Laura Ellman
- Democratic
- Senator
- District 21
Amends the State Revenue Sharing Act. Makes a technical change in a Section concerning the short title. Senate Floor Amendment No. 1 Deletes reference to: 30 ILCS 115/0.1 from Ch. 85, par. 610 Adds reference to: 30 ILCS 235/2 from Ch. 85, par. 902 Replaces everything after the enacting clause. 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. Senate Floor Amendment No. 2 Makes changes to the bill as amended by Senate Amendment No. 1 to further amend the Public Funds Investment Act. Provides that a public agency may invest public funds in obligations of certain corporations organized in the United States if those obligations mature more than 270 days but less than 10 years (currently, 3 years) from the date of purchase.
Public Act . . . . . . . . . 103-0880
Effective Date January 1, 2025
Governor Approved
Sent to the Governor
Placed on Calendar Order of 3rd Reading - Short Debate
Third Reading - Short Debate - Passed 111-000-000
Added Alternate Co-Sponsor Rep. Jennifer Sanalitro
Added Alternate Co-Sponsor Rep. Nicole La Ha
Passed Both Houses
Held on Calendar Order of Second Reading - Short Debate
Second Reading - Short Debate
Added Alternate Co-Sponsor Rep. Diane Blair-Sherlock
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Executive Committee; 012-000-000
Added Alternate Co-Sponsor Rep. Jenn Ladisch Douglass
Added Alternate Co-Sponsor Rep. Maura Hirschauer
Assigned to Executive Committee
Committee/Final Action Deadline Extended-9(b) May 24, 2024
Alternate Chief Sponsor Changed to Rep. Terra Costa Howard
Placed on Calendar Order of 3rd Reading
Senate Floor Amendment No. 2 Recommend Do Adopt State Government; 008-000-000
Recalled to Second Reading
Senate Floor Amendment No. 1 Adopted
Senate Floor Amendment No. 2 Adopted
Third Reading - Passed; 057-000-000
Arrived in House
Chief House Sponsor Rep. Emanuel "Chris" Welch
First Reading
Referred to Rules Committee
Senate Floor Amendment No. 2 Assignments Refers to State Government
Rule 2-10 Third Reading Deadline Established As April 19, 2024
Senate Floor Amendment No. 2 Referred to Assignments
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Laura Ellman
Senate Floor Amendment No. 1 Recommend Do Adopt State Government; 008-000-000
Chief Sponsor Changed to Sen. Laura Ellman
Senate Floor Amendment No. 1 Assignments Refers to State Government
Senate Floor Amendment No. 1 Referred to Assignments
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Laura Ellman
Approved for Consideration Assignments
Placed on Calendar Order of 3rd Reading March 21, 2024
Rule 3-9(a) / Re-referred to Assignments
Placed on Calendar Order of 3rd Reading March 21, 2023
Second Reading
Placed on Calendar Order of 2nd Reading March 10, 2023
Do Pass Executive; 011-000-000
Assigned to Executive
Referred to Assignments
Filed with Secretary by Sen. Don Harmon
First Reading
Bill Text Versions | Format |
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Introduced | HTML PDF |
Engrossed | HTML PDF |
Enrolled | HTML PDF |
Senate Amendment 001 | HTML PDF |
Senate Amendment 002 | HTML PDF |
Document | Format |
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Public Act |
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