Legislation: batch B — IL IN KS KY LA MA MD ME MI MN

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>

legislation/us/states/il/103rd/hb-3340.md

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+---
+type: "Bill"
+title: "MUNI CD-BORROWING FROM THE IFA"
+description: "Amends the Illinois Municipal Code. In provisions relating to a municipality borrowing money from a bank or other financial institution, modifies the definition of \"financial institution\" to include the Illinois Finance Authority."
+jurisdiction: "us/states/il"
+legislature: "Illinois General Assembly"
+session: "103rd"
+identifier: "HB 3340"
+citation: "Illinois HB 3340 (103rd)"
+classification: ["bill"]
+subjects: []
+status: "enacted"
+primary_sponsors: ["Bill Cunningham", "Kelly M. Burke"]
+version_count: 3
+action_count: 29
+vote_count: 4
+first_action: "2023-02-17"
+last_action: "2023-06-30"
+source: "openstates"
+source_identifier: "ocd-bill/b093ccb2-bd13-4507-a516-ceff3d98fbde"
+source_url: "https://beta.ilga.gov/Legislation/BillStatus?DocNum=3340&GAID=17&DocTypeID=HB&LegId=148502&SessionID=112"
+source_hash: "2ec1787cbfaae1bfad8decaa75d38cf9f5ea72de90078100445137154a1ca088"
+vintage: "2026-07-01"
+source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
+retrieved_at: "2026-07-06"
+confidence: "reported"
+tags: ["legislation", "bill", "us-il"]
+---
+
+# Illinois HB 3340 (103rd) — MUNI CD-BORROWING FROM THE IFA
+
+Amends the Illinois Municipal Code. In provisions relating to a municipality borrowing money from a bank or other financial institution, modifies the definition of "financial institution" to include the Illinois Finance Authority.
+
+## Version chain
+
+The bill's text revisions, in order — the diff chain from filing to enrollment.
+
+1. **Introduced** (filed) — [source](https://beta.ilga.gov/documents/legislation/103/HB/PDF/10300HB3340.pdf)
+2. **Engrossed** (committee substitute) — [source](https://beta.ilga.gov/documents/legislation/103/HB/PDF/10300HB3340eng.pdf)
+3. **Enrolled** (enrolled) — [source](https://beta.ilga.gov/documents/legislation/103/HB/PDF/10300HB3340enr.pdf)
+
+## Votes
+
+- Third Reading — **55–1** (pass) · lower
+- Executive — **13–0** (pass) · lower
+- Financial Institutions & Licensing — **12–0** (pass) · lower
+- Third Reading — **112–0** (pass) · lower
+
+## Sponsors
+
+- Bill Cunningham — primary (person)
+- Kelly M. Burke — primary (person)
+- Debbie Meyers-Martin — cosponsor (person)
+- Eva-Dina Delgado — cosponsor (person)
+- John Egofske — cosponsor (person)
+
+## Timeline
+
+The legislative action history — every referral, reading, and vote.
+
+- **2023-02-17** Filed with the Clerk by Rep. Kelly M. Burke `filing`
+- **2023-02-17** First Reading `reading-1`
+- **2023-02-17** Referred to Rules Committee
+- **2023-02-28** Assigned to Financial Institutions and Licensing Committee `referral-committee`
+- **2023-03-07** Added Chief Co-Sponsor Rep. Eva-Dina Delgado
+- **2023-03-07** Do Pass / Short Debate Financial Institutions and Licensing Committee; 012-000-000
+- **2023-03-08** Placed on Calendar 2nd Reading - Short Debate `reading-2`
+- **2023-03-15** Second Reading - Short Debate `reading-2`
+- **2023-03-15** Placed on Calendar Order of 3rd Reading - Short Debate
+- **2023-03-22** Third Reading - Short Debate - Passed 112-000-000 `passage, reading-3`
+- **2023-03-22** Added Chief Co-Sponsor Rep. John Egofske
+- **2023-03-22** Added Co-Sponsor Rep. Debbie Meyers-Martin
+- **2023-03-23** Arrive in Senate `introduction`
+- **2023-03-23** Placed on Calendar Order of First Reading `reading-1`
+- **2023-03-23** Chief Senate Sponsor Sen. Bill Cunningham
+- **2023-03-23** First Reading `reading-1`
+- **2023-03-23** Referred to Assignments
+- **2023-04-12** Assigned to Executive `referral-committee`
+- **2023-04-20** Do Pass Executive; 013-000-000
+- **2023-04-20** Placed on Calendar Order of 2nd Reading April 25, 2023 `reading-2`
+- **2023-04-26** Second Reading `reading-2`
+- **2023-04-26** Placed on Calendar Order of 3rd Reading April 27, 2023
+- **2023-05-05** Placed on Calendar Order of 3rd Reading ** May 8, 2023
+- **2023-05-11** Third Reading - Passed; 055-001-000 `passage, reading-3`
+- **2023-05-11** Passed Both Houses
+- **2023-06-09** Sent to the Governor `executive-receipt`
+- **2023-06-30** Governor Approved `executive-signature`
+- **2023-06-30** Effective Date January 1, 2024
+- **2023-06-30** Public Act . . . . . . . . . 103-0187 `became-law`
+
+## Source
+
+OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b093ccb2-bd13-4507-a516-ceff3d98fbde`. Confidence: reported (aggregated from official Illinois legislature records).
+