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---
type: "Bill"
title: "TREASURER-INFRASTRUCTURE DEV"
description: "Creates the Infrastructure Development Act. Provides that the State Treasurer shall segregate a portion of the Treasurer's State investment portfolio in the Infrastructure Development Account, an account that shall be maintained separately and apart from other moneys invested by the State Treasurer. Allows the State Treasurer to make investments concerning the Infrastructure Development Account. Provides for Infrastructure Development Account-Recipient Funds created by Illinois infrastructure development firms in which the State Treasurer places money. Provides further requirements concerning Infrastructure Development Account-Recipient Funds. Provides for the adoption rules. Provides that the Infrastructure Development Fund is created as a special fund in the State treasury, which may receive a portion of earnings from the Infrastructure Development Account and may be used by the State Treasurer to pay expenses related to the Act. Defines terms. Amends the State Finance Act to provide for the Infrastructure Development Fund. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "102nd"
identifier: "HB 1953"
citation: "Illinois HB 1953 (102nd)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Julie A. Morrison"]
version_count: 7
action_count: 84
vote_count: 4
first_action: "2021-02-16"
last_action: "2022-01-07"
source: "openstates"
source_identifier: "ocd-bill/56fd59b2-1e56-4af0-afbb-ecc063af4fb7"
source_url: "https://ilga.gov/legislation/BillStatus.asp?DocNum=1953&GAID=16&DocTypeID=HB&LegId=130696&SessionID=110&GA=102"
source_hash: "492d00e85bdf5ea497175e15cf68a810c1641b7bc644e11667560b0d1dfcb44d"
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 1953 (102nd) — TREASURER-INFRASTRUCTURE DEV
Creates the Infrastructure Development Act. Provides that the State Treasurer shall segregate a portion of the Treasurer's State investment portfolio in the Infrastructure Development Account, an account that shall be maintained separately and apart from other moneys invested by the State Treasurer. Allows the State Treasurer to make investments concerning the Infrastructure Development Account. Provides for Infrastructure Development Account-Recipient Funds created by Illinois infrastructure development firms in which the State Treasurer places money. Provides further requirements concerning Infrastructure Development Account-Recipient Funds. Provides for the adoption rules. Provides that the Infrastructure Development Fund is created as a special fund in the State treasury, which may receive a portion of earnings from the Infrastructure Development Account and may be used by the State Treasurer to pay expenses related to the Act. Defines terms. Amends the State Finance Act to provide for the Infrastructure Development Fund. Effective immediately.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB1953.pdf)
2. **Engrossed** (committee substitute) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB1953eng.pdf)
3. **House Amendment 001** (committee substitute) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB1953ham001.pdf)
4. **House Amendment 002** (committee substitute) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB1953ham002.pdf)
5. **Senate Amendment 001** (committee substitute) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB1953sam001.pdf)
6. **Senate Amendment 002** (committee substitute) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB1953sam002.pdf)
7. **Enrolled** (enrolled) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB1953enr.pdf)
## Votes
- Third Reading — **1130** (pass) · lower
- Concurrence — **6741** (pass) · lower
- Concurrence, Amendment 2 — **6741** (pass) · lower
- Third Reading — **3917** (pass) · upper
## Sponsors
- Julie A. Morrison — primary (person)
- Dave Vella — cosponsor (person)
- Debbie Meyers-Martin — cosponsor (person)
- Elizabeth Hernandez — cosponsor (person)
- Justin Slaughter — cosponsor (person)
- Katie Stuart — cosponsor (person)
- LaToya Greenwood — cosponsor (person)
- Marcus C. Evans, Jr. — cosponsor (person)
- Mary E. Flowers — cosponsor (person)
- Mike Murphy — cosponsor (person)
- Nicholas K. Smith — cosponsor (person)
- Stephanie A. Kifowit — cosponsor (person)
- Sue Scherer — cosponsor (person)
- Suzanne Ness — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2021-02-16** Filed with the Clerk by Rep. Michael Halpin `filing`
- **2021-02-17** First Reading `reading-1`
- **2021-02-17** Referred to Rules Committee `referral-committee`
- **2021-03-09** Assigned to State Government Administration Committee `referral-committee`
- **2021-03-16** House Committee Amendment No. 1 Filed with Clerk by Rep. Michael Halpin `amendment-introduction`
- **2021-03-16** House Committee Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2021-03-17** Do Pass / Short Debate State Government Administration Committee; 008-000-000 `committee-passage`
- **2021-03-18** Placed on Calendar 2nd Reading - Short Debate
- **2021-03-18** House Committee Amendment No. 1 Tabled Pursuant to Rule 40 `amendment-failure`
- **2021-03-22** House Floor Amendment No. 2 Filed with Clerk by Rep. Michael Halpin `amendment-introduction`
- **2021-03-22** House Floor Amendment No. 2 Referred to Rules Committee `referral-committee`
- **2021-04-06** House Floor Amendment No. 2 Rules Refers to State Government Administration Committee
- **2021-04-15** House Floor Amendment No. 2 Recommends Be Adopted State Government Administration Committee; 008-000-000 `committee-passage-favorable`
- **2021-04-21** Added Chief Co-Sponsor Rep. Stephanie A. Kifowit
- **2021-04-21** Added Chief Co-Sponsor Rep. Mike Murphy
- **2021-04-21** Added Chief Co-Sponsor Rep. Katie Stuart
- **2021-04-21** Added Co-Sponsor Rep. Marcus C. Evans, Jr.
- **2021-04-21** Second Reading - Short Debate `reading-2`
- **2021-04-21** Held on Calendar Order of Second Reading - Short Debate `reading-2`
- **2021-04-22** Added Co-Sponsor Rep. Elizabeth Hernandez
- **2021-04-22** Added Co-Sponsor Rep. Debbie Meyers-Martin
- **2021-04-22** Added Co-Sponsor Rep. LaToya Greenwood
- **2021-04-22** Added Co-Sponsor Rep. Dave Vella
- **2021-04-22** Added Co-Sponsor Rep. Nicholas K. Smith
- **2021-04-22** Added Co-Sponsor Rep. Justin Slaughter
- **2021-04-22** Added Chief Co-Sponsor Rep. Mary E. Flowers
- **2021-04-22** House Floor Amendment No. 2 Adopted `amendment-passage`
- **2021-04-22** Placed on Calendar Order of 3rd Reading - Short Debate
- **2021-04-22** Third Reading - Short Debate - Passed 113-000-000 `passage, reading-3`
- **2021-04-22** Added Co-Sponsor Rep. Sue Scherer
- **2021-04-23** Arrive in Senate `introduction`
- **2021-04-23** Placed on Calendar Order of First Reading `reading-1`
- **2021-04-23** Chief Senate Sponsor Sen. Steve Stadelman
- **2021-04-23** First Reading `reading-1`
- **2021-04-23** Referred to Assignments `referral-committee`
- **2021-05-18** Assigned to Executive `referral-committee`
- **2021-05-21** Rule 2-10 Committee Deadline Established As May 29, 2021
- **2021-05-25** Waive Posting Notice
- **2021-05-26** Senate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon `amendment-introduction`
- **2021-05-26** Senate Committee Amendment No. 1 Referred to Assignments `referral-committee`
- **2021-05-26** Senate Committee Amendment No. 1 Assignments Refers to Executive
- **2021-05-27** Senate Committee Amendment No. 1 Adopted `amendment-passage`
- **2021-05-27** Do Pass as Amended Executive; 009-005-000 `committee-passage`
- **2021-05-27** Placed on Calendar Order of 2nd Reading
- **2021-05-27** Second Reading `reading-2`
- **2021-05-27** Placed on Calendar Order of 3rd Reading May 28, 2021
- **2021-05-31** Rule 2-10 Third Reading Deadline Established As June 15, 2021 `reading-3`
- **2021-06-15** Rule 3-9(a) / Re-referred to Assignments `referral-committee`
- **2021-08-25** Rule 2-10 Third Reading Deadline Established As December 1, 2021 `reading-3`
- **2021-08-26** Approved for Consideration Assignments
- **2021-08-26** Placed on Calendar Order of 3rd Reading August 31, 2021
- **2021-10-13** Pursuant to Senate Rule 3-9(b)(ii) this bill shall not be re-referred to the Committee on Assignment pursuant to Senate Rule 3-9(b).
- **2021-10-19** Alternate Chief Sponsor Changed to Sen. Don Harmon
- **2021-11-28** Pursuant to Senate Rule 3-9(b) / Referred to Assignments `referral-committee`
- **2022-01-05** Approved for Consideration Assignments
- **2022-01-05** Placed on Calendar Order of 3rd Reading January 5, 2022
- **2022-01-05** Alternate Chief Sponsor Changed to Sen. Julie A. Morrison
- **2022-01-05** Senate Floor Amendment No. 2 Filed with Secretary by Sen. Julie A. Morrison `amendment-introduction`
- **2022-01-05** Senate Floor Amendment No. 2 Referred to Assignments `referral-committee`
- **2022-01-05** Senate Floor Amendment No. 2 Assignments Refers to Executive
- **2022-01-05** Senate Floor Amendment No. 2 Recommend Do Adopt Executive; 011-002-002
- **2022-01-05** Recalled to Second Reading `reading-2`
- **2022-01-05** Senate Floor Amendment No. 2 Adopted; Morrison `amendment-passage`
- **2022-01-05** Placed on Calendar Order of 3rd Reading
- **2022-01-05** Third Reading - Passed; 039-017-000 `passage, reading-3`
- **2022-01-05** Arrived in House `introduction`
- **2022-01-05** Chief Sponsor Changed to Rep. Katie Stuart
- **2022-01-05** Remove Chief Co-Sponsor Rep. Katie Stuart
- **2022-01-05** Placed on Calendar Order of Concurrence Senate Amendment(s) 1, 2
- **2022-01-05** Senate Committee Amendment No. 1 Motion Filed Concur Rep. Katie Stuart
- **2022-01-05** Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee `referral-committee`
- **2022-01-05** Senate Floor Amendment No. 2 Motion Filed Concur Rep. Katie Stuart
- **2022-01-05** Senate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee `referral-committee`
- **2022-01-05** Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Rules Committee; 003-002-000
- **2022-01-05** Senate Floor Amendment No. 2 Motion to Concur Recommends Be Adopted Rules Committee; 003-002-000
- **2022-01-05** Senate Committee Amendment No. 1 House Concurs 067-041-000
- **2022-01-05** Senate Floor Amendment No. 2 House Concurs 067-041-000
- **2022-01-05** House Concurs
- **2022-01-05** Passed Both Houses
- **2022-01-06** Sent to the Governor `executive-receipt`
- **2022-01-07** Added Co-Sponsor Rep. Suzanne Ness
- **2022-01-07** Governor Approved `executive-signature`
- **2022-01-07** Effective Date January 7, 2022
- **2022-01-07** Public Act . . . . . . . . . 102-0692 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/56fd59b2-1e56-4af0-afbb-ecc063af4fb7`. Confidence: reported (aggregated from official Illinois legislature records).