Translate
SB3086 - 104th General Assembly
STATE PERMITTED INVESTMENTS
Last Action
Statutes Amended In Order of Appearance
15 ILCS 520/22.5from Ch. 130, par. 41a
Synopsis As Introduced
Amends the Deposit of State Moneys Act. Provides that the State Treasurer may invest or reinvest any State money in private placement fixed income securities that are exempt from the registration requirements of the Securities and Exchange Commission if specified conditions are satisfied. Effective immediately.
Senate Committee Amendment No. 1
Provides that the State Treasurer may invest or reinvest any State money in pooled investment trusts that are registered as an open-end investment company with the Securities and Exchange Commission and with voting trustees that are officers or employees of a national labor federation (rather than private placement fixed income securities that are exempt from the registration requirements of the Securities and Exchange Commission).
Actions
| Date | Chamber | Action |
|---|---|---|
| 1/29/2026 | Senate | Filed with Secretary by Sen. Ram Villivalam |
| 1/29/2026 | Senate | First Reading |
| 1/29/2026 | Senate | Referred to Assignments |
| 3/10/2026 | Senate | Assigned to State Government |
| 3/10/2026 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Ram Villivalam |
| 3/10/2026 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 3/11/2026 | Senate | Senate Committee Amendment No. 1 Assignments Refers to State Government |
| 3/13/2026 | Senate | Rule 2-10 Committee Deadline Established As March 27, 2026 |
| 3/27/2026 | Senate | Rule 2-10 Committee Deadline Established As April 24, 2026 |
| 4/15/2026 | Senate | Senate Committee Amendment No. 1 Adopted |
| 4/15/2026 | Senate | Do Pass as Amended State Government; 008-000-000 |
| 4/15/2026 | Senate | Placed on Calendar Order of 2nd Reading April 16, 2026 |