HB 468

  • Illinois House Bill
  • 94th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

State Money-Deposit-Cred Union

Abstract

Amends the Deposit of State Moneys Act. Provides that the Treasurer may accept a proposal from an eligible institution that provides a reduced rate of interest if the institution agrees to expend an amount equal to the reduction for the delivery of credit union products and services and financial literacy programs to low income members of certain credit unions. Provides that the proposal and acceptance shall be contained in an agreement between the State Treasurer, the institution, and a third party, if applicable, and the agreement shall restrict the use of the funds to the prospective delivery of the foregoing products, services, and programs. Effective immediately.

Bill Sponsors (1)

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Jan 09, 2007

House

Session Sine Die

Apr 15, 2005

House

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

Apr 08, 2005

House

Held on Calendar Order of Second Reading - Short Debate

House

Second Reading - Short Debate

Mar 10, 2005

House

Do Pass / Short Debate Financial Institutions Committee; 029-000-000

House

Placed on Calendar 2nd Reading - Short Debate

Mar 03, 2005

House

Added Co-Sponsor Rep. Marlow H. Colvin

Feb 17, 2005

House

Added Chief Co-Sponsor Rep. Thomas Holbrook

Feb 16, 2005

House

Added Chief Co-Sponsor Rep. Joseph M. Lyons

Feb 03, 2005

House

Added Co-Sponsor Rep. Lisa M. Dugan

Feb 02, 2005

House

Assigned to Financial Institutions Committee

House

Chief Co-Sponsor Rep. Robert W. Pritchard

Jan 27, 2005

House

First Reading

House

Referred to Rules Committee

Jan 26, 2005

House

Filed with the Clerk by Rep. Edward J. Acevedo

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