Bill Text: IL SB0536 | 2023-2024 | 103rd General Assembly | Chaptered
Bill Title: Amends the Public Funds Investment Act. Provides that a public agency may adopt an ordinance or resolution to allow for investment of public funds in instruments that are not specifically listed as authorized investments if those investments comply with (i) any other law that authorizes public agencies to invest funds and (ii) the investment policy adopted by the public agency.
Spectrum: Slight Partisan Bill (Democrat 5-2)
Status: (Passed) 2024-08-09 - Public Act . . . . . . . . . 103-0880 [SB0536 Detail]
Download: Illinois-2023-SB0536-Chaptered.html
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| Public Act 103-0880 | ||||
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AN ACT concerning finance.
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Be it enacted by the People of the State of Illinois, | ||||
represented in the General Assembly:
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Section 5. The Public Funds Investment Act is amended by | ||||
changing Section 2 as follows:
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