Illinois Statutes
§ 1A-108.5 — Economic opportunity investments
Illinois § 1A-108.5
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 1A - Regulation Of Public Pension Funds
This text of Illinois § 1A-108.5 (Economic opportunity investments) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
40 Ill. Comp. Stat. 1A-108.5 (2026).
Text
(a)For the purposes of this Section: "Economic opportunity investment" means a qualified investment, managed passively or actively by the pension fund, that promotes economic development within the State of Illinois by providing financially prudent investment opportunities in or through the use of (a) Illinois businesses or (b) Illinois-based projects that promote the economy of the State or a region of the State, including without limitation promotion of venture capital programs, coal and other natural resource development, tourism development, infrastructure development, real estate development, and job development within the State of Illinois, while producing a competitive rate of return commensurate with the risk of investment. "Illinois business" means a business, including an invest
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Legislative History
(Source: P.A. 96-753, eff. 8-25-09.)
Nearby Sections
15
§ 1A-102
Definitions§ 1A-103
Rules§ 1A-104
Examinations and investigations§ 1A-106
Advisory services§ 1A-107
Automation of services§ 1A-108.5
Economic opportunity investments§ 1A-110
§ 1A-110§ 1A-111
§ 1A-111§ 1A-112
Fees§ 1A-113
PenaltiesCite This Page — Counsel Stack
Bluebook (online)
Illinois § 1A-108.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/1A-108.5.