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HB 277 Illinois House · 93rd Regular Session

STATE FUNDS REINVEST REQUIREMT

Summary
Amends the Deposit of State Moneys Act and the Public Funds Investment Act. Provides that if a depositary is subject to the Community Reinvestment Act of 1977, the depositary must have a rating of satisfactory or better in order to be eligible for the deposit of State moneys or public funds. Requires the State Treasurer to review complaints alleging violation of fair lending standards. Provides for the State Treasurer to remove from the list of depositaries those depositaries the State Treasurer finds to have committed violations of fair lending standards.
Bill status signed all 5 stages cleared
Introduction
Mar 2003
Committee Review
May 2003
House Passage
May 2003
Senate Passage
May 2003
Signed into Law
Jul 2003
Introduced Mar 27, 2003 Signed Jul 22, 2003
Floor votes · Senate May 9, 2003 · House Mar 26, 2003

How they voted

34–14
Passed · 1 other
Total votes 49
May 9, 2003
D Democratic27
27 Yea
100% Yea
R Republican22
7 Yea 14 Nay 1
63% Nay
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
66
Key actions
11
Committee
10
Amendments
6
Jul 22, 2003
Signed into law
Governor Approved
lower
May 9, 2003
Lower · Passed
Passed Both Houses
lower
May 9, 2003
Senate · Passed
Senate Vote: pass (34-14-1)
senate
May 1, 2003
Upper · Passed
Do Pass Financial Institutions; 005-003-001
upper
Apr 10, 2003
Committee
Assigned to Financial Institutions
upper
Apr 2, 2003
Committee
Referred to Rules
upper
Mar 27, 2003
Introduced
Arrive in Senate
upper
Mar 26, 2003
House · Passed
House Vote: pass (100-2-4)
house
Mar 25, 2003
Lower · Passed
House Floor Amendment No. 3 Adopted by Voice Vote
lower
Mar 25, 2003
Lower · Passed
House Floor Amendment No. 3 Recommends Be Adopted Rules Committee; 004-000-000
lower
Mar 21, 2003
Committee
House Floor Amendment No. 3 Referred to Rules Committee
lower
Mar 21, 2003
Introduced
House Floor Amendment No. 3 Filed with Clerk by Rep. Eddie Washington
lower
Mar 13, 2003
Lower · Passed
Do Pass as Amended / Short Debate State Government Administration Committee; 010-000-001
lower
Mar 13, 2003
Lower · Passed
House Committee Amendment No. 2 Adopted in State Government Administration Committee; by Voice Vote
lower
Mar 13, 2003
Introduced
House Committee Amendment No. 2 Filed with Clerk by State Government Administration Committee
lower
Mar 6, 2003
Lower · Passed
Remains in State Government Administration Committee
lower
Mar 6, 2003
Committee
Motion Do Pass as Amended - Lost State Government Administration Committee; 004-004-001
lower
Mar 6, 2003
Lower · Passed
House Committee Amendment No. 1 Adopted in State Government Administration Committee; by Voice Vote
lower
Mar 6, 2003
Introduced
House Committee Amendment No. 1 Filed with Clerk by State Government Administration Committee
lower
Jan 29, 2003
Committee
Assigned to State Government Administration Committee
lower
Jan 23, 2003
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.