Bill Texts: IL HB4573 | 2017-2018 | 100th General Assembly

Bill Title: Amends the Public Funds Investment Act. Provides that any public agency may invest any public funds in obligations (currently, short term obligations) of corporations organized in the United States with assets exceeding $500,000,000 if such obligations mature not later than 3 years (currently, 270 days) from the date of purchase, in addition to other criteria. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 3-1)

Status: (Passed) 2018-08-10 - Public Act . . . . . . . . . 100-0752 [HB4573 Detail]

Bill Drafts

RevisionDateFormatSourceView
Chaptered2018-08-13HTML/TextLinkView
Enrolled2018-05-30HTML/TextLinkView
Engrossed2018-03-02HTML/TextLinkView
Introduced2018-02-06HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB4573

Supplemental Documents

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No supplemental documents for Illinois HB4573 currently on file.

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