Illinois General Assembly - Bill Status for HB0468

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Bill Status of HB0468 94th General Assembly

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Short Description: STATE MONEY-DEPOSIT-CRED UNION

House Sponsors
Rep. Edward J. Acevedo - Robert W. Pritchard - Joseph M. Lyons - Thomas Holbrook, Lisa M. Dugan and Marlow H. Colvin

Last Action

Date	Chamber	Action
1/9/2007	House	Session Sine Die

Statutes Amended In Order of Appearance

15 ILCS 520/7

from Ch. 130, par. 26

Synopsis As Introduced
Amends the Deposit of State Moneys Act. Provides that the Treasurer may accept a proposal from an eligible institution that provides a reduced rate of interest if the institution agrees to expend an amount equal to the reduction for the delivery of credit union products and services and financial literacy programs to low income members of certain credit unions. Provides that the proposal and acceptance shall be contained in an agreement between the State Treasurer, the institution, and a third party, if applicable, and the agreement shall restrict the use of the funds to the prospective delivery of the foregoing products, services, and programs. Effective immediately.

Actions

Date	Chamber	Action
1/26/2005	House	Filed with the Clerk by Rep. Edward J. Acevedo
1/27/2005	House	First Reading
1/27/2005	House	Referred to Rules Committee
2/2/2005	House	Chief Co-Sponsor Rep. Robert W. Pritchard
2/2/2005	House	Assigned to Financial Institutions Committee
2/3/2005	House	Added Co-Sponsor Rep. Lisa M. Dugan
2/16/2005	House	Added Chief Co-Sponsor Rep. Joseph M. Lyons
2/17/2005	House	Added Chief Co-Sponsor Rep. Thomas Holbrook
3/3/2005	House	Added Co-Sponsor Rep. Marlow H. Colvin
3/10/2005	House	Do Pass / Short Debate Financial Institutions Committee; 029-000-000
3/10/2005	House	Placed on Calendar 2nd Reading - Short Debate
4/8/2005	House	Second Reading - Short Debate
4/8/2005	House	Held on Calendar Order of Second Reading - Short Debate
4/15/2005	House	Rule 19(a) / Re-referred to Rules Committee
1/9/2007	House	Session Sine Die

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