WIU-BORROW MONEY
Summary
Amends the Western Illinois University Law. Provides that the Board of Trustees of Western Illinois University shall have the power and duty to borrow money for any lawful purpose from the WIU Foundation or any financial institution, as long as such money is repaid within 5 years from the time the money is borrowed. Provides that the amount outstanding from time to time may not exceed $2,000,000. Requires the chairperson, comptroller, or treasurer of the Board to execute a promissory note or similar debt instrument to evidence the indebtedness incurred by the borrowing.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2025
Committee Review
Apr 2025
Senate Passage
May 2025
House Passage
May 2025
Signed into Law
Aug 2025
Introduced Apr 9, 2025
Signed Aug 1, 2025
Maddy AI version diff · 2 comparisons
What changed between versions
Engrossed
→
Enrolled
·
1 edit
·
Aug 1, 2025
MINOR
The bill text changed from 'Engrossed' to 'Enrolled' status, indicating it has passed all legislative stages and is ready for the Governor's signature. The content of the bill itself remains substantively identical, with no changes to policy, funding, or requirements.
TECHNICAL
The document header was updated to reflect the bill's final 'Enrolled' status, replacing the previous 'Engrossed' status, while the page headers and footer tracking numbers were also updated to match the new version.
Floor votes · Senate Apr 9, 2025 · House May 21, 2025
How they voted
54–0
Passed · 4 other
Total votes 58
Apr 9, 2025
D
Democratic39
92% Yea
R
Republican19
94% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
29
Key actions
6
Committee
6
Aug 1, 2025
Signed into law
Governor Approved
upper
May 21, 2025
Upper · Passed
Passed Both Houses
upper
May 21, 2025
Lower · Passed
Third Reading - Short Debate - Passed 110-000-000
lower
Apr 23, 2025
Lower · Passed
Do Pass / Short Debate Higher Education Committee; 010-000-000
lower
Apr 17, 2025
Committee
Assigned to Higher Education Committee
lower
Apr 9, 2025
Committee
Referred to Rules Committee
lower
Apr 9, 2025
Introduced
Arrived in House
lower
Apr 9, 2025
Upper · Passed
Third Reading - Passed; 054-000-000
upper
Feb 19, 2025
Upper · Passed
Do Pass Higher Education; 013-000-000
upper
Feb 11, 2025
Committee
Assigned to Higher Education
upper
Jan 28, 2025
Committee
Referred to Assignments
upper
2 primary · 5 co-sponsors
Sponsors
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