Bill Status of HB3340  103rd General Assembly


Short Description:  MUNI CD-BORROWING FROM THE IFA

House Sponsors
Rep. Kelly M. Burke - Eva-Dina Delgado - John Egofske and Debbie Meyers-Martin

Senate Sponsors
(Sen. Bill Cunningham)

Last Action
DateChamber Action
  6/30/2023HousePublic Act . . . . . . . . . 103-0187

Statutes Amended In Order of Appearance
65 ILCS 5/8-1-3.1from Ch. 24, par. 8-1-3.1


Synopsis As Introduced
Amends the Illinois Municipal Code. In provisions relating to a municipality borrowing money from a bank or other financial institution, modifies the definition of "financial institution" to include the Illinois Finance Authority.

Actions 
DateChamber Action
  2/17/2023HouseFiled with the Clerk by Rep. Kelly M. Burke
  2/17/2023HouseFirst Reading
  2/17/2023HouseReferred to Rules Committee
  2/28/2023HouseAssigned to Financial Institutions and Licensing Committee
  3/7/2023HouseAdded Chief Co-Sponsor Rep. Eva-Dina Delgado
  3/7/2023HouseDo Pass / Short Debate Financial Institutions and Licensing Committee; 012-000-000
  3/8/2023HousePlaced on Calendar 2nd Reading - Short Debate
  3/15/2023HouseSecond Reading - Short Debate
  3/15/2023HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/22/2023HouseThird Reading - Short Debate - Passed 112-000-000
  3/22/2023HouseAdded Chief Co-Sponsor Rep. John Egofske
  3/22/2023HouseAdded Co-Sponsor Rep. Debbie Meyers-Martin
  3/23/2023SenateArrive in Senate
  3/23/2023SenatePlaced on Calendar Order of First Reading
  3/23/2023SenateChief Senate Sponsor Sen. Bill Cunningham
  3/23/2023SenateFirst Reading
  3/23/2023SenateReferred to Assignments
  4/12/2023SenateAssigned to Executive
  4/20/2023SenateDo Pass Executive; 013-000-000
  4/20/2023SenatePlaced on Calendar Order of 2nd Reading April 25, 2023
  4/26/2023SenateSecond Reading
  4/26/2023SenatePlaced on Calendar Order of 3rd Reading April 27, 2023
  5/5/2023SenatePlaced on Calendar Order of 3rd Reading ** May 8, 2023
  5/11/2023SenateThird Reading - Passed; 055-001-000
  5/11/2023HousePassed Both Houses
  6/9/2023HouseSent to the Governor
  6/30/2023HouseGovernor Approved
  6/30/2023HouseEffective Date January 1, 2024
  6/30/2023HousePublic Act . . . . . . . . . 103-0187