Date	Chamber	Action
8/6/2021	Senate	Public Act . . . . . . . . . 102-0297

Statutes Amended In Order of Appearance

15 ILCS 505/30

15 ILCS 520/1

from Ch. 130, par. 20

15 ILCS 520/1.1

from Ch. 130, par. 20.1

15 ILCS 520/2

from Ch. 130, par. 21

15 ILCS 520/7

from Ch. 130, par. 26

15 ILCS 520/8

from Ch. 130, par. 27

15 ILCS 520/9

from Ch. 130, par. 28

15 ILCS 520/10

from Ch. 130, par. 29

15 ILCS 520/11

from Ch. 130, par. 30

15 ILCS 520/12

from Ch. 130, par. 31

15 ILCS 520/14

from Ch. 130, par. 33

15 ILCS 520/15

from Ch. 130, par. 34

15 ILCS 520/17

from Ch. 130, par. 36

15 ILCS 520/18

from Ch. 130, par. 37

15 ILCS 520/19

from Ch. 130, par. 38

15 ILCS 520/20

from Ch. 130, par. 39

15 ILCS 520/22

from Ch. 130, par. 41

15 ILCS 520/22.5

from Ch. 130, par. 41a

15 ILCS 520/22.8

15 ILCS 520/23

from Ch. 130, par. 42

15 ILCS 520/1.2 rep.

15 ILCS 520/3 rep.

15 ILCS 520/4 rep.

15 ILCS 520/5 rep.

15 ILCS 520/6 rep.

15 ILCS 520/11.1 rep.

15 ILCS 520/13 rep.

15 ILCS 520/16 rep.

30 ILCS 225/1

from Ch. 102, par. 34

30 ILCS 225/2

from Ch. 102, par. 35

30 ILCS 235/1

from Ch. 85, par. 901

Synopsis As Introduced
Amends the Deposit of State Moneys Act. Provides requirements and makes changes concerning financial institutions and depositories throughout the Act. Provides that the Act shall govern the deposit of State moneys for all public funds under the custody or control of the State Treasurer. Repeals specified provisions. Amends the Public Funds Investment Act and the Public Funds Deposit Act. Provides that those Acts do not apply to the Illinois State Treasurer, whose investment of State funds shall be governed by the Deposit of State Moneys Act. Defines terms. Makes conforming and other changes. Effective immediately.

Senate Committee Amendment No. 1

	Deletes reference to:
	15 ILCS 520/11.1 rep.

Modifies the definition of "financial institution" to include a bank, a savings and loan association, a savings bank, a credit union, a minority depository institution as designated by the Federal Deposit Insurance Corporation, or a community development financial institution certified by the United States Treasury Community Development Financial Institutions Fund, which is operating in the State of Illinois. Restores a repealed provision of the Deposit of State Moneys Act. Makes conforming changes.

Actions 

Date	Chamber	Action
2/24/2021	Senate	Filed with Secretary by Sen. Robert Peters
2/24/2021	Senate	First Reading
2/24/2021	Senate	Referred to Assignments
3/9/2021	Senate	Assigned to Financial Institutions
3/25/2021	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Robert Peters
3/25/2021	Senate	Senate Committee Amendment No. 1 Referred to Assignments
4/7/2021	Senate	Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
4/14/2021	Senate	Senate Committee Amendment No. 1 Adopted
4/15/2021	Senate	Do Pass as Amended Financial Institutions; 008-000-000
4/15/2021	Senate	Placed on Calendar Order of 2nd Reading April 20, 2021
4/20/2021	Senate	Second Reading
4/20/2021	Senate	Placed on Calendar Order of 3rd Reading ** April 21, 2021
4/21/2021	Senate	Added as Co-Sponsor Sen. Jacqueline Y. Collins
4/23/2021	Senate	Third Reading - Passed; 058-000-000
4/26/2021	House	Arrived in House
4/26/2021	House	Chief House Sponsor Rep. Kambium Buckner
4/27/2021	House	First Reading
4/27/2021	House	Referred to Rules Committee
5/4/2021	House	Assigned to State Government Administration Committee
5/12/2021	House	Do Pass / Consent Calendar State Government Administration Committee; 008-000-000
5/13/2021	House	Placed on Calendar 2nd Reading - Consent Calendar
5/24/2021	House	Second Reading - Consent Calendar
5/24/2021	House	Held on Calendar Order of Second Reading - Consent Calendar
5/25/2021	House	Placed on Calendar Order of 3rd Reading - Consent Calendar
5/26/2021	House	Third Reading - Consent Calendar - First Day
5/27/2021	House	Third Reading - Consent Calendar - Passed 116-000-000
5/27/2021	Senate	Passed Both Houses
6/25/2021	Senate	Sent to the Governor
8/6/2021	Senate	Governor Approved
8/6/2021	Senate	Effective Date August 6, 2021
8/6/2021	Senate	Public Act . . . . . . . . . 102-0297

Back To Top