IL SR1003

Illinois Office of the Treasurer oversees approximately $60 billion in state investments with duties to protect the investment portfolio, implement savings programs, and disburse funds as directed by the state comptroller

Resolution expresses concern that environmental, social, and governance (ESG) criteria have influenced the Treasurer's investment decisions and may be susceptible to political and partisan influence

Senate reaffirms commitment to oversight and accountability, urging the Illinois Office of the Treasurer to prioritize resident well-being and prosperity above political, partisan, or ESG considerations in all investment decisions

Resolution demands full transparency from the Illinois Office of the Treasurer regarding the rationale behind investment choices to ensure they are based on sound financial principles and the best interests of Illinois residents