CNTY CD-FUNDS-CREDIT UNIONS
Summary
Amends the Counties Code. Changes numerous Sections to provide that a county may deposit public funds into credit unions (currently, only banks or savings and loan associations). Further provides that county moneys may be invested in dividend-bearing share accounts, share certificate accounts, or class of share accounts of a credit union, provided the accounts of that credit union are insured and the credit union's principal office is located within the State of Illinois. Effective immediately.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2011
Committee Review
May 2011
House Passage
May 2011
Senate Passage
May 2011
Signed into Law
Jul 2011
Introduced Apr 6, 2011
Signed Jul 14, 2011
Floor votes · Senate May 17, 2011 · House Apr 5, 2011
How they voted
46–0
Passed · 1 other
Total votes 47
May 17, 2011
D
Democratic28
100% Yea
R
Republican19
94% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
34
Key actions
7
Committee
8
Amendments
2
Jul 14, 2011
Signed into law
Governor Approved
lower
May 17, 2011
Lower · Passed
Passed Both Houses
lower
May 6, 2011
Upper · Passed
Do Pass Local Government; 008-000-000
upper
Apr 27, 2011
Committee
Assigned to Local Government
upper
Apr 7, 2011
Committee
Referred to Assignments
upper
Apr 6, 2011
Introduced
Arrive in Senate
upper
Apr 5, 2011
House · Passed
House Vote: pass (65-18-13)
house
Mar 10, 2011
Lower · Passed
Do Pass as Amended / Short Debate Counties & Townships Committee; 005-000-000
lower
Mar 10, 2011
Lower · Passed
House Committee Amendment No. 1 Adopted in Counties & Townships Committee; by Voice Vote
lower
Mar 9, 2011
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Counties & Townships Committee
lower
Mar 9, 2011
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Mar 9, 2011
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Emily McAsey
lower
Feb 24, 2011
Committee
Assigned to Counties & Townships Committee
lower
Feb 22, 2011
Committee
Referred to Rules Committee
lower
0 primary · 2 co-sponsors
Sponsors
No sponsor information available.
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