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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
Bill TREASURER-DEPOSIT OF ST MONEYS Amends the Deposit of State Moneys Act. Provides requirements and makes changes concerning financial institutions and depositories throughout the Act. Provides that the Act shall govern the deposit of State moneys for all public funds under the custody or control of the State Treasurer. Repeals specified provisions. Amends the Public Funds Investment Act and the Public Funds Deposit Act. Provides that those Acts do not apply to the Illinois State Treasurer, whose investment of State funds shall be governed by the Deposit of State Moneys Act. Defines terms. Makes conforming and other changes. Effective immediately. us/states/il Illinois General Assembly 102nd SB 653 Illinois SB 653 (102nd)
bill
enacted
Kambium Buckner
Robert Peters
4 31 2 2021-02-24 2021-08-06 openstates ocd-bill/55fe7fed-cc13-435d-802b-4ddf9bdf6589 https://ilga.gov/legislation/BillStatus.asp?DocNum=653&GAID=16&DocTypeID=SB&LegId=133253&SessionID=110&GA=102 c407e97413a7fff0bde3eaa85b5c07eb454671119a13d81e59e5bfede7d4ac8e 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-il

Illinois SB 653 (102nd) — TREASURER-DEPOSIT OF ST MONEYS

Amends the Deposit of State Moneys Act. Provides requirements and makes changes concerning financial institutions and depositories throughout the Act. Provides that the Act shall govern the deposit of State moneys for all public funds under the custody or control of the State Treasurer. Repeals specified provisions. Amends the Public Funds Investment Act and the Public Funds Deposit Act. Provides that those Acts do not apply to the Illinois State Treasurer, whose investment of State funds shall be governed by the Deposit of State Moneys Act. Defines terms. Makes conforming and other changes. Effective immediately.

Version chain

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

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Senate Amendment 001 (committee substitute) — source
  4. Enrolled (enrolled) — source

Votes

  • Third Reading — 1160 (pass) · lower
  • Third Reading — 580 (pass) · upper

Sponsors

  • Kambium Buckner — primary (person)
  • Robert Peters — primary (person)
  • Jacqueline Y. Collins — cosponsor (person)

Timeline

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

  • 2021-02-24 Filed with Secretary by Sen. Robert Peters filing
  • 2021-02-24 First Reading reading-1
  • 2021-02-24 Referred to Assignments referral-committee
  • 2021-03-09 Assigned to Financial Institutions referral-committee
  • 2021-03-25 Senate Committee Amendment No. 1 Filed with Secretary by Sen. Robert Peters amendment-introduction
  • 2021-03-25 Senate Committee Amendment No. 1 Referred to Assignments referral-committee
  • 2021-04-07 Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
  • 2021-04-14 Senate Committee Amendment No. 1 Adopted amendment-passage
  • 2021-04-15 Do Pass as Amended Financial Institutions; 008-000-000 committee-passage
  • 2021-04-15 Placed on Calendar Order of 2nd Reading April 20, 2021
  • 2021-04-20 Second Reading reading-2
  • 2021-04-20 Placed on Calendar Order of 3rd Reading ** April 21, 2021
  • 2021-04-21 Added as Co-Sponsor Sen. Jacqueline Y. Collins
  • 2021-04-23 Third Reading - Passed; 058-000-000 passage, reading-3
  • 2021-04-26 Arrived in House introduction
  • 2021-04-26 Chief House Sponsor Rep. Kambium Buckner
  • 2021-04-27 First Reading reading-1
  • 2021-04-27 Referred to Rules Committee referral-committee
  • 2021-05-04 Assigned to State Government Administration Committee referral-committee
  • 2021-05-12 Do Pass / Consent Calendar State Government Administration Committee; 008-000-000 committee-passage
  • 2021-05-13 Placed on Calendar 2nd Reading - Consent Calendar
  • 2021-05-24 Second Reading - Consent Calendar reading-2
  • 2021-05-24 Held on Calendar Order of Second Reading - Consent Calendar reading-2
  • 2021-05-25 Placed on Calendar Order of 3rd Reading - Consent Calendar
  • 2021-05-26 Third Reading - Consent Calendar - First Day reading-3
  • 2021-05-27 Third Reading - Consent Calendar - Passed 116-000-000 passage, reading-3
  • 2021-05-27 Passed Both Houses
  • 2021-06-25 Sent to the Governor executive-receipt
  • 2021-08-06 Governor Approved executive-signature
  • 2021-08-06 Effective Date August 6, 2021
  • 2021-08-06 Public Act . . . . . . . . . 102-0297 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/55fe7fed-cc13-435d-802b-4ddf9bdf6589. Confidence: reported (aggregated from official Illinois legislature records).