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IL HB3444

Bill

Status

Introduced

2/19/2021

Primary Sponsor

Janet Yang Rohr

Click for details

Origin

House of Representatives

102nd General Assembly

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