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---
type: "Bill"
title: "STATE MONEYS-GOVMT SECURITIES"
description: "Amends the Deposit of State Moneys Act. Authorizes investment in repurchase agreements of government securities having the meaning set out in the Government Securities Act of 1986,\"as now or hereafter amended or succeeded\". Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "96th"
identifier: "SB 51"
citation: "Illinois SB 51 (96th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 130
vote_count: 6
first_action: "2009-01-30"
last_action: "2009-11-03"
source: "openstates"
source_identifier: "ocd-bill/a6a7730e-fe0c-46bd-b808-881b502bf573"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=51&GAID=10&DocTypeID=SB&LegId=40289&SessionID=76&GA=96"
source_hash: "b2f2ae5e03f780b92ee6bfc582284a416ff0a9c2b666f48fdb92c4234d2e1f99"
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 51 (96th) — STATE MONEYS-GOVMT SECURITIES
Amends the Deposit of State Moneys Act. Authorizes investment in repurchase agreements of government securities having the meaning set out in the Government Securities Act of 1986,"as now or hereafter amended or succeeded". Effective immediately.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB0051&GA=96&SessionId=76&DocTypeId=SB&LegID=40289&DocNum=51&GAID=10&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB0051eng&GA=96&SessionId=76&DocTypeId=SB&LegID=40289&DocNum=51&GAID=10&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB0051enr&GA=96&SessionId=76&DocTypeId=SB&LegID=40289&DocNum=51&GAID=10&Session=&print=true)
## Votes
- Concurrence, Amendment 2 — **580** (pass) · upper
- Third Reading — **580** (pass) · upper
- Motion — **520** (pass) · upper
- Third Reading — **1180** (pass) · lower
- Motion — **1150** (fail) · lower
- Concurrence, Amendment 1 — **580** (pass) · upper
## Sponsors
- Bill Mitchell — cosponsor (person)
- Careen M. Gordon — cosponsor (person)
- Cynthia Soto — cosponsor (person)
- Dan Brady — cosponsor (person)
- Daniel V. Beiser — cosponsor (person)
- Darlene J. Senger — cosponsor (person)
- David Reis — cosponsor (person)
- Dennis M. Reboletti — cosponsor (person)
- Donald L. Moffitt — cosponsor (person)
- Edward J. Acevedo — cosponsor (person)
- Elaine Nekritz — cosponsor (person)
- Elizabeth Coulson — cosponsor (person)
- Emily McAsey — cosponsor (person)
- Franco Coladipietro — cosponsor (person)
- Fred Crespo — cosponsor (person)
- Jack D. Franks — cosponsor (person)
- Jeffrey M. Schoenberg — primary (person)
- Jehan A. Gordon — cosponsor (person)
- Jil Tracy — cosponsor (person)
- JoAnn D. Osmond — cosponsor (person)
- John E. Bradley — cosponsor (person)
- Julie Hamos — cosponsor (person)
- Karen May — cosponsor (person)
- Kay Hatcher — cosponsor (person)
- Keith Farnham — cosponsor (person)
- Kenneth Dunkin — cosponsor (person)
- LaShawn K. Ford — cosponsor (person)
- Linda Chapa LaVia — cosponsor (person)
- Lisa M. Dugan — cosponsor (person)
- Mark L. Walker — cosponsor (person)
- Michael G. Connelly — cosponsor (person)
- Michael P. McAuliffe — cosponsor (person)
- Mike Fortner — cosponsor (person)
- Monique D. Davis — cosponsor (person)
- Patricia R. Bellock — cosponsor (person)
- Paul D. Froehlich — cosponsor (person)
- Randy Ramey, Jr. — cosponsor (person)
- Raymond Poe — cosponsor (person)
- Renée Kosel — cosponsor (person)
- Rich Brauer — cosponsor (person)
- Robert F. Flider — cosponsor (person)
- Robert W. Pritchard — cosponsor (person)
- Ron Stephens — cosponsor (person)
- Ronald A. Wait — cosponsor (person)
- Sandra M. Pihos — cosponsor (person)
- Sandy Cole — cosponsor (person)
- Sara Feigenholtz — cosponsor (person)
- Sidney H. Mathias — cosponsor (person)
- Suzanne Bassi — cosponsor (person)
- Thomas Holbrook — cosponsor (person)
- William B. Black — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2009-01-30** Filed with Secretary by Sen. Jacqueline Y. Collins `filing`
- **2009-01-30** First Reading `reading-1`
- **2009-01-30** Referred to Assignments `referral-committee`
- **2009-02-04** Assigned to Revenue `referral-committee`
- **2009-02-18** Do Pass Revenue; 008-000-000 `committee-passage`
- **2009-02-18** Placed on Calendar Order of 2nd Reading February 19, 2009
- **2009-02-27** Second Reading `reading-2`
- **2009-02-27** Placed on Calendar Order of 3rd Reading March 4, 2009
- **2009-03-25** Added as Co-Sponsor Sen. Martin A. Sandoval
- **2009-03-25** Third Reading - Passed; 058-000-000 `reading-3, passage`
- **2009-03-25** Arrived in House `introduction`
- **2009-03-25** Placed on Calendar Order of First Reading `reading-1`
- **2009-03-25** Chief House Sponsor Rep. Al Riley
- **2009-03-25** First Reading `reading-1`
- **2009-03-25** Referred to Rules Committee `referral-committee`
- **2009-04-14** Assigned to State Government Administration Committee `referral-committee`
- **2009-04-22** Do Pass / Short Debate State Government Administration Committee; 016-000-000 `committee-passage`
- **2009-04-22** Placed on Calendar 2nd Reading - Short Debate
- **2009-04-23** Second Reading - Short Debate `reading-2`
- **2009-04-23** Placed on Calendar Order of 3rd Reading - Short Debate
- **2009-04-28** Added Alternate Co-Sponsor Rep. Monique D. Davis
- **2009-05-18** Alternate Chief Sponsor Changed to Rep. Michael J. Madigan
- **2009-05-18** Added Alternate Chief Co-Sponsor Rep. Al Riley
- **2009-05-20** House Floor Amendment No. 1 Filed with Clerk by Rep. Michael J. Madigan `amendment-introduction`
- **2009-05-20** House Floor Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2009-05-20** House Floor Amendment No. 1 Rules Refers to Executive Committee
- **2009-05-20** House Floor Amendment No. 2 Filed with Clerk by Rep. Michael J. Madigan `amendment-introduction`
- **2009-05-20** House Floor Amendment No. 2 Referred to Rules Committee `referral-committee`
- **2009-05-20** House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 004-000-000 `committee-passage-favorable`
- **2009-05-20** House Floor Amendment No. 1 Recommends Be Adopted Executive Committee; 011-000-000 `committee-passage-favorable`
- **2009-05-20** Added Alternate Chief Co-Sponsor Rep. John A. Fritchey
- **2009-05-21** Added Alternate Co-Sponsor Rep. Mark L. Walker
- **2009-05-21** Added Alternate Co-Sponsor Rep. Emily McAsey
- **2009-05-21** Added Alternate Co-Sponsor Rep. Keith Farnham
- **2009-05-21** Added Alternate Co-Sponsor Rep. Jehan A. Gordon
- **2009-05-21** Added Alternate Co-Sponsor Rep. Fred Crespo
- **2009-05-21** Added Alternate Co-Sponsor Rep. Robert F. Flider
- **2009-05-21** Added Alternate Co-Sponsor Rep. Paul D. Froehlich
- **2009-05-21** Added Alternate Co-Sponsor Rep. Karen May
- **2009-05-21** Added Alternate Co-Sponsor Rep. Julie Hamos
- **2009-05-21** Added Alternate Co-Sponsor Rep. Elaine Nekritz
- **2009-05-21** Recalled to Second Reading - Short Debate `reading-2`
- **2009-05-21** House Floor Amendment No. 1 Adopted by Voice Vote `amendment-passage`
- **2009-05-21** House Floor Amendment No. 2 Adopted by Voice Vote `amendment-passage`
- **2009-05-21** Placed on Calendar Order of 3rd Reading - Short Debate
- **2009-05-21** Third Reading - Short Debate - Passed 118-000-000 `reading-3, passage`
- **2009-05-21** Added Alternate Co-Sponsor Rep. Elizabeth Coulson
- **2009-05-21** Added Alternate Co-Sponsor Rep. Sandy Cole
- **2009-05-21** Added Alternate Co-Sponsor Rep. Cynthia Soto
- **2009-05-21** Added Alternate Co-Sponsor Rep. LaShawn K. Ford
- **2009-05-21** Added Alternate Co-Sponsor Rep. Kenneth Dunkin
- **2009-05-21** Secretary's Desk - Concurrence House Amendment(s) 1, 2
- **2009-05-21** Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 22, 2009
- **2009-05-21** Added Alternate Co-Sponsor Rep. John E. Bradley
- **2009-05-21** Added Alternate Co-Sponsor Rep. Sara Feigenholtz
- **2009-05-21** Added Alternate Co-Sponsor Rep. Daniel V. Beiser
- **2009-05-21** Added Alternate Co-Sponsor Rep. Suzanne Bassi
- **2009-05-21** Added Alternate Co-Sponsor Rep. Michael P. McAuliffe
- **2009-05-21** Added Alternate Co-Sponsor Rep. Jil Tracy
- **2009-05-21** Added Alternate Co-Sponsor Rep. Renée Kosel
- **2009-05-21** Added Alternate Co-Sponsor Rep. Dan Brady
- **2009-05-21** Added Alternate Co-Sponsor Rep. JoAnn D. Osmond
- **2009-05-21** Added Alternate Co-Sponsor Rep. Robert W. Pritchard
- **2009-05-21** Added Alternate Co-Sponsor Rep. Bill Mitchell
- **2009-05-21** Added Alternate Co-Sponsor Rep. David Reis
- **2009-05-21** Added Alternate Co-Sponsor Rep. Franco Coladipietro
- **2009-05-21** Added Alternate Co-Sponsor Rep. Randy Ramey, Jr.
- **2009-05-21** Added Alternate Co-Sponsor Rep. William B. Black
- **2009-05-21** Added Alternate Co-Sponsor Rep. Patricia R. Bellock
- **2009-05-21** Added Alternate Co-Sponsor Rep. Ronald A. Wait
- **2009-05-21** Added Alternate Co-Sponsor Rep. Darlene J. Senger
- **2009-05-21** Added Alternate Co-Sponsor Rep. Kay Hatcher
- **2009-05-21** Added Alternate Co-Sponsor Rep. Sidney H. Mathias
- **2009-05-21** Added Alternate Co-Sponsor Rep. Donald L. Moffitt
- **2009-05-21** Added Alternate Co-Sponsor Rep. Michael G. Connelly
- **2009-05-21** Added Alternate Co-Sponsor Rep. Mike Fortner
- **2009-05-21** Added Alternate Co-Sponsor Rep. Dennis M. Reboletti
- **2009-05-21** Added Alternate Co-Sponsor Rep. Ron Stephens
- **2009-05-21** Added Alternate Co-Sponsor Rep. Raymond Poe
- **2009-05-21** Added Alternate Co-Sponsor Rep. Rich Brauer
- **2009-05-21** Added Alternate Co-Sponsor Rep. Sandra M. Pihos
- **2009-05-21** Added Alternate Chief Co-Sponsor Rep. David E. Miller
- **2009-05-21** Added Alternate Chief Co-Sponsor Rep. Karen A. Yarbrough
- **2009-05-21** Added Alternate Co-Sponsor Rep. Thomas Holbrook
- **2009-05-21** Added Alternate Co-Sponsor Rep. Jack D. Franks
- **2009-05-21** Added Alternate Co-Sponsor Rep. Linda Chapa LaVia
- **2009-05-21** House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Jacqueline Y. Collins `filing`
- **2009-05-21** House Floor Amendment No. 1 Motion to Concur Referred to Assignments `referral-committee`
- **2009-05-21** House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Jacqueline Y. Collins `filing`
- **2009-05-21** House Floor Amendment No. 2 Motion to Concur Referred to Assignments `referral-committee`
- **2009-05-21** Added Alternate Co-Sponsor Rep. Edward J. Acevedo
- **2009-05-21** Added Alternate Co-Sponsor Rep. Careen M. Gordon
- **2009-05-22** Chief Sponsor Changed to Sen. Jeffrey M. Schoenberg
- **2009-05-22** House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Jeffrey M. Schoenberg `filing`
- **2009-05-22** House Floor Amendment No. 1 Motion to Concur Referred to Assignments `referral-committee`
- **2009-05-22** House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Jeffrey M. Schoenberg `filing`
- **2009-05-22** House Floor Amendment No. 2 Motion to Concur Referred to Assignments `referral-committee`
- **2009-05-22** House Floor Amendment No. 1 Motion to Concur Assignments Referred to Executive `referral-committee`
- **2009-05-22** House Floor Amendment No. 2 Motion to Concur Assignments Referred to Executive `referral-committee`
- **2009-05-22** House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 010-000-000
- **2009-05-22** House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Executive; 010-000-000
- **2009-05-22** Added as Chief Co-Sponsor Sen. Susan Garrett
- **2009-05-22** Added as Chief Co-Sponsor Sen. Christine Radogno
- **2009-05-22** Added as Co-Sponsor Sen. Jacqueline Y. Collins
- **2009-05-22** Added as Co-Sponsor Sen. Michael W. Frerichs
- **2009-05-22** Added as Co-Sponsor Sen. Heather Steans
- **2009-05-22** Added as Co-Sponsor Sen. Dan Duffy
- **2009-05-22** Added as Chief Co-Sponsor Sen. Toi W. Hutchinson
- **2009-05-22** Added as Chief Co-Sponsor Sen. Louis S. Viverito
- **2009-05-22** Added as Co-Sponsor Sen. Michael Noland
- **2009-05-22** Added as Co-Sponsor Sen. Michael Bond
- **2009-05-22** Added as Co-Sponsor Sen. A. J. Wilhelmi
- **2009-05-22** House Floor Amendment No. 1 Senate Concurs 058-000-000
- **2009-05-22** House Floor Amendment No. 2 Senate Concurs 058-000-000
- **2009-05-22** Passed Both Houses
- **2009-06-19** Sent to the Governor `executive-receipt`
- **2009-08-18** Governor Amendatory Veto `executive-veto`
- **2009-10-14** Placed on Calendar Amendatory Veto October 15, 2009
- **2009-10-15** Motion Filed Override Amendatory Veto Sen. Jeffrey M. Schoenberg
- **2009-10-16** 3/5 Vote Required
- **2009-10-16** Override Amendatory Veto - Senate Passed 052-000-000
- **2009-10-16** Arrived in House `introduction`
- **2009-10-16** Placed on Calendar Amendatory Veto October 16, 2009
- **2009-10-21** Motion Filed Override Amendatory Veto Rep. Michael J. Madigan
- **2009-10-29** 3/5 Vote Required
- **2009-10-29** Override Amendatory Veto - House Passed 115-000-000
- **2009-10-29** Amendatory Veto Overridden Both Houses
- **2009-10-29** Added Alternate Co-Sponsor Rep. Lisa M. Dugan
- **2009-11-03** Effective Date July 1, 2010; ( See Public Act 96-793 )
- **2009-11-03** Public Act . . . . . . . . . 96-0795 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a6a7730e-fe0c-46bd-b808-881b502bf573`. Confidence: reported (aggregated from official Illinois legislature records).