---
type: "Bill"
title: "TRUSTEE-INVEST IN MUTUAL FUND"
description: "TRUSTEE-INVEST IN MUTUAL FUND"
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "90th"
identifier: "HB 1035"
citation: "Illinois HB 1035 (90th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 1
action_count: 25
vote_count: 0
first_action: "1997-02-27T00:00:00-06:00"
last_action: "1997-08-01T00:00:00-05:00"
source: "openstates"
source_identifier: "ocd-bill/51385c69-7cd8-4b90-92ff-27cc052f6226"
source_url: "http://www.ilga.gov/legislation/legisnet90/90gatoc.html"
source_hash: "0f479b83411571c5aa5da6a065aa4a952d2546dfab42541618ca9c46f3ed38e6"
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 1035 (90th) — TRUSTEE-INVEST IN MUTUAL FUND

## Version chain

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

1. **HB1035** (committee substitute) — [source](http://www.ilga.gov/legislation/legisnet90/hbgroups/hb/900HB1035LV.html)

## Sponsors

- BEAUBIEN — cosponsor (person)
- CAPPARELLI — cosponsor (person)
- WALSH,T — cosponsor (person)

## Timeline

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

- **1997-02-27T00:00:00-06:00** FIRST READING `reading-1`
- **1997-02-27T00:00:00-06:00** ADDED AS A JOINT SPONSOR CAPPARELLI
- **1997-02-27T00:00:00-06:00** REFERRED TO HOUSE RULES COMMITTEE RULES `referral-committee`
- **1997-02-28T00:00:00-06:00** ASSIGNED TO COMMITTEE JUD-CIVIL LAW `referral-committee`
- **1997-03-20T00:00:00-06:00** DO PASS/SHORT DEBATE 011-000-000 HJUA
- **1997-03-20T00:00:00-06:00** PLACED CALENDAR 2ND READING-SHORT DEBATE
- **1997-04-08T00:00:00-05:00** SECOND READING-SHORT DEBATE `reading-2`
- **1997-04-08T00:00:00-05:00** PLCD CAL ORDER 3RD READING-SHORT DEBATE
- **1997-04-09T00:00:00-05:00** THIRD READING/SHORT DEBATE/PASSED 116-000-001 `reading-3`
- **1997-04-10T00:00:00-05:00** ARRIVE IN SENATE
- **1997-04-10T00:00:00-05:00** PLACED CALENDAR ORDER OF FIRST READING
- **1997-04-16T00:00:00-05:00** CHIEF SPONSOR WALSH,T
- **1997-04-17T00:00:00-05:00** FIRST READING `reading-1`
- **1997-04-17T00:00:00-05:00** REFERRED TO SENATE RULES COMMITTEE RULES `referral-committee`
- **1997-04-24T00:00:00-05:00** ASSIGNED TO COMMITTEE FIN INST `referral-committee`
- **1997-05-08T00:00:00-05:00** DO PASS 009-000-000 SFIC
- **1997-05-08T00:00:00-05:00** PLACED ON CALENDAR ORDER OF 2ND READING 97-05-09
- **1997-05-12T00:00:00-05:00** SECOND READING `reading-2`
- **1997-05-12T00:00:00-05:00** PLACED ON CALENDAR ORDER OF 3RD READING 97-05-13
- **1997-05-13T00:00:00-05:00** THIRD READING - PASSED 056-000-001 `reading-3`
- **1997-05-13T00:00:00-05:00** PASSED BOTH HOUSES
- **1997-06-11T00:00:00-05:00** SENT TO THE GOVERNOR `executive-receipt`
- **1997-08-01T00:00:00-05:00** GOVERNOR APPROVED `executive-signature`
- **1997-08-01T00:00:00-05:00** EFFECTIVE DATE 97-08-01
- **1997-08-01T00:00:00-05:00** PUBLIC ACT.............................. 90-0297

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/51385c69-7cd8-4b90-92ff-27cc052f6226`. Confidence: reported (aggregated from official Illinois legislature records).