IL SB2661 | 2017-2018 | 100th General Assembly
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Vetoed on August 21 2018 - 100% progression
Action: 2018-11-28 - Bill Dead - Amendatory Veto
Text: Latest bill text (Veto Message) [HTML]
Status: Vetoed on August 21 2018 - 100% progression
Action: 2018-11-28 - Bill Dead - Amendatory Veto
Text: Latest bill text (Veto Message) [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.
Title
TREASURER-DEPOSIT STATE MONEY
Sponsors
Roll Calls
2018-05-28 - House - Third Reading in House (Y: 114 N: 1 NV: 1 Abs: 0) [PASS]
2018-04-25 - Senate - Third Reading in Senate (Y: 55 N: 1 NV: 3 Abs: 0) [PASS]
2018-04-25 - Senate - Third Reading in Senate (Y: 55 N: 1 NV: 3 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2018-11-28 | Senate | Bill Dead - Amendatory Veto |
2018-11-13 | Senate | Placed on Calendar Amendatory Veto November 14, 2018 |
2018-08-21 | Senate | Governor Amendatory Veto |
2018-06-26 | Senate | Sent to the Governor |
2018-05-28 | Senate | Passed Both Houses |
2018-05-28 | House | Third Reading - Short Debate - Passed 114-001-000 |
2018-05-28 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
2018-05-25 | House | Final Action Deadline Extended-9(b) May 31, 2018 |
2018-05-24 | House | Held on Calendar Order of Second Reading - Short Debate |
2018-05-24 | House | Second Reading - Short Debate |
2018-05-24 | House | Placed on Calendar 2nd Reading - Short Debate |
2018-05-24 | House | Do Pass / Short Debate Executive Committee; 011-000-000 |
2018-05-18 | House | Final Action Deadline Extended-9(b) May 25, 2018 |
2018-05-14 | House | Assigned to Executive Committee |
2018-04-26 | House | Referred to Rules Committee |
2018-04-26 | House | First Reading |
2018-04-25 | House | Chief House Sponsor Rep. Robert Martwick |
2018-04-25 | House | Arrived in House |
2018-04-25 | Senate | Third Reading - Passed; 055-001-000 |
2018-04-18 | Senate | Placed on Calendar Order of 3rd Reading April 19, 2018 |
2018-04-18 | Senate | Second Reading |
2018-04-11 | Senate | Placed on Calendar Order of 2nd Reading April 12, 2018 |
2018-04-11 | Senate | Do Pass Financial Institutions; 008-000-000 |
2018-03-14 | Senate | Added as Chief Co-Sponsor Sen. Ira I. Silverstein |
2018-02-21 | Senate | Assigned to Financial Institutions |
2018-02-13 | Senate | Referred to Assignments |
2018-02-13 | Senate | First Reading |
2018-02-13 | Senate | Filed with Secretary by Sen. Jacqueline Y. Collins |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
15 | 520 | 10 | Amended Code | Citation Text |
15 | 520 | 11 | Amended Code | Citation Text |
15 | 520 | 22.5 | Amended Code | Citation Text |