republic-os/legislation/us/states/il/96th/hb-5540.md

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 CODE-BORROWING	Amends the Illinois Municipal Code. In provisions authorizing the corporate authorities of a municipality to borrow money from any bank or other financial institution, adds to the definition of "financial institution" any regional planning commission or joint regional planning commission established in accordance with the Counties Code. Effective immediately.	us/states/il	Illinois General Assembly	96th	HB 5540	Illinois HB 5540 (96th)	bill		enacted		3	25	2	2010-02-08	2010-07-14	openstates	ocd-bill/aa626cc7-a362-4d0d-b5af-6682ba6e25b0	http://ilga.gov/legislation/BillStatus.asp?DocNum=5540&GAID=10&DocTypeID=HB&LegId=50695&SessionID=76&GA=96	6725aa5a830d924e067cbaf084b4e953fcc6b00e1a11037e13355b6e11ac7ee3	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-il

Illinois HB 5540 (96th) — MUNI CODE-BORROWING

Amends the Illinois Municipal Code. In provisions authorizing the corporate authorities of a municipality to borrow money from any bank or other financial institution, adds to the definition of "financial institution" any regional planning commission or joint regional planning commission established in accordance with the Counties Code. 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

• Third Reading — 53–1 (pass) · upper
• Third Reading — 102–2 (pass) · lower

Sponsors

• John D. Cavaletto — primary (person)

Timeline

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

• 2010-02-08 Filed with the Clerk by Rep. John D. Cavaletto filing
• 2010-02-09 First Reading reading-1
• 2010-02-09 Referred to Rules Committee referral-committee
• 2010-02-16 Assigned to Cities & Villages Committee referral-committee
• 2010-03-02 Do Pass / Short Debate Cities & Villages Committee; 010-000-000 committee-passage
• 2010-03-02 Placed on Calendar 2nd Reading - Short Debate
• 2010-03-11 Second Reading - Short Debate reading-2
• 2010-03-11 Placed on Calendar Order of 3rd Reading - Short Debate
• 2010-03-12 Third Reading - Short Debate - Passed 102-002-001 reading-3, passage
• 2010-03-12 Arrive in Senate introduction
• 2010-03-12 Placed on Calendar Order of First Reading March 15, 2010 reading-1
• 2010-03-12 Chief Senate Sponsor Sen. John O. Jones
• 2010-03-15 First Reading reading-1
• 2010-03-15 Referred to Assignments referral-committee
• 2010-04-06 Assigned to Local Government referral-committee
• 2010-04-14 Do Pass Local Government; 005-000-000 committee-passage
• 2010-04-14 Placed on Calendar Order of 2nd Reading April 15, 2010
• 2010-04-21 Second Reading reading-2
• 2010-04-21 Placed on Calendar Order of 3rd Reading April 22, 2010
• 2010-04-27 Third Reading - Passed; 053-001-000 reading-3, passage
• 2010-04-27 Passed Both Houses
• 2010-05-26 Sent to the Governor executive-receipt
• 2010-07-14 Governor Approved executive-signature
• 2010-07-14 Effective Date July 14, 2010
• 2010-07-14 Public Act . . . . . . . . . 96-1047 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/aa626cc7-a362-4d0d-b5af-6682ba6e25b0. Confidence: reported (aggregated from official Illinois legislature records).