PUBLIC FUNDS-ONLINE INFO
Summary
Amends the State Treasurer Act. Makes formatting changes. Amends the Accountability for the Investment of Public Funds Act. Provides that each State agency shall make available on the Internet, and update at least monthly, no later than the end of each month (rather than by the 15th of the month), sufficient information concerning the investment of any public funds held by that State agency to identify specified information. Effective immediately.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2025
Committee Review
Oct 2025
Senate Passage
Oct 2025
House Passage
Oct 2025
Signed into Law
Dec 2025
Introduced Apr 9, 2025
Signed Dec 12, 2025
Maddy AI version diff · 2 comparisons
What changed between versions
Engrossed
→
Enrolled
·
4 edits
·
Dec 12, 2025
MODERATE
The bill was converted from its final amended version to the enrolled version ready for signing, which involved minor formatting adjustments and the removal of a section regarding online investment disclosures. The substantive policy focus remains on authorizing the State Comptroller to deduct debts owed to the State, federal government, and various local entities from payments to individuals, with a new cap limiting total deductions to 25% of a person's net income.
Scope change
The bill's scope shifted from amending the State Treasurer Act and Accountability for the Investment of Public Funds Act to exclusively amending the State Comptroller Act to establish debt deduction procedures.
REQUIREMENT
Removed a requirement for state agencies to publish monthly online reports detailing their public fund investments and asset allocations.
Added a specific limitation capping total deductions from an individual's net payment at 25% to prevent excessive withholding.
Added exemptions preventing deductions from funds under the Senior Citizens Property Tax Relief Act and the Illinois Prepaid Tuition Trust Fund.
SCOPE
Changed the bill's focus from direct deposit rules for the State Treasurer to debt collection and deduction authority for the State Comptroller.
Floor votes · Senate Apr 9, 2025 · House Oct 30, 2025
How they voted
55–0
Passed · 3 other
Total votes 58
Apr 9, 2025
D
Democratic39
92% Yea
R
Republican19
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
66
Key actions
12
Committee
18
Amendments
10
Dec 12, 2025
Signed into law
Governor Approved
upper
Oct 31, 2025
Upper · Passed
Passed Both Houses
upper
Oct 31, 2025
Introduced
House Floor Amendment No. 3 Senate Concurs 057-000-000
upper
Oct 31, 2025
Introduced
House Floor Amendment No. 3 Motion to Concur Be Approved for Consideration Assignments
upper
Oct 30, 2025
Committee
House Floor Amendment No. 3 Motion to Concur Referred to Assignments
upper
Oct 30, 2025
Introduced
Placed on Calendar Order of Concurrence House Amendment(s) 3 - October 30, 2025
upper
Oct 30, 2025
Introduced
Secretary's Desk - Concurrence House Amendment(s) 3
upper
Oct 30, 2025
Amended
House Floor Amendment No. 2 Tabled
lower
Oct 30, 2025
Amended
House Floor Amendment No. 1 Tabled
lower
Oct 30, 2025
Lower · Passed
Third Reading - Short Debate - Passed 088-019-000
lower
Oct 30, 2025
Lower · Passed
House Floor Amendment No. 3 Adopted
lower
Oct 30, 2025
Lower · Passed
House Floor Amendment No. 3 Recommends Be Adopted Rules Committee; 003-002-000
lower
Oct 30, 2025
Committee
House Floor Amendment No. 3 Referred to Rules Committee
lower
Oct 30, 2025
Introduced
House Floor Amendment No. 3 Filed with Clerk by Rep. Anthony DeLuca
lower
Oct 14, 2025
Lower · Passed
Approved for Consideration Rules Committee; 003-002-000
lower
Jun 1, 2025
Committee
House Floor Amendment No. 2 Rule 19(c) / Re-referred to Rules Committee
lower
Jun 1, 2025
Committee
House Floor Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
lower
Jun 1, 2025
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
May 31, 2025
Lower · Passed
House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 005-000-000
lower
May 30, 2025
Committee
House Floor Amendment No. 2 Referred to Rules Committee
lower
May 30, 2025
Introduced
House Floor Amendment No. 2 Filed with Clerk by Rep. La Shawn K. Ford
lower
May 30, 2025
Lower · Passed
House Floor Amendment No. 1 Recommends Be Adopted Executive Committee; 008-004-000
lower
May 30, 2025
Lower · Passed
House Floor Amendment No. 1 Rules Refers to Executive Committee
lower
May 29, 2025
Committee
House Floor Amendment No. 1 Referred to Rules Committee
lower
May 29, 2025
Introduced
House Floor Amendment No. 1 Filed with Clerk by Rep. La Shawn K. Ford
lower
Apr 23, 2025
Lower · Passed
Do Pass / Short Debate State Government Administration Committee; 007-000-000
lower
Apr 17, 2025
Committee
Assigned to State Government Administration Committee
lower
Apr 9, 2025
Committee
Referred to Rules Committee
lower
Apr 9, 2025
Introduced
Arrived in House
lower
Apr 9, 2025
Upper · Passed
Third Reading - Passed; 056-000-000
upper
Feb 20, 2025
Upper · Passed
Do Pass State Government; 008-000-000
upper
Jan 22, 2025
Committee
Assigned to State Government
upper
Jan 17, 2025
Committee
Referred to Assignments
upper
1 primary · 5 co-sponsors
Sponsors
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