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<xml>
<title>Illinois General Assembly - Bill Status for SB 2661         </title>
<shortdesc>TREASURER-DEPOSIT STATE MONEY</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Jacqueline Y. Collins-Ira I. Silverstein</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Robert Martwick)</altsponsors>
</sponsor>
<lastaction>
<statusdate>11/28/2018</statusdate><chamber>Senate</chamber><action>Bill Dead - Amendatory Veto</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>15 ILCS 520/10</reference><aliasreference>from Ch. 130, par. 29</aliasreference><reference>15 ILCS 520/11</reference><aliasreference>from Ch. 130, par. 30</aliasreference><reference>15 ILCS 520/22.5</reference><aliasreference>from Ch. 130, par. 41a</aliasreference><SynopsisText>Amends the Deposit of State Moneys Act. Modifies a Section concerning agreements entered into by the State Treasurer with any bank or savings and loan association relating to the deposit of securities. Provides that such agreements may authorize the holding of securities in any bank or a depository trust company in the United States (rather than New York City). Adds to the classes of securities that the State Treasurer may accept as collateral for deposits not insured by an agency of the federal government. Adds to and modifies the investments in which the State Treasurer may in invest or reinvest on behalf of the State. Effective immediately.</SynopsisText><synopsistitle>Governor Amendatory Veto Message</synopsistitle>
<SynopsisText>In provisions added to the Deposit of State Moneys Act that permit the State Treasurer to invest or reinvest up to 5% of moneys from certain State funds into publicly traded corporations, partnerships, or limited liability companies, recommends providing that the State Treasurer may make such investments with the approval of the Governor.</SynopsisText></synopsis>
<actions>
<statusdate>2/13/2018</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Jacqueline Y. Collins</action>
<statusdate>2/13/2018</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/13/2018</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/21/2018</statusdate><chamber>Senate</chamber><action>Assigned to Financial Institutions</action>
<statusdate>3/14/2018</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Ira I. Silverstein</action>
<statusdate>4/11/2018</statusdate><chamber>Senate</chamber><action>Do Pass Financial Institutions;  008-000-000</action>
<statusdate>4/11/2018</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading April 12, 2018</action>
<statusdate>4/18/2018</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/18/2018</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 19, 2018</action>
<statusdate>4/25/2018</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 055-001-000</action>
<statusdate>4/25/2018</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/25/2018</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Robert Martwick</action>
<statusdate>4/26/2018</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/26/2018</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>5/14/2018</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>5/18/2018</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 25, 2018</action>
<statusdate>5/24/2018</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Executive Committee;  011-000-000</action>
<statusdate>5/24/2018</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/24/2018</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/24/2018</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate</action>
<statusdate>5/25/2018</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 31, 2018</action>
<statusdate>5/28/2018</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/28/2018</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 114-001-000</action>
<statusdate>5/28/2018</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>6/26/2018</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>8/21/2018</statusdate><chamber>Senate</chamber><action>Governor Amendatory Veto</action>
<statusdate>11/13/2018</statusdate><chamber>Senate</chamber><action>Placed on Calendar Amendatory Veto November 14, 2018</action>
<statusdate>11/28/2018</statusdate><chamber>Senate</chamber><action>Bill Dead - Amendatory Veto</action>
</actions>
</xml>

