republic-os/legislation/us/states/il/98th/hb-1353.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	PUBLIC FUNDS INVESTMENT	Amends the Public Funds Investment Act. Provides that park districts, forest preserve districts, and conservation districts may, like municipalities and counties, invest public funds in interest-bearing bonds of any political subdivision or agency of the State of Illinois, whether the interest earned is taxable or tax-exempt under federal law. Provides that bonds shall be registered in the name of the municipality, park district, forest preserve district, conservation district, or county. Effective immediately.	us/states/il	Illinois General Assembly	98th	HB 1353	Illinois HB 1353 (98th)	bill		enacted		3	36	2	2013-02-06	2013-08-16	openstates	ocd-bill/9954ed34-275d-4bc6-b775-4d113a7c60ae	http://ilga.gov/legislation/BillStatus.asp?DocNum=1353&GAID=12&DocTypeID=HB&LegId=72079&SessionID=85&GA=98	5c120cfb15c3d80f4296409db5e683805b03fe1c8f2379b77acbfce5e0831b70	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-il

Illinois HB 1353 (98th) — PUBLIC FUNDS INVESTMENT

Amends the Public Funds Investment Act. Provides that park districts, forest preserve districts, and conservation districts may, like municipalities and counties, invest public funds in interest-bearing bonds of any political subdivision or agency of the State of Illinois, whether the interest earned is taxable or tax-exempt under federal law. Provides that bonds shall be registered in the name of the municipality, park district, forest preserve district, conservation district, or county. 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 — 111–0 (pass) · lower
• Third Reading — 55–0 (pass) · upper

Sponsors

• Emily McAsey — primary (person)
• Jennifer Bertino-Tarrant — cosponsor (person)
• Kimberly A. Lightford — cosponsor (person)

Timeline

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

• 2013-02-06 Filed with the Clerk by Rep. Emily McAsey filing
• 2013-02-06 First Reading reading-1
• 2013-02-06 Referred to Rules Committee referral-committee
• 2013-02-13 Assigned to Personnel and Pensions Committee referral-committee
• 2013-02-21 Do Pass / Short Debate Personnel and Pensions Committee; 010-000-000 committee-passage
• 2013-02-21 Placed on Calendar 2nd Reading - Short Debate
• 2013-02-27 Second Reading - Short Debate reading-2
• 2013-02-27 Placed on Calendar Order of 3rd Reading - Short Debate
• 2013-02-28 Added Co-Sponsor Rep. Esther Golar
• 2013-02-28 Added Co-Sponsor Rep. Carol A. Sente
• 2013-03-01 Added Co-Sponsor Rep. Jack D. Franks
• 2013-03-01 Third Reading - Short Debate - Passed 111-000-000 reading-3, passage
• 2013-03-01 Added Chief Co-Sponsor Rep. Dwight Kay
• 2013-03-01 Remove Chief Co-Sponsor Rep. Dwight Kay
• 2013-03-01 Added Chief Co-Sponsor Rep. Naomi D. Jakobsson
• 2013-03-01 Chief Co-Sponsor Changed to Rep. Naomi D. Jakobsson
• 2013-03-01 Added Chief Co-Sponsor Rep. Anthony DeLuca
• 2013-03-05 Arrive in Senate introduction
• 2013-03-05 Placed on Calendar Order of First Reading reading-1
• 2013-03-05 Chief Senate Sponsor Sen. Linda Holmes
• 2013-03-05 First Reading reading-1
• 2013-03-05 Referred to Assignments referral-committee
• 2013-03-12 Assigned to Local Government referral-committee
• 2013-03-20 Do Pass Local Government; 012-000-000 committee-passage
• 2013-03-20 Placed on Calendar Order of 2nd Reading March 21, 2013
• 2013-04-10 Added as Alternate Co-Sponsor Sen. Jennifer Bertino-Tarrant
• 2013-04-16 Second Reading reading-2
• 2013-04-16 Placed on Calendar Order of 3rd Reading April 17, 2013
• 2013-04-17 Added as Alternate Chief Co-Sponsor Sen. Melinda Bush
• 2013-05-21 Added as Alternate Co-Sponsor Sen. Kimberly A. Lightford
• 2013-05-21 Third Reading - Passed; 055-000-000 reading-3, passage
• 2013-05-21 Passed Both Houses
• 2013-06-19 Sent to the Governor executive-receipt
• 2013-08-16 Governor Approved executive-signature
• 2013-08-16 Effective Date August 16, 2013
• 2013-08-16 Public Act . . . . . . . . . 98-0390 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/9954ed34-275d-4bc6-b775-4d113a7c60ae. Confidence: reported (aggregated from official Illinois legislature records).