Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
7.9 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
| type | title | description | jurisdiction | legislature | session | identifier | citation | classification | subjects | status | primary_sponsors | version_count | action_count | vote_count | first_action | last_action | source | source_identifier | source_url | source_hash | vintage | source_snapshot | retrieved_at | confidence | tags | ||||
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| Bill | TREASURER-PERMITTED INVESTMENT | Amends the Deposit of State Moneys Act. Provides that whenever the total amount of vouchers presented to the Comptroller exceeds the funds available in the general funds by $1,000,000,000 or more, the State Treasurer may invest or reinvest any State money in the Treasury which is not needed for current expenditures, or any money in the State Treasury which has been set aside and held for the payment of the principal of and the interest on any State bonds, in qualified account receivables under the Vendor Payment Program established by the Comptroller and the Department of Central Management Services. Provides that the State Treasurer shall be a qualified purchaser under the Vendor Payment Program and shall have priority over any other qualified purchasers when purchasing qualified account receivables. Provides that the interest penalty paid on any funds invested or reinvested by the State Treasurer under specified provisions shall be 0.3% per month or 0.01% per day. | us/states/il | Illinois General Assembly | 100th | SB 2858 | Illinois SB 2858 (100th) |
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enacted | 3 | 55 | 3 | 2018-02-14 | 2018-08-27 | openstates | ocd-bill/e5136f97-a06b-44b8-b141-6e25592697de | http://ilga.gov/legislation/BillStatus.asp?DocNum=2858&GAID=14&DocTypeID=SB&LegId=110035&SessionID=91&GA=100 | f63e8c76c53ec044d9a9e9463e0f06b4190f4d71f5c97ee8e264ef3da536fe68 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Illinois SB 2858 (100th) — TREASURER-PERMITTED INVESTMENT
Amends the Deposit of State Moneys Act. Provides that whenever the total amount of vouchers presented to the Comptroller exceeds the funds available in the general funds by $1,000,000,000 or more, the State Treasurer may invest or reinvest any State money in the Treasury which is not needed for current expenditures, or any money in the State Treasury which has been set aside and held for the payment of the principal of and the interest on any State bonds, in qualified account receivables under the Vendor Payment Program established by the Comptroller and the Department of Central Management Services. Provides that the State Treasurer shall be a qualified purchaser under the Vendor Payment Program and shall have priority over any other qualified purchasers when purchasing qualified account receivables. Provides that the interest penalty paid on any funds invested or reinvested by the State Treasurer under specified provisions shall be 0.3% per month or 0.01% per day.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Votes
- Third Reading — 39–14 (pass) · upper
- Third Reading — 115–0 (pass) · lower
- Concurrence — 49–1 (pass) · upper
Sponsors
- Heather A. Steans — primary (person)
- Nick Sauer — cosponsor (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2018-02-14 Filed with Secretary by Sen. Heather A. Steans
filing - 2018-02-14 First Reading
reading-1 - 2018-02-14 Referred to Assignments
referral-committee - 2018-02-21 Assigned to State Government
referral-committee - 2018-02-28 Added as Chief Co-Sponsor Sen. Patricia Van Pelt
- 2018-03-01 Do Pass State Government; 006-002-000
committee-passage - 2018-03-01 Placed on Calendar Order of 2nd Reading March 13, 2018
- 2018-04-10 Second Reading
reading-2 - 2018-04-10 Placed on Calendar Order of 3rd Reading April 11, 2018
- 2018-04-19 Added as Co-Sponsor Sen. Ira I. Silverstein
- 2018-04-19 Added as Co-Sponsor Sen. Julie A. Morrison
- 2018-04-19 Sponsor Removed Sen. Julie A. Morrison
- 2018-04-20 Added as Chief Co-Sponsor Sen. Thomas Cullerton
- 2018-04-20 Added as Chief Co-Sponsor Sen. Mattie Hunter
- 2018-04-25 Added as Chief Co-Sponsor Sen. Julie A. Morrison
- 2018-04-25 Third Reading - Passed; 039-014-003
reading-3, passage - 2018-04-25 Added as Co-Sponsor Sen. Laura M. Murphy
- 2018-04-25 Arrived in House
introduction - 2018-04-25 Chief House Sponsor Rep. Gregory Harris
- 2018-04-26 First Reading
reading-1 - 2018-04-26 Referred to Rules Committee
referral-committee - 2018-05-14 Assigned to Executive Committee
referral-committee - 2018-05-18 Final Action Deadline Extended-9(b) May 25, 2018
- 2018-05-22 House Committee Amendment No. 1 Filed with Clerk by Rep. Gregory Harris
amendment-introduction - 2018-05-22 House Committee Amendment No. 1 Referred to Rules Committee
referral-committee - 2018-05-23 House Committee Amendment No. 1 Rules Refers to Executive Committee
- 2018-05-24 House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
amendment-passage - 2018-05-24 Do Pass as Amended / Short Debate Executive Committee; 009-002-000
committee-passage - 2018-05-24 Placed on Calendar 2nd Reading - Short Debate
- 2018-05-24 Second Reading - Short Debate
reading-2 - 2018-05-24 Held on Calendar Order of Second Reading - Short Debate
reading-2 - 2018-05-25 Added Alternate Chief Co-Sponsor Rep. Robert W. Pritchard
- 2018-05-25 Added Alternate Chief Co-Sponsor Rep. David Harris
- 2018-05-25 Final Action Deadline Extended-9(b) May 31, 2018
- 2018-05-28 Added Alternate Chief Co-Sponsor Rep. Stephanie A. Kifowit
- 2018-05-29 Added Alternate Chief Co-Sponsor Rep. Mark Batinick
- 2018-05-29 Placed on Calendar Order of 3rd Reading - Short Debate
- 2018-05-29 Removed from Short Debate Status
- 2018-05-29 Placed on Calendar Order of 3rd Reading - Standard Debate
- 2018-05-29 Third Reading - Standard Debate - Passed 115-000-000
reading-3, passage - 2018-05-29 Added Alternate Co-Sponsor Rep. Nick Sauer
- 2018-05-29 Secretary's Desk - Concurrence House Amendment(s) 1
- 2018-05-29 Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 30, 2018
- 2018-05-29 House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Heather A. Steans
filing - 2018-05-29 House Committee Amendment No. 1 Motion to Concur Referred to Assignments
referral-committee - 2018-05-30 House Committee Amendment No. 1 Motion to Concur Assignments Referred to State Government
referral-committee - 2018-05-30 House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt State Government; 006-002-000
- 2018-05-31 House Committee Amendment No. 1 Senate Concurs 049-001-000
- 2018-05-31 Senate Concurs
- 2018-05-31 Passed Both Houses
- 2018-05-31 Added as Co-Sponsor Sen. Elgie R. Sims, Jr.
- 2018-06-29 Sent to the Governor
executive-receipt - 2018-08-27 Governor Approved
executive-signature - 2018-08-27 Effective Date August 27, 2018
- 2018-08-27 Public Act . . . . . . . . . 100-1107
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/e5136f97-a06b-44b8-b141-6e25592697de. Confidence: reported (aggregated from official Illinois legislature records).