Illinois SB 18: ELECTION CD-ELECTRONIC REGISTR
Status: Rule 3-9(a) / Re-referred to Assignments (as of 2019-04-12)
State: Illinois · Session: 101st · Bill: SB 18
Sponsors: Andy Manar, Antonio Muñoz, Bill Cunningham, Cristina Castro, Don Harmon, Elgie R. Sims, Jr., Emil Jones, III, Iris Y. Martinez, Jacqueline Y. Collins, Jennifer Bertino-Tarrant, Julie A. Morrison, Laura Fine, Laura M. Murphy, Linda Holmes, Michael E. Hastings, Pat McGuire, Toi W. Hutchinson
Bill Text
• Illinois General Assembly - Full Text of SB0018 • • • • • • • • • • • • Select Language × The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein. Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet. The English language version is always the official and authoritative version of this website. NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window. Choose Language English Afrikaans Albanian Arabic Armenian Azerbaijani Basque Bengali Bosnian Catalan Croatian Czech Danish Dutch Esperanto Estonian Filipino Finnish French Galician Georgian German Greek Gujarati Haitian Creole Hausa Hawaiian Hebrew Hindi Hungarian Icelandic Indonesian Interlingua Interlingue Inuktitut Irish Italian Japanese Javanese Kannada Khmer Korean Latin Latvian Lithuanian Luxembourgish Macedonian Malagasy Malayalam Maltese Maori Marathi Myanmar Nepali Norwegian Odia Pashto Punjabi Romanian Russian Samoan Sango Sanskrit Sardinian Sindhi Sinhala Slovak Slovenian Somali Southern Sotho Spanish Sundanese Swahili Swedish Tamil Telugu Thai Tigrinya Tonga Turkish Ukrainian Urdu Vietnamese Welsh Xhosa Yiddish Yoruba Zulu Powered by Translate Close Illinois General Assembly Top Navigation Bar Translate Learn Select General Assembly Search the 104th General Assembly Enter search terms for legislation, members, committees, or schedules. ILGA.GOV • • LEGISLATION & LAWS • Bills & Resolutions • Public Acts • Illinois Compiled Statutes • Illinois Constitution • Search Legislation • Glossary • Guide • Reports & Inquiry • Legislative Reports • Special Reports • FTP Site • Legislator Lookup • Capitol Complex Phone Numbers • Rules & Regulations • Illinois Register • Administrative Rules • Senate • Members • Schedules • Committees • Request for Remote Testimony • Journals • Transcripts • Rules • Audio/Video • FOIA Information • Senate Employment Opportunities • Media Guidelines • House • Members • Schedules • Committees • Submit testimony for House Committees • Journals • Transcripts • Rules • Audio/Video • FOIA Information • House Employment Opportunities • Log In Mobile Top Bar Search the 104th General Assembly Enter keywords to search the Illinois General Assembly website. Full Text of SB0018 • Home • Legislation • Full Text SB0018 - 104th General Assembly • Bill Status • Full Text • Votes • Witness Slips Select Menu Bill Status Full Text Votes Witness Slips Printer Friendly Version Introduced Printer Friendly Version Introduced Open PDF 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB0018 Introduced 1/13/2025, by Sen. Don Harmon SYNOPSIS AS INTRODUCED: 40 ILCS 5/1-110 from Ch. 108 1/2, par. 1-110 Amends the Illinois Pension Code. Makes a technical change in a Section concerning prohibited transactions. LRB104 07714 JDS 17759 b A BILL FOR SB0018LRB104 07714 JDS 17759 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 as follows: 6 (40 ILCS 5/1-110) (from Ch. 108 1/2, par. 1-110) 7 Sec. 1-110. Prohibited Transactions. 8 (a) A fiduciary with respect to a retirement system, 9pension fund, or investment board shall not cause the the 10retirement system or pension fund to engage in a transaction 11if he or she knows or should know that such transaction 12constitutes a direct or indirect: 13 (1) Sale or exchange, or leasing of any property from 14 the retirement system or pension fund to a party in 15 interest for less than adequate consideration, or from a 16 party in interest to a retirement system or pension fund 17 for more than adequate consideration. 18 (2) Lending of money or other extension of credit from 19 the retirement system or pension fund to a party in 20 interest without the receipt of adequate security and a 21 reasonable rate of interest, or from a party in interest 22 to a retirement system or pension fund with the provision 23 of excessive security or an unreasonably high rate of SB0018- 2 -LRB104 07714 JDS 17759 b 1 interest. 2 (3) Furnishing of goods, services or facilities from 3 the retirement system or pension fund
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