JB Pritzker, Governor, State of Illinois

Agenda Book – April 13, 2023

Joint Meeting of the Illinois Student Assistance Commission, the Investment Committee, and the Investment Advisory Panel

WebEx Virtual Event - Audio recording here https://youtu.be/B5D6bvRf1as

April 13, 2023
1:00 p.m.

  1. Announcements
  2. Approval of the Minutes (Action)
    1. Approval of the minutes of the October 13, 2022 Investment Advisory Panel Meeting (Action: Investment Advisory Panel)
      Action Taken: Approved
    2. Approval of the minutes of the December 8, 2022 Investment Committee Meeting (Action: Investment Committee)
      Action Taken: Approved
    3. Approval of the minutes of the December 8, 2022 Commission Meeting (Action: Commission)
      Action Taken: Approved
  3. College Illinois!® Prepaid Tuition Program Investments
    1. Investment Advisory Panel Comments (Informational)
    2. Investment Update (Informational)
    3. Appointment of Investment Advisory Panel Member (Action)
      Action Taken: Approved
    4. Approval of Changes to the Watch List (Action: Investment Committee)
      Action Taken: Approved
    5. Compliance Review (Informational)
  4. Executive Director's Report (Informational)
  5. State Legislative Update (Informational)
  6. Approval of Proposed Administrative Program Rules and Amendments (Action)
    Action Taken: Approved
  7. Update on PaCE Framework (Action)
    Action Taken: Approved
  8. Update on FAFSA® Simplification (Informational)
  9. Audit Committee Update (Informational)
    1. Approve Revised Audit Committee Charter (Action)
  10. Public Comment
  11. Closed Session – Closed Minutes Redetermination
  12. Approval of Closed Session Items (Action)
    1. Redetermination Regarding Confidentiality of Closed Minutes of the Commission and Approval of Determination Regarding Confidentiality & Verbatim Record Destruction (Action: Commission)
      Action Taken: Approved
  13. Approval for the Destruction of Open Meeting Verbatim Records (Action: Commission, Investment Committee, Investment Advisory Panel)
    1. Approval of Investment Committee Open Meeting Verbatim Records for Destruction (Action: Investment Committee)
      Action Taken: Approved
    2. Approval of Investment Advisory Panel Open Meeting Verbatim Records for Destruction (Action: Investment Advisory Panel)
      Action Taken: Approved
    3. Approval of the Commission Open Meeting Verbatim Records for Destruction (Action: Commission)
      Action Taken: Approved