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<xml>
<title>Illinois General Assembly - Bill Status for HB 1784         </title>
<shortdesc>DEPOSIT OF ST MONEY-PREFERENCE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jehan Gordon-Booth and Lindsey LaPointe</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>15 ILCS 520/7</reference><aliasreference>from Ch. 130, par. 26</aliasreference><SynopsisText>     Amends the Deposit of State Moneys Act. Provides that the State Treasurer may accept a proposal from an eligible institution which provides for a reduced rate of interest provided that such institution documents the use of deposited funds for community development projects, with preference given to eligible institutions located in high unemployment communities. Defines "high unemployment communities".</SynopsisText></synopsis>
<actions>
<statusdate>2/16/2021</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jehan Gordon-Booth</action>
<statusdate>2/17/2021</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/17/2021</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/9/2021</statusdate><chamber>House</chamber><action>Assigned to State Government Administration Committee</action>
<statusdate>3/18/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Lindsey LaPointe</action>
<statusdate>3/27/2021</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

