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Amends the Deposit of State Moneys Act. Provides that the State Treasurer may invest or reinvest any State money in private placement fixed income securities that are exempt from the registration requirements of the Securities and Exchange Commission if specified conditions are satisfied. Effective immediately.
Introduced
Jan 29, 2026
Last Action
Mar 13, 2026
Session
IL 104th
Sponsors
1 primary · 0 co
Rule 2-10 Committee Deadline Established As March 27, 2026
Senate Committee Amendment No. 1 Assignments Refers to State Government
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Ram Villivalam
Assigned to State Government
Senate Committee Amendment No. 1 Referred to Assignments
First Reading
Referred to Assignments
Filed with Secretary by Sen. Ram Villivalam
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Rule 2-10 Committee Deadline Established As March 27, 2026