Date	Chamber	Action
7/7/2014	Senate	Public Act . . . . . . . . . 98-0703

Statutes Amended In Order of Appearance

30 ILCS 225/1

from Ch. 102, par. 34

30 ILCS 235/6.5

Synopsis As Introduced
Amends the Public Funds Deposit Act. Provides that, in addition to other investments permitted by law, any treasurer or other custodian of public funds may deposit those funds into demand deposit accounts. Excludes those deposits from statutory requirements pertaining to the eligibility of a bank to receive or hold public deposits, and to the pledging of collateral by a bank to secure public deposits, if (i) the public agency initiates the investment at or through a bank located in Illinois and (ii) the invested public funds are at all times fully insured by an agency or instrumentality of the federal government. Effective immediately.

Actions 

Date	Chamber	Action
2/15/2013	Senate	Filed with Secretary by Sen. Terry Link
2/15/2013	Senate	First Reading
2/15/2013	Senate	Referred to Assignments
2/27/2013	Senate	Assigned to Financial Institutions
3/6/2013	Senate	Do Pass Financial Institutions; 010-000-000
3/6/2013	Senate	Placed on Calendar Order of 2nd Reading March 7, 2013
3/13/2013	Senate	Second Reading
3/13/2013	Senate	Placed on Calendar Order of 3rd Reading March 14, 2013
4/12/2013	Senate	Added as Chief Co-Sponsor Sen. Michael Connelly
4/12/2013	Senate	Third Reading - Passed; 050-000-000
4/12/2013	House	Arrived in House
4/15/2013	House	Chief House Sponsor Rep. Rich Brauer
4/15/2013	House	First Reading
4/15/2013	House	Referred to Rules Committee
1/28/2014	House	Assigned to State Government Administration Committee
2/5/2014	House	Do Pass / Short Debate State Government Administration Committee; 020-000-000
2/5/2014	House	Placed on Calendar 2nd Reading - Short Debate
2/25/2014	House	Second Reading - Short Debate
2/25/2014	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/9/2014	House	Added Alternate Chief Co-Sponsor Rep. Frank J. Mautino
4/9/2014	House	Added Alternate Chief Co-Sponsor Rep. David R. Leitch
4/9/2014	House	Added Alternate Chief Co-Sponsor Rep. Tom Demmer
4/9/2014	House	Added Alternate Chief Co-Sponsor Rep. André M. Thapedi
4/9/2014	House	Third Reading - Short Debate - Passed 110-001-001
4/9/2014	Senate	Passed Both Houses
5/8/2014	Senate	Sent to the Governor
7/7/2014	Senate	Governor Approved
7/7/2014	Senate	Effective Date July 7, 2014
7/7/2014	Senate	Public Act . . . . . . . . . 98-0703

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