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---
type: "Bill"
title: "DEPOSIT STATE MONEY-INVESTMENT"
description: "Amends the Deposit of State Moneys Act. Provides that the State Treasurer may, with the approval of the Governor, invest or reinvest (regardless of whether the price exceeds par) any State money in the treasury that is not needed for current expenditures due or about to become due, or any money in the State Treasury that has been set aside and held for the payment of the principal of and interest on any State bonds, in bonds issued by counties or municipal corporations of this State. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "100th"
identifier: "HB 3005"
citation: "Illinois HB 3005 (100th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 49
vote_count: 3
first_action: "2017-02-09"
last_action: "2017-09-08"
source: "openstates"
source_identifier: "ocd-bill/0bb0bc74-f25c-4d07-9216-c31cc87d59d3"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3005&GAID=14&DocTypeID=HB&LegId=104557&SessionID=91&GA=100"
source_hash: "2427519154124eae042a353bfdb54a6a1064a0891e509a6593541020c4841948"
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 HB 3005 (100th) — DEPOSIT STATE MONEY-INVESTMENT
Amends the Deposit of State Moneys Act. Provides that the State Treasurer may, with the approval of the Governor, invest or reinvest (regardless of whether the price exceeds par) any State money in the treasury that is not needed for current expenditures due or about to become due, or any money in the State Treasury that has been set aside and held for the payment of the principal of and interest on any State bonds, in bonds issued by counties or municipal corporations of this State. 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=10000HB3005&GA=100&SessionId=91&DocTypeId=HB&LegID=104557&DocNum=3005&GAID=14&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10000HB3005eng&GA=100&SessionId=91&DocTypeId=HB&LegID=104557&DocNum=3005&GAID=14&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10000HB3005enr&GA=100&SessionId=91&DocTypeId=HB&LegID=104557&DocNum=3005&GAID=14&Session=&print=true)
## Votes
- Concurrence — **7423** (pass) · lower
- Third Reading — **510** (pass) · upper
- Third Reading — **6548** (pass) · lower
## Sponsors
- Al Riley — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2017-02-09** Filed with the Clerk by Rep. Al Riley `filing`
- **2017-02-09** First Reading `reading-1`
- **2017-02-09** Referred to Rules Committee `referral-committee`
- **2017-02-22** Assigned to Executive Committee `referral-committee`
- **2017-03-14** House Committee Amendment No. 1 Filed with Clerk by Rep. Al Riley `amendment-introduction`
- **2017-03-14** House Committee Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2017-03-15** Re-assigned to State Government Administration Committee `referral-committee`
- **2017-03-15** House Committee Amendment No. 1 Rules Refers to State Government Administration Committee
- **2017-03-28** House Committee Amendment No. 2 Filed with Clerk by Rep. Al Riley `amendment-introduction`
- **2017-03-28** House Committee Amendment No. 2 Referred to Rules Committee `referral-committee`
- **2017-03-29** House Committee Amendment No. 2 Rules Refers to State Government Administration Committee
- **2017-03-29** House Committee Amendment No. 2 Adopted in State Government Administration Committee; by Voice Vote `amendment-passage`
- **2017-03-29** Do Pass as Amended / Short Debate State Government Administration Committee; 006-001-000 `committee-passage`
- **2017-03-29** House Committee Amendment No. 1 Tabled Pursuant to Rule 40 `amendment-failure`
- **2017-03-30** Placed on Calendar 2nd Reading - Short Debate
- **2017-04-04** Second Reading - Short Debate `reading-2`
- **2017-04-04** Placed on Calendar Order of 3rd Reading - Short Debate
- **2017-04-05** Third Reading - Short Debate - Passed 065-048-000 `reading-3, passage`
- **2017-04-06** Arrive in Senate `introduction`
- **2017-04-06** Placed on Calendar Order of First Reading `reading-1`
- **2017-04-06** Chief Senate Sponsor Sen. Jacqueline Y. Collins
- **2017-04-06** First Reading `reading-1`
- **2017-04-06** Referred to Assignments `referral-committee`
- **2017-05-24** Rule 2-10 Committee Deadline Established As May 31, 2017
- **2017-05-24** Assigned to State Government `referral-committee`
- **2017-05-24** Senate Committee Amendment No. 1 Filed with Secretary by Sen. Jacqueline Y. Collins `amendment-introduction`
- **2017-05-24** Senate Committee Amendment No. 1 Referred to Assignments `referral-committee`
- **2017-05-24** Senate Committee Amendment No. 1 Assignments Refers to State Government
- **2017-05-24** Waive Posting Notice
- **2017-05-24** Senate Committee Amendment No. 1 Adopted `amendment-passage`
- **2017-05-25** Do Pass as Amended State Government; 005-000-000 `committee-passage`
- **2017-05-25** Placed on Calendar Order of 2nd Reading
- **2017-05-25** Second Reading `reading-2`
- **2017-05-25** Placed on Calendar Order of 3rd Reading May 26, 2017
- **2017-05-26** Third Reading - Passed; 051-000-000 `reading-3, passage`
- **2017-05-28** Arrived in House `introduction`
- **2017-05-28** Placed on Calendar Order of Concurrence Senate Amendment(s) 1
- **2017-05-28** Senate Committee Amendment No. 1 Motion Filed Concur Rep. Al Riley
- **2017-05-28** Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee `referral-committee`
- **2017-05-29** Senate Committee Amendment No. 1 Motion to Concur Rules Referred to State Government Administration Committee `referral-committee`
- **2017-05-30** Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted State Government Administration Committee; 007-000-000
- **2017-06-25** Senate Committee Amendment No. 1 House Concurs 074-023-000
- **2017-06-25** 3/5 Vote Required
- **2017-06-25** House Concurs
- **2017-06-25** Passed Both Houses
- **2017-07-24** Sent to the Governor `executive-receipt`
- **2017-09-08** Governor Approved `executive-signature`
- **2017-09-08** Effective Date September 8, 2017
- **2017-09-08** Public Act . . . . . . . . . 100-0490 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/0bb0bc74-f25c-4d07-9216-c31cc87d59d3`. Confidence: reported (aggregated from official Illinois legislature records).