Illinois 98th Regular Session Status: Passed Senate

SB 3095 — BANK SERV TRUST FUND-USES

Last action — Session Sine Die

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 98th Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Amends the State Treasurer's Bank Services Trust Fund Act. Provides that moneys in the State Treasurer's Bank Services Trust Fund may also be used for (i) technological, consultant, and legal service charges related to the investment or safekeeping of funds under the Treasurer's control and (ii) legal services under the State's general obligation bond program. Effective immediately.

Bill Text

What changed in the latest version

1 added · 19 removed

Plain-language change summary

The changes to SB 3095 allow funds from the State Treasurer's Bank Services Trust Fund to be used not only for bank services but also for technological, consulting, and legal expenses related to handling the Treasurer's funds and overseeing the state's bond program. This expansion is important because it provides more flexibility in how the state can manage its finances, potentially leading to better investment strategies and more effective safekeeping of public money.

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*LRB09816989HLH52071b* SB3095 98TH GENERAL ASSEMBLY State of Illinois and 2014 SB3095 Introduced 2/7/2014, by Sen.
SB3095 Engrossed LRB098 16989 HLH 52071 b AN ACT concerning finance.
Jason A.
Barickman SYNOPSIS AS INTRODUCED:
ILCS 212/10 Amends the State Treasurer's Bank Services Trust Fund Act.
Provides that moneys in the State Treasurer's Bank Services Trust Fund may also be used for (i) technological, consultant, and legal service charges related to the investment or safekeeping of funds under the Treasurer's control and Effective immediately.der the State's general obligation bond program.
LRB098 16989 HLH 52071 b FISCAL NOTE ACT MAY APPLY A BILL FOR SB3095 LRB098 16989 HLH 52071 b AN ACT concerning finance.
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Action History

  1. Session Sine Die

  2. Referred to Rules Committee

  3. First Reading

  4. Chief House Sponsor Rep. Josh Harms

  5. Arrived in House

  6. Third Reading - Passed; 055-001-000

  7. Placed on Calendar Order of 3rd Reading March 5, 2014

  8. Second Reading

  9. Placed on Calendar Order of 2nd Reading March 4, 2014

  10. Do Pass State Government and Veterans Affairs; 009-000-000

  11. Assigned to State Government and Veterans Affairs

  12. Referred to Assignments

  13. First Reading

  14. Filed with Secretary by Sen. Jason A. Barickman

Sponsors

  • Jason A. Barickman · Cosponsor

Sponsorship breakdown

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0 sponsors · 1 co-sponsors · 182 not signed on

Sponsors (0)

None.

Co-sponsors (1)

  • Jason A. Barickman

Not signed on (182)

182 members have not signed on to this bill.

Show all 182 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Third Reading

Passed 55 Yea · 1 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 40102
Democrat 12001
Republican 3000
Total 55103
% of votes cast 93%2%0%5%
How each member voted (59)
Member Party Vote
Kotowski — Yea
Landek — Nay
Althoff — Yea
Martinez — Yea
Barickman — Yea
Bertino-Tarrant — Yea
Biss — Yea
Bivins — Yea
Bush — Yea
LaHood — Yea
Link — Yea
Luechtefeld — Yea
Manar — Yea
McCann — Yea
McCarter — Yea
McConnaughay — Yea
Harris — Yea
Mulroe — Yea
Muñoz — Yea
Noland — Yea
Silverstein — Yea
McGuire — Yea
Sullivan — Yea
Jacobs — Yea
Steans — Yea
Cullerton, T. — Yea
Cullerton — Yea
Trotter — Yea
Brady — Not Voting
Clayborne — Yea
Connelly — Yea
Dillard — Not Voting
Duffy — Yea
Forby — Yea
Frerichs — Yea
Haine — Yea
Hutchinson — Yea
Oberweis — Yea
Radogno — Yea
Raoul — Yea
Righter — Yea
Sandoval — Yea
Van Pelt — Yea
Bill Cunningham Democrat Yea
David Koehler Democrat Yea
Don Harmon Democrat Yea
Emil Jones, III Democrat Yea
Eva-Dina Delgado Democrat Yea
Julie A. Morrison Democrat Yea
Kimberly A. Lightford Democrat Yea
Lakesia Collins Democrat Yea
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Mattie Hunter Democrat Yea
Michael E. Hastings Democrat Yea
Steve Stadelman Democrat Not Voting
Chapin Rose Republican Yea
Dave Syverson Republican Yea
Sue Rezin Republican Yea

Official roll call →

Subjects

Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 3095 do?
Amends the State Treasurer's Bank Services Trust Fund Act. Provides that moneys in the State Treasurer's Bank Services Trust Fund may also be used for (i) technological, consultant, and legal service charges related to the investment or safekeeping of funds under the Treasurer's control and (ii) legal services under the State's general obligation bond program. Effective immediately.
Who sponsors SB 3095?
SB 3095 is sponsored by Jason A. Barickman.
What is the current status of SB 3095?
This bill died with 98th Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 3095?
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Last checked for changes 3 months ago · updated continuously

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