Illinois Senate Bill 2661 (Prior Session Legislation)

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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]

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.

TREASURER-DEPOSIT STATE MONEY

Sen. Jacqueline Collins [D]

Sen. Ira Silverstein [D]

Sen. Robert Martwick [D]

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]

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

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

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2661&GAID=14&DocTypeID=SB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/SB/10000SB2661.htm
Text	https://www.ilga.gov/legislation/100/SB/10000SB2661eng.htm
Text	https://www.ilga.gov/legislation/100/SB/10000SB2661enr.htm
Text	https://www.ilga.gov/legislation/100/SB/10000SB2661gms.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/100/senate/10000SB2661_04252018_011000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/100/house/10000SB2661_05282018_038000T.pdf