Illinois SB 2462: IDPH-POISON CONTROL-FUNDING

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
SB2462

Introduced 2/7/2025, by Sen. Mike Porfirio - Karina Villa - Graciela Guzmán - Rachel Ventura 

SYNOPSIS AS INTRODUCED:

40 ILCS 5/1-110.16

 Amends the General Provisions Article of the Illinois Pension Code. Removes provisions requiring the Illinois Investment Policy Board to include companies that boycott Israel in its list of restricted companies. Makes conforming changes. Effective immediately.

LRB104 09315 RPS 19373 b

A BILL FOR

SB2462LRB104 09315 RPS 19373 b

1 AN ACT concerning public employee benefits.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Illinois Pension Code is amended by 

5changing Section 1-110.16 as follows:

6 (40 ILCS 5/1-110.16)

7 Sec. 1-110.16. Transactions prohibited by retirement 

8systems; companies that boycott Israel, for-profit companies 

9that contract to shelter migrant children, Iran-restricted 

10companies, Sudan-restricted companies, expatriated entities, 

11companies that are domiciled or have their principal place of 

12business in Russia or Belarus, and companies that are subject 

13to Russian Harmful Foreign Activities Sanctions.

14 (a) As used in this Section:

15 "Boycott Israel" means engaging in actions that are 

16 politically motivated and are intended to penalize, 

17 inflict economic harm on, or otherwise limit commercial 

18 relations with the State of Israel or companies based in 

19 the State of Israel or in territories controlled by the 

20 State of Israel.

21 "Company" means any sole proprietorship, organization, 

22 association, corporation, partnership, joint venture, 

23 limited partnership, limited liability partnership, 

S