STATE MONEY INVEST-SHORT TERM
Summary
Amends the Deposit of State Moneys Act. Provides that the State Treasurer may, with the approval of the Governor, invest State money in short-term obligations of corporations organized in the United States with assets exceeding $500,000,000 if, among other things, the obligations mature not later than 270 (instead of 180) days after the date of purchase. Effective immediately.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2009
Committee Review
Apr 2009
House Passage
May 2009
Senate Passage
May 2009
Signed into Law
Aug 2009
Introduced Mar 18, 2009
Signed Aug 14, 2009
Floor votes · Senate May 19, 2009 · House Mar 18, 2009
How they voted
47–0
Passed · 1 other
Total votes 48
May 19, 2009
D
Democratic29
96% Yea
R
Republican19
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
27
Key actions
5
Committee
6
Aug 14, 2009
Signed into law
Governor Approved
lower
May 19, 2009
Lower · Passed
Passed Both Houses
lower
Apr 30, 2009
Upper · Passed
Do Pass State Government and Veterans Affairs; 008-000-000
upper
Apr 22, 2009
Committee
Assigned to State Government and Veterans Affairs
upper
Mar 19, 2009
Committee
Referred to Assignments
upper
Mar 18, 2009
Introduced
Arrive in Senate
upper
Mar 18, 2009
House · Passed
House Vote: pass (93-0-2)
house
Mar 11, 2009
Lower · Passed
Do Pass / Short Debate State Government Administration Committee; 017-000-000
lower
Mar 3, 2009
Committee
Assigned to State Government Administration Committee
lower
Feb 24, 2009
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 3670
Scope: IL
Hi! I can help you understand HB 3670. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline