GA96HB5059 96 HB 5059 PEN CD-INVESTMT-DERIVATIVES Amends the Illinois Pension Code. Provides that a retirement system or pension fund may not invest in any funds that trade derivatives in off markets or non-open markets, and if a retirement system or pension fund is investing in such a fund on the effective date, then the retirement system or pension fund must divest the retirement system's interest in the fund within one year after the effective date. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. http://www.ilga.gov/legislation/BillStatus.asp?DocNum=5059&GAID=10&DocTypeID=HB&LegId=49807&SessionID=76&GA=96 2010-03-11 00:00:00 House Remains in Personnel and Pensions Committee 0 5 HPPN 2010-03-11 00:00:00 House Motion Do Pass - Lost Personnel and Pensions Committee; 004-003-003 0 4 HPPN 2010-01-25 00:00:00 House Referred to Rules Committee 0 2 HRUL 2010-02-23 00:00:00 House Assigned to Personnel and Pensions Committee 0 3 HPPN 2010-01-25 00:00:00 House First Reading 1 1 2010-01-25 00:00:00 House Filed with the Clerk by Rep. Kevin Joyce 0 0 2010-03-15 00:00:00 House Rule 19(a) / Re-referred to Rules Committee 1 6 HRUL KevinJoyce House Chief Sponsor