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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 MUNI CD-BORROWING Amends the Municipal Code. Provides that the corporate authorities of a municipality may borrow money from any bank or financial institution, provided that the money shall be repaid within 10 years (now, one year) from the time the money is borrowed. Effective immediately. us/states/il Illinois General Assembly 95th SB 689 Illinois SB 689 (95th)
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3 80 4 2007-02-08 2007-11-05 openstates ocd-bill/1cc7f1d3-8665-43f0-a750-c4393d43145b http://ilga.gov/legislation/BillStatus.asp?DocNum=689&GAID=9&DocTypeID=SB&LegId=28561&SessionID=51&GA=95 34b0d81c5040d0f18b75aa735e986671393866cc84f5f0df4c1438c788769f70 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
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us-il

Illinois SB 689 (95th) — MUNI CD-BORROWING

Amends the Municipal Code. Provides that the corporate authorities of a municipality may borrow money from any bank or financial institution, provided that the money shall be repaid within 10 years (now, one year) from the time the money is borrowed. 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. Enrolled (enrolled) — source

Votes

  • Concurrence, Amendment 1 — 540 (pass) · upper
  • Concurrence, Amendment 2 — 540 (pass) · upper
  • Third Reading — 542 (pass) · upper
  • Third Reading — 1001 (pass) · lower

Sponsors

  • Brandon W. Phelps — cosponsor (person)
  • Deanna Demuzio — primary (person)
  • Patrick J Verschoore — cosponsor (person)

Timeline

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

  • 2007-02-08 Filed with Secretary by Sen. Louis S. Viverito filing
  • 2007-02-08 First Reading reading-1
  • 2007-02-08 Referred to Rules referral-committee
  • 2007-02-21 Assigned to Local Government referral-committee
  • 2007-03-06 Added as Chief Co-Sponsor Sen. Pamela J. Althoff
  • 2007-03-07 Postponed - Local Government
  • 2007-03-07 Added as Chief Co-Sponsor Sen. William E. Peterson
  • 2007-03-07 Added as Chief Co-Sponsor Sen. Martin A. Sandoval
  • 2007-03-12 Senate Committee Amendment No. 1 Filed with Secretary by Sen. Louis S. Viverito amendment-introduction
  • 2007-03-12 Senate Committee Amendment No. 1 Referred to Rules referral-committee
  • 2007-03-13 Senate Committee Amendment No. 1 Rules Refers to Local Government
  • 2007-03-13 Senate Committee Amendment No. 1 Adopted amendment-passage
  • 2007-03-14 Do Pass as Amended Local Government; 010-000-000 committee-passage
  • 2007-03-14 Placed on Calendar Order of 2nd Reading March 15, 2007
  • 2007-03-22 Second Reading reading-2
  • 2007-03-22 Placed on Calendar Order of 3rd Reading March 27, 2007
  • 2007-03-29 Third Reading - Passed; 054-002-000 reading-3, passage
  • 2007-03-30 Arrived in House introduction
  • 2007-03-30 Placed on Calendar Order of First Reading reading-1
  • 2007-03-30 Chief House Sponsor Rep. Carolyn H. Krause
  • 2007-04-09 First Reading reading-1
  • 2007-04-09 Referred to Rules Committee referral-committee
  • 2007-04-30 Assigned to Local Government Committee referral-committee
  • 2007-05-10 Do Pass / Short Debate Local Government Committee; 006-000-000 committee-passage
  • 2007-05-10 Placed on Calendar 2nd Reading - Short Debate
  • 2007-05-17 Fiscal Note Requested by Rep. Lou Lang
  • 2007-05-17 State Mandates Fiscal Note Requested by Rep. Lou Lang
  • 2007-05-17 Home Rule Note Requested by Rep. Lou Lang
  • 2007-05-24 Second Reading - Short Debate reading-2
  • 2007-05-24 Held on Calendar Order of Second Reading - Short Debate reading-2
  • 2007-05-24 Added Alternate Chief Co-Sponsor Rep. Mike Fortner
  • 2007-05-24 Fiscal Note Filed
  • 2007-05-24 Home Rule Note Filed
  • 2007-05-24 State Mandates Fiscal Note Filed
  • 2007-05-25 Judicial Note Requested by Rep. Kurt M. Granberg
  • 2007-05-29 Judicial Note Requested - Withdrawn by Rep. Kurt M. Granberg
  • 2007-05-29 House Floor Amendment No. 1 Filed with Clerk by Rep. Brandon W. Phelps amendment-introduction
  • 2007-05-29 House Floor Amendment No. 1 Referred to Rules Committee referral-committee
  • 2007-05-30 House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-001-000 committee-passage-favorable
  • 2007-05-31 Added Alternate Co-Sponsor Rep. Brandon W. Phelps
  • 2007-05-31 Added Alternate Co-Sponsor Rep. Patrick J Verschoore
  • 2007-05-31 Judicial Note Filed
  • 2007-05-31 Final Action Deadline Extended-9(b) June 8, 2007
  • 2007-06-08 Final Action Deadline Extended-9(b) June 15, 2007
  • 2007-06-15 Final Action Deadline Extended-9(b) June 22, 2007
  • 2007-06-22 Final Action Deadline Extended-9(b) June 30, 2007
  • 2007-06-30 Final Action Deadline Extended-9(b) July 31, 2007
  • 2007-07-31 Final Action Deadline Extended-9(b) August 4, 2007
  • 2007-08-03 Added Alternate Chief Co-Sponsor Rep. Gary Hannig
  • 2007-08-03 Added Alternate Chief Co-Sponsor Rep. Raymond Poe
  • 2007-08-03 Added Alternate Chief Co-Sponsor Rep. Rich Brauer
  • 2007-08-03 House Floor Amendment No. 2 Filed with Clerk by Rep. Gary Hannig amendment-introduction
  • 2007-08-03 House Floor Amendment No. 2 Referred to Rules Committee referral-committee
  • 2007-08-04 Final Action Deadline Extended-9(b) August 10, 2007
  • 2007-08-07 House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 004-000-000 committee-passage-favorable
  • 2007-08-07 House Floor Amendment No. 1 Adopted by Voice Vote amendment-passage
  • 2007-08-07 House Floor Amendment No. 2 Adopted by Voice Vote amendment-passage
  • 2007-08-07 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2007-08-07 Third Reading - Short Debate - Passed 100-001-000 reading-3, passage
  • 2007-08-07 Secretary's Desk - Concurrence House Amendment(s) 01,02
  • 2007-08-07 Placed on Calendar Order of Concurrence House Amendment(s) 01,02 - August 8, 2007
  • 2007-08-08 House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Louis S. Viverito filing
  • 2007-08-08 House Floor Amendment No. 1 Motion to Concur Referred to Rules referral-committee
  • 2007-08-08 House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Louis S. Viverito filing
  • 2007-08-08 House Floor Amendment No. 2 Motion to Concur Referred to Rules referral-committee
  • 2007-08-08 House Floor Amendment No. 1 Motion to Concur Rules Referred to State Government and Veterans Affairs referral-committee
  • 2007-08-08 House Floor Amendment No. 2 Motion to Concur Rules Referred to State Government and Veterans Affairs referral-committee
  • 2007-08-08 House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt State Government and Veterans Affairs; 008-000-000
  • 2007-08-08 House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt State Government and Veterans Affairs; 008-000-000
  • 2007-08-08 Added as Chief Co-Sponsor Sen. Larry K. Bomke
  • 2007-08-08 Chief Sponsor Changed to Sen. Deanna Demuzio
  • 2007-08-08 House Floor Amendment No. 1 3/5 Vote Required
  • 2007-08-08 House Floor Amendment No. 1 Senate Concurs 054-000-000
  • 2007-08-08 House Floor Amendment No. 2 3/5 Vote Required
  • 2007-08-08 House Floor Amendment No. 2 Senate Concurs 054-000-000
  • 2007-08-08 Passed Both Houses
  • 2007-09-06 Sent to the Governor executive-receipt
  • 2007-11-05 Governor Approved executive-signature
  • 2007-11-05 Effective Date November 5, 2007
  • 2007-11-05 Public Act . . . . . . . . . 95-0693 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/1cc7f1d3-8665-43f0-a750-c4393d43145b. Confidence: reported (aggregated from official Illinois legislature records).