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<xml>
<title>Illinois General Assembly - Bill Status for HB 3670   </title>
<shortdesc>STATE MONEY INVEST-SHORT TERM</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. James D. Brosnahan-Jack D. Franks</sponsors>
<sponsorhead2>Senate Sponsors</sponsorhead2><altsponsors>(Sen. Dan Kotowski)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/14/2009</statusdate><chamber>House</chamber><action>Public Act . . . . . . . . . 96-0469</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>15 ILCS 520/22.5</reference><aliasreference>from Ch. 130, par. 41a</aliasreference><SynopsisText>     Amends the Deposit of State Moneys Act. Provides that the State Treasurer may, with the approval of the Governor, invest State money in short-term obligations of corporations organized in the United States with assets exceeding $500,000,000 if, among other things, the obligations mature not later than 270 (instead of 180) days after the date of purchase. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/24/2009</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. James D. Brosnahan</action>
<statusdate>2/24/2009</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/24/2009</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/3/2009</statusdate><chamber>House</chamber><action>Assigned to State Government Administration Committee</action>
<statusdate>3/11/2009</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Jack D. Franks</action>
<statusdate>3/11/2009</statusdate><chamber>House</chamber><action>Do Pass / Short Debate State Government Administration Committee;  017-000-000</action>
<statusdate>3/12/2009</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>3/17/2009</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>3/17/2009</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>3/18/2009</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 116-000-000</action>
<statusdate>3/18/2009</statusdate><chamber>Senate</chamber><action>Arrive in Senate</action>
<statusdate>3/18/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of First Reading March 19, 2009</action>
<statusdate>3/18/2009</statusdate><chamber>Senate</chamber><action>Chief Senate Sponsor Sen. Dan Kotowski</action>
<statusdate>3/19/2009</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>3/19/2009</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>4/22/2009</statusdate><chamber>Senate</chamber><action>Assigned to State Government and Veterans Affairs</action>
<statusdate>4/30/2009</statusdate><chamber>Senate</chamber><action>Do Pass State Government and Veterans Affairs;  008-000-000</action>
<statusdate>4/30/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading May 5, 2009</action>
<statusdate>5/12/2009</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>5/12/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading ** May 18, 2009</action>
<statusdate>5/19/2009</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 058-000-000</action>
<statusdate>5/19/2009</statusdate><chamber>House</chamber><action>Passed Both Houses</action>
<statusdate>6/17/2009</statusdate><chamber>House</chamber><action>Sent to the Governor</action>
<statusdate>8/14/2009</statusdate><chamber>House</chamber><action>Governor Approved</action>
<statusdate>8/14/2009</statusdate><chamber>House</chamber><action>Effective Date August 14, 2009</action>
<statusdate>8/14/2009</statusdate><chamber>House</chamber><action>Public Act . . . . . . . . . 96-0469</action>
</actions>
</xml>

