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<title>Illinois General Assembly - Bill Status for HR 531          </title>
<shortdesc>FINANCIAL SVC FEE REDUCTION</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Emanuel Chris Welch-John Bradley-Will Guzzardi-Mike Smiddy-Elgie R. Sims, Jr., Michael J. Zalewski, Frances Ann Hurley, La Shawn K. Ford, Monique D. Davis, Kelly M. Cassidy, Thaddeus Jones, Mary E. Flowers, Martin J. Moylan, Carol Ammons, Jehan Gordon-Booth, Christian L. Mitchell, Daniel V. Beiser and Patrick J. Verschoore</sponsors>
</sponsor>
<lastaction>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Resolution Adopted</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<SynopsisText>     Urges the members of the General Assembly to not implement any cuts to State aid to municipalities unless those cuts are matched by equally proportionate reductions in fees for financial services paid by State agencies, including fees for all financial services, including cash management, investment management, and debt management. Urges all State agencies to request that the firms that provide them financial services reduce fees by an equally proportionate amount if the General Assembly cuts State aid to municipalities and to not make any payments to firms that refuse to reduce fees for financial services by the set amount until they have first met all of their other financial obligations, including fully funding public services and State aid to municipalities, paying workers, making pension fund contributions, and paying other legitimate bills.</SynopsisText></synopsis>
<actions>
<statusdate>5/26/2015</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Emanuel Chris Welch</action>
<statusdate>5/27/2015</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>5/29/2015</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>5/29/2015</statusdate><chamber>House</chamber><action>Motion Filed to Suspend Rule 21 Revenue &amp; Finance Committee;  Rep. Barbara Flynn Currie</action>
<statusdate>5/29/2015</statusdate><chamber>House</chamber><action>Motion Prevailed</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Recommends Be Adopted Revenue &amp; Finance Committee;  008-005-000</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Placed on Calendar Order of Resolutions</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. John Bradley</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Will Guzzardi</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Mike Smiddy</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Elgie R. Sims, Jr.</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael J. Zalewski</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Frances Ann Hurley</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. La Shawn K. Ford</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Monique D. Davis</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kelly M. Cassidy</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Thaddeus Jones</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mary E. Flowers</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Martin J. Moylan</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Carol Ammons</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jehan Gordon-Booth</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Christian L. Mitchell</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Daniel V. Beiser</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Patrick J. Verschoore</action>
<statusdate>5/30/2015</statusdate><chamber>House</chamber><action>Resolution Adopted</action>
</actions>
</xml>

