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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: "HB 177"
citation: "Illinois HB 177 (96th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 50
vote_count: 4
first_action: "2009-01-13"
last_action: "2009-08-25"
source: "openstates"
source_identifier: "ocd-bill/ef7a6e35-3ca0-4857-8d18-c72ab4bf07dc"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=177&GAID=10&DocTypeID=HB&LegId=40194&SessionID=76&GA=96"
source_hash: "8968759a6b816b47ff87ae0f44bc7c185b6bc21695df94578aff2b1065ed51ea"
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 177 (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=09600HB0177&GA=96&SessionId=76&DocTypeId=HB&LegID=40194&DocNum=177&GAID=10&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600HB0177eng&GA=96&SessionId=76&DocTypeId=HB&LegID=40194&DocNum=177&GAID=10&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600HB0177enr&GA=96&SessionId=76&DocTypeId=HB&LegID=40194&DocNum=177&GAID=10&Session=&print=true)
## Votes
- Third Reading — **6740** (pass) · lower
- Third Reading — **500** (pass) · upper
- Third Reading — **1160** (pass) · lower
- Concurrence — **1161** (pass) · lower
## Sponsors
- Al Riley — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2009-01-13** Prefiled with Clerk by Rep. Al Riley `filing`
- **2009-01-14** First Reading `reading-1`
- **2009-01-14** Referred to Rules Committee `referral-committee`
- **2009-02-04** Assigned to Executive Committee `referral-committee`
- **2009-03-10** Re-assigned to State Government Administration Committee `referral-committee`
- **2009-03-10** Moved to Suspend Rule 25 Rep. Barbara Flynn Currie
- **2009-03-10** Suspend Rule 25 - Prevailed 067-040-004
- **2009-03-11** Do Pass / Short Debate State Government Administration Committee; 017-000-000 `committee-passage`
- **2009-03-12** Placed on Calendar 2nd Reading - Short Debate
- **2009-03-30** Second Reading - Short Debate `reading-2`
- **2009-03-30** Held on Calendar Order of Second Reading - Short Debate `reading-2`
- **2009-03-31** Placed on Calendar Order of 3rd Reading - Short Debate
- **2009-04-01** Third Reading - Short Debate - Passed 116-000-000 `reading-3, passage`
- **2009-04-02** Arrive in Senate `introduction`
- **2009-04-02** Placed on Calendar Order of First Reading April 21, 2009 `reading-1`
- **2009-04-02** Chief Senate Sponsor Sen. Jacqueline Y. Collins
- **2009-04-15** First Reading `reading-1`
- **2009-04-15** Referred to Assignments `referral-committee`
- **2009-04-22** Assigned to State Government and Veterans Affairs `referral-committee`
- **2009-04-30** Postponed - State Government and Veterans Affairs
- **2009-04-30** Senate Committee Amendment No. 1 Filed with Secretary by Sen. Jacqueline Y. Collins `amendment-introduction`
- **2009-04-30** Senate Committee Amendment No. 1 Referred to Assignments `referral-committee`
- **2009-05-05** Senate Committee Amendment No. 1 Assignments Refers to State Government and Veterans Affairs
- **2009-05-05** Senate Committee Amendment No. 2 Filed with Secretary by Sen. Jacqueline Y. Collins `amendment-introduction`
- **2009-05-05** Senate Committee Amendment No. 2 Referred to Assignments `referral-committee`
- **2009-05-06** Senate Committee Amendment No. 2 Assignments Refers to State Government and Veterans Affairs
- **2009-05-06** Senate Committee Amendment No. 1 Adopted `amendment-passage`
- **2009-05-06** Senate Committee Amendment No. 2 Adopted `amendment-passage`
- **2009-05-07** Do Pass as Amended State Government and Veterans Affairs; 009-000-000 `committee-passage`
- **2009-05-07** Placed on Calendar Order of 2nd Reading May 12, 2009
- **2009-05-14** Second Reading `reading-2`
- **2009-05-14** Placed on Calendar Order of 3rd Reading May 15, 2009
- **2009-05-15** Third Reading - Passed; 050-000-000 `reading-3, passage`
- **2009-05-15** Arrived in House `introduction`
- **2009-05-15** Placed on Calendar Order of Concurrence Senate Amendment(s) 1, 2
- **2009-05-18** Senate Committee Amendment No. 1 Motion Filed Concur Rep. Al Riley
- **2009-05-18** Senate Committee Amendment No. 2 Motion Filed Concur Rep. Al Riley
- **2009-05-18** Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee `referral-committee`
- **2009-05-18** Senate Committee Amendment No. 2 Motion to Concur Referred to Rules Committee `referral-committee`
- **2009-05-28** Senate Committee Amendment No. 1 Motion to Concur Rules Referred to State Government Administration Committee `referral-committee`
- **2009-05-28** Senate Committee Amendment No. 2 Motion to Concur Rules Referred to State Government Administration Committee `referral-committee`
- **2009-05-29** Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted State Government Administration Committee; 015-000-000
- **2009-05-29** Senate Committee Amendment No. 2 Motion to Concur Recommends Be Adopted State Government Administration Committee; 015-000-000
- **2009-05-30** Senate Committee Amendment No. 1 House Concurs 116-001-000
- **2009-05-30** Senate Committee Amendment No. 2 House Concurs 116-001-000
- **2009-05-30** Passed Both Houses
- **2009-06-26** Sent to the Governor `executive-receipt`
- **2009-08-25** Governor Approved `executive-signature`
- **2009-08-25** Effective Date August 25, 2009
- **2009-08-25** Public Act . . . . . . . . . 96-0741 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/ef7a6e35-3ca0-4857-8d18-c72ab4bf07dc`. Confidence: reported (aggregated from official Illinois legislature records).