Bill Title: Reinserts the provisions of the introduced bill with the following changes. Provides that if a company ceases activity that designates the company to be a for-profit company that contracts to shelter migrant children, the company shall be removed from the list of restricted companies. Provides that a retirement system shall adhere to specified procedures for restricted companies that are for-profit companies that contract to shelter migrant children. Provides that if, at least 4 years after the effective date of an amendatory Act that initially establishes a prohibited transaction under this Article, the Illinois Investment Policy Board concludes that divestment is no longer necessary due to achievement of the underlying goals of the amendatory Act establishing the prohibited transaction, changes in status surrounding the prohibited transactions, or other verifiable reasons, the Illinois Investment Policy Board may cease actions to require divestment, identify restricted companies, or prohibit transactions by a majority vote of the Illinois Investment Policy Board if: (1) no less than one year prior to the change in policy, the Illinois Investment Policy Board notifies, in writing, the General Assembly of the change in policy and lists the reasons for changing the policy; and (2) the General Assembly does not, before the change in policy, adopt a House Resolution or a Senate Resolution instructing the Illinois Investment Policy Board to not change the policy. Effective immediately.

Spectrum: Strong Partisan Bill (Democrat 15-1)

Status: (Passed) 2021-07-23 - Public Act . . . . . . . . . 102-0118 [HB0232 Detail]

Text: Latest bill text (Chaptered) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Representative Elizabeth Hernandez [D]	Primary	Sponsored Bills	HD-002	FollowTheMoney	Ballotpedia	VoteSmart
Representative Carol Ammons [D]	Cosponsor	Sponsored Bills	HD-103	FollowTheMoney	Ballotpedia	VoteSmart
Representative Mark Batinick [R]	Cosponsor	Sponsored Bills	HD-097	FollowTheMoney	Ballotpedia	VoteSmart
Representative Dagmara Avelar [D]	Cosponsor	Sponsored Bills	HD-085	FollowTheMoney	Ballotpedia	VoteSmart
Representative Janet Yang Rohr [D]	Cosponsor	Sponsored Bills	HD-041	FollowTheMoney	Ballotpedia	VoteSmart
Representative Jaime Andrade [D]	Cosponsor	Sponsored Bills	HD-040	FollowTheMoney	Ballotpedia	VoteSmart
Representative Eva Dina Delgado [D]	Cosponsor	Sponsored Bills	HD-003	FollowTheMoney	Ballotpedia	VoteSmart
Representative Delia Ramirez [D]	Cosponsor	Sponsored Bills	HD-004	FollowTheMoney	Ballotpedia	VoteSmart
Representative Aaron Ortiz [D]	Cosponsor	Sponsored Bills	HD-001	FollowTheMoney	Ballotpedia	VoteSmart
Representative Edgar Gonzalez [D]	Cosponsor	Sponsored Bills	HD-023	FollowTheMoney	Ballotpedia	VoteSmart
Representative Barbara Hernandez [D]	Cosponsor	Sponsored Bills	HD-050	FollowTheMoney	Ballotpedia	VoteSmart
Representative Angelica Guerrero-Cuellar [D]	Cosponsor	Sponsored Bills	HD-022	N/A	Ballotpedia	VoteSmart
Representative Natalie Manley [D]	Cosponsor	Sponsored Bills	HD-098	FollowTheMoney	Ballotpedia	VoteSmart
Representative Emanuel Welch [D]	Cosponsor	Sponsored Bills	HD-007	FollowTheMoney	Ballotpedia	VoteSmart
Representative Jennifer Gong-Gershowitz [D]	Cosponsor	Sponsored Bills	HD-017	FollowTheMoney	Ballotpedia	VoteSmart
Senator Karina Villa [D]	Primary	Sponsored Bills	SD-025	FollowTheMoney	Ballotpedia	VoteSmart

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