Illinois HB 2460 (101st)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: []
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version_count: 3
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action_count: 68
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vote_count: 3
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first_action: "2019-02-13"
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last_action: "2019-08-23"
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source: "openstates"
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source_identifier: "ocd-bill/e7736b31-f818-4000-ab16-e829df441f56"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2460&GAID=15&DocTypeID=HB&LegId=118468&SessionID=108&GA=101"
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source_hash: "0e44c52ffc46e0259446267832de932e3305f581795dd263adc584ad5cc5f33b"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois HB 2460 (101st) — SUSTAINABLE INVESTING ACT
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Creates the Illinois Sustainable Investing Act. Provides that any public agency or governmental unit shall develop, publish, and implement sustainable investment policies applicable to the management of all public funds under its control. Provides that the sustainable investment policy may be incorporated in existing investment policies developed, published, and implemented by a public agency or governmental unit. Provides that the sustainable investment policy shall include material, relevant, and decision-useful sustainability factors to be applied by the public agency or governmental unit in evaluating investment decisions. Provides that a public agency shall prudently integrate sustainability factors into its investment decision-making, investment analysis, portfolio construction, due diligence, and investment ownership in order to maximize anticipated financial returns, minimize projected risk, and more effectively execute its fiduciary duty. Specifies sustainability factors, and the ways in which such factors may be analyzed. Amends the Deposit of State Moneys Act, the Public Funds Investment Act, and the Illinois Pension Code to make changes concerning investment policy and the Illinois Sustainable Investing Act. Provides findings and purpose provisions. Defines terms.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10100HB2460&GA=101&SessionId=108&DocTypeId=HB&LegID=118468&DocNum=2460&GAID=15&SpecSess=&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10100HB2460eng&GA=101&SessionId=108&DocTypeId=HB&LegID=118468&DocNum=2460&GAID=15&SpecSess=&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10100HB2460enr&GA=101&SessionId=108&DocTypeId=HB&LegID=118468&DocNum=2460&GAID=15&SpecSess=&Session=&print=true)
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## Votes
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- Third Reading — **66–46** (pass) · lower
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- Third Reading — **37–19** (pass) · upper
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- Concurrence — **73–42** (pass) · lower
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## Sponsors
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- Bob Morgan — cosponsor (person)
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- Celina Villanueva — cosponsor (person)
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- Cristina Castro — cosponsor (person)
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- Debbie Meyers-Martin — cosponsor (person)
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- Elizabeth Hernandez — cosponsor (person)
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- Iris Y. Martinez — primary (person)
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- Jacqueline Y. Collins — cosponsor (person)
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- Jawaharial Williams — cosponsor (person)
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- Jonathan Carroll — cosponsor (person)
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- Kelly M. Cassidy — cosponsor (person)
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- Martin A. Sandoval — cosponsor (person)
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- Mattie Hunter — cosponsor (person)
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- Natalie A. Manley — cosponsor (person)
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- Stephanie A. Kifowit — cosponsor (person)
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- Theresa Mah — cosponsor (person)
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- William Davis — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2019-02-13** Filed with the Clerk by Rep. William Davis `filing`
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- **2019-02-13** First Reading `reading-1`
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- **2019-02-13** Referred to Rules Committee `referral-committee`
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- **2019-02-26** Assigned to State Government Administration Committee `referral-committee`
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- **2019-03-06** Do Pass / Short Debate State Government Administration Committee; 006-004-000 `committee-passage`
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- **2019-03-07** Placed on Calendar 2nd Reading - Short Debate
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- **2019-03-11** Fiscal Note Requested by Rep. Tom Demmer
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- **2019-03-11** State Mandates Fiscal Note Requested by Rep. Tom Demmer
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- **2019-03-14** State Mandates Fiscal Note Filed
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- **2019-03-15** Fiscal Note Filed
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- **2019-03-19** Second Reading - Short Debate `reading-2`
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- **2019-03-19** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2019-03-20** Added Chief Co-Sponsor Rep. Debbie Meyers-Martin
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- **2019-03-20** Added Co-Sponsor Rep. Jonathan Carroll
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- **2019-03-20** House Floor Amendment No. 1 Filed with Clerk by Rep. William Davis `amendment-introduction`
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- **2019-03-20** House Floor Amendment No. 1 Referred to Rules Committee `referral-committee`
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- **2019-03-20** Added Co-Sponsor Rep. Bob Morgan
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- **2019-03-21** House Floor Amendment No. 1 Rules Refers to State Government Administration Committee
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- **2019-03-28** Added Co-Sponsor Rep. Kelly M. Cassidy
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- **2019-03-28** Added Co-Sponsor Rep. Theresa Mah
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- **2019-03-28** Added Co-Sponsor Rep. Celina Villanueva
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- **2019-03-29** House Floor Amendment No. 1 Recommends Be Adopted State Government Administration Committee; 007-003-000 `committee-passage-favorable`
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- **2019-03-29** House Floor Amendment No. 2 Filed with Clerk by Rep. William Davis `amendment-introduction`
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- **2019-03-29** House Floor Amendment No. 2 Referred to Rules Committee `referral-committee`
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- **2019-04-02** House Floor Amendment No. 2 Rules Refers to State Government Administration Committee
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- **2019-04-03** House Floor Amendment No. 2 Recommends Be Adopted State Government Administration Committee; 007-003-000 `committee-passage-favorable`
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- **2019-04-04** Recalled to Second Reading - Short Debate `reading-2`
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- **2019-04-04** House Floor Amendment No. 1 Adopted `amendment-passage`
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- **2019-04-04** Held on Calendar Order of Second Reading - Short Debate `reading-2`
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- **2019-04-04** House Floor Amendment No. 2 Adopted `amendment-passage`
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- **2019-04-04** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2019-04-04** Third Reading - Short Debate - Passed 066-046-000 `reading-3, passage`
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- **2019-04-04** Arrive in Senate `introduction`
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- **2019-04-04** Placed on Calendar Order of First Reading `reading-1`
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- **2019-04-04** Chief Senate Sponsor Sen. Iris Y. Martinez
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- **2019-04-04** First Reading `reading-1`
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- **2019-04-04** Referred to Assignments `referral-committee`
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- **2019-04-24** Assigned to Financial Institutions `referral-committee`
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- **2019-04-29** Senate Committee Amendment No. 1 Filed with Secretary by Sen. Iris Y. Martinez `amendment-introduction`
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- **2019-04-29** Senate Committee Amendment No. 1 Referred to Assignments `referral-committee`
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- **2019-04-30** Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
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- **2019-05-01** Senate Committee Amendment No. 1 Adopted `amendment-passage`
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- **2019-05-01** Do Pass as Amended Financial Institutions; 006-003-000 `committee-passage`
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- **2019-05-01** Placed on Calendar Order of 2nd Reading May 2, 2019
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- **2019-05-01** Added as Alternate Co-Sponsor Sen. Jacqueline Y. Collins
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- **2019-05-09** Added as Alternate Co-Sponsor Sen. Mattie Hunter
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- **2019-05-16** Added as Alternate Co-Sponsor Sen. Cristina Castro
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- **2019-05-17** Second Reading `reading-2`
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- **2019-05-17** Placed on Calendar Order of 3rd Reading May 20, 2019
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- **2019-05-20** Added as Alternate Co-Sponsor Sen. Martin A. Sandoval
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- **2019-05-23** Third Reading - Passed; 037-019-000 `reading-3, passage`
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- **2019-05-23** Arrived in House `introduction`
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- **2019-05-23** Placed on Calendar Order of Concurrence Senate Amendment(s) 1
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- **2019-05-24** Senate Committee Amendment No. 1 Motion Filed Concur Rep. William Davis
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- **2019-05-24** Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee `referral-committee`
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- **2019-05-24** Senate Committee Amendment No. 1 Motion to Concur Rules Referred to State Government Administration Committee `referral-committee`
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- **2019-05-27** Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted State Government Administration Committee; 006-004-000
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- **2019-05-28** Added Chief Co-Sponsor Rep. Stephanie A. Kifowit
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- **2019-05-28** Added Co-Sponsor Rep. Natalie A. Manley
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- **2019-05-28** Added Co-Sponsor Rep. Elizabeth Hernandez
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- **2019-05-29** Senate Committee Amendment No. 1 House Concurs 073-042-000
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- **2019-05-29** House Concurs
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- **2019-05-29** Passed Both Houses
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- **2019-05-29** Added Co-Sponsor Rep. Jawaharial Williams
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- **2019-06-27** Sent to the Governor `executive-receipt`
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- **2019-08-23** Governor Approved `executive-signature`
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- **2019-08-23** Effective Date January 1, 2020
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- **2019-08-23** Public Act . . . . . . . . . 101-0473 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/e7736b31-f818-4000-ab16-e829df441f56`. Confidence: reported (aggregated from official Illinois legislature records).
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