92nd General Assembly
Status of HB0131
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 Full Text  Bill Summary

   30 ILCS 350/12            from Ch. 17, par. 6912                            

        Amends the Local Government Debt Reform Act.  Provides that  with      
   the   authorization   of  the  governing  body,  the  treasurer  of  a      
   governmental unit may join with the treasurers of  other  governmental      
   units  to  jointly  invest  funds  of which the treasurer has custody.      
   Effective immediately.                                                      
        HOUSE AMENDMENT NO. 1.                                                 
          Deletes reference to:                                                
          30 ILCS 350/12                                                       
          Adds reference to:                                                   
          30 ILCS 235/2                   from Ch. 85, par. 902                
        Deletes everything.  Amends  the  Public  Funds  Investment  Act.      
   Provides  that in addition to the authority available to invest funds,      
   a public agency may authorize the treasurer of that public  agency  to      
   join  with  the treasurers of other public agencies for the purpose of      
   jointly investing the funds of which the treasurer has custody and the      
   sole  legal  authority  to  invest.  Sets   requirements   for   joint      
   investments.  Provides  that  participants  in these joint investments      
   shall avail themselves of current training in public funds management.      
   JAN-04-2001  H  PREFILED WITH CLERK                                            
   JAN-10-2001  H  FIRST READING                                                  
   JAN-10-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   JAN-31-2001  H       ASSIGNED TO COMMITTEE               STE GOV ADMIN         
   FEB-22-2001  H  ADDED AS A JOINT SPONSOR                 MATHIAS               
   FEB-23-2001  H  DO PASS/SHORT DEBATE                     009-000-000   HSGA    
   FEB-23-2001  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   FEB-27-2001  H                             AMENDMENT NO. 01-SCHOENBERG         
   FEB-27-2001  H                     AMENDMENT REFERRED TO HRUL                  
   FEB-27-2001  H  CALENDAR ORDER 2ND READING-SHORT DEBATE                        
   MAR-13-2001  H                             AMENDMENT NO. 01-SCHOENBERG         
   MAR-13-2001  H  RECOMMENDS BE ADOPTED                    HRUL/005-000-000      
   MAR-13-2001  H  CALENDAR ORDER 2ND READING-SHORT DEBATE                        
   MAR-26-2001  H  SECOND READING-SHORT DEBATE                                    
   MAR-26-2001  H                             AMENDMENT NO. 01-SCHOENBERG         
   MAR-26-2001  H                                   ADOPTED                       
   MAR-26-2001  H  HELD ON CAL ORDER 2ND RDG - SHORT DEBATE                       
   APR-03-2001  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   APR-06-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary