IL HB5201

Repeals the Illinois Sustainable Investing Act entirely.

Removes requirement from Public Funds Investment Act that investment policies include consideration of sustainability factors (environmental, social, governance, human capital, and business model factors).

Removes requirement from Illinois Pension Code that pension fund and retirement system investment policies include material sustainability factors in investment decision-making.

Eliminates requirement for pension boards to publish detailed annual reports describing how they consider sustainability factors, instead requiring only publication of proxy voting guidelines.