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---
type: "Bill"
title: "LOCAL GOV JOINT INVESTMENTS"
description: "Amends the Local Government Debt Reform Act. Permits governmental units to authorize the treasurer of the governmental unit to join with the treasurers of other governmental units for the purpose of jointly investing the funds of which the treasurer has custody. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "96th"
identifier: "HB 4945"
citation: "Illinois HB 4945 (96th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 30
vote_count: 2
first_action: "2010-01-14"
last_action: "2010-07-02"
source: "openstates"
source_identifier: "ocd-bill/328cb88c-3038-49d5-9b2a-98dc5cc2cc14"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=4945&GAID=10&DocTypeID=HB&LegId=49448&SessionID=76&GA=96"
source_hash: "fe2fb009bfc18222166ba9a36500ce8b82e6d74c91352006927bb31202b42629"
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 4945 (96th) — LOCAL GOV JOINT INVESTMENTS
Amends the Local Government Debt Reform Act. Permits governmental units to authorize the treasurer of the governmental unit to join with the treasurers of other governmental units for the purpose of jointly investing the funds of which the treasurer has custody. 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=09600HB4945&GA=96&SessionId=76&DocTypeId=HB&LegID=49448&DocNum=4945&GAID=10&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600HB4945eng&GA=96&SessionId=76&DocTypeId=HB&LegID=49448&DocNum=4945&GAID=10&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600HB4945enr&GA=96&SessionId=76&DocTypeId=HB&LegID=49448&DocNum=4945&GAID=10&Session=&print=true)
## Votes
- Third Reading — **510** (pass) · upper
- Third Reading — **1110** (pass) · lower
## Sponsors
- Sidney H. Mathias — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2010-01-14** Filed with the Clerk by Rep. Sidney H. Mathias `filing`
- **2010-01-15** First Reading `reading-1`
- **2010-01-15** Referred to Rules Committee `referral-committee`
- **2010-02-09** Assigned to Counties & Townships Committee `referral-committee`
- **2010-02-09** Added Chief Co-Sponsor Rep. Renée Kosel
- **2010-02-25** Added Chief Co-Sponsor Rep. Donald L. Moffitt
- **2010-02-25** Do Pass / Short Debate Counties & Townships Committee; 006-000-000 `committee-passage`
- **2010-02-25** Placed on Calendar 2nd Reading - Short Debate
- **2010-03-02** Second Reading - Short Debate `reading-2`
- **2010-03-02** Placed on Calendar Order of 3rd Reading - Short Debate
- **2010-03-04** Third Reading - Short Debate - Passed 111-000-000 `reading-3, passage`
- **2010-03-04** Added Chief Co-Sponsor Rep. Al Riley
- **2010-03-04** Added Chief Co-Sponsor Rep. Randy Ramey, Jr.
- **2010-03-09** Arrive in Senate `introduction`
- **2010-03-09** Placed on Calendar Order of First Reading `reading-1`
- **2010-03-09** Chief Senate Sponsor Sen. A. J. Wilhelmi
- **2010-03-09** First Reading `reading-1`
- **2010-03-09** Referred to Assignments `referral-committee`
- **2010-03-10** Added as Alternate Chief Co-Sponsor Sen. David Koehler
- **2010-03-17** Assigned to Local Government `referral-committee`
- **2010-03-24** Do Pass Local Government; 005-000-000 `committee-passage`
- **2010-03-24** Placed on Calendar Order of 2nd Reading March 25, 2010
- **2010-04-14** Second Reading `reading-2`
- **2010-04-14** Placed on Calendar Order of 3rd Reading April 15, 2010
- **2010-04-29** Third Reading - Passed; 051-000-000 `reading-3, passage`
- **2010-04-29** Passed Both Houses
- **2010-05-28** Sent to the Governor `executive-receipt`
- **2010-07-02** Governor Approved `executive-signature`
- **2010-07-02** Effective Date July 2, 2010
- **2010-07-02** Public Act . . . . . . . . . 96-0964 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/328cb88c-3038-49d5-9b2a-98dc5cc2cc14`. Confidence: reported (aggregated from official Illinois legislature records).