IL HB2238 | 2019-2020 | 101st General Assembly

Status

Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Engrossed on March 20 2019 - 50% progression
Action: 2019-03-20 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

Amends the Deposit of State Moneys Act. Modifies a Section concerning agreements entered into by the State Treasurer with any bank or savings and loan association relating to the deposit of securities. Provides that such agreements may authorize the holding of securities in any bank or a depository trust company in the United States (rather than New York City). Adds to the classes of securities that the State Treasurer may accept as collateral for deposits not insured by an agency of the federal government. Adds to and modifies the investments in which the State Treasurer may in invest or reinvest on behalf of the State. Effective immediately.

Tracking Information

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Title

TREASURER-DEPOSIT OF ST MONEY

Sponsors


Roll Calls

2019-03-20 - House - Third Reading in House (Y: 114 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2019-03-20SenateReferred to Assignments
2019-03-20SenateFirst Reading
2019-03-20SenateChief Senate Sponsor Sen. Jacqueline Y. Collins
2019-03-20SenatePlaced on Calendar Order of First Reading
2019-03-20SenateArrive in Senate
2019-03-20HouseThird Reading - Short Debate - Passed 114-000-000
2019-03-06HousePlaced on Calendar Order of 3rd Reading - Short Debate
2019-03-06HouseSecond Reading - Short Debate
2019-02-28HousePlaced on Calendar 2nd Reading - Short Debate
2019-02-27HouseDo Pass / Short Debate State Government Administration Committee; 011-000-000
2019-02-21HouseAdded Co-Sponsor Rep. Mike Murphy
2019-02-19HouseAssigned to State Government Administration Committee
2019-02-07HouseReferred to Rules Committee
2019-02-07HouseFirst Reading
2019-02-07HouseFiled with the Clerk by Rep. Stephanie A. Kifowit

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1552010Amended CodeCitation Text
1552011Amended CodeCitation Text
1552022.5Amended CodeCitation Text

Illinois State Sources


Bill Comments

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