IL HB5704 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on February 24 2022 - 25% progression, died in committee
Action: 2022-03-10 - Added Co-Sponsor Rep. Thomas M. Bennett
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 24 2022 - 25% progression, died in committee
Action: 2022-03-10 - Added Co-Sponsor Rep. Thomas M. Bennett
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Deposit of State Moneys Act and the Public Funds Investment Act. Prohibits the investment of State money and public funds in any investment instrument that is based in or tied to Russia. Effective immediately.
Title
PUBLIC FUNDS INVEST PROHIBIT
Sponsors
History
Date | Chamber | Action |
---|---|---|
2022-03-10 | House | Added Co-Sponsor Rep. Thomas M. Bennett |
2022-03-07 | House | Added Co-Sponsor Rep. Tony McCombie |
2022-02-24 | House | Referred to Rules Committee |
2022-02-24 | House | First Reading |
2022-02-24 | House | Added Chief Co-Sponsor Rep. Dan Brady |
2022-02-24 | House | Filed with the Clerk by Rep. Jim Durkin |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
15 | 520 | 22.7 | New Code | See Bill Text |
30 | 235 | 2.3 | New Code | See Bill Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5704&GAID=16&DocTypeID=HB&SessionID=110&GA=102 |
Text | https://www.ilga.gov/legislation/102/HB/10200HB5704.htm |