Bill Sponsors: IL SB0536 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Public Funds Investment Act. Provides that a public agency may adopt an ordinance or resolution to allow for investment of public funds in instruments that are not specifically listed as authorized investments if those investments comply with (i) any other law that authorizes public agencies to invest funds and (ii) the investment policy adopted by the public agency.

Spectrum: Slight Partisan Bill (Democrat 5-2)

Status: (Passed) 2024-08-09 - Public Act . . . . . . . . . 103-0880 [SB0536 Detail]

Text: Latest bill text (Chaptered) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Laura Ellman [D]PrimarySponsored BillsSD-021FollowTheMoneyBallotpediaVoteSmart
Representative Terra Costa Howard [D]PrimarySponsored BillsHD-042FollowTheMoneyBallotpediaVoteSmart
Representative Maura Hirschauer [D]CosponsorSponsored BillsHD-049FollowTheMoneyBallotpediaVoteSmart
Representative Diane Blair-Sherlock [D]CosponsorSponsored BillsHD-046FollowTheMoneyBallotpediaVoteSmart
Representative Jenn Ladisch Douglass [D]CosponsorSponsored BillsHD-045FollowTheMoneyBallotpediaN/A
Representative Nicole La Ha [R]CosponsorSponsored BillsHD-082N/ABallotpediaVoteSmart
Representative Jennifer Sanalitro [R]CosponsorSponsored BillsHD-048FollowTheMoneyBallotpediaN/A

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