# Amendment of Municipal Code Section 2-32-520 to require City Treasurer to provide 30-day notice prior to any change in investment policy

- Record number: **O2025-0021074**
- Type: Ordinance; category: Municipal Code Amendments
- Status: In Committee
- Sponsor: [Raymond A. Lopez](https://www.chicagopolitics.org/ward/15) (15th Ward)
- Committee: [Committee on Finance](https://www.chicagopolitics.org/committee/finance)
- Submitted Date: Nov 14, 2025
- Introduction Date: Nov 14, 2025
- Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=A9BD69EB-A4C1-F011-BBD2-001DD80C6CBA)

## Impact report

> Written by AI from [the official document](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/4de62eff-a78e-45f3-b3e7-6c07a60684df.pdf). AI can make mistakes; the official document always wins.

This item would change city law so the City Treasurer must give 30 days' notice before changing the city's investment policy, and a committee recommended sending it to the Committee on Finance for review.

**Who it affects**

- **City Treasurer's office**: The Treasurer would have to give 30 days' notice before making any change to the city's investment policy.
- **City Council members**: The proposal would go to the Committee on Finance for review after the Committee on Committees and Rules recommended re-referring it.

**What changes**

- The City Treasurer would need to give 30 days' notice before any change in investment policy.
- Municipal Code Section 2-32-520 would be amended.
- The proposal is being sent to the Committee on Finance for further review.

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Source: https://www.chicagopolitics.org/matter/A9BD69EB-A4C1-F011-BBD2-001DD80C6CBA · Chicago Politics, an independent, nonpartisan tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt