Fabio
5.3 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 | MUNICIPALITY-BOND INVESTMENT | Amends the Public Funds Investment Act and the Investment of Municipal Funds Act. Provides that a county, park district, sanitary district, or other municipal corporation may, by resolution or by ordinance (now, by ordinance only) use money in specified funds to purchase bonds and other interest bearing obligations of states other than the State of Illinois or of any political subdivision or agency of the State of Illinois or of any other state, whether the interest earned thereon is taxable or tax-exempt under federal law (now, the funds can only be used to purchase only certain municipal bonds or bonds and other interest bearing obligations of the United States and the State of Illinois). Effective immediately. | us/states/il | Illinois General Assembly | 93rd | HB 273 | Illinois HB 273 (93rd) |
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enacted | 3 | 29 | 2 | 2003-01-23 | 2003-07-24 | openstates | ocd-bill/23fffcb8-e3e2-4145-89c6-c3dfa7838395 | http://ilga.gov/legislation/BillStatus.asp?DocNum=273&GAID=3&DocTypeID=HB&LegId=598&SessionID=3&GA=93 | 6e8e625ae16688666c4d0a457d796c70cf6705f5b50466cfa4ce9f3a5416e2e2 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Illinois HB 273 (93rd) — MUNICIPALITY-BOND INVESTMENT
Amends the Public Funds Investment Act and the Investment of Municipal Funds Act. Provides that a county, park district, sanitary district, or other municipal corporation may, by resolution or by ordinance (now, by ordinance only) use money in specified funds to purchase bonds and other interest bearing obligations of states other than the State of Illinois or of any political subdivision or agency of the State of Illinois or of any other state, whether the interest earned thereon is taxable or tax-exempt under federal law (now, the funds can only be used to purchase only certain municipal bonds or bonds and other interest bearing obligations of the United States and the State of Illinois). Effective immediately.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Votes
- Third Reading — 35–21 (pass) · upper
- Third Reading — 104–0 (pass) · lower
Sponsors
- Bill Brady — cosponsor (person)
- Dan Brady — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2003-01-23 Filed with the Clerk by Rep. Dan Brady
filing - 2003-01-23 First Reading
reading-1 - 2003-01-23 Referred to Rules Committee
referral-committee - 2003-01-29 Assigned to Local Government Committee
referral-committee - 2003-02-06 Do Pass / Short Debate Local Government Committee; 022-000-000
committee-passage - 2003-02-06 Placed on Calendar 2nd Reading - Short Debate
- 2003-02-06 Added Co-Sponsor Rep. Michael K. Smith
- 2003-02-06 Added Chief Co-Sponsor Rep. Sidney H. Mathias
- 2003-02-19 Second Reading - Short Debate
reading-2 - 2003-02-19 Placed on Calendar Order of 3rd Reading - Short Debate
- 2003-02-20 Added Chief Co-Sponsor Rep. Frank J. Mautino
- 2003-02-21 Third Reading - Short Debate - Passed 104-000-000
reading-3, passage - 2003-02-26 Arrive in Senate
introduction - 2003-02-26 Placed on Calendar Order of First Reading
reading-1 - 2003-02-26 Chief Senate Sponsor Sen. Terry Link
- 2003-02-26 First Reading
reading-1 - 2003-02-26 Referred to Rules
referral-committee - 2003-04-10 Assigned to Local Government
referral-committee - 2003-04-30 Do Pass Local Government; 006-004-000
committee-passage - 2003-04-30 Placed on Calendar Order of 2nd Reading May 1, 2003
- 2003-05-06 Second Reading
reading-2 - 2003-05-06 Placed on Calendar Order of 3rd Reading May 7, 2003
- 2003-05-06 Added as Alternate Co-Sponsor Sen. Bill Brady
- 2003-05-09 Third Reading - Passed; 035-021-001
reading-3, passage - 2003-05-09 Passed Both Houses
- 2003-06-06 Sent to the Governor
executive-receipt - 2003-07-24 Governor Approved
executive-signature - 2003-07-24 Effective Date July 24, 2003
- 2003-07-24 Public Act . . . . . . . . . 93-0360
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/23fffcb8-e3e2-4145-89c6-c3dfa7838395. Confidence: reported (aggregated from official Illinois legislature records).