Illinois General Assembly - Bill Status for HB3670
Illinois General Assembly

Previous General Assemblies

 Bill Status of HB3670  96th General Assembly


Short Description:  STATE MONEY INVEST-SHORT TERM

House Sponsors
Rep. James D. Brosnahan - Jack D. Franks

Senate Sponsors
(Sen. Dan Kotowski)

Last Action
DateChamber Action
  8/14/2009HousePublic Act . . . . . . . . . 96-0469

Statutes Amended In Order of Appearance
15 ILCS 520/22.5from Ch. 130, par. 41a


Synopsis As Introduced
Amends the Deposit of State Moneys Act. Provides that the State Treasurer may, with the approval of the Governor, invest State money in short-term obligations of corporations organized in the United States with assets exceeding $500,000,000 if, among other things, the obligations mature not later than 270 (instead of 180) days after the date of purchase. Effective immediately.

Actions 
DateChamber Action
  2/24/2009HouseFiled with the Clerk by Rep. James D. Brosnahan
  2/24/2009HouseFirst Reading
  2/24/2009HouseReferred to Rules Committee
  3/3/2009HouseAssigned to State Government Administration Committee
  3/11/2009HouseAdded Chief Co-Sponsor Rep. Jack D. Franks
  3/11/2009HouseDo Pass / Short Debate State Government Administration Committee; 017-000-000
  3/12/2009HousePlaced on Calendar 2nd Reading - Short Debate
  3/17/2009HouseSecond Reading - Short Debate
  3/17/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/18/2009HouseThird Reading - Short Debate - Passed 116-000-000
  3/18/2009SenateArrive in Senate
  3/18/2009SenatePlaced on Calendar Order of First Reading March 19, 2009
  3/18/2009SenateChief Senate Sponsor Sen. Dan Kotowski
  3/19/2009SenateFirst Reading
  3/19/2009SenateReferred to Assignments
  4/22/2009SenateAssigned to State Government and Veterans Affairs
  4/30/2009SenateDo Pass State Government and Veterans Affairs; 008-000-000
  4/30/2009SenatePlaced on Calendar Order of 2nd Reading May 5, 2009
  5/12/2009SenateSecond Reading
  5/12/2009SenatePlaced on Calendar Order of 3rd Reading ** May 18, 2009
  5/19/2009SenateThird Reading - Passed; 058-000-000
  5/19/2009HousePassed Both Houses
  6/17/2009HouseSent to the Governor
  8/14/2009HouseGovernor Approved
  8/14/2009HouseEffective Date August 14, 2009
  8/14/2009HousePublic Act . . . . . . . . . 96-0469

Back To Top