--- type: "Bill" title: "LOC GOV-CONFLICT OF INTEREST" description: "Amends the Public Officer Prohibited Activities Act and the Illinois Municipal Code. Provides that a municipal officer shall not be deemed interested in a company if the officer owns or holds an interest of 1% or less, not in the officer's individual name but through a mutual fund or \"exchange-traded fund\", in a company, that company is involved in the transaction of business with the municipality, and that company's stock is traded on a nationally recognized securities market. Effective immediately." jurisdiction: "us/states/il" legislature: "Illinois General Assembly" session: "96th" identifier: "SB 3313" citation: "Illinois SB 3313 (96th)" classification: ["bill"] subjects: [] status: "enacted" primary_sponsors: [] version_count: 3 action_count: 25 vote_count: 2 first_action: "2010-02-10" last_action: "2010-07-14" source: "openstates" source_identifier: "ocd-bill/649c615b-932d-4c4e-abf9-b73ad821d45c" source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3313&GAID=10&DocTypeID=SB&LegId=51141&SessionID=76&GA=96" source_hash: "fbc980d91779b08d87292782d11e8859aad30ffbf72c014b99eccc5b163f07e5" 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 3313 (96th) — LOC GOV-CONFLICT OF INTEREST Amends the Public Officer Prohibited Activities Act and the Illinois Municipal Code. Provides that a municipal officer shall not be deemed interested in a company if the officer owns or holds an interest of 1% or less, not in the officer's individual name but through a mutual fund or "exchange-traded fund", in a company, that company is involved in the transaction of business with the municipality, and that company's stock is traded on a nationally recognized securities market. 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=09600SB3313&GA=96&SessionId=76&DocTypeId=SB&LegID=51141&DocNum=3313&GAID=10&Session=&print=true) 2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB3313eng&GA=96&SessionId=76&DocTypeId=SB&LegID=51141&DocNum=3313&GAID=10&Session=&print=true) 3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB3313enr&GA=96&SessionId=76&DocTypeId=SB&LegID=51141&DocNum=3313&GAID=10&Session=&print=true) ## Votes - Third Reading — **46–0** (pass) · upper - Third Reading — **84–25** (pass) · lower ## Sponsors - Michael Bond — primary (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2010-02-10** Filed with Secretary by Sen. Michael Bond `filing` - **2010-02-10** First Reading `reading-1` - **2010-02-10** Referred to Assignments `referral-committee` - **2010-02-24** Assigned to Criminal Law `referral-committee` - **2010-03-04** Do Pass Criminal Law; 008-000-000 `committee-passage` - **2010-03-04** Placed on Calendar Order of 2nd Reading March 9, 2010 - **2010-03-12** Second Reading `reading-2` - **2010-03-12** Placed on Calendar Order of 3rd Reading March 15, 2010 - **2010-03-15** Third Reading - Passed; 046-000-000 `reading-3, passage` - **2010-03-15** Arrived in House `introduction` - **2010-03-18** Chief House Sponsor Rep. Daniel V. Beiser - **2010-03-18** Placed on Calendar Order of First Reading `reading-1` - **2010-03-18** First Reading `reading-1` - **2010-03-18** Referred to Rules Committee `referral-committee` - **2010-04-08** Assigned to Cities & Villages Committee `referral-committee` - **2010-04-20** Do Pass / Short Debate Cities & Villages Committee; 007-002-000 `committee-passage` - **2010-04-21** Placed on Calendar 2nd Reading - Short Debate - **2010-04-22** Second Reading - Short Debate `reading-2` - **2010-04-22** Placed on Calendar Order of 3rd Reading - Short Debate - **2010-04-23** Third Reading - Short Debate - Passed 084-025-000 `reading-3, passage` - **2010-04-23** Passed Both Houses - **2010-05-21** Sent to the Governor `executive-receipt` - **2010-07-14** Governor Approved `executive-signature` - **2010-07-14** Effective Date July 14, 2010 - **2010-07-14** Public Act . . . . . . . . . 96-1058 `became-law` ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/649c615b-932d-4c4e-abf9-b73ad821d45c`. Confidence: reported (aggregated from official Illinois legislature records).