Bill Title: Amends the Illinois Pension Code. Requires that a description of every contract for qualified fund-of-fund management services must be posted in a conspicuous manner on the web site of the retirement system, pension fund, or investment board and must include the name of the fund-of-funds, the name of its investment adviser, the total investment commitment of the retirement system, pension fund, or investment board to invest in such fund-of-funds, and a disclosure approved by the board describing the factors that contributed to the investment in such fund-of-funds. Effective immediately.

Spectrum: Bipartisan Bill

Status: (Engrossed - Dead) 2010-11-30 - House Floor Amendment No. 2 Recommends Be Adopted State Government Administration Committee; 016-001-000 [SB3162 Detail]

Text: Latest bill text (Engrossed) [HTML]

---

Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
Senate	Third Reading in Senate	2010-03-12	52	0	7	0	59	Passed	Link	View

Social Comments on IL SB3162