Illinois · House Bill 2782 · 103rd General Assembly

SUSTAINABILITY DISCLOSURES

HB 2782 Sponsored by Ann M. Williams Became law

  1. Introduced Feb 16, 2023
  2. In committee Feb 16, 2023
  3. Passed the House Mar 23, 2023
  4. Passed the Senate May 25, 2023
  5. To the governor Jun 22, 2023
  6. Became law Jul 28, 2023

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Illinois Sustainable Investing Act. Provides that, effective January 1, 2024, every investment manager shall comply with annual disclosure requirements that will require the investment manager to provide a description of the process through which the manager prudently integrates sustainability factors into its investment decision-making, investment analysis, portfolio construction, due diligence, and…

Read the full title (146 words)

Amends the Illinois Sustainable Investing Act. Provides that, effective January 1, 2024, every investment manager shall comply with annual disclosure requirements that will require the investment manager to provide a description of the process through which the manager prudently integrates sustainability factors into its investment decision-making, investment analysis, portfolio construction, due diligence, and investment ownership in order to maximize anticipated financial returns, identify and minimize projected risk, and execute its fiduciary duties more effectively. Provides that the investment manager shall provide the annual disclosure to each public agency, pension fund, retirement system, or governmental unit for whom the investment manager is acting as a fiduciary or seeking selection as a fiduciary prior to acting in this capacity and at least annually thereafter. Provides that annual disclosures shall be submitted by January 31st of every year after the effective date of the amendatory Act. Defines "investment manager".

Every action

44 steps, oldest first, as the legislature records them.

Show the 36 earlier steps
  1. HouseFiled with the Clerk by Rep. Ann M. Williams
  2. HouseFirst Reading
  3. CommitteeReferred to Rules Committee · House Rules
  4. CommitteeAssigned to Financial Institutions and Licensing Committee · House Financial Institutions & Licensing
  5. CommitteeDo Pass / Short Debate Financial Institutions and Licensing Committee; 008-004-000 · House Financial Institutions & Licensing
  6. HousePlaced on Calendar 2nd Reading - Short Debate
  7. HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Ann M. Williams
  8. CommitteeHouse Floor Amendment No. 1 Referred to Rules Committee · House Rules
  9. HouseAdded Chief Co-Sponsor Rep. Laura Faver Dias
  10. HouseAdded Chief Co-Sponsor Rep. Will Guzzardi
  11. HouseAdded Chief Co-Sponsor Rep. Kelly M. Cassidy
  12. HouseAdded Chief Co-Sponsor Rep. Eva-Dina Delgado
  13. CommitteeHouse Floor Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee · House Financial Institutions & Licensing
  14. CommitteeHouse Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee; 009-003-000 · House Financial Institutions & Licensing
  15. HouseAdded Co-Sponsor Rep. Margaret Croke
  16. HouseAdded Co-Sponsor Rep. Rita Mayfield
  17. HouseAdded Co-Sponsor Rep. Sonya M. Harper
  18. HouseAdded Co-Sponsor Rep. Barbara Hernandez
  19. HouseSecond Reading - Short Debate
  20. HouseHouse Floor Amendment No. 1 Adopted
  21. HousePlaced on Calendar Order of 3rd Reading - Short Debate
  22. HouseAdded Co-Sponsor Rep. Jawaharial Williams
  23. HouseAdded Co-Sponsor Rep. Jaime M. Andrade, Jr.
  24. HouseAdded Co-Sponsor Rep. Katie Stuart
  25. HouseThird Reading - Short Debate - Passed 079-026-001
  26. SenateArrive in Senate
  27. SenatePlaced on Calendar Order of First Reading
  28. SenateChief Senate Sponsor Sen. Ram Villivalam
  29. SenateFirst Reading
  30. CommitteeReferred to Assignments · Senate Assignments
  31. CommitteeAssigned to Financial Institutions · Senate Financial Institutions
  32. CommitteeDo Pass Financial Institutions; 005-003-000 · Senate Financial Institutions
  33. SenatePlaced on Calendar Order of 2nd Reading April 27, 2023
  34. SenateSecond Reading
  35. SenatePlaced on Calendar Order of 3rd Reading May 2, 2023
  36. SenateRule 2-10 Third Reading Deadline Established As May 25, 2023
  1. SenateRule 2-10 Third Reading Deadline Established As May 19, 2023
  2. SenateRule 2-10 Third Reading Deadline Established As May 25, 2023
  3. SenateThird Reading - Passed; 035-019-000
  4. HousePassed Both Houses
  5. HouseSent to the Governor
  6. HouseGovernor Approved
  7. HouseEffective Date January 1, 2024
  8. HousePublic Act . . . . . . . . . 103-0324

Roll calls

5 recorded votes: 2 on the floor, 3 in committee. Each shows how every member voted.

Third Reading · Full House

Passed 79–26
Mar 23, 2023 · journal entry
Yes 79 No 26 Not voting 12
Democrats: 70 yes, 0 no Republicans: 9 yes, 26 no
How each member voted

Yes · 79

No · 26

Not voting · 3

Absent · 1

Excused · 8

Third Reading · Full Senate

Passed 35–19
May 25, 2023 · journal entry
Yes 35 No 19 Not voting 5
Democrats: 35 yes, 0 no Republicans: 0 yes, 19 no
How each member voted

Yes · 35

No · 19

Not voting · 5

Committee and other votes

DateWhereQuestionResult
Mar 7, 2023 House Financial Institutions & Licensing Financial Institutions & Licensing - Do Pass
Members

Yes · 8

No · 4

 Passed 8–4
Mar 21, 2023 House Financial Institutions & Licensing House Floor Amendment No. 1 - Financial Institutions & Licensing - Recommends Be Adopted
Members

Yes · 9

No · 3

 Passed 9–3
Apr 25, 2023 Senate Financial Institutions Financial Institutions - Do Pass
Members

Yes · 5

No · 3

 5–3

Sponsors

The member who introduced it, joined by 11 cosponsors: 11 Democrats.

All 11 cosponsors

From Illinois's official records (www.ilga.gov), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.