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---
type: "Bill"
title: "OPEN MTGS-PREPAID TUITION FUND"
description: "Amends the Open Meetings Act. Provides that the provision that authorizes closed meetings to be held to consider the sale or purchase of securities, investments, or investment contracts does not apply to meetings held to consider the investment of assets or income of funds deposited into the Illinois Prepaid Tuition Trust Fund. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "97th"
identifier: "HB 3923"
citation: "Illinois HB 3923 (97th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 40
vote_count: 2
first_action: "2011-12-14"
last_action: "2012-08-01"
source: "openstates"
source_identifier: "ocd-bill/aa8b449c-0f03-4e84-8cc6-f037c5fbd691"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3923&GAID=11&DocTypeID=HB&LegId=62741&SessionID=84&GA=97"
source_hash: "af38da7a9e15b28c8fcdde69d4362e305370e1b8c72675b29ffa8c556b3e506a"
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 3923 (97th) — OPEN MTGS-PREPAID TUITION FUND
Amends the Open Meetings Act. Provides that the provision that authorizes closed meetings to be held to consider the sale or purchase of securities, investments, or investment contracts does not apply to meetings held to consider the investment of assets or income of funds deposited into the Illinois Prepaid Tuition Trust Fund. 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=09700HB3923&GA=97&SessionId=84&DocTypeId=HB&LegID=62741&DocNum=3923&GAID=11&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09700HB3923eng&GA=97&SessionId=84&DocTypeId=HB&LegID=62741&DocNum=3923&GAID=11&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09700HB3923enr&GA=97&SessionId=84&DocTypeId=HB&LegID=62741&DocNum=3923&GAID=11&Session=&print=true)
## Votes
- Third Reading — **541** (pass) · upper
- Third Reading — **1170** (pass) · lower
## Sponsors
- Heather A. Steans — cosponsor (person)
- Jim Durkin — primary (person)
- Kimberly A. Lightford — cosponsor (person)
- Kirk W. Dillard — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2011-12-14** Filed with the Clerk by Rep. Jim Durkin `filing`
- **2011-12-14** Chief Co-Sponsor Rep. Darlene J. Senger
- **2011-12-14** Chief Co-Sponsor Rep. Kent Gaffney
- **2011-12-14** Chief Co-Sponsor Rep. Richard Morthland
- **2012-01-10** First Reading `reading-1`
- **2012-01-10** Referred to Rules Committee `referral-committee`
- **2012-02-07** Assigned to State Government Administration Committee `referral-committee`
- **2012-02-22** Do Pass / Short Debate State Government Administration Committee; 013-000-000 `committee-passage`
- **2012-02-23** Placed on Calendar 2nd Reading - Short Debate
- **2012-02-29** Added Chief Co-Sponsor Rep. Jack D. Franks
- **2012-03-06** Second Reading - Short Debate `reading-2`
- **2012-03-06** Placed on Calendar Order of 3rd Reading - Short Debate
- **2012-03-07** Third Reading - Short Debate - Passed 117-000-000 `reading-3, passage`
- **2012-03-07** Added Co-Sponsor Rep. Rosemary Mulligan
- **2012-03-07** Added Co-Sponsor Rep. Sandy Cole
- **2012-03-07** Added Co-Sponsor Rep. Dennis M. Reboletti
- **2012-03-07** Added Co-Sponsor Rep. Kay Hatcher
- **2012-03-07** Added Co-Sponsor Rep. Sandra M. Pihos
- **2012-03-07** Added Co-Sponsor Rep. Michael P. McAuliffe
- **2012-03-07** Added Co-Sponsor Rep. John D. Cavaletto
- **2012-03-07** Added Co-Sponsor Rep. Michael G. Connelly
- **2012-03-08** Arrive in Senate `introduction`
- **2012-03-08** Placed on Calendar Order of First Reading March 21, 2012 `reading-1`
- **2012-03-23** Chief Senate Sponsor Sen. Matt Murphy
- **2012-03-26** First Reading `reading-1`
- **2012-03-26** Referred to Assignments `referral-committee`
- **2012-04-11** Assigned to Executive `referral-committee`
- **2012-04-18** Do Pass Executive; 010-000-000 `committee-passage`
- **2012-04-18** Placed on Calendar Order of 2nd Reading April 19, 2012
- **2012-04-19** Added as Alternate Co-Sponsor Sen. Kimberly A. Lightford
- **2012-05-01** Added as Alternate Co-Sponsor Sen. Heather A. Steans
- **2012-05-02** Second Reading `reading-2`
- **2012-05-02** Placed on Calendar Order of 3rd Reading May 3, 2012
- **2012-05-15** Added as Alternate Co-Sponsor Sen. Kirk W. Dillard
- **2012-05-15** Third Reading - Passed; 054-001-000 `reading-3, passage`
- **2012-05-15** Passed Both Houses
- **2012-06-13** Sent to the Governor `executive-receipt`
- **2012-08-01** Governor Approved `executive-signature`
- **2012-08-01** Effective Date August 1, 2012
- **2012-08-01** Public Act . . . . . . . . . 97-0876 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/aa8b449c-0f03-4e84-8cc6-f037c5fbd691`. Confidence: reported (aggregated from official Illinois legislature records).