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IL HB3444
Bill
Status
Introduced
2/19/2021
Primary Sponsor
Janet Yang Rohr
Click for details
AI Summary
- Amends the Public Funds Investment Act by adding Section 10 regarding state shareholder voting rights in corporations.
- Requires the State of Illinois or a designated state official to exercise shareholder votes when state investments in corporations entitle the state to voting interests.
- Mandates that all shareholder votes cast by the state be recorded and reported to the General Assembly.
- Requires all state shareholder votes to be made publicly available on the State Treasurer's Internet website.
Legislative Description
PUBLIC FUNDS INVESTMENT-VOTING
Last Action
Rule 19(a) / Re-referred to Rules Committee
3/27/2021
Committee Referrals
Rules3/27/2021
State Government Administration3/16/2021
Rules2/22/2021
Full Bill Text
No bill text available