92nd General Assembly
Summary of HB4066
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Status
House Sponsors:
HOLBROOK-JONES,JOHN-HOFFMAN-STEPHENS-MAUTINO, BASSI, 
   DAVIS,STEVE, MCGUIRE, MATHIAS AND MOFFITT.

Senate Sponsors:
BOWLES-NOLAND

Short description: 
ST TREAS DEPOSIT-CAHOKIA MOUND                                             

Synopsis of Bill as introduced:
        Amends the Deposit  of  State  Moneys  Act.   Permits  the  State      
   Treasurer  to  deposit  State moneys at a reduced interest rate with a      
   financial institution that agrees to use moneys equal to the  interest      
   reduction for preservation of Cahokia Mounds.  Effective immediately.       
          FISCAL NOTE (State Treasurer)                                        
          HB 4066 will not increase State expenditures. However, the           
          lower rate of interest will have a slight decrease in revenues.      
          At today's interest rates, revenues would decrease $1,160 per        
          $100,000 on deposit for one year.                                    
 
Last action on Bill: PUBLIC ACT.............................. 92-0625

   Last action date: JUL-11-2002

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status