---
type: "Bill"
title: "STATE FINANCE-FUND TRANSFERS"
description: "Amends the State Finance Act. Makes a technical change in a Section concerning the Budget Stabilization Fund."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "96th"
identifier: "SB 448"
citation: "Illinois SB 448 (96th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 39
vote_count: 2
first_action: "2009-02-06"
last_action: "2010-07-14"
source: "openstates"
source_identifier: "ocd-bill/acc704a6-3589-453a-ab1b-757ed0f79907"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=448&GAID=10&DocTypeID=SB&LegId=41311&SessionID=76&GA=96"
source_hash: "2d786ee7aebe5f445e5f48dccc6537b8e2bf38928ffc272fc509ec806fa84c9e"
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 448 (96th) — STATE FINANCE-FUND TRANSFERS

Amends the State Finance Act. Makes a technical change in a Section concerning the Budget Stabilization Fund.

## 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=09600SB0448&GA=96&SessionId=76&DocTypeId=SB&LegID=41311&DocNum=448&GAID=10&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB0448eng&GA=96&SessionId=76&DocTypeId=SB&LegID=41311&DocNum=448&GAID=10&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB0448enr&GA=96&SessionId=76&DocTypeId=SB&LegID=41311&DocNum=448&GAID=10&Session=&print=true)

## Votes

- Third Reading — **111–0** (pass) · lower
- Third Reading — **57–0** (pass) · upper

## Sponsors

- John M. Sullivan — primary (person)

## Timeline

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

- **2009-02-06** Filed with Secretary by Sen. John J. Cullerton `filing`
- **2009-02-06** First Reading `reading-1`
- **2009-02-06** Referred to Assignments `referral-committee`
- **2009-03-05** Assigned to Executive `referral-committee`
- **2009-03-12** Do Pass Executive; 012-000-000 `committee-passage`
- **2009-03-12** Placed on Calendar Order of 2nd Reading March 17, 2009
- **2009-04-03** Rule 2-10 Third Reading Deadline Established As April 30, 2009 `reading-3`
- **2009-04-23** Second Reading `reading-2`
- **2009-04-23** Placed on Calendar Order of 3rd Reading April 28, 2009
- **2009-08-15** Pursuant to Senate Rule 3-9(b) / Referred to Assignments `referral-committee`
- **2010-03-15** Chief Sponsor Changed to Sen. John M. Sullivan
- **2010-03-15** Approved for Consideration Assignments
- **2010-03-15** Placed on Calendar Order of 3rd Reading March 16, 2010
- **2010-03-15** Senate Floor Amendment No. 1 Filed with Secretary by Sen. John M. Sullivan `amendment-introduction`
- **2010-03-15** Senate Floor Amendment No. 1 Referred to Assignments `referral-committee`
- **2010-03-16** Senate Floor Amendment No. 1 Assignments Refers to Agriculture and Conservation
- **2010-03-16** Senate Floor Amendment No. 1 Recommend Do Adopt Agriculture and Conservation; 010-000-000
- **2010-03-18** Recalled to Second Reading `reading-2`
- **2010-03-18** Senate Floor Amendment No. 1 Adopted; Sullivan `amendment-passage`
- **2010-03-18** Placed on Calendar Order of 3rd Reading
- **2010-03-18** Third Reading - Passed; 057-000-000 `reading-3, passage`
- **2010-03-18** Arrived in House `introduction`
- **2010-03-18** Chief House Sponsor Rep. Frank J. Mautino
- **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 Executive Committee `referral-committee`
- **2010-04-22** Do Pass / Short Debate Executive Committee; 011-000-000 `committee-passage`
- **2010-04-22** Placed on Calendar 2nd Reading - Short Debate
- **2010-04-23** Second Reading - Short Debate `reading-2`
- **2010-04-23** Placed on Calendar Order of 3rd Reading - Short Debate
- **2010-04-28** Third Reading - Short Debate - Passed 111-000-000 `reading-3, passage`
- **2010-04-28** Passed Both Houses
- **2010-04-28** Added Alternate Chief Co-Sponsor Rep. William B. Black
- **2010-04-28** Added Alternate Chief Co-Sponsor Rep. John E. Bradley
- **2010-05-27** 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 . . . . . . . . . 96-1053 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/acc704a6-3589-453a-ab1b-757ed0f79907`. Confidence: reported (aggregated from official Illinois legislature records).