POE-DURKIN-WOJCIK AND MITCHELL,BILL. (SIEBEN) 30 ILCS 235/6 from Ch. 85, par. 906 Amends the Public Funds Investment Act. Provides that when a public agency deposits public funds in a financial institution, the agency and the institution may enter into an agreement requiring that any funds not insured by an approved share insurer be collateralized by securities, mortages, or loans covered by a State guaranty under the Farm Development Act (now by securities or mortgages) in an amount equal to at least the market value of the funds that exceed the amount covered by insurance. FISCAL NOTE (Farm Development Authority) There will be no fiscal impact. 99-02-19 H FILED WITH CLERK 99-02-19 H FIRST READING 99-02-19 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-24 H ASSIGNED TO COMMITTEE STE GOV ADMIN 99-03-02 H FISCAL NOTE FILED 99-03-02 H COMMITTEE STE GOV ADMIN 99-03-04 H DO PASS/SHORT DEBATE 008-000-000 HSGA 99-03-04 H PLACED CALENDAR 2ND READING-SHORT DEBATE 99-03-09 H SECOND READING-SHORT DEBATE 99-03-09 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 99-03-11 H ADDED AS A JOINT SPONSOR DURKIN 99-03-11 H ADDED AS A JOINT SPONSOR WOJCIK 99-03-12 H ADDED AS A CO-SPONSOR MITCHELL,BILL 99-03-12 H THIRD READING/SHORT DEBATE/PASSED 114-001-000 99-03-16 S ARRIVE IN SENATE 99-03-16 S PLACED CALENDAR ORDER OF FIRST READING 99-03-17 99-04-14 S CHIEF SPONSOR SIEBEN 99-04-15 S FIRST READING 99-04-15 S REFERRED TO SENATE RULES COMMITTEE RULES 99-04-20 S ASSIGNED TO COMMITTEE ST GOVERN OPR 99-04-29 S DO PASS 008-000-000 SGOA 99-04-29 S PLACED ON CALENDAR ORDER OF 2ND READING 99-05-04 99-05-04 S SECOND READING 99-05-04 S PLACED ON CALENDAR ORDER OF 3RD READING 99-05-05 99-05-06 S THIRD READING - PASSED 058-000-000 99-05-06 H PASSED BOTH HOUSES 99-06-04 H SENT TO THE GOVERNOR 99-07-29 H GOVERNOR APPROVED 99-07-29 H EFFECTIVE DATE 00-01-01 99-07-29 H PUBLIC ACT.............................. 91-0324 END OF INQUIRY Full Text Bill Summary