HB 2058

  • Illinois House Bill
  • 103rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Public Funds-Auth Investments

Abstract

Amends the Public Funds Investment Act. Provides that any public agency may invest any public funds, in addition to other investments, in pooled life settlement policies in which each of the underlying insurance policies have no greater than 60-day liquidity and are issued by insurance companies of A-grade investment quality. Provides further requirements concerning the investment of public funds in specified pooled life settlement policies.

Bill Sponsors (1)

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Actions


Mar 10, 2023

House

Rule 19(a) / Re-referred to Rules Committee

Feb 15, 2023

House

Assigned to Revenue & Finance Committee

Feb 07, 2023

House

First Reading

House

Referred to Rules Committee

Feb 02, 2023

House

Filed with the Clerk by Rep. Kelly M. Burke

Bill Text

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