Translate
HB2741 - 104th General Assembly
PUBLIC FUNDS-SECURITIES
Last Action
Statutes Amended In Order of Appearance
30 ILCS 235/2from Ch. 85, par. 902
Synopsis As Introduced
Amends the Public Funds Investment Act. Permits public agencies to invest public funds in any security that matures or that may be tendered for purchase at the option of the holder within not more than 7 years of the date on which it is acquired and that has the highest rating category (AAA) or the second highest rating category (AA) assigned by Standard & Poor's Corporation, Moody's Investors' Services, or other similar nationally recognized statistical rating organization. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 2/05/2025 | House | Filed with the Clerk by Rep. Travis Weaver |
| 2/06/2025 | House | First Reading |
| 2/06/2025 | House | Referred to Rules Committee |
| 3/04/2025 | House | Assigned to Revenue & Finance Committee |
| 3/06/2025 | House | To Tax Policy: Finance Subcommittee |
| 3/21/2025 | House | Rule 19(a) / Re-referred to Rules Committee |
| 3/25/2025 | House | Added Chief Co-Sponsor Rep. Eva-Dina Delgado |
| 3/25/2025 | House | Added Co-Sponsor Rep. Daniel Didech |
| 4/10/2025 | House | Added Chief Co-Sponsor Rep. Martha Deuter |