# Illinois HB5119: PEN CD-PENSION FUND REGULATION

Illinois HB5119, PEN CD-PENSION FUND REGULATION, is a 104th General Assembly (2025–2026) House bill sponsored by no sponsor on record; status passed house, last action 2026-04-30 (Referred to Assignments) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-HB5119-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois HB5119
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: PEN CD-PENSION FUND REGULATION
- Status: passed house
- Chamber: House
- Introduced: 2026-02-05
- Last action: 2026-04-30, Referred to Assignments
- Sponsors: no sponsor on record
- Cosponsors: 2
- Subjects: personnel & pensions, assignments
- Touches household money: no
- Roll calls: 2 (109 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

Amends the Regulation of Public Pension Funds Article of the Illinois Pension Code. Provides that the Public Pension Division of the Department of Insurance may (instead of shall) render advisory services to the pension funds on all matters pertaining to their operations. Provides that recommendations for corrective or clarifying legislation may (instead of shall) be made in the report of examination of the particular pension fund and in a biennial report to the General Assembly. Provides that the report to the Governor and General Assembly shall include the results of examinations made by an independent certified public accountant retained by the Police Officers' Pension Investment Fund or the Firefighters' Pension Investment Fund for examinations of a downstate police or downstate firefighter pension fund. Requires downstate police and downstate firefighter pension funds to include, in their annual report to the Public Pension Division, details on transactions pertaining to nontransferable assets that funds retain after transferring investments to the Police Officers' Pension Investment Fund or the Firefighters' Pension Investment Fund. Provides that, if a penalty is not paid within 30 days of the date of assessment and no just cause has been communicated, the Director of Insurance may (instead of if a penalty is not paid within 30 days of the date of assessment, the Director without further notice shall) report the act of noncompliance to the Attorney General. Repeals provisions establishing the Advisory Commission on Pension Benefits. Makes other changes.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Cosponsor: Mark L. Walker (Democratic), Senate
- Cosponsor: Stephanie A. Kifowit (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-04-09 | House | Third Reading - Short Debate - Passed | pass | 99 | 0 |   |
| 2026-03-20 | House | Do Pass / Short Debate Personnel & Pensions Committee; | pass | 10 | 0 |   |

## Actions (14)

- 2026-04-30: Referred to Assignments (Senate)
- 2026-04-30: First Reading (Senate)
- 2026-04-30: Chief Senate Sponsor Sen. Mark L. Walker (Senate)
- 2026-04-10: Placed on Calendar Order of First Reading April 14, 2026 (Senate)
- 2026-04-10: Arrive in Senate (Senate)
- 2026-04-09: Third Reading - Short Debate - Passed 099-000-000 (House)
- 2026-04-08: Placed on Calendar Order of 3rd Reading - Short Debate (House)
- 2026-04-08: Second Reading - Short Debate (House)
- 2026-03-20: Placed on Calendar 2nd Reading - Short Debate (House)
- 2026-03-20: Do Pass / Short Debate Personnel & Pensions Committee; 010-000-000 (House)
- 2026-03-12: Assigned to Personnel & Pensions Committee (House)
- 2026-02-10: Referred to Rules Committee (House)
- 2026-02-10: First Reading (House)
- 2026-02-05: Filed with the Clerk by Rep. Stephanie A. Kifowit (House)

## Bill text

- Engrossed: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5119eng.pdf)
- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5119.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
- [Engrossed (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5119eng.pdf)
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5119.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-HB5119-2025-2026 (as of 2026-11-01).