SB 2486

  • Illinois Senate Bill
  • 100th Regular Session
  • Introduced in Senate Apr 19, 2018
  • Passed Senate Apr 19, 2018
  • House
  • Governor

Public Funds-Corporations

Abstract

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.

Bill Sponsors (1)

Votes


Actions


Jan 09, 2019

Senate

Session Sine Die

Apr 19, 2018

House

Referred to Rules Committee

House

First Reading

House

Chief House Sponsor Rep. Michael J. Zalewski

House

Arrived in House

Senate

Third Reading - Passed; 055-000-000

Apr 17, 2018

Senate

Second Reading

Senate

Placed on Calendar Order of 3rd Reading April 18, 2018

Feb 28, 2018

Senate

Placed on Calendar Order of 2nd Reading March 1, 2018

Senate

Do Pass Local Government; 008-000-000

Feb 21, 2018

Senate

Added as Chief Co-Sponsor Sen. Karen McConnaughay

Senate

Postponed - Local Government

Feb 14, 2018

Senate

Postponed - Local Government

Feb 07, 2018

Senate

Assigned to Local Government

Feb 05, 2018

Senate

Added as Chief Co-Sponsor Sen. Linda Holmes

Jan 31, 2018

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. Emil Jones, III

Bill Text

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Related Documents

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Sources

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