Bill Status of HB2741

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HB2741 - 104th General Assembly

PUBLIC FUNDS-SECURITIES
Last Action
03/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
30 ILCS 235/2from Ch. 85, par. 902
Synopsis As Introduced
Amends the Public Funds Investment Act. Permits public agencies to invest public funds in any security that matures or that may be tendered for purchase at the option of the holder within not more than 7 years of the date on which it is acquired and that has the highest rating category (AAA) or the second highest rating category (AA) assigned by Standard & Poor's Corporation, Moody's Investors' Services, or other similar nationally recognized statistical rating organization. Effective immediately.
Actions
Date Chamber Action
02/05/2025 House Filed with the Clerk by Rep. Travis Weaver
02/06/2025 House First Reading
02/06/2025 House Referred to Rules Committee
03/04/2025 House Assigned to Revenue & Finance Committee
03/06/2025 House To Tax Policy: Finance Subcommittee
03/21/2025 House Rule 19(a) / Re-referred to Rules Committee
03/25/2025 House Added Chief Co-Sponsor Rep. Eva-Dina Delgado
03/25/2025 House Added Co-Sponsor Rep. Daniel Didech
04/10/2025 House Added Chief Co-Sponsor Rep. Martha Deuter