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<xml>
<title>Illinois General Assembly - Bill Status for HB 5704         </title>
<shortdesc>PUBLIC FUNDS INVEST PROHIBIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jim Durkin-Dan Brady, Tony McCombie and Thomas M. Bennett</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>15 ILCS 520/22.7 new</reference><aliasreference></aliasreference><reference>30 ILCS 235/2.3 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Deposit of State Moneys Act and the Public Funds Investment Act. Prohibits the investment of State money and public funds in any investment instrument that is based in or tied to Russia. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/24/2022</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jim Durkin</action>
<statusdate>2/24/2022</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Dan Brady</action>
<statusdate>2/24/2022</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/24/2022</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/7/2022</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Tony McCombie</action>
<statusdate>3/10/2022</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Thomas M. Bennett</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

