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---
type: "Bill"
title: "LIBRARY-BOND PERCENTAGE"
description: "Amends the Illinois Local Library Act. Provides that the bond of a library treasurer or custodian of the moneys paid over to a library board shall not be less than 10% (rather than 50%) of the total funds received by the library in the last fiscal year or the treasurer or custodian of the moneys paid over to a library board may provide insurance coverage for negligent and intentional acts by library officials and employees that could result in the loss of library funds in an amount at least equal to 10% (rather than 50%) of the average amount of the library's operating fund from the prior 3 fiscal years. Makes similar changes in the Illinois Library System Act and the Public Library District Act of 1991 relating to treasurer bonds. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "103rd"
identifier: "SB 3563"
citation: "Illinois SB 3563 (103rd)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["John F. Curran", "Lance Yednock"]
version_count: 4
action_count: 48
vote_count: 6
first_action: "2024-02-09"
last_action: "2024-08-09"
source: "openstates"
source_identifier: "ocd-bill/002fff54-8c4c-46da-93c8-710d30c2a697"
source_url: "https://beta.ilga.gov/Legislation/BillStatus?DocNum=3563&GAID=17&DocTypeID=SB&LegId=153301&SessionID=112"
source_hash: "be048ea18237d3c67f75409814922f786be02fef875d0f478dc9f23937d1c545"
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 3563 (103rd) — LIBRARY-BOND PERCENTAGE
Amends the Illinois Local Library Act. Provides that the bond of a library treasurer or custodian of the moneys paid over to a library board shall not be less than 10% (rather than 50%) of the total funds received by the library in the last fiscal year or the treasurer or custodian of the moneys paid over to a library board may provide insurance coverage for negligent and intentional acts by library officials and employees that could result in the loss of library funds in an amount at least equal to 10% (rather than 50%) of the average amount of the library's operating fund from the prior 3 fiscal years. Makes similar changes in the Illinois Library System Act and the Public Library District Act of 1991 relating to treasurer bonds. Effective immediately.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](https://beta.ilga.gov/documents/legislation/103/SB/PDF/10300SB3563.pdf)
2. **Engrossed** (committee substitute) — [source](https://beta.ilga.gov/documents/legislation/103/SB/PDF/10300SB3563eng.pdf)
3. **House Amendment 001** (committee substitute) — [source](https://beta.ilga.gov/documents/legislation/103/SB/PDF/10300SB3563ham001.pdf)
4. **Enrolled** (enrolled) — [source](https://beta.ilga.gov/documents/legislation/103/SB/PDF/10300SB3563enr.pdf)
## Votes
- Concurrence, Amendment 1 — **513** (pass) · lower
- Revenue & Finance — **190** (pass) · lower
- Third Reading — **9211** (pass) · lower
- Local Government — **90** (pass) · lower
- Third Reading — **590** (pass) · lower
- Revenue & Finance, Amendment 1 — **190** (pass) · lower
## Sponsors
- John F. Curran — primary (person)
- Lance Yednock — primary (person)
- Laura Faver Dias — cosponsor (person)
- Laura M. Murphy — cosponsor (person)
- Linda Holmes — cosponsor (person)
- Mary Edly-Allen — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2024-02-09** Filed with Secretary by Sen. Erica Harriss `filing`
- **2024-02-09** First Reading `reading-1`
- **2024-02-09** Referred to Assignments
- **2024-02-20** Assigned to Local Government `referral-committee`
- **2024-03-06** Added as Chief Co-Sponsor Sen. Linda Holmes
- **2024-03-07** Do Pass Local Government; 009-000-000
- **2024-03-07** Placed on Calendar Order of 2nd Reading March 12, 2024 `reading-2`
- **2024-03-14** Second Reading `reading-2`
- **2024-03-14** Placed on Calendar Order of 3rd Reading March 20, 2024
- **2024-04-10** Placed on Calendar Order of 3rd Reading **
- **2024-04-10** Added as Co-Sponsor Sen. Laura M. Murphy
- **2024-04-11** Added as Co-Sponsor Sen. Mary Edly-Allen
- **2024-04-12** Third Reading - Passed; 059-000-000 `passage, reading-3`
- **2024-04-12** Arrived in House `introduction`
- **2024-04-15** Chief House Sponsor Rep. Jenn Ladisch Douglass
- **2024-04-15** First Reading `reading-1`
- **2024-04-15** Referred to Rules Committee
- **2024-04-24** Assigned to Revenue & Finance Committee `referral-committee`
- **2024-04-29** Added Alternate Chief Co-Sponsor Rep. Laura Faver Dias
- **2024-05-03** Committee/Final Action Deadline Extended-9(b) May 24, 2024
- **2024-05-15** Motion Filed to Suspend Rule 21 Revenue & Finance Committee; Rep. Kam Buckner
- **2024-05-15** Motion to Suspend Rule 21 - Prevailed by Voice Vote
- **2024-05-16** Do Pass / Short Debate Revenue & Finance Committee; 019-000-000
- **2024-05-16** Placed on Calendar 2nd Reading - Short Debate `reading-2`
- **2024-05-16** Second Reading - Short Debate `reading-2`
- **2024-05-16** Held on Calendar Order of Second Reading - Short Debate `reading-2`
- **2024-05-24** Alternate Chief Sponsor Changed to Rep. Lance Yednock
- **2024-05-24** Third Reading/Final Action Deadline Extended-9(b) May 27, 2024
- **2024-05-25** House Floor Amendment No. 1 Filed with Clerk by Rep. Lance Yednock `amendment-introduction`
- **2024-05-25** House Floor Amendment No. 1 Referred to Rules Committee
- **2024-05-25** House Floor Amendment No. 1 Rules Refers to Revenue & Finance Committee
- **2024-05-25** House Floor Amendment No. 1 Recommends Be Adopted Revenue & Finance Committee; 019-000-000 `committee-passage-favorable`
- **2024-05-25** House Floor Amendment No. 1 Adopted `amendment-passage`
- **2024-05-25** Placed on Calendar Order of 3rd Reading - Short Debate
- **2024-05-25** Third Reading - Short Debate - Passed 092-011-000 `passage, reading-3`
- **2024-05-25** Chief Sponsor Changed to Sen. John F. Curran
- **2024-05-25** Secretary's Desk - Concurrence House Amendment(s) 1
- **2024-05-25** Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 25, 2024
- **2024-05-26** House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. John F. Curran `filing`
- **2024-05-26** House Floor Amendment No. 1 Motion to Concur Referred to Assignments
- **2024-05-26** House Floor Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments
- **2024-05-26** House Floor Amendment No. 1 Senate Concurs 051-003-001
- **2024-05-26** Senate Concurs
- **2024-05-26** Passed Both Houses
- **2024-06-24** Sent to the Governor `executive-receipt`
- **2024-08-09** Governor Approved `executive-signature`
- **2024-08-09** Effective Date August 9, 2024
- **2024-08-09** Public Act . . . . . . . . . 103-1016 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/002fff54-8c4c-46da-93c8-710d30c2a697`. Confidence: reported (aggregated from official Illinois legislature records).