# Illinois HB2723: PEN CD-PROHIBITED TRANSACTIONS

Illinois HB2723, PEN CD-PROHIBITED TRANSACTIONS, is a 104th General Assembly (2025–2026) House bill sponsored by Abdelnasser Rashid (Democratic); status in committee, last action 2026-05-21 (Added Co-Sponsor Rep. Kam Buckner) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-HB2723-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois HB2723
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: PEN CD-PROHIBITED TRANSACTIONS
- Status: in committee
- Chamber: House
- Introduced: 2025-02-05
- Last action: 2026-05-21, Added Co-Sponsor Rep. Kam Buckner
- Sponsor: Abdelnasser Rashid (Democratic)
- Cosponsors: 22
- Subjects: international relations, tourism, and trade
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

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.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Abdelnasser Rashid (Democratic), House
- Cosponsor: Aarón M. Ortíz (Democratic), House
- Cosponsor: Anne Stava (Democratic), House
- Cosponsor: Barbara Hernandez (Democratic), House
- Cosponsor: Carol Ammons (Democratic), House
- Cosponsor: Dagmara Avelar (Democratic), House
- Cosponsor: Diane Blair-Sherlock (Democratic), House
- Cosponsor: Edgar González, Jr. (Democratic), House
- Cosponsor: Justin Slaughter (Democratic), House
- Cosponsor: Kam Buckner (Democratic), House
- Cosponsor: Lilian Jiménez (Democratic), House
- Cosponsor: Lindsey LaPointe (Democratic), House
- Cosponsor: Lisa Davis (Democratic), House
- Cosponsor: Michael Crawford (Democratic), House
- Cosponsor: Nabeela Syed (Democratic), House
- Cosponsor: Norma Hernandez (Democratic), House
- Cosponsor: Robert "Bob" Rita (Democratic), House
- Cosponsor: Sonya M. Harper (Democratic), House
- Cosponsor: Suzanne M. Ness (Democratic), House
- Cosponsor: Theresa Mah (Democratic), House
- Cosponsor: Will Guzzardi (Democratic), House
- Cosponsor: William "Will" Davis (Democratic), House
- Cosponsor: Yolonda Morris (Democratic), House

## Actions (30)

- 2026-05-21: Added Co-Sponsor Rep. Kam Buckner (House)
- 2026-04-08: Added Co-Sponsor Rep. Barbara Hernandez (House)
- 2026-03-27: Rule 19(a) / Re-referred to Rules Committee (House)
- 2026-02-13: To International Relations Subcommittee (House)
- 2026-02-11: Assigned to International Relations, Tourism, and Trade (House)
- 2026-01-21: Added Co-Sponsor Rep. Theresa Mah (House)
- 2025-11-04: Added Co-Sponsor Rep. Yolonda Morris (House)
- 2025-10-31: Added Co-Sponsor Rep. Lindsey LaPointe (House)
- 2025-10-24: Added Co-Sponsor Rep. Will Guzzardi (House)
- 2025-05-21: Added Co-Sponsor Rep. William "Will" Davis (House)
- 2025-03-13: Added Co-Sponsor Rep. Lilian Jiménez (House)
- 2025-03-13: Added Chief Co-Sponsor Rep. Justin Slaughter (House)
- 2025-03-13: Remove Chief Co-Sponsor Rep. Lilian Jiménez (House)
- 2025-03-06: Added Co-Sponsor Rep. Nabeela Syed (House)
- 2025-03-06: Added Co-Sponsor Rep. Sonya M. Harper (House)
- 2025-03-06: Added Co-Sponsor Rep. Aarón M. Ortíz (House)
- 2025-03-06: Added Co-Sponsor Rep. Anne Stava (House)
- 2025-03-06: Added Co-Sponsor Rep. Lisa Davis (House)
- 2025-03-06: Added Co-Sponsor Rep. Michael Crawford (House)
- 2025-03-06: Added Co-Sponsor Rep. Edgar González, Jr. (House)
- 2025-03-06: Added Co-Sponsor Rep. Dagmara Avelar (House)
- 2025-03-06: Added Co-Sponsor Rep. Diane Blair-Sherlock (House)
- 2025-03-06: Added Co-Sponsor Rep. Suzanne M. Ness (House)
- 2025-02-25: Added Chief Co-Sponsor Rep. Lilian Jiménez (House)
- 2025-02-25: Added Chief Co-Sponsor Rep. Norma Hernandez (House)
- 2025-02-25: Added Chief Co-Sponsor Rep. Carol Ammons (House)
- 2025-02-25: Added Chief Co-Sponsor Rep. Robert "Bob" Rita (House)
- 2025-02-06: Referred to Rules Committee (House)
- 2025-02-06: First Reading (House)
- 2025-02-05: Filed with the Clerk by Rep. Abdelnasser Rashid (House)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB2723.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB2723.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IL-HB2723-2025-2026 (as of 2026-11-01).