SB 1784 Illinois Senate · 93rd Regular Session

DEPOSIT OF PUBLIC MONEYS

Summary

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.

Bill status signed all 5 stages cleared

Introduction

Mar 2003

Committee Review

May 2003

Senate Passage

May 2003

House Passage

May 2003

Signed into Law

Aug 2003

Introduced Mar 27, 2003 Signed Aug 20, 2003

Floor votes · Senate Mar 27, 2003 · House May 30, 2003

How they voted

50–0

Passed · 3 other

Total votes 53

Mar 27, 2003

D Democratic28

27 Yea 1

96% Yea

R Republican25

23 Yea 2

92% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

102

Key actions

Committee

Amendments

Aug 20, 2003

Signed into law

Governor Approved

upper

May 31, 2003

Upper · Passed

Passed Both Houses

upper

May 31, 2003

Introduced

House Floor Amendment No. 3 Senate Concurs 059-000-000

upper

May 31, 2003

Introduced

House Floor Amendment No. 2 Senate Concurs 059-000-000

upper

May 31, 2003

Upper · Passed

House Committee Amendment No. 1 Senate Concurs 059-000-000

upper

May 30, 2003

Upper · Passed

House Floor Amendment No. 3 Motion to Concur Be Adopted Executive; 012-000-000

upper

May 30, 2003

Upper · Passed

House Floor Amendment No. 2 Motion to Concur Be Adopted Executive; 012-000-000

upper

May 30, 2003

Upper · Passed

House Committee Amendment No. 1 Motion to Concur Be Adopted Executive; 012-000-000

upper

May 30, 2003

Committee

House Floor Amendment No. 3 Motion to Concur Rules Referred to Executive

upper

May 30, 2003

Committee

House Floor Amendment No. 2 Motion to Concur Rules Referred to Executive

upper

May 30, 2003

Committee

House Committee Amendment No. 1 Motion to Concur Rules Referred to Executive

upper

May 30, 2003

Committee

House Floor Amendment No. 3 Motion to Concur Referred to Rules

upper

May 30, 2003

Committee

House Floor Amendment No. 2 Motion to Concur Referred to Rules

upper

May 30, 2003

Committee

House Committee Amendment No. 1 Motion to Concur Referred to Rules

upper

May 30, 2003

Introduced

Placed on Calendar Order of Concurrence House Amendment(s) 01,02,03 - May 31, 2003

upper

May 30, 2003

Introduced

Secretary's Desk - Concurrence House Amendment(s) 01,02,03

upper

May 30, 2003

Introduced

Added as Co-Sponsor Sen. William R. Haine; as Amended

upper

May 30, 2003

House · Passed

House Vote: pass (86-0-22)

house

May 29, 2003

Lower · Passed

House Floor Amendment No. 3 Adopted by Voice Vote

lower

May 29, 2003

Lower · Passed

House Floor Amendment No. 2 Adopted by Voice Vote

lower

May 29, 2003

Lower · Passed

House Floor Amendment No. 3 Recommends Be Adopted Rules Committee; 004-000-000

lower

May 29, 2003

Committee

House Floor Amendment No. 3 Referred to Rules Committee

lower

May 29, 2003

Introduced

House Floor Amendment No. 3 Filed with Clerk by Rep. Barbara Flynn Currie

lower

May 29, 2003

Lower · Passed

House Floor Amendment No. 2 Recommends Be Adopted Executive Committee; 008-002-001

lower

May 28, 2003

Lower · Passed

House Floor Amendment No. 2 Rules Refers to Executive Committee

lower

May 27, 2003

Committee

House Floor Amendment No. 2 Referred to Rules Committee

lower

May 27, 2003

Introduced

House Floor Amendment No. 2 Filed with Clerk by Rep. Barbara Flynn Currie

lower

May 21, 2003

Lower · Passed

Do Pass as Amended / Short Debate Executive Committee; 007-004-000

lower

May 21, 2003

Lower · Passed

House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote

lower

May 21, 2003

Introduced

House Committee Amendment No. 1 Filed with Clerk by Executive Committee

lower

May 5, 2003

Committee

Assigned to Executive Committee

lower

Mar 27, 2003

Committee

Referred to Rules Committee

lower

Mar 27, 2003

Introduced

Arrived in House

lower

Mar 27, 2003

Senate · Passed

Senate Vote: pass (50-0-3)

senate

0 primary · 6 co-sponsors