IllinoisHB1447104th General Assembly (2025–2026)House

PUBLIC FUNDS-ONLINE INFO

Sponsored By: Sponsor information unavailable

Signed by Governor

Summary

Amends the State Treasurer Act. Makes formatting changes. Amends the Accountability for the Investment of Public Funds Act. Provides that each State agency shall make available on the Internet, and update at least monthly, no later than the end of each month (rather than by the 15th of the month), sufficient information concerning the investment of any public funds held by that State agency to identify specified information. Effective immediately.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

State investment reports due at month-end

Illinois state agencies that invest public funds must post investment information online and update it at least monthly. The deadline moves from the 15th to month-end, giving agencies more time to publish. Reports must show the previous month's ending fund balance or average daily balance, plus monthly investment income and yield. They must show how investments are divided among asset types. They must also list all approved banks and other deposit holders, commercial paper issuers, and investment brokers and dealers.

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

  • Michael Crawford

    Democratic • House

  • Michael J. Kelly

    Democratic • House

  • Mike Porfirio

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 178 • No: 0

Senate vote • 5/22/2025

Third Reading - Passed;

Yes: 58 • No: 0

House vote • 4/8/2025

Third Reading - Short Debate - Passed

Yes: 111 • No: 0 • Other: 2

House vote • 2/26/2025

Do Pass / Short Debate State Government Administration Committee;

Yes: 9 • No: 0

Actions Timeline

  1. Public Act . . . . . . . . . 104-0182

    8/15/2025House
  2. Effective Date August 15, 2025

    8/15/2025House
  3. Governor Approved

    8/15/2025House
  4. Sent to the Governor

    6/20/2025House
  5. Passed Both Houses

    5/22/2025House
  6. Third Reading - Passed; 058-000-000

    5/22/2025Senate
  7. Placed on Calendar Order of 3rd Reading **

    5/20/2025Senate
  8. Placed on Calendar Order of 3rd Reading May 1, 2025

    4/30/2025Senate
  9. Second Reading

    4/30/2025Senate
  10. Placed on Calendar Order of 2nd Reading April 29, 2025

    4/24/2025Senate
  11. Approved for Consideration Assignments

    4/23/2025Senate
  12. Referred to Assignments

    4/9/2025Senate
  13. First Reading

    4/9/2025Senate
  14. Chief Senate Sponsor Sen. Mike Porfirio

    4/9/2025Senate
  15. Placed on Calendar Order of First Reading

    4/9/2025Senate
  16. Arrive in Senate

    4/9/2025Senate
  17. Third Reading - Short Debate - Passed 111-000-002

    4/8/2025House
  18. Placed on Calendar Order of 3rd Reading - Short Debate

    3/18/2025House
  19. Second Reading - Short Debate

    3/18/2025House
  20. Added Co-Sponsor Rep. Michael Crawford

    3/6/2025House
  21. Placed on Calendar 2nd Reading - Short Debate

    2/27/2025House
  22. Do Pass / Short Debate State Government Administration Committee; 009-000-000

    2/26/2025House
  23. Assigned to State Government Administration Committee

    2/18/2025House
  24. Referred to Rules Committee

    1/28/2025House
  25. First Reading

    1/28/2025House

Bill Text

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