Illinois General Assembly - Bill Status for SB3563
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 Bill Status of SB3563  103rd General Assembly

Short Description:  LIBRARY-BOND PERCENTAGE

Senate Sponsors
Sen. Erica Harriss - Linda Holmes, Laura M. Murphy and Mary Edly-Allen

House Sponsors
(Rep. Jenn Ladisch Douglass - Laura Faver Dias)

Last Action
DateChamber Action
  4/24/2024HouseAssigned to Revenue & Finance Committee

Statutes Amended In Order of Appearance
75 ILCS 5/4-9from Ch. 81, par. 4-9
75 ILCS 10/5from Ch. 81, par. 115
75 ILCS 16/30-45


Synopsis As Introduced
Amends the Illinois Local Library Act. Provides that the bond of a library treasurer or custodian of the moneys paid over to a library board shall not be less than 10% (rather than 50%) of the total funds received by the library in the last fiscal year or the treasurer or custodian of the moneys paid over to a library board may provide insurance coverage for negligent and intentional acts by library officials and employees that could result in the loss of library funds in an amount at least equal to 10% (rather than 50%) of the average amount of the library's operating fund from the prior 3 fiscal years. Makes similar changes in the Illinois Library System Act and the Public Library District Act of 1991 relating to treasurer bonds. Effective immediately.

Actions 
DateChamber Action
  2/9/2024SenateFiled with Secretary by Sen. Erica Harriss
  2/9/2024SenateFirst Reading
  2/9/2024SenateReferred to Assignments
  2/20/2024SenateAssigned to Local Government
  3/6/2024SenateAdded as Chief Co-Sponsor Sen. Linda Holmes
  3/7/2024SenateDo Pass Local Government; 009-000-000
  3/7/2024SenatePlaced on Calendar Order of 2nd Reading March 12, 2024
  3/14/2024SenateSecond Reading
  3/14/2024SenatePlaced on Calendar Order of 3rd Reading March 20, 2024
  4/10/2024SenatePlaced on Calendar Order of 3rd Reading **
  4/10/2024SenateAdded as Co-Sponsor Sen. Laura M. Murphy
  4/11/2024SenateAdded as Co-Sponsor Sen. Mary Edly-Allen
  4/12/2024SenateThird Reading - Passed; 059-000-000
  4/12/2024HouseArrived in House
  4/15/2024HouseChief House Sponsor Rep. Jenn Ladisch Douglass
  4/15/2024HouseFirst Reading
  4/15/2024HouseReferred to Rules Committee
  4/24/2024HouseAssigned to Revenue & Finance Committee
  4/29/2024HouseAdded Alternate Chief Co-Sponsor Rep. Laura Faver Dias

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