---
type: "Bill"
title: "CNTY CD-FUNDS-CREDIT UNIONS"
description: "Amends the Counties Code. Changes numerous Sections to provide that a county may deposit public funds into credit unions (currently, only banks or savings and loan associations). Further provides that county moneys may be invested in dividend-bearing share accounts, share certificate accounts, or class of share accounts of a credit union, provided the accounts of that credit union are insured and the credit union's principal office is located within the State of Illinois. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "97th"
identifier: "HB 2101"
citation: "Illinois HB 2101 (97th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 33
vote_count: 2
first_action: "2011-02-18"
last_action: "2011-07-14"
source: "openstates"
source_identifier: "ocd-bill/855a3d16-22f6-45e0-9049-a2790576cc57"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2101&GAID=11&DocTypeID=HB&LegId=59316&SessionID=84&GA=97"
source_hash: "8247438d92f85e6e671dc75adc3c198b40c422b12cff31374bd54290fdf0c652"
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 2101 (97th) — CNTY CD-FUNDS-CREDIT UNIONS

Amends the Counties Code. Changes numerous Sections to provide that a county may deposit public funds into credit unions (currently, only banks or savings and loan associations). Further provides that county moneys may be invested in dividend-bearing share accounts, share certificate accounts, or class of share accounts of a credit union, provided the accounts of that credit union are insured and the credit union's principal office is located within the State of Illinois. 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=09700HB2101&GA=97&SessionId=84&DocTypeId=HB&LegID=59316&DocNum=2101&GAID=11&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09700HB2101eng&GA=97&SessionId=84&DocTypeId=HB&LegID=59316&DocNum=2101&GAID=11&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09700HB2101enr&GA=97&SessionId=84&DocTypeId=HB&LegID=59316&DocNum=2101&GAID=11&Session=&print=true)

## Votes

- Third Reading — **80–23** (pass) · lower
- Third Reading — **57–0** (pass) · upper

## Sponsors

- Emily McAsey — primary (person)
- Sue Rezin — cosponsor (person)

## Timeline

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

- **2011-02-18** Filed with the Clerk by Rep. Emily McAsey `filing`
- **2011-02-22** First Reading `reading-1`
- **2011-02-22** Referred to Rules Committee `referral-committee`
- **2011-02-24** Assigned to Counties & Townships Committee `referral-committee`
- **2011-03-08** Added Chief Co-Sponsor Rep. Lisa M. Dugan
- **2011-03-09** House Committee Amendment No. 1 Filed with Clerk by Rep. Emily McAsey `amendment-introduction`
- **2011-03-09** House Committee Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2011-03-09** House Committee Amendment No. 1 Rules Refers to Counties & Townships Committee
- **2011-03-10** House Committee Amendment No. 1 Adopted in Counties & Townships Committee; by Voice Vote `amendment-passage`
- **2011-03-10** Do Pass as Amended / Short Debate Counties & Townships Committee; 005-000-000 `committee-passage`
- **2011-03-10** Placed on Calendar 2nd Reading - Short Debate
- **2011-03-15** Added Chief Co-Sponsor Rep. Marlow H. Colvin
- **2011-03-17** Second Reading - Short Debate `reading-2`
- **2011-03-17** Placed on Calendar Order of 3rd Reading - Short Debate
- **2011-04-05** Third Reading - Short Debate - Passed 080-023-000 `reading-3, passage`
- **2011-04-05** Added Co-Sponsor Rep. Karen A. Yarbrough
- **2011-04-06** Arrive in Senate `introduction`
- **2011-04-06** Placed on Calendar Order of First Reading `reading-1`
- **2011-04-06** Chief Senate Sponsor Sen. A. J. Wilhelmi
- **2011-04-06** Added as Alternate Co-Sponsor Sen. Sue Rezin
- **2011-04-07** First Reading `reading-1`
- **2011-04-07** Referred to Assignments `referral-committee`
- **2011-04-27** Assigned to Local Government `referral-committee`
- **2011-05-06** Do Pass Local Government; 008-000-000 `committee-passage`
- **2011-05-06** Placed on Calendar Order of 2nd Reading May 10, 2011
- **2011-05-12** Second Reading `reading-2`
- **2011-05-12** Placed on Calendar Order of 3rd Reading May 13, 2011
- **2011-05-17** Third Reading - Passed; 057-000-000 `reading-3, passage`
- **2011-05-17** Passed Both Houses
- **2011-06-15** Sent to the Governor `executive-receipt`
- **2011-07-14** Governor Approved `executive-signature`
- **2011-07-14** Effective Date July 14, 2011
- **2011-07-14** Public Act . . . . . . . . . 97-0129 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/855a3d16-22f6-45e0-9049-a2790576cc57`. Confidence: reported (aggregated from official Illinois legislature records).