Dan Brady
- Republican
Primary
Amends the Public Funds Investment Act and the Investment of Municipal Funds Act. Provides that a county, park district, sanitary district, or other municipal corporation may, by resolution or by ordinance (now, by ordinance only) use money in specified funds to purchase bonds and other interest bearing obligations of states other than the State of Illinois or of any political subdivision or agency of the State of Illinois or of any other state, whether the interest earned thereon is taxable or tax-exempt under federal law (now, the funds can only be used to purchase only certain municipal bonds or bonds and other interest bearing obligations of the United States and the State of Illinois). Effective immediately.
Effective Date July 24, 2003
Public Act . . . . . . . . . 93-0360
Governor Approved
Sent to the Governor
Third Reading - Passed; 035-021-001
Passed Both Houses
Added as Alternate Co-Sponsor Sen. Bill Brady
Placed on Calendar Order of 3rd Reading May 7, 2003
Second Reading
Placed on Calendar Order of 2nd Reading May 1, 2003
Do Pass Local Government; 006-004-000
Assigned to Local Government
Chief Senate Sponsor Sen. Terry Link
Arrive in Senate
Placed on Calendar Order of First Reading
First Reading
Referred to Rules
Third Reading - Short Debate - Passed 104-000-000
Added Chief Co-Sponsor Rep. Frank J. Mautino
Second Reading - Short Debate
Placed on Calendar Order of 3rd Reading - Short Debate
Do Pass / Short Debate Local Government Committee; 022-000-000
Added Chief Co-Sponsor Rep. Sidney H. Mathias
Added Co-Sponsor Rep. Michael K. Smith
Placed on Calendar 2nd Reading - Short Debate
Assigned to Local Government Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Dan Brady
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
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| Public Act |
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