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<xml>
<title>Illinois General Assembly - Bill Status for HB 2741</title>
<shortdesc>PUBLIC FUNDS-SECURITIES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Travis Weaver-Eva-Dina Delgado-Martha Deuter and Daniel Didech</sponsors>
</sponsor>
<lastaction>
<statusdate>3/21/2025</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 235/2</reference><aliasreference>from Ch. 85, par. 902</aliasreference><SynopsisText>     Amends the Public Funds Investment Act. Permits public agencies to invest public funds in any security that matures or that may be tendered for purchase at the option of the holder within not more than 7 years of the date on which it is acquired and that has the highest rating category (AAA) or the second highest rating category (AA) assigned by Standard &amp; Poor's Corporation, Moody's Investors' Services, or other similar nationally recognized statistical rating organization. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/5/2025</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Travis Weaver</action>
<statusdate>2/6/2025</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/6/2025</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/4/2025</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/6/2025</statusdate><chamber>House</chamber><action>To Tax Policy: Finance Subcommittee</action>
<statusdate>3/21/2025</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>3/25/2025</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Eva-Dina Delgado</action>
<statusdate>3/25/2025</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Daniel Didech</action>
<statusdate>4/10/2025</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Martha Deuter</action>
</actions>
</xml>
