Illinois General Assembly - Bill Status for HB1784
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 Bill Status of HB1784  102nd General Assembly


Short Description:  DEPOSIT OF ST MONEY-PREFERENCE

House Sponsors
Rep. Jehan Gordon-Booth and Lindsey LaPointe

Last Action
DateChamber Action
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
15 ILCS 520/7from Ch. 130, par. 26


Synopsis As Introduced
Amends the Deposit of State Moneys Act. Provides that the State Treasurer may accept a proposal from an eligible institution which provides for a reduced rate of interest provided that such institution documents the use of deposited funds for community development projects, with preference given to eligible institutions located in high unemployment communities. Defines "high unemployment communities".

Actions 
DateChamber Action
  2/16/2021HouseFiled with the Clerk by Rep. Jehan Gordon-Booth
  2/17/2021HouseFirst Reading
  2/17/2021HouseReferred to Rules Committee
  3/9/2021HouseAssigned to State Government Administration Committee
  3/18/2021HouseAdded Co-Sponsor Rep. Lindsey LaPointe
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

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