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---
type: "Bill"
title: "STATE MONEY INVEST-SHORT TERM"
description: "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."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "96th"
identifier: "SB 52"
citation: "Illinois SB 52 (96th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 85
vote_count: 5
first_action: "2009-01-30"
last_action: "2009-08-28"
source: "openstates"
source_identifier: "ocd-bill/e4a9bda1-7969-4783-a97a-af88e0cc06a3"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=52&GAID=10&DocTypeID=SB&LegId=40290&SessionID=76&GA=96"
source_hash: "38bbe2f55d18ca92d40fa098abdae5e5e43833520662240402a2e10c02ff51d8"
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 SB 52 (96th) — STATE MONEY INVEST-SHORT TERM
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.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB0052&GA=96&SessionId=76&DocTypeId=SB&LegID=40290&DocNum=52&GAID=10&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB0052eng&GA=96&SessionId=76&DocTypeId=SB&LegID=40290&DocNum=52&GAID=10&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB0052enr&GA=96&SessionId=76&DocTypeId=SB&LegID=40290&DocNum=52&GAID=10&Session=&print=true)
## Votes
- Third Reading — **58–0** (pass) · upper
- Concurrence — **59–0** (pass) · upper
- Concurrence, Amendment 2 — **59–0** (pass) · upper
- Concurrence, Amendment 3 — **59–0** (pass) · upper
- Third Reading — **116–1** (pass) · lower
## Sponsors
- David R. Leitch — cosponsor (person)
- Deborah L. Graham — cosponsor (person)
- Donne E. Trotter — cosponsor (person)
- Jerry L. Mitchell — cosponsor (person)
- Kenneth Dunkin — cosponsor (person)
- Raymond Poe — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2009-01-30** Filed with Secretary by Sen. Dan Kotowski `filing`
- **2009-01-30** First Reading `reading-1`
- **2009-01-30** Referred to Assignments `referral-committee`
- **2009-02-04** Assigned to State Government and Veterans Affairs `referral-committee`
- **2009-02-10** Added as Co-Sponsor Sen. Deanna Demuzio
- **2009-02-18** Do Pass State Government and Veterans Affairs; 007-000-000 `committee-passage`
- **2009-02-18** Placed on Calendar Order of 2nd Reading February 19, 2009
- **2009-02-27** Second Reading `reading-2`
- **2009-02-27** Placed on Calendar Order of 3rd Reading March 4, 2009
- **2009-03-25** Added as Co-Sponsor Sen. Dan Rutherford
- **2009-03-25** Added as Chief Co-Sponsor Sen. Donne E. Trotter
- **2009-03-25** Third Reading - Passed; 058-000-001 `reading-3, passage`
- **2009-03-25** Arrived in House `introduction`
- **2009-03-25** Placed on Calendar Order of First Reading `reading-1`
- **2009-03-25** Chief House Sponsor Rep. James D. Brosnahan
- **2009-03-25** First Reading `reading-1`
- **2009-03-25** Referred to Rules Committee `referral-committee`
- **2009-03-25** Sponsor Removed Sen. Donne E. Trotter
- **2009-04-14** Assigned to Executive Committee `referral-committee`
- **2009-05-08** Rule 19(a) / Re-referred to Rules Committee `referral-committee`
- **2009-05-26** Final Action Deadline Extended-9(b) May 31, 2009
- **2009-05-26** Assigned to Executive Committee `referral-committee`
- **2009-05-26** Motion Filed to Suspend Rule 25 Executive Committee; Rep. Barbara Flynn Currie
- **2009-05-26** Motion to Suspend Rule 25 - Prevailed by Voice Vote
- **2009-05-27** House Committee Amendment No. 1 Filed with Clerk by Executive Committee `amendment-introduction`
- **2009-05-27** House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote `amendment-passage`
- **2009-05-27** Do Pass as Amended / Short Debate Executive Committee; 007-004-000 `committee-passage`
- **2009-05-27** Placed on Calendar 2nd Reading - Short Debate
- **2009-05-27** Second Reading - Short Debate `reading-2`
- **2009-05-27** Placed on Calendar Order of 3rd Reading - Short Debate
- **2009-05-27** Recalled to Second Reading - Short Debate `reading-2`
- **2009-05-27** Held on Calendar Order of Second Reading - Short Debate `reading-2`
- **2009-05-30** House Floor Amendment No. 2 Filed with Clerk by Rep. Marlow H. Colvin `amendment-introduction`
- **2009-05-30** House Floor Amendment No. 2 Referred to Rules Committee `referral-committee`
- **2009-05-30** Alternate Chief Sponsor Changed to Rep. Marlow H. Colvin
- **2009-05-30** Added Alternate Co-Sponsor Rep. Rich Brauer
- **2009-05-30** Added Alternate Co-Sponsor Rep. Raymond Poe
- **2009-05-30** Added Alternate Co-Sponsor Rep. Jerry L. Mitchell
- **2009-05-30** Added Alternate Co-Sponsor Rep. David R. Leitch
- **2009-05-30** House Floor Amendment No. 3 Filed with Clerk by Rep. Marlow H. Colvin `amendment-introduction`
- **2009-05-30** House Floor Amendment No. 3 Referred to Rules Committee `referral-committee`
- **2009-05-30** Added Alternate Chief Co-Sponsor Rep. Mike Bost
- **2009-05-30** Added Alternate Chief Co-Sponsor Rep. Rich Brauer
- **2009-05-30** Alternate Co-Sponsor Removed Rep. Rich Brauer
- **2009-05-30** Added Alternate Chief Co-Sponsor Rep. Dan Reitz
- **2009-05-30** Added Alternate Chief Co-Sponsor Rep. Mark H. Beaubien, Jr.
- **2009-05-30** Added Alternate Co-Sponsor Rep. Deborah L. Graham
- **2009-05-30** Added Alternate Co-Sponsor Rep. Kenneth Dunkin
- **2009-05-30** House Floor Amendment No. 2 Rules Refers to State Government Administration Committee
- **2009-05-30** House Floor Amendment No. 3 Rules Refers to State Government Administration Committee
- **2009-05-30** Added as Co-Sponsor Sen. John O. Jones
- **2009-05-30** House Floor Amendment No. 2 Recommends Be Adopted State Government Administration Committee; 016-000-000 `committee-passage-favorable`
- **2009-05-30** House Floor Amendment No. 3 Recommends Be Adopted State Government Administration Committee; 016-000-000 `committee-passage-favorable`
- **2009-05-30** Sponsor Removed Sen. John O. Jones
- **2009-05-31** House Floor Amendment No. 2 Adopted by Voice Vote `amendment-passage`
- **2009-05-31** House Floor Amendment No. 3 Adopted by Voice Vote `amendment-passage`
- **2009-05-31** Placed on Calendar Order of 3rd Reading - Short Debate
- **2009-05-31** Third Reading - Short Debate - Passed 116-001-000 `reading-3, passage`
- **2009-05-31** Secretary's Desk - Concurrence House Amendment(s) 1, 2, 3
- **2009-05-31** Placed on Calendar Order of Concurrence House Amendment(s) 1, 2, 3 - May 31, 2009
- **2009-05-31** Chief Sponsor Changed to Sen. Donne E. Trotter
- **2009-05-31** Added as Chief Co-Sponsor Sen. John O. Jones
- **2009-05-31** Added as Chief Co-Sponsor Sen. Mike Jacobs
- **2009-05-31** Added as Chief Co-Sponsor Sen. James F. Clayborne, Jr.
- **2009-05-31** Added as Chief Co-Sponsor Sen. Dale E. Risinger
- **2009-05-31** House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Donne E. Trotter `filing`
- **2009-05-31** House Committee Amendment No. 1 Motion to Concur Referred to Assignments `referral-committee`
- **2009-05-31** House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Donne E. Trotter `filing`
- **2009-05-31** House Floor Amendment No. 2 Motion to Concur Referred to Assignments `referral-committee`
- **2009-05-31** House Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Donne E. Trotter `filing`
- **2009-05-31** House Floor Amendment No. 3 Motion to Concur Referred to Assignments `referral-committee`
- **2009-05-31** House Committee Amendment No. 1 Motion to Concur Assignments Referred to Energy `referral-committee`
- **2009-05-31** House Floor Amendment No. 2 Motion to Concur Assignments Referred to Energy `referral-committee`
- **2009-05-31** House Floor Amendment No. 3 Motion to Concur Assignments Referred to Energy `referral-committee`
- **2009-05-31** House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Energy; 009-000-000
- **2009-05-31** House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Energy; 009-000-000
- **2009-05-31** House Floor Amendment No. 3 Motion To Concur Recommended Do Adopt Energy; 009-000-000
- **2009-05-31** House Committee Amendment No. 1 Senate Concurs 059-000-000
- **2009-05-31** House Floor Amendment No. 2 Senate Concurs 059-000-000
- **2009-05-31** House Floor Amendment No. 3 Senate Concurs 059-000-000
- **2009-05-31** Passed Both Houses
- **2009-06-29** Sent to the Governor `executive-receipt`
- **2009-08-28** Governor Approved `executive-signature`
- **2009-08-28** Effective Date August 28, 2009
- **2009-08-28** Public Act . . . . . . . . . 96-0781 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/e4a9bda1-7969-4783-a97a-af88e0cc06a3`. Confidence: reported (aggregated from official Illinois legislature records).