---
type: "Bill"
title: "BANKS-PUBLIC FUNDS-CONTROL"
description: "BANKS-PUBLIC FUNDS-CONTROL"
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "90th"
identifier: "SB 690"
citation: "Illinois SB 690 (90th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 1
action_count: 42
vote_count: 0
first_action: "1997-02-06T00:00:00-06:00"
last_action: "1997-07-25T00:00:00-05:00"
source: "openstates"
source_identifier: "ocd-bill/8c679bfd-38f2-41d3-b64d-281c5b5acddd"
source_url: "http://www.ilga.gov/legislation/legisnet90/90gatoc.html"
source_hash: "32d99db2becc2d5d8dc5af2908a12faa0a726d3f5d091f7db94b81c69dedb3f4"
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 690 (90th) — BANKS-PUBLIC FUNDS-CONTROL

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **SB0690** (committee substitute) — [source](http://www.ilga.gov/legislation/legisnet90/sbgroups/sb/900SB0690LV.html)

## Sponsors

- DEERING — cosponsor (person)
- JONES — cosponsor (person)
- KUBIK — cosponsor (person)
- PHILIP — cosponsor (person)
- WEAVER,S — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **1997-02-06T00:00:00-06:00** FIRST READING `reading-1`
- **1997-02-06T00:00:00-06:00** REFERRED TO SENATE RULES COMMITTEE RULES `referral-committee`
- **1997-02-19T00:00:00-06:00** ASSIGNED TO COMMITTEE FIN INST `referral-committee`
- **1997-03-06T00:00:00-06:00** DO PASS 007-001-000 SFIC
- **1997-03-06T00:00:00-06:00** PLACED ON CALENDAR ORDER OF 2ND READING 97-03-11
- **1997-03-11T00:00:00-06:00** SECOND READING `reading-2`
- **1997-03-11T00:00:00-06:00** PLACED ON CALENDAR ORDER OF 3RD READING 97-03-12
- **1997-03-14T00:00:00-06:00** FILED WITH SECRETARY `introduction`
- **1997-03-14T00:00:00-06:00** AMENDMENT NO. 01-WEAVER,S
- **1997-03-14T00:00:00-06:00** AMENDMENT REFERRED TO SRUL
- **1997-03-14T00:00:00-06:00** AMENDMENT NO. 01-WEAVER,S
- **1997-03-14T00:00:00-06:00** RULES REFERS TO SFIC
- **1997-03-18T00:00:00-06:00** AMENDMENT NO. 01-WEAVER,S
- **1997-03-18T00:00:00-06:00** BE ADOPTED SFIC/008-000-000
- **1997-03-18T00:00:00-06:00** RECALLED TO SECOND READING
- **1997-03-18T00:00:00-06:00** AMENDMENT NO. 01-WEAVER,S
- **1997-03-18T00:00:00-06:00** ADOPTED `passage`
- **1997-03-18T00:00:00-06:00** PLACED ON CALENDAR ORDER OF 3RD READING 97-03-19
- **1997-03-19T00:00:00-06:00** THIRD READING - PASSED 054-000-001 `reading-3`
- **1997-03-19T00:00:00-06:00** ARRIVE IN HOUSE
- **1997-03-19T00:00:00-06:00** PLACED CALENDAR ORDER OF FIRST READING
- **1997-03-21T00:00:00-06:00** HOUSE SPONSOR KUBIK
- **1997-03-21T00:00:00-06:00** FIRST READING `reading-1`
- **1997-03-21T00:00:00-06:00** REFERRED TO HOUSE RULES COMMITTEE RULES `referral-committee`
- **1997-04-08T00:00:00-05:00** ASSIGNED TO COMMITTEE FIN INSTIT `referral-committee`
- **1997-04-30T00:00:00-05:00** DO PASS/SHORT DEBATE 025-000-000 HFIN
- **1997-04-30T00:00:00-05:00** PLACED CALENDAR 2ND READING-SHORT DEBATE
- **1997-05-01T00:00:00-05:00** SECOND READING-SHORT DEBATE `reading-2`
- **1997-05-01T00:00:00-05:00** FISCAL NOTE REQUESTED DEERING
- **1997-05-01T00:00:00-05:00** STATE MANDATES FISCAL NOTE REQUESTED DEERING
- **1997-05-01T00:00:00-05:00** HELD ON CAL ORDER 2ND RDG - SHORT DEBATE
- **1997-05-07T00:00:00-05:00** FISCAL NOTE FILED AS AMEND. BY SA 1
- **1997-05-07T00:00:00-05:00** HELD ON CAL ORDER 2ND RDG - SHORT DEBATE
- **1997-05-09T00:00:00-05:00** STATE MANDATES FISCAL NOTE REQST-WITHDRN DEERING
- **1997-05-09T00:00:00-05:00** PLCD CAL ORDER 3RD READING-SHORT DEBATE
- **1997-05-09T00:00:00-05:00** ADDED AS A JOINT SPONSOR DEERING
- **1997-05-12T00:00:00-05:00** THIRD READING/SHORT DEBATE/PASSED 113-000-004 `reading-3`
- **1997-05-12T00:00:00-05:00** PASSED BOTH HOUSES
- **1997-06-10T00:00:00-05:00** SENT TO THE GOVERNOR `executive-receipt`
- **1997-07-25T00:00:00-05:00** GOVERNOR APPROVED `executive-signature`
- **1997-07-25T00:00:00-05:00** EFFECTIVE DATE 97-07-25
- **1997-07-25T00:00:00-05:00** PUBLIC ACT.............................. 90-0226

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/8c679bfd-38f2-41d3-b64d-281c5b5acddd`. Confidence: reported (aggregated from official Illinois legislature records).