---
type: "Bill"
title: "SOS SECURITIES"
description: "SOS SECURITIES"
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "92nd"
identifier: "SB 575"
citation: "Illinois SB 575 (92nd)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 1
action_count: 34
vote_count: 0
first_action: "2001-02-21T00:00:00-06:00"
last_action: "2001-08-09T00:00:00-05:00"
source: "openstates"
source_identifier: "ocd-bill/c5aa1b93-4f2b-48d0-a379-a1d258be5e37"
source_url: "http://www.ilga.gov/legislation/legisnet92/92gatoc.html"
source_hash: "faea0fed47eb73859de5f26f0b83abc11ac3d778b07f8ce423192c0307ee219c"
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 575 (92nd) — SOS SECURITIES

## Version chain

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

1. **SB0575** (committee substitute) — [source](http://www.ilga.gov/legislation/legisnet92/sbgroups/sb/920SB0575LV.html)

## Sponsors

- LYONS,JOSEPH — cosponsor (person)
- O'MALLEY — cosponsor (person)
- WELCH — cosponsor (person)

## Timeline

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

- **2001-02-21T00:00:00-06:00** FIRST READING `reading-1`
- **2001-02-21T00:00:00-06:00** REFERRED TO SENATE RULES COMMITTEE RULES `referral-committee`
- **2001-02-28T00:00:00-06:00** ASSIGNED TO COMMITTEE FIN INST `referral-committee`
- **2001-03-06T00:00:00-06:00** ADDED AS A CHIEF CO-SPONSOR O'MALLEY
- **2001-03-08T00:00:00-06:00** DO PASS 007-000-000 SFIC
- **2001-03-08T00:00:00-06:00** PLACED ON CALENDAR ORDER OF 2ND READING 01-03-20
- **2001-03-20T00:00:00-06:00** SECOND READING `reading-2`
- **2001-03-20T00:00:00-06:00** PLACED ON CALENDAR ORDER OF 3RD READING 01-03-21
- **2001-03-27T00:00:00-06:00** FILED WITH SECRETARY `introduction`
- **2001-03-27T00:00:00-06:00** AMENDMENT NO. 01-WELCH
- **2001-03-27T00:00:00-06:00** AMENDMENT REFERRED TO SRUL
- **2001-03-29T00:00:00-06:00** AMENDMENT NO. 01-WELCH
- **2001-03-29T00:00:00-06:00** BE APPROVED FOR CONSIDERATION SRUL
- **2001-03-29T00:00:00-06:00** RECALLED TO SECOND READING
- **2001-03-29T00:00:00-06:00** AMENDMENT NO. 01-WELCH
- **2001-03-29T00:00:00-06:00** ADOPTED `passage`
- **2001-03-29T00:00:00-06:00** PLACED ON CALENDAR ORDER OF 3RD READING 01-03-30
- **2001-03-30T00:00:00-06:00** THIRD READING - PASSED 054-000-000 `reading-3`
- **2001-03-30T00:00:00-06:00** ARRIVE IN HOUSE
- **2001-03-30T00:00:00-06:00** PLACED CALENDAR ORDER OF FIRST READING
- **2001-04-05T00:00:00-05:00** HOUSE SPONSOR LYONS,JOSEPH
- **2001-04-05T00:00:00-05:00** FIRST READING `reading-1`
- **2001-04-05T00:00:00-05:00** REFERRED TO HOUSE RULES COMMITTEE RULES `referral-committee`
- **2001-04-18T00:00:00-05:00** ASSIGNED TO COMMITTEE FIN INSTIT `referral-committee`
- **2001-05-02T00:00:00-05:00** DO PASS/SHORT DEBATE 019-001-000 HFIN
- **2001-05-02T00:00:00-05:00** PLACED CALENDAR 2ND READING-SHORT DEBATE
- **2001-05-03T00:00:00-05:00** SECOND READING-SHORT DEBATE `reading-2`
- **2001-05-03T00:00:00-05:00** PLCD CAL ORDER 3RD READING-SHORT DEBATE
- **2001-05-16T00:00:00-05:00** THIRD READING/SHORT DEBATE/PASSED 113-002-000 `reading-3`
- **2001-05-16T00:00:00-05:00** PASSED BOTH HOUSES
- **2001-06-14T00:00:00-05:00** SENT TO THE GOVERNOR `executive-receipt`
- **2001-08-09T00:00:00-05:00** GOVERNOR APPROVED `executive-signature`
- **2001-08-09T00:00:00-05:00** EFFECTIVE DATE 02-01-01
- **2001-08-09T00:00:00-05:00** PUBLIC ACT.............................. 92-0308

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/c5aa1b93-4f2b-48d0-a379-a1d258be5e37`. Confidence: reported (aggregated from official Illinois legislature records).