2021-2022 Regular SessionIllinois Legislature

HB5705: PEN CD-PROHIBITED TRANSACTIONS

Legislative Summary

Amends the General Provisions Article of the Illinois Pension Code. Requires the Illinois Investment Policy Board to make its best efforts to identify all companies domiciled in Russia and include those companies in the list of restricted companies for purposes of investment distributed to each retirement system and the Illinois State Board of Investment. Makes conforming changes. Effective immediately.

Demographic Impact

Overall analysis of equity impact

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Bill History

2/24/2022
Filed with the Clerk by Rep. Jim Durkin
House of Representatives
2/24/2022
Added Chief Co-Sponsor Rep. Dan Brady
House of Representatives
2/24/2022
First Reading
House of Representatives
2/24/2022
Referred to Rules Committee
House of Representatives
3/7/2022
Added Co-Sponsor Rep. Tony McCombie
House of Representatives
3/10/2022
Added Co-Sponsor Rep. Thomas M. Bennett
House of Representatives

Status Information

Current Status
Introduced(2/24/2022)
Chamber
House of Representatives
Committee
Rules(House of Representatives)

Documents

Introduced
Bill Text2/24/202252.0 KB