MUNI CD-BORROWING FROM THE IFA
Summary
Amends the Illinois Municipal Code. In provisions relating to a municipality borrowing money from a bank or other financial institution, modifies the definition of "financial institution" to include the Illinois Finance Authority.
Bill status
signed
all 4 stages cleared
Introduction
Mar 2023
Committee Review
Apr 2023
House Passage
May 2023
Signed into Law
Jun 2023
Introduced Mar 23, 2023
Signed Jun 30, 2023
Floor votes · House Mar 22, 2023
How they voted
111–0
Passed · 5 other
Total votes 116
Mar 22, 2023
D
Democratic76
93% Yea
R
Republican40
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
29
Key actions
6
Committee
6
Jun 30, 2023
Signed into law
Governor Approved
lower
May 11, 2023
Lower · Passed
Passed Both Houses
lower
May 11, 2023
Lower · Passed
Third Reading - Passed; 055-001-000
lower
Apr 20, 2023
Lower · Passed
Do Pass Executive; 013-000-000
lower
Apr 12, 2023
Committee
Assigned to Executive
lower
Mar 23, 2023
Committee
Referred to Assignments
lower
Mar 23, 2023
Introduced
Arrive in Senate
lower
Mar 22, 2023
Lower · Passed
Third Reading - Short Debate - Passed 112-000-000
lower
Mar 7, 2023
Lower · Passed
Do Pass / Short Debate Financial Institutions and Licensing Committee; 012-000-000
lower
Feb 28, 2023
Committee
Assigned to Financial Institutions and Licensing Committee
lower
Feb 17, 2023
Committee
Referred to Rules Committee
lower
2 primary · 3 co-sponsors
Sponsors
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