LOC GOV-CONFLICT OF INTEREST Senate SponsorsSen. Michael Bond House Sponsors(Rep. Daniel V. Beiser) 7/14/2010SenatePublic Act . . . . . . . . . 96-1058 50 ILCS 105/3from Ch. 102, par. 365 ILCS 5/3.1-55-10Amends the Public Officer Prohibited Activities Act and the Illinois Municipal Code. Provides that a municipal officer shall not be deemed interested in a company if the officer owns or holds an interest of 1% or less, not in the officer's individual name but through a mutual fund or "exchange-traded fund", in a company, that company is involved in the transaction of business with the municipality, and that company's stock is traded on a nationally recognized securities market. Effective immediately. 2/10/2010SenateFiled with Secretary by Sen. Michael Bond 2/10/2010SenateFirst Reading 2/10/2010SenateReferred to Assignments 2/24/2010SenateAssigned to Criminal Law 3/4/2010SenateDo Pass Criminal Law; 008-000-000 3/4/2010SenatePlaced on Calendar Order of 2nd Reading March 9, 2010 3/12/2010SenateSecond Reading 3/12/2010SenatePlaced on Calendar Order of 3rd Reading March 15, 2010 3/15/2010SenateThird Reading - Passed; 046-000-000 3/15/2010HouseArrived in House 3/18/2010HouseChief House Sponsor Rep. Daniel V. Beiser 3/18/2010HousePlaced on Calendar Order of First Reading 3/18/2010HouseFirst Reading 3/18/2010HouseReferred to Rules Committee 4/8/2010HouseAssigned to Cities & Villages Committee 4/20/2010HouseDo Pass / Short Debate Cities & Villages Committee; 007-002-000 4/21/2010HousePlaced on Calendar 2nd Reading - Short Debate 4/22/2010HouseSecond Reading - Short Debate 4/22/2010HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/23/2010HouseThird Reading - Short Debate - Passed 084-025-000 4/23/2010SenatePassed Both Houses 5/21/2010SenateSent to the Governor 7/14/2010SenateGovernor Approved 7/14/2010SenateEffective Date July 14, 2010 7/14/2010SenatePublic Act . . . . . . . . . 96-1058