Bill Status of HB2058  103rd General Assembly

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Short Description:  PUBLIC FUNDS-AUTH INVESTMENTS

House Sponsors
Rep. Kelly M. Burke

Last Action

Date	Chamber	Action
3/10/2023	House	Rule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance

30 ILCS 235/2

from Ch. 85, par. 902

Synopsis As Introduced
Amends the Public Funds Investment Act. Provides that any public agency may invest any public funds, in addition to other investments, in pooled life settlement policies in which each of the underlying insurance policies have no greater than 60-day liquidity and are issued by insurance companies of A-grade investment quality. Provides further requirements concerning the investment of public funds in specified pooled life settlement policies.

Actions 

Date	Chamber	Action
2/2/2023	House	Filed with the Clerk by Rep. Kelly M. Burke
2/7/2023	House	First Reading
2/7/2023	House	Referred to Rules Committee
2/15/2023	House	Assigned to Revenue & Finance Committee
3/10/2023	House	Rule 19(a) / Re-referred to Rules Committee