Date	Chamber	Action
8/25/2009	House	Public Act . . . . . . . . . 96-0741

Statutes Amended In Order of Appearance

15 ILCS 520/22.5

from Ch. 130, par. 41a

Synopsis As Introduced
Amends the Deposit of State Moneys Act. Authorizes investment in repurchase agreements of government securities having the meaning set out in the Government Securities Act of 1986,"as now or hereafter amended or succeeded". Effective immediately.

Senate Committee Amendment No. 1

	Deletes reference to:
	15 ILCS 520/22.5

	Adds reference to:
	30 ILCS 235/2	from Ch. 85, par. 902

Replaces everything after the enacting clause. Amends the Public Funds Investment Act. Provides that public agencies may invest public funds in short-term obligations of corporations organized in the United States with assets exceeding $500,000,000 if, among other things, the obligations mature not later than 270 (instead of 180) days after the date of purchase. Authorizes investment in repurchase agreements of government securities having the meaning set out in the Government Securities Act of 1986, "as now or hereafter amended or succeeded". Effective immediately.

Senate Committee Amendment No. 2
In the Public Funds Investment Act, provides that public agencies may invest public funds in bonds, notes, debentures, or other similar obligations of "the United States of America, its agencies, and its instrumentalities" (instead of "the Unites States of America or its agencies").

Actions 

Date	Chamber	Action
1/13/2009	House	Prefiled with Clerk by Rep. Al Riley
1/14/2009	House	First Reading
1/14/2009	House	Referred to Rules Committee
2/4/2009	House	Assigned to Executive Committee
3/10/2009	House	Re-assigned to State Government Administration Committee
3/10/2009	House	Moved to Suspend Rule 25 Rep. Barbara Flynn Currie
3/10/2009	House	Suspend Rule 25 - Prevailed 067-040-004
3/11/2009	House	Do Pass / Short Debate State Government Administration Committee; 017-000-000
3/12/2009	House	Placed on Calendar 2nd Reading - Short Debate
3/30/2009	House	Second Reading - Short Debate
3/30/2009	House	Held on Calendar Order of Second Reading - Short Debate
3/31/2009	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/1/2009	House	Third Reading - Short Debate - Passed 116-000-000
4/2/2009	Senate	Arrive in Senate
4/2/2009	Senate	Placed on Calendar Order of First Reading April 21, 2009
4/2/2009	Senate	Chief Senate Sponsor Sen. Jacqueline Y. Collins
4/15/2009	Senate	First Reading
4/15/2009	Senate	Referred to Assignments
4/22/2009	Senate	Assigned to State Government and Veterans Affairs
4/30/2009	Senate	Postponed - State Government and Veterans Affairs
4/30/2009	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Jacqueline Y. Collins
4/30/2009	Senate	Senate Committee Amendment No. 1 Referred to Assignments
5/5/2009	Senate	Senate Committee Amendment No. 1 Assignments Refers to State Government and Veterans Affairs
5/5/2009	Senate	Senate Committee Amendment No. 2 Filed with Secretary by Sen. Jacqueline Y. Collins
5/5/2009	Senate	Senate Committee Amendment No. 2 Referred to Assignments
5/6/2009	Senate	Senate Committee Amendment No. 2 Assignments Refers to State Government and Veterans Affairs
5/6/2009	Senate	Senate Committee Amendment No. 1 Adopted
5/6/2009	Senate	Senate Committee Amendment No. 2 Adopted
5/7/2009	Senate	Do Pass as Amended State Government and Veterans Affairs; 009-000-000
5/7/2009	Senate	Placed on Calendar Order of 2nd Reading May 12, 2009
5/14/2009	Senate	Second Reading
5/14/2009	Senate	Placed on Calendar Order of 3rd Reading May 15, 2009
5/15/2009	Senate	Third Reading - Passed; 050-000-000
5/15/2009	House	Arrived in House
5/15/2009	House	Placed on Calendar Order of Concurrence Senate Amendment(s) 1, 2
5/18/2009	House	Senate Committee Amendment No. 1 Motion Filed Concur Rep. Al Riley
5/18/2009	House	Senate Committee Amendment No. 2 Motion Filed Concur Rep. Al Riley
5/18/2009	House	Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
5/18/2009	House	Senate Committee Amendment No. 2 Motion to Concur Referred to Rules Committee
5/28/2009	House	Senate Committee Amendment No. 1 Motion to Concur Rules Referred to State Government Administration Committee
5/28/2009	House	Senate Committee Amendment No. 2 Motion to Concur Rules Referred to State Government Administration Committee
5/29/2009	House	Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted State Government Administration Committee; 015-000-000
5/29/2009	House	Senate Committee Amendment No. 2 Motion to Concur Recommends Be Adopted State Government Administration Committee; 015-000-000
5/30/2009	House	Senate Committee Amendment No. 1 House Concurs 116-001-000
5/30/2009	House	Senate Committee Amendment No. 2 House Concurs 116-001-000
5/30/2009	House	Passed Both Houses
6/26/2009	House	Sent to the Governor
8/25/2009	House	Governor Approved
8/25/2009	House	Effective Date August 25, 2009
8/25/2009	House	Public Act . . . . . . . . . 96-0741

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