TREASURER-FUNDS DEPOSIT/INVEST Senate SponsorsSen. Mattie Hunter-Jacqueline Y. Collins 1/13/2009SenateSession Sine Die 15 ILCS 520/16.4 new30 ILCS 235/6.1 newAmends the Deposit of State Moneys Act and the Public Funds Investment Act. Requires applicant financial institutions to submit a linked deposit and public investment plan that demonstrates how it will leverage State deposits and investments to create banking, lending, and investment opportunities within low-income and moderate-income communities, particularly those near its branches, and to disclose any direct, affiliate, or subsidiary relationship with or investment in any sub-prime lending intermediary. Requires the Treasurer to give notice of applications and allow for public comment. Requires a hearing if complaints are documented. Prohibits approval of an application if complaints are substantiated. Requires linked deposit agreements and evaluations of financial institutions to be posted on the Treasurer's website. 1/16/2008SenateFiled with Secretary by Sen. Mattie Hunter 1/16/2008SenateFirst Reading 1/16/2008SenateReferred to Rules 1/25/2008SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins 1/13/2009SenateSession Sine Die