91st General Assembly
Summary of SB1320
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Senate Sponsors:
SILVERSTEIN.

Short description: 
WWII-SLAVE LABOR-COMPENSATION                                              

Synopsis of Bill as introduced:
        Amends the State Treasurer Act, the Illinois  Pension  Code,  and      
   the  Code  of  Civil  Procedure.  Requires the State Treasurer and the      
   Illinois  State  Board  of  Investment  to  monitor  and   report   on      
   investments  of State moneys, including public pension fund moneys, in      
   companies doing business in Illinois  that  may  owe  compensation  to      
   Second  World  War forced or slave labor victims.  Authorizes a Second      
   World War forced or slave labor victim or heir of  such  a  victim  to      
   bring  an  action  to  recover compensation for forced or slave labor.      
   Provides that such an action may  not  be  dismissed  for  failure  to      
   comply  with  the  applicable  statute of limitations if the action is      
   commenced before January 1, 2011. Effective immediately.                    
          PENSION NOTE (Pension Laws Commission)                               
          SB 1320 would not increase the accrued liability or annual           
          costs of any public pension fund or retirement system in Ill.        
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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