SB3403 — PEN CD-BD OF INVESTMENT AUDIT
Last action — Public Act . . . . . . . . . 104-0849
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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5To Executive
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6Enacted
This bill has been sent to the executive. Introduced February 04, 2026. It awaits signature.
Next likely step: the executive signs it into law or issues a veto.
Odds of enactment
Moderate chanceBased on the sponsor, cosponsors, and committee posture, this bill has a moderate chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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To Executive
Current position in the legislative process.
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3 sponsors
1 primary, 2 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 D).
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Cleared a recorded vote
Passed 7 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
In plain language
Allows the Illinois State Board of Investment more time to provide audit reports without being penalized.
The bill changes the timeline for the Illinois State Board of Investment regarding audit opinions. If the Board does not receive a required audit opinion by December 15, it will not be deemed to have violated reporting requirements for pension funds.
Summary
Amends the Investment Board Article of the Illinois Pension. Provides that, if the Illinois State Board of Investment has not received a required audit opinion by December 15, the Board shall not be considered in violation of a provision requiring an annual report to each pension fund, retirement system, or education fund under the Board's jurisdiction within 6 months after the close of each fiscal year. Effective immediately.
Bill Text
We don't have the full text on file for this bill yet.
Read SB3403 on the official Illinois source →Action History
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Public Act . . . . . . . . . 104-0849
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Effective Date August 21, 2026
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Governor Approved
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Sent to the Governor
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Passed Both Houses
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Senate Concurs
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House Floor Amendment No. 1 Senate Concurs 057-000-001
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House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Pensions; 009-000-000
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House Floor Amendment No. 1 Motion to Concur Assignments Referred to Pensions
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House Floor Amendment No. 1 Motion to Concur Referred to Assignments
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House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Robert F. Martwick
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Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 29, 2026
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Secretary's Desk - Concurrence House Amendment(s) 1
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Third Reading - Short Debate - Passed 089-020-000
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Placed on Calendar Order of 3rd Reading - Short Debate
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House Floor Amendment No. 1 Adopted by Voice Vote
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Recalled to Second Reading - Short Debate
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House Floor Amendment No. 1 Recommends Be Adopted Personnel & Pensions Committee; 007-004-000
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House Floor Amendment No. 1 Pension Note Filed as Amended
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House Floor Amendment No. 1 Rules Refers to Personnel & Pensions Committee
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House Floor Amendment No. 1 Referred to Rules Committee
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House Floor Amendment No. 1 Filed with Clerk by Rep. Janet Yang Rohr
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Third Reading/Final Action Deadline Extended-9(b) May 31, 2026
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Added Alternate Chief Co-Sponsor Rep. Laura Faver Dias
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Placed on Calendar Order of 3rd Reading - Short Debate
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Second Reading - Short Debate
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Placed on Calendar 2nd Reading - Short Debate
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Do Pass / Short Debate Personnel & Pensions Committee; 010-000-000
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Pension Note Filed
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Assigned to Personnel & Pensions Committee
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Referred to Rules Committee
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First Reading
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Chief House Sponsor Rep. Janet Yang Rohr
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Arrived in House
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Third Reading - Passed; 057-000-000
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Placed on Calendar Order of 3rd Reading ** April 15, 2026
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Placed on Calendar Order of 3rd Reading March 10, 2026
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Second Reading
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Placed on Calendar Order of 2nd Reading March 5, 2026
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Do Pass Pensions; 007-000-000
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Assigned to Pensions
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Referred to Assignments
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First Reading
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Filed with Secretary by Sen. Robert F. Martwick
Sponsors
- Robert F. Martwick · Primary
- Yang Rohr · Cosponsor
- Faver Dias · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 2 co-sponsors · 180 not signed on · 20 voted No
Sponsors (1)
- Robert F. Martwick Democrat
Co-sponsors (2)
Not signed on (180)
180 members have not signed on to this bill.
Show all 180 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 18 | 0 | 0 | 1 |
| Democrat | 33 | 0 | 0 | 1 |
| Unaffiliated | 5 | 0 | 0 | 0 |
| Total | 56 | 0 | 0 | 2 |
| % of votes cast | 97% | 0% | 0% | 3% |
How each member voted (58)
| Member | Party | Vote |
|---|---|---|
| Simmons | — | Yea |
| Harris, N. | — | Yea |
| Johnson | — | Yea |
| Glowiak Hilton | — | Yea |
| Loughran Cappel | — | Yea |
| Bill Cunningham | Democrat | Yea |
| Celina Villanueva | Democrat | Yea |
| Christopher Belt | Democrat | Yea |
| Cristina Castro | Democrat | Yea |
| David Koehler | Democrat | Yea |
| Doris Turner | Democrat | Yea |
| Elgie R. Sims, Jr. | Democrat | Yea |
| Emil Jones, III | Democrat | Yea |
| Graciela Guzmán | Democrat | Yea |
| Javier L. Cervantes | Democrat | Yea |
| Julie A. Morrison | Democrat | Yea |
| Karina Villa | Democrat | Yea |
| Kimberly A. Lightford | Democrat | Yea |
| Lakesia Collins | Democrat | Yea |
| Laura Ellman | Democrat | Yea |
| Laura Fine | Democrat | Yea |
| Laura M. Murphy | Democrat | Not Voting |
| Linda Holmes | Democrat | Yea |
| Mark L. Walker | Democrat | Yea |
| Mary Edly-Allen | Democrat | Yea |
| Mattie Hunter | Democrat | Yea |
| Michael E. Hastings | Democrat | Yea |
| Michael W. Halpin | Democrat | Yea |
| Mike Porfirio | Democrat | Yea |
| Omar Aquino | Democrat | Yea |
| Patrick J. Joyce | Democrat | Yea |
| Paul Faraci | Democrat | Yea |
| Rachel Ventura | Democrat | Yea |
| Ram Villivalam | Democrat | Yea |
| Robert F. Martwick | Democrat | Yea |
| Robert Peters | Democrat | Yea |
| Sara Feigenholtz | Democrat | Yea |
| Steve Stadelman | Democrat | Yea |
| Willie Preston | Democrat | Yea |
| Andrew S. Chesney | Republican | Yea |
| Chapin Rose | Republican | Yea |
| Chris Balkema | Republican | Yea |
| Craig Wilcox | Republican | Yea |
| Dale Fowler | Republican | Not Voting |
| Darby A. Hills | Republican | Yea |
| Dave Syverson | Republican | Yea |
| Donald P. DeWitte | Republican | Yea |
| Erica Harriss | Republican | Yea |
| Jason Plummer | Republican | Yea |
| Jil Tracy | Republican | Yea |
| John F. Curran | Republican | Yea |
| Li Arellano, Jr. | Republican | Yea |
| Neil Anderson | Republican | Yea |
| Sally J. Turner | Republican | Yea |
| Seth Lewis | Republican | Yea |
| Steve McClure | Republican | Yea |
| Sue Rezin | Republican | Yea |
| Terri Bryant | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 3 | 0 | 0 | 0 |
| Democrat | 6 | 0 | 0 | 1 |
| Total | 9 | 0 | 0 | 1 |
| % of votes cast | 90% | 0% | 0% | 10% |
How each member voted (10)
| Member | Party | Vote |
|---|---|---|
| Javier L. Cervantes | Democrat | Not Voting |
| Linda Holmes | Democrat | Yea |
| Mark L. Walker | Democrat | Yea |
| Mattie Hunter | Democrat | Yea |
| Paul Faraci | Democrat | Yea |
| Robert F. Martwick | Democrat | Yea |
| Sara Feigenholtz | Democrat | Yea |
| Chris Balkema | Republican | Yea |
| Li Arellano, Jr. | Republican | Yea |
| Neil Anderson | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 67 | 0 | 0 | 3 |
| Republican | 14 | 19 | 0 | 5 |
| Unaffiliated | 7 | 1 | 0 | 1 |
| Total | 88 | 20 | 0 | 9 |
| % of votes cast | 75% | 17% | 0% | 8% |
How each member voted (117)
| Member | Party | Vote |
|---|---|---|
| Jacobs | — | Nay |
| Johnson | — | Yea |
| Jones | — | Not Voting |
| Du Buclet | — | Yea |
| Faver Dias | — | Yea |
| Hernandez, Lisa | — | Yea |
| Katz Muhl | — | Yea |
| La Ha | — | Yea |
| Yang Rohr | — | Yea |
| Aarón M. Ortíz | Democrat | Yea |
| Abdelnasser Rashid | Democrat | Yea |
| Amy Briel | Democrat | Yea |
| Angelica Guerrero-Cuellar | Democrat | Yea |
| Ann M. Williams | Democrat | Yea |
| Anna Moeller | Democrat | Yea |
| Anne Stava | Democrat | Yea |
| Anthony DeLuca | Democrat | Yea |
| Barbara Hernandez | Democrat | Yea |
| Bob Morgan | Democrat | Yea |
| Camille Y. Lilly | Democrat | Yea |
| Carol Ammons | Democrat | Yea |
| Curtis J. Tarver, II | Democrat | Not Voting |
| Dagmara Avelar | Democrat | Yea |
| Daniel Didech | Democrat | Yea |
| Dave Vella | Democrat | Yea |
| Debbie Meyers-Martin | Democrat | Yea |
| Diane Blair-Sherlock | Democrat | Yea |
| Edgar González, Jr. | Democrat | Yea |
| Eva-Dina Delgado | Democrat | Yea |
| Fred Crespo | Democrat | Yea |
| Harry Benton | Democrat | Yea |
| Hoan Huynh | Democrat | Yea |
| Jaime M. Andrade, Jr. | Democrat | Not Voting |
| Jawaharial Williams | Democrat | Yea |
| Jay Hoffman | Democrat | Yea |
| Jehan Gordon-Booth | Democrat | Yea |
| Jennifer Gong-Gershowitz | Democrat | Yea |
| Joyce Mason | Democrat | Yea |
| Justin Cochran | Democrat | Yea |
| Justin Slaughter | Democrat | Yea |
| Kam Buckner | Democrat | Yea |
| Katie Stuart | Democrat | Yea |
| Kelly M. Cassidy | Democrat | Yea |
| Kevin John Olickal | Democrat | Yea |
| La Shawn K. Ford | Democrat | Yea |
| Lawrence "Larry" Walsh, Jr. | Democrat | Yea |
| Lilian Jiménez | Democrat | Yea |
| Lindsey LaPointe | Democrat | Yea |
| Lisa Davis | Democrat | Yea |
| Marcus C. Evans, Jr. | Democrat | Not Voting |
| Margaret A. DeLaRosa | Democrat | Yea |
| Margaret Croke | Democrat | Yea |
| Martha Deuter | Democrat | Yea |
| Mary Beth Canty | Democrat | Yea |
| Mary Gill | Democrat | Yea |
| Matt Hanson | Democrat | Yea |
| Maura Hirschauer | Democrat | Yea |
| Maurice A. West, II | Democrat | Yea |
| Michael Crawford | Democrat | Yea |
| Michael J. Kelly | Democrat | Yea |
| Michelle Mussman | Democrat | Yea |
| Nabeela Syed | Democrat | Yea |
| Natalie A. Manley | Democrat | Yea |
| Nicholas K. Smith | Democrat | Yea |
| Nicolle Grasse | Democrat | Yea |
| Norma Hernandez | Democrat | Yea |
| Rick Ryan | Democrat | Yea |
| Rita Mayfield | Democrat | Yea |
| Robert "Bob" Rita | Democrat | Yea |
| Robyn Gabel | Democrat | Yea |
| Sharon Chung | Democrat | Yea |
| Sonya M. Harper | Democrat | Yea |
| Stephanie A. Kifowit | Democrat | Yea |
| Sue Scherer | Democrat | Yea |
| Suzanne M. Ness | Democrat | Yea |
| Theresa Mah | Democrat | Yea |
| Will Guzzardi | Democrat | Yea |
| William "Will" Davis | Democrat | Yea |
| Yolonda Morris | Democrat | Yea |
| Adam M. Niemerg | Republican | Nay |
| Amy Elik | Republican | Yea |
| Amy L. Grant | Republican | Nay |
| Blaine Wilhour | Republican | Nay |
| Brad Halbrook | Republican | Nay |
| Brad Stephens | Republican | Yea |
| Bradley Fritts | Republican | Yea |
| Brandun Schweizer | Republican | Yea |
| Charles Meier | Republican | Nay |
| Chris Miller | Republican | Nay |
| Christopher "C.D." Davidsmeyer | Republican | Nay |
| Dan Swanson | Republican | Yea |
| Daniel J. Ugaste | Republican | Not Voting |
| Dave Severin | Republican | Nay |
| David Friess | Republican | Nay |
| Dennis Tipsword | Republican | Not Voting |
| Jackie Haas | Republican | Not Voting |
| Jason R. Bunting | Republican | Nay |
| Jed Davis | Republican | Nay |
| Jeff Keicher | Republican | Yea |
| Jennifer Sanalitro | Republican | Yea |
| Joe C. Sosnowski | Republican | Nay |
| John M. Cabello | Republican | Yea |
| Kevin Schmidt | Republican | Yea |
| Kyle Moore | Republican | Nay |
| Martin McLaughlin | Republican | Nay |
| Michael J. Coffey, Jr. | Republican | Yea |
| Norine K. Hammond | Republican | Yea |
| Patrick Sheehan | Republican | Yea |
| Patrick Windhorst | Republican | Nay |
| Regan Deering | Republican | Nay |
| Ryan Spain | Republican | Yea |
| Steven Reick | Republican | Not Voting |
| Tom Weber | Republican | Nay |
| Tony M. McCombie | Republican | Yea |
| Travis Weaver | Republican | Nay |
| Wayne A. Rosenthal | Republican | Not Voting |
| William E Hauter | Republican | Nay |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 7 | 0 | 0 | 1 |
| Republican | 0 | 4 | 0 | 0 |
| Total | 7 | 4 | 0 | 1 |
| % of votes cast | 58% | 33% | 0% | 8% |
How each member voted (12)
| Member | Party | Vote |
|---|---|---|
| Carol Ammons | Democrat | Yea |
| Dagmara Avelar | Democrat | Yea |
| Dave Vella | Democrat | Yea |
| Janet Yang Rohr | Democrat | Yea |
| Laura Faver Dias | Democrat | Yea |
| Michael J. Kelly | Democrat | Yea |
| Stephanie A. Kifowit | Democrat | Not Voting |
| Yolonda Morris | Democrat | Yea |
| Blaine Wilhour | Republican | Nay |
| Kyle Moore | Republican | Nay |
| Steven Reick | Republican | Nay |
| Travis Weaver | Republican | Nay |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 8 | 0 | 0 | 0 |
| Republican | 2 | 0 | 0 | 2 |
| Total | 10 | 0 | 0 | 2 |
| % of votes cast | 83% | 0% | 0% | 17% |
How each member voted (12)
| Member | Party | Vote |
|---|---|---|
| Carol Ammons | Democrat | Yea |
| Dagmara Avelar | Democrat | Yea |
| Dave Vella | Democrat | Yea |
| Janet Yang Rohr | Democrat | Yea |
| Martha Deuter | Democrat | Yea |
| Michael J. Kelly | Democrat | Yea |
| Stephanie A. Kifowit | Democrat | Yea |
| Yolonda Morris | Democrat | Yea |
| Blaine Wilhour | Republican | Not Voting |
| Kyle Moore | Republican | Yea |
| Patrick Sheehan | Republican | Yea |
| Travis Weaver | Republican | Not Voting |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 19 | 0 | 0 | 0 |
| Democrat | 32 | 0 | 0 | 2 |
| Unaffiliated | 5 | 0 | 0 | 0 |
| Total | 56 | 0 | 0 | 2 |
| % of votes cast | 97% | 0% | 0% | 3% |
How each member voted (58)
| Member | Party | Vote |
|---|---|---|
| Simmons | — | Yea |
| Harris, N. | — | Yea |
| Johnson | — | Yea |
| Glowiak Hilton | — | Yea |
| Loughran Cappel | — | Yea |
| Bill Cunningham | Democrat | Yea |
| Celina Villanueva | Democrat | Yea |
| Christopher Belt | Democrat | Yea |
| Cristina Castro | Democrat | Yea |
| David Koehler | Democrat | Yea |
| Doris Turner | Democrat | Yea |
| Elgie R. Sims, Jr. | Democrat | Yea |
| Emil Jones, III | Democrat | Yea |
| Graciela Guzmán | Democrat | Yea |
| Javier L. Cervantes | Democrat | Yea |
| Julie A. Morrison | Democrat | Yea |
| Karina Villa | Democrat | Yea |
| Kimberly A. Lightford | Democrat | Yea |
| Lakesia Collins | Democrat | Yea |
| Laura Ellman | Democrat | Yea |
| Laura Fine | Democrat | Yea |
| Laura M. Murphy | Democrat | Yea |
| Linda Holmes | Democrat | Yea |
| Mark L. Walker | Democrat | Yea |
| Mary Edly-Allen | Democrat | Yea |
| Mattie Hunter | Democrat | Yea |
| Michael E. Hastings | Democrat | Yea |
| Michael W. Halpin | Democrat | Yea |
| Mike Porfirio | Democrat | Not Voting |
| Omar Aquino | Democrat | Yea |
| Patrick J. Joyce | Democrat | Yea |
| Paul Faraci | Democrat | Yea |
| Rachel Ventura | Democrat | Yea |
| Ram Villivalam | Democrat | Yea |
| Robert F. Martwick | Democrat | Yea |
| Robert Peters | Democrat | Not Voting |
| Sara Feigenholtz | Democrat | Yea |
| Steve Stadelman | Democrat | Yea |
| Willie Preston | Democrat | Yea |
| Andrew S. Chesney | Republican | Yea |
| Chapin Rose | Republican | Yea |
| Chris Balkema | Republican | Yea |
| Craig Wilcox | Republican | Yea |
| Dale Fowler | Republican | Yea |
| Darby A. Hills | Republican | Yea |
| Dave Syverson | Republican | Yea |
| Donald P. DeWitte | Republican | Yea |
| Erica Harriss | Republican | Yea |
| Jason Plummer | Republican | Yea |
| Jil Tracy | Republican | Yea |
| John F. Curran | Republican | Yea |
| Li Arellano, Jr. | Republican | Yea |
| Neil Anderson | Republican | Yea |
| Sally J. Turner | Republican | Yea |
| Seth Lewis | Republican | Yea |
| Steve McClure | Republican | Yea |
| Sue Rezin | Republican | Yea |
| Terri Bryant | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 1 | 0 | 0 | 2 |
| Democrat | 6 | 0 | 0 | 0 |
| Unaffiliated | 0 | 0 | 0 | 1 |
| Total | 7 | 0 | 0 | 3 |
| % of votes cast | 70% | 0% | 0% | 30% |
How each member voted (10)
| Member | Party | Vote |
|---|---|---|
| Harris III, Napoleon | — | Not Voting |
| Javier L. Cervantes | Democrat | Yea |
| Laura Ellman | Democrat | Yea |
| Linda Holmes | Democrat | Yea |
| Mark L. Walker | Democrat | Yea |
| Mattie Hunter | Democrat | Yea |
| Robert F. Martwick | Democrat | Yea |
| Chris Balkema | Republican | Not Voting |
| Li Arellano, Jr. | Republican | Yea |
| Neil Anderson | Republican | Not Voting |
Subjects
Frequently asked questions
- What does SB3403 do?
- Amends the Investment Board Article of the Illinois Pension. Provides that, if the Illinois State Board of Investment has not received a required audit opinion by December 15, the Board shall not be considered in violation of a provision requiring an annual report to each pension fund, retirement system, or education fund under the Board's jurisdiction within 6 months after the close of each fiscal year. Effective immediately.
- Who sponsors SB3403 ?
- SB3403 is sponsored by Robert F. Martwick (Democrat), Yang Rohr, and Faver Dias.
- What is the current status of SB3403 ?
- This bill has been sent to the executive. Introduced February 04, 2026. It awaits signature.
- Where can I track SB3403 ?
- Track SB3403 free on One Click Politics — get push/email alerts when it moves.
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