Illinois 102nd Regular Session Status: Enacted 4 D cosponsors

SB 117 — TREASURER-INFRASTRUCTURE DEV

Last action — Public Act . . . . . . . . . 102-0141

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

This bill has been enacted into law. Introduced February 03, 2021. Enacted.

Prognosis

Likely to advance 78% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 4 sponsors

    2 primary, 2 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (4 D).

  • Cleared a recorded vote

    Passed 1 recorded vote so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Creates the Infrastructure Development Act. Provides that the State Treasurer shall segregate a portion of the Treasurer's State investment portfolio in the Infrastructure Development Account, an account that shall be maintained separately and apart from other moneys invested by the State Treasurer. Allows the State Treasurer to make investments concerning the Infrastructure Development Account. Provides for Infrastructure Development Account-Recipient Funds created by Illinois infrastructure development firms in which the State Treasurer places money. Provides further requirements concerning Infrastructure Development Account-Recipient Funds. Provides for the adoption rules. Provides that the Infrastructure Development Fund is created as a special fund in the State treasury, which may receive a portion of earnings from the Infrastructure Development Account and may be used by the State Treasurer to pay expenses related to the Act. Defines terms. Amends the State Finance Act to provide for the Infrastructure Development Fund. Effective immediately. Senate Committee Amendment No. 1 Provides that the Infrastructure Development Fund is created as a non-appropriated trust fund (rather than a special fund) within the State Treasury.

Bill Text

Amendments

1 amendment

Click Show changes on an amendment above to see how it modifies the bill.

Action History

  1. Public Act . . . . . . . . . 102-0141

  2. Effective Date July 23, 2021

  3. Governor Approved

  4. Sent to the Governor

  5. Passed Both Houses

  6. Third Reading - Consent Calendar - Passed 116-000-000

  7. Third Reading - Consent Calendar - First Day

  8. Placed on Calendar Order of 3rd Reading - Consent Calendar

  9. Held on Calendar Order of Second Reading - Consent Calendar

  10. Second Reading - Consent Calendar

  11. Placed on Calendar 2nd Reading - Consent Calendar

  12. Do Pass / Consent Calendar Revenue & Finance Committee; 018-000-000

  13. Assigned to Revenue & Finance Committee

  14. Referred to Rules Committee

  15. First Reading

  16. Alternate Chief Sponsor Changed to Rep. Michael Halpin

  17. Chief House Sponsor Rep. Maurice A. West, II

  18. Arrived in House

  19. Third Reading - Passed; 056-000-000

  20. Added as Co-Sponsor Sen. Meg Loughran Cappel

  21. Placed on Calendar Order of 3rd Reading ** April 14, 2021

  22. Second Reading

  23. Placed on Calendar Order of 2nd Reading March 25, 2021

  24. Do Pass as Amended State Government; 009-000-000

  25. Senate Committee Amendment No. 1 Adopted

  26. Added as Co-Sponsor Sen. Doris Turner

  27. Postponed - State Government

  28. Senate Committee Amendment No. 1 Postponed - State Government

  29. Senate Committee Amendment No. 1 Assignments Refers to State Government

  30. Senate Committee Amendment No. 1 Referred to Assignments

  31. Senate Committee Amendment No. 1 Filed with Secretary by Sen. Steve Stadelman

  32. Assigned to State Government

  33. Referred to Assignments

  34. First Reading

  35. Filed with Secretary by Sen. Steve Stadelman

Sponsors

Sponsorship breakdown

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2 sponsors · 2 co-sponsors · 179 not signed on

Sponsors (2)

Co-sponsors (2)

Not signed on (179)

179 members have not signed on to this bill.

Show all 179 →

"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 56 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
Democrat 24002
Unaffiliated 18001
Republican 14000
Total 56003
% of votes cast 95%0%0%5%
How each member voted (59)
Member Party Vote
Gillespie — Yea
Harris — Yea
Bailey — Yea
Barickman — Yea
Bennett — Yea
Johnson — Yea
Stewart — Yea
Bush — Yea
Stoller — Yea
Landek — Yea
Connor — Yea
Crowe — Yea
Cullerton, T. — Yea
Muñoz — Yea
Pacione-Zayas — Not Voting
Glowiak Hilton — Yea
Loughran Cappel — Yea
Simmons, Mike — Yea
Van Pelt — Yea
Bill Cunningham Democrat Yea
Celina Villanueva Democrat Yea
Christopher Belt Democrat Yea
Cristina Castro Democrat Yea
David Koehler Democrat Yea
Don Harmon Democrat Yea
Doris Turner Democrat Yea
Elgie R. Sims, Jr. Democrat Yea
Emil Jones, III Democrat Yea
Julie A. Morrison Democrat Yea
Karina Villa Democrat Yea
Kimberly A. Lightford Democrat Not Voting
Lakesia Collins Democrat Yea
Laura Ellman Democrat Not Voting
Laura Fine Democrat Yea
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Mattie Hunter Democrat Yea
Michael E. Hastings Democrat Yea
Omar Aquino Democrat Yea
Patrick J. Joyce Democrat Yea
Ram Villivalam Democrat Yea
Robert F. Martwick Democrat Yea
Robert Peters Democrat Yea
Sara Feigenholtz Democrat Yea
Steve Stadelman Democrat Yea
Chapin Rose Republican Yea
Craig Wilcox Republican Yea
Dale Fowler Republican Yea
Dan McConchie Republican Yea
Dave Syverson Republican Yea
Donald P. DeWitte Republican Yea
Jason Plummer Republican Yea
Jil Tracy Republican Yea
John F. Curran Republican Yea
Neil Anderson Republican Yea
Sally J. Turner Republican Yea
Steve McClure Republican Yea
Sue Rezin Republican Yea
Terri Bryant Republican Yea

Official roll call →

Subjects

finance transportation
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 117 do?
Creates the Infrastructure Development Act. Provides that the State Treasurer shall segregate a portion of the Treasurer's State investment portfolio in the Infrastructure Development Account, an account that shall be maintained separately and apart from other moneys invested by the State Treasurer. Allows the State Treasurer to make investments concerning the Infrastructure Development Account. Provides for Infrastructure Development Account-Recipient Funds created by Illinois infrastructure development firms in which the State Treasurer places money. Provides further requirements concerning Infrastructure Development Account-Recipient Funds. Provides for the adoption rules. Provides that the Infrastructure Development Fund is created as a special fund in the State treasury, which may receive a portion of earnings from the Infrastructure Development Account and may be used by the State Treasurer to pay expenses related to the Act. Defines terms. Amends the State Finance Act to provide for the Infrastructure Development Fund. Effective immediately. Senate Committee Amendment No. 1 Provides that the Infrastructure Development Fund is created as a non-appropriated trust fund (rather than a special fund) within the State Treasury.
Who sponsors SB 117?
SB 117 is sponsored by Steve Stadelman (Democrat), Doris Turner (Democrat), Michael W. Halpin (Democrat), and Meg Loughran Cappel (Democrat).
What is the current status of SB 117?
This bill has been enacted into law. Introduced February 03, 2021. Enacted.
Where can I track SB 117?
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