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/98th/hb-1353.md

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+---
+type: "Bill"
+title: "PUBLIC FUNDS INVESTMENT"
+description: "Amends the Public Funds Investment Act. Provides that park districts, forest preserve districts, and conservation districts may, like municipalities and counties, invest public funds in interest-bearing bonds of any political subdivision or agency of the State of Illinois, whether the interest earned is taxable or tax-exempt under federal law. Provides that bonds shall be registered in the name of the municipality, park district, forest preserve district, conservation district, or county. Effective immediately."
+jurisdiction: "us/states/il"
+legislature: "Illinois General Assembly"
+session: "98th"
+identifier: "HB 1353"
+citation: "Illinois HB 1353 (98th)"
+classification: ["bill"]
+subjects: []
+status: "enacted"
+primary_sponsors: []
+version_count: 3
+action_count: 36
+vote_count: 2
+first_action: "2013-02-06"
+last_action: "2013-08-16"
+source: "openstates"
+source_identifier: "ocd-bill/9954ed34-275d-4bc6-b775-4d113a7c60ae"
+source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=1353&GAID=12&DocTypeID=HB&LegId=72079&SessionID=85&GA=98"
+source_hash: "5c120cfb15c3d80f4296409db5e683805b03fe1c8f2379b77acbfce5e0831b70"
+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 1353 (98th) — PUBLIC FUNDS INVESTMENT
+
+Amends the Public Funds Investment Act. Provides that park districts, forest preserve districts, and conservation districts may, like municipalities and counties, invest public funds in interest-bearing bonds of any political subdivision or agency of the State of Illinois, whether the interest earned is taxable or tax-exempt under federal law. Provides that bonds shall be registered in the name of the municipality, park district, forest preserve district, conservation district, or county. 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=09800HB1353&GA=98&SessionId=85&DocTypeId=HB&LegID=72079&DocNum=1353&GAID=12&Session=&print=true)
+2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800HB1353eng&GA=98&SessionId=85&DocTypeId=HB&LegID=72079&DocNum=1353&GAID=12&Session=&print=true)
+3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800HB1353enr&GA=98&SessionId=85&DocTypeId=HB&LegID=72079&DocNum=1353&GAID=12&Session=&print=true)
+
+## Votes
+
+- Third Reading — **111–0** (pass) · lower
+- Third Reading — **55–0** (pass) · upper
+
+## Sponsors
+
+- Emily McAsey — primary (person)
+- Jennifer Bertino-Tarrant — cosponsor (person)
+- Kimberly A. Lightford — cosponsor (person)
+
+## Timeline
+
+The legislative action history — every referral, reading, and vote.
+
+- **2013-02-06** Filed with the Clerk by Rep. Emily McAsey `filing`
+- **2013-02-06** First Reading `reading-1`
+- **2013-02-06** Referred to Rules Committee `referral-committee`
+- **2013-02-13** Assigned to Personnel and Pensions Committee `referral-committee`
+- **2013-02-21** Do Pass / Short Debate Personnel and Pensions Committee; 010-000-000 `committee-passage`
+- **2013-02-21** Placed on Calendar 2nd Reading - Short Debate
+- **2013-02-27** Second Reading - Short Debate `reading-2`
+- **2013-02-27** Placed on Calendar Order of 3rd Reading - Short Debate
+- **2013-02-28** Added Co-Sponsor Rep. Esther Golar
+- **2013-02-28** Added Co-Sponsor Rep. Carol A. Sente
+- **2013-03-01** Added Co-Sponsor Rep. Jack D. Franks
+- **2013-03-01** Third Reading - Short Debate - Passed 111-000-000 `reading-3, passage`
+- **2013-03-01** Added Chief Co-Sponsor Rep. Dwight Kay
+- **2013-03-01** Remove Chief Co-Sponsor Rep. Dwight Kay
+- **2013-03-01** Added Chief Co-Sponsor Rep. Naomi D. Jakobsson
+- **2013-03-01** Chief Co-Sponsor Changed to Rep. Naomi D. Jakobsson
+- **2013-03-01** Added Chief Co-Sponsor Rep. Anthony DeLuca
+- **2013-03-05** Arrive in Senate `introduction`
+- **2013-03-05** Placed on Calendar Order of First Reading `reading-1`
+- **2013-03-05** Chief Senate Sponsor Sen. Linda Holmes
+- **2013-03-05** First Reading `reading-1`
+- **2013-03-05** Referred to Assignments `referral-committee`
+- **2013-03-12** Assigned to Local Government `referral-committee`
+- **2013-03-20** Do Pass Local Government; 012-000-000 `committee-passage`
+- **2013-03-20** Placed on Calendar Order of 2nd Reading March 21, 2013
+- **2013-04-10** Added as Alternate Co-Sponsor Sen. Jennifer Bertino-Tarrant
+- **2013-04-16** Second Reading `reading-2`
+- **2013-04-16** Placed on Calendar Order of 3rd Reading April 17, 2013
+- **2013-04-17** Added as Alternate Chief Co-Sponsor Sen. Melinda Bush
+- **2013-05-21** Added as Alternate Co-Sponsor Sen. Kimberly A. Lightford
+- **2013-05-21** Third Reading - Passed; 055-000-000 `reading-3, passage`
+- **2013-05-21** Passed Both Houses
+- **2013-06-19** Sent to the Governor `executive-receipt`
+- **2013-08-16** Governor Approved `executive-signature`
+- **2013-08-16** Effective Date August 16, 2013
+- **2013-08-16** Public Act . . . . . . . . . 98-0390 `became-law`
+
+## Source
+
+OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/9954ed34-275d-4bc6-b775-4d113a7c60ae`. Confidence: reported (aggregated from official Illinois legislature records).
+