Terry Link
- Democratic
Primary
Amends the Deposit of State Moneys Act, the Public Funds Deposit Act, the State Officers and Employees Money Disposition Act, and the Public Funds Investment Act. Provides that a treasurer or custodian of public funds may accept, as security for public funds deposited into a bank (i) certain securities authorized by certain provisions of the Deposit of State Moneys Act, the Public Funds Investment Act, or the Public Funds Deposit Act, and (ii) certificates issued by a financial institution with assets of $15,000,000 (instead of $30,000,000) or more. Authorizes a public agency, when depositing public funds, to enter into an agreement with financial institutions requiring that any non-insured funds be collateralized by certain classes of securities. Makes other changes. Effective immediately.
Effective Date January 1, 2004
Governor Approved
Public Act . . . . . . . . . 93-0561
Sent to the Governor
House Committee Amendment No. 1 Senate Concurs 059-000-000
Added as Co-Sponsor Sen. Barack Obama
Added as Co-Sponsor Sen. Martin A. Sandoval
Passed Both Houses
House Floor Amendment No. 3 Senate Concurs 059-000-000
House Floor Amendment No. 2 Senate Concurs 059-000-000
House Floor Amendment No. 3 Motion to Concur Referred to Rules
House Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Terry Link
House Floor Amendment No. 2 Motion to Concur Referred to Rules
House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Terry Link
House Committee Amendment No. 1 Motion to Concur Referred to Rules
House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Terry Link
Placed on Calendar Order of Concurrence House Amendment(s) 01,02,03 - May 31, 2003
Secretary's Desk - Concurrence House Amendment(s) 01,02,03
Added as Co-Sponsor Sen. M. Maggie Crotty
Added as Co-Sponsor Sen. Kathleen L. Wojcik
Added as Co-Sponsor Sen. Iris Y. Martinez
Added as Co-Sponsor Sen. William R. Haine; as Amended
Added Alternate Co-Sponsor Rep. Karen A. Yarbrough
Added Alternate Chief Co-Sponsor Rep. Monique D. Davis
Third Reading - Short Debate - Passed 094-000-023
Added Alternate Co-Sponsor Rep. Monique D. Davis
Added Alternate Chief Co-Sponsor Rep. Karen A. Yarbrough
Sponsor Removed Rep. Eddie Washington
Added as Co-Sponsor Sen. Carol Ronen
Added as Co-Sponsor Sen. Susan Garrett
Added as Co-Sponsor Sen. Dave Syverson
Added as Co-Sponsor Sen. Don Harmon
House Floor Amendment No. 3 Motion to Concur Be Adopted Executive; 012-000-000
House Floor Amendment No. 2 Motion to Concur Be Adopted Executive; 012-000-000
House Committee Amendment No. 1 Motion to Concur Be Adopted Executive; 012-000-000
House Floor Amendment No. 3 Motion to Concur Rules Referred to Executive
House Floor Amendment No. 2 Motion to Concur Rules Referred to Executive
House Committee Amendment No. 1 Motion to Concur Rules Referred to Executive
Added as Chief Co-Sponsor Sen. Kimberly A. Lightford
Added as Chief Co-Sponsor Sen. Jeffrey M. Schoenberg
Alternate Chief Co-Sponsor Changed to Rep. William B. Black
Judicial Note Filed as amended by House Amendment No. 1
Judicial Note Filed as amended by House Amendment No. 2
Home Rule Note Filed as amended by House Amendment No. 2 - revised
Fiscal Note Filed as amended by House Amendment No. 1
Fiscal Note Filed as amended by House Amendment No. 2
House Floor Amendment No. 2 Recommends Be Adopted Executive Committee; 008-002-001
House Floor Amendment No. 3 Filed with Clerk by Rep. Barbara Flynn Currie
House Floor Amendment No. 3 Referred to Rules Committee
Added Alternate Chief Co-Sponsor Rep. Karen A. Yarbrough
Fiscal Note Filed as amended by House Amendment No. 1
Added Alternate Chief Co-Sponsor Rep. Marlow H. Colvin
House Floor Amendment No. 3 Recommends Be Adopted Rules Committee; 004-000-000
State Debt Impact Note Filed as amended by House Amendment No. 3
Judicial Note Filed as amended by House Amendment No. 3
Fiscal Note Filed as amended by House Amendment No. 3
Fiscal Note Filed as amended by House Amendment No. 3
Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
Housing Affordability Impact Note Filed as amended by House Amendment No. 1
Housing Affordability Impact Note Filed as amended by House Amendment No. 3
Added Alternate Chief Co-Sponsor Rep. Eddie Washington
State Mandates Fiscal Note Filed as amended by House Amendment No. 3
Home Rule Note Filed as amended by House Amendment No. 3
Added Alternate Chief Co-Sponsor Rep. William B. Black
Added Alternate Co-Sponsor Rep. Mary E. Flowers
Added Alternate Co-Sponsor Rep. Sandra M. Pihos
Added Alternate Co-Sponsor Rep. Joe Dunn
Added Alternate Chief Co-Sponsor Rep. John A. Fritchey
Added Alternate Chief Co-Sponsor Rep. Frank Aguilar
Added Alternate Co-Sponsor Rep. Karen A. Yarbrough
Added Alternate Co-Sponsor Rep. Marlow H. Colvin
House Floor Amendment No. 2 Adopted by Voice Vote
House Floor Amendment No. 3 Adopted by Voice Vote
Placed on Calendar Order of 3rd Reading - Short Debate
Alternate Chief Co-Sponsor Changed to Rep. John A. Fritchey
Alternate Chief Co-Sponsor Changed to Rep. Frank Aguilar
Alternate Chief Co-Sponsor Changed to Rep. William B. Black
Alternate Chief Co-Sponsor Changed to Rep. John A. Fritchey
Alternate Chief Co-Sponsor Changed to Rep. Frank Aguilar
Fiscal Note Filed as amended by House Amendment No. 2
Home Rule Note Filed as amended by House Amendment No. 2
Home Rule Note Filed as amended by House Amendment No. 1
State Mandates Fiscal Note Filed as amended by House Amendment No. 2
State Mandates Fiscal Note Filed as amended by House Amendment No. 1
Housing Affordability Impact Note Filed as amended by House Amendment No. 2
State Debt Impact Note Filed as amended by House Amendment No. 1
House Floor Amendment No. 2 Rules Refers to Executive Committee
State Debt Impact Note Filed as amended by House Amendment No. 2
Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
House Floor Amendment No. 2 Referred to Rules Committee
House Floor Amendment No. 2 Filed with Clerk by Rep. Barbara Flynn Currie
Third Reading/Final Action Deadline Extended-9(b) May 31, 2003
House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
Placed on Calendar 2nd Reading - Short Debate
Do Pass as Amended / Short Debate Executive Committee; 007-004-000
House Committee Amendment No. 1 Filed with Clerk by Executive Committee
Assigned to Executive Committee
Committee/3rd Reading Deadline Extended-Rule 9(b); May 31, 2003
Alternate Chief Sponsor Changed to Rep. Barbara Flynn Currie
Added as Co-Sponsor Sen. Wendell E. Jones
Referred to Rules Committee
First Reading
Chief House Sponsor Rep. Michael J. Madigan
Placed on Calendar Order of First Reading
Arrived in House
Third Reading - Passed; 056-000-000
Placed on Calendar Order of 3rd Reading March 27, 2003
Fiscal Note Filed from the Treasurer of the State of Illinois
Second Reading
Fiscal Note Filed
Added as Co-Sponsor Sen. Larry D. Woolard
Added as Co-Sponsor Sen. Mattie Hunter
Fiscal Note Requested by Sen. Dale E. Risinger
Do Pass State Government; 006-000-000
Placed on Calendar Order of 2nd Reading March 18, 2003
Added as Chief Co-Sponsor Sen. Dan Rutherford
Assigned to State Government
Referred to Rules
Filed with Secretary by Sen. Terry Link
First Reading
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
|---|---|
| Public Act | |
| House Amendment 003 | |
| House Amendment 002 | |
| House Amendment 001 |
Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.