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  Bill Information

Bill Number: HB0562

Title: Economic Opportunity Investments

Sponsor: Bradley J (D)

Location: Senate Rules Committee

Summary: Amends the Illinois Pension Code. Makes changes in the definitions of economic opportunity investment and Illinois-based project and defines Illinois-based business to mean a business that is headquarters in the state. Removes language providing a minimum percentage of pension funds assets for investment in economic opportunity investments. Provides for an annual report. Makes other changes.

Category: Pension/Retirement

Last Updated: 2008-09-10

More Information: http://www.ilga.gov/legislation/billstatus.asp?DocNum=0562&GAID=9&GA=95&DocTypeID=HB&LegID=27621&SessionID=51



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