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<xml>
<title>Illinois General Assembly - Bill Status for HB 2636         </title>
<shortdesc>STATE MONEYS-FORMS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Ron Sandack and Robert W. Pritchard</sponsors>
<sponsorhead2>Senate Sponsors</sponsorhead2><altsponsors>(Sen. Karen McConnaughay)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>15 ILCS 520/5</reference><aliasreference>from Ch. 130, par. 24</aliasreference><reference>15 ILCS 520/16.3</reference><aliasreference></aliasreference><reference>15 ILCS 520/22.5</reference><aliasreference>from Ch. 130, par. 41a</aliasreference><reference>30 ILCS 235/8</reference><aliasreference></aliasreference><SynopsisText>     Amends the Deposit of State Moneys Act. Makes various changes throughout the Act providing that nothing shall be construed as requiring a financial institution to provide a product or service in this State that the financial institution does not otherwise provide in this State. Makes a similar change in the Public Funds Investment Act. Effective immediately.</SynopsisText><synopsistitle>House Committee Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>15 ILCS 520/5</reference><aliasreference>from Ch. 130, par. 24 </aliasreference><reference>15 ILCS 520/16.3</reference><aliasreference></aliasreference><reference>15 ILCS 520/22.5</reference><aliasreference>from Ch. 130, par. 41a</aliasreference><reference>30 ILCS 235/8</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>15 ILCS 520/6.1 new</reference><aliasreference></aliasreference><reference>30 ILCS 235/6.1 new</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Deposit of State Moneys Act. Provides that nothing in the Act shall be construed as prohibiting a bank, savings bank, or credit union from submitting a proposal to the State Treasurer on the basis that it does not offer a product or service in this State, unless a specific requirement is noted in the public solicitation that is related to the product or service being solicited. Provides that the amendatory Act is not intended to limit the State Treasurer's discretion in the selection of a bank, savings bank, or credit union, as provided in the Act. Makes a similar change in the Public Funds Investment Act concerning the submission of proposals to a public agency. Effective immediately.</SynopsisText><synopsistitle>Senate Floor Amendment No. 1</synopsistitle>
<reftype>Adds reference to:</reftype><reference>30 ILCS 235/2</reference><aliasreference>from Ch. 85, par. 902</aliasreference><SynopsisText>Further amends the Public Funds Investment Act. Provides that any public agency may invest any public funds in obligations (currently, short term obligations) of corporations organized in the United States with assets exceeding $500,000,000 if such obligations mature not later than 3 years (currently, 270 days) from the date of purchase, in addition to other criteria.</SynopsisText></synopsis>
<actions>
<statusdate>2/19/2015</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Ron Sandack</action>
<statusdate>2/19/2015</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/19/2015</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/2/2015</statusdate><chamber>House</chamber><action>Assigned to Consumer Protection Committee</action>
<statusdate>3/23/2015</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Rep. Ron Sandack</action>
<statusdate>3/23/2015</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Referred to Rules Committee</action>
<statusdate>3/24/2015</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rules Refers to Consumer Protection Committee</action>
<statusdate>3/24/2015</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Adopted in Consumer Protection Committee;  by Voice Vote</action>
<statusdate>3/24/2015</statusdate><chamber>House</chamber><action>Do Pass as Amended / Short Debate Consumer Protection Committee;  015-000-000</action>
<statusdate>3/25/2015</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>4/20/2015</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>4/20/2015</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>4/21/2015</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 106-004-003</action>
<statusdate>4/22/2015</statusdate><chamber>Senate</chamber><action>Arrive in Senate</action>
<statusdate>4/22/2015</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>4/22/2015</statusdate><chamber>Senate</chamber><action>Chief Senate Sponsor Sen. Karen McConnaughay</action>
<statusdate>4/22/2015</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>4/22/2015</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>4/29/2015</statusdate><chamber>Senate</chamber><action>Approved for Consideration Assignments</action>
<statusdate>4/29/2015</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading April 30, 2015</action>
<statusdate>5/14/2015</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>5/14/2015</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading May 18, 2015</action>
<statusdate>5/20/2015</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. Karen McConnaughay</action>
<statusdate>5/20/2015</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Assignments</action>
<statusdate>5/20/2015</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Assignments Refers to Local Government</action>
<statusdate>5/21/2015</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Recommend Do Adopt Local Government;  006-000-000</action>
<statusdate>5/22/2015</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As May 31, 2015</action>
<statusdate>5/31/2015</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>5/31/2015</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Adopted; Mcconnaughay</action>
<statusdate>5/31/2015</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading</action>
<statusdate>5/31/2015</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 050-000-000</action>
<statusdate>6/4/2015</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>6/4/2015</statusdate><chamber>House</chamber><action>Placed on Calendar Order of Concurrence Senate Amendment(s) 1</action>
<statusdate>7/31/2015</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) August 31, 2015</action>
<statusdate>8/4/2015</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Motion Filed Concur Rep. Ron Sandack</action>
<statusdate>8/4/2015</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee</action>
<statusdate>8/31/2015</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) September 30, 2015</action>
<statusdate>9/30/2015</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>2/25/2016</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Robert W. Pritchard</action>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

