Illinois 93rd Regular Session Status: Enacted 1 D cosponsors

SB 2559 — SECURITIES LAW-SECURITY DEFINE

Last action — Public Act . . . . . . . . . 93-0927

  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, 2004. Enacted.

Prognosis

Likely to advance 72% · 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.

  • 1 sponsor

    0 primary, 1 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 D).

  • Cleared a recorded vote

    Passed 2 recorded votes 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

Amends the Illinois Securities Law of 1953. Removes from the definition of security, a certificate of deposit. Effective immediately.

Bill Text

What changed in the latest version

1 added · 1 removed

Plain-language change summary

The amendment to SB 2559 added a section to the bill while removing a previous version of the language. This change is important as it likely reflects updates or clarifications intended to improve the bill's effectiveness or address concerns raised during discussions. Overall, it shows that lawmakers are actively working to refine the legislation before it is finalized.

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SB2559 Engrossed LRB093 20591 RXD 46406 b AN ACT concerning business transactions.
SB2559 Enrolled LRB093 20591 RXD 46406 b AN ACT concerning business transactions.
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Action History

  1. Public Act . . . . . . . . . 93-0927

  2. Effective Date August 12, 2004

  3. Governor Approved

  4. Sent to the Governor

  5. Added Alternate Chief Co-Sponsor Rep. Patricia R. Bellock

  6. Passed Both Houses

  7. Third Reading - Short Debate - Passed 111-000-003

  8. Placed on Calendar Order of 3rd Reading - Short Debate

  9. Second Reading - Short Debate

  10. Added Alternate Chief Co-Sponsor Rep. Lou Lang

  11. Placed on Calendar 2nd Reading - Short Debate

  12. Do Pass / Short Debate State Government Administration Committee; 010-000-001

  13. Committee/3rd Reading Deadline Extended-Rule 9(b) May 31, 2004

  14. Assigned to State Government Administration Committee

  15. Referred to Rules Committee

  16. First Reading

  17. Chief House Sponsor Rep. Brent Hassert

  18. Placed on Calendar Order of First Reading

  19. Arrived in House

  20. Third Reading - Passed; 054-002-000

  21. Placed on Calendar Order of 3rd Reading March 25, 2004

  22. Second Reading

  23. Placed on Calendar Order of 2nd Reading March 2, 2004

  24. Do Pass Judiciary; 008-000-000

  25. Assigned to Judiciary

  26. Referred to Rules

  27. First Reading

  28. Filed with Secretary by Sen. Don Harmon

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

0 sponsors · 1 co-sponsors · 182 not signed on · 1 voted No

Sponsors (0)

None.

Co-sponsors (1)

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 111 Yea · 0 Nay · 7 Other
Party YeaNayPresentNot Voting
Unaffiliated 100006
Democrat 8001
Republican 3000
Total 111007
% of votes cast 94%0%0%6%
How each member voted (118)
Member Party Vote
Saviano — Yea
Schmitz — Yea
Scully — Not Voting
Slone — Yea
Sommer — Yea
Soto — Yea
Acevedo — Yea
Aguilar — Yea
Mathias — Yea
Bassi — Yea
Beaubien — Yea
Bellock — Yea
Berrios — Yea
Mautino — Yea
Biggins — Yea
Black — Yea
Boland — Yea
May — Yea
Bost — Yea
Brauer — Yea
Dugan — Yea
Dunkin — Yea
Dunn — Yea
Eddy — Yea
Flider — Yea
Flowers — Yea
Fritchey — Yea
Froehlich — Yea
Kurtz — Yea
Lang — Yea
Leitch — Yea
Lindner — Yea
McCarthy — Yea
Parke — Yea
Phelps — Yea
Pihos — Yea
Bailey — Yea
Lyons, Eileen — Yea
Reitz — Yea
Lyons, Joseph — Yea
Brosnahan — Yea
Capparelli — Yea
Colvin — Yea
McAuliffe — Yea
Meyer — Yea
Coulson — Yea
Morrow — Yea
Giles — Yea
Granberg — Yea
Hassert — Yea
Myers — Yea
Hultgren — Yea
Jefferson — Yea
Osterman — Not Voting
Pankau — Yea
McGuire — Yea
Krause — Yea
Bradley, John — Yea
Madigan — Not Voting
Bradley, Richard — Yea
McKeon — Yea
Brady — Yea
Mendoza — Yea
Millner — Yea
Moffitt — Yea
Molaro — Yea
Burke — Yea
Mitchell, Bill — Yea
Hannig — Yea
Mulligan — Yea
Sullivan — Yea
Mitchell, Jerry — Yea
Munson — Yea
Nekritz — Yea
Osmond — Yea
Tenhouse — Yea
Turner — Yea
Verschoore — Yea
Wait — Yea
Washington — Yea
Watson — Yea
Winters — Yea
Jones — Yea
Yarbrough — Yea
Younge — Yea
Davis, Monique — Yea
Davis, Steve — Yea
Howard — Not Voting
Churchill — Yea
Cross — Yea
Cultra — Yea
Currie — Yea
Daniels — Yea
Franks — Not Voting
Gordon — Yea
Graham — Yea
Grunloh — Yea
Hamos — Not Voting
Holbrook — Yea
Jakobsson — Yea
Kosel — Yea
Poe — Yea
Pritchard — Yea
Ryg — Yea
Sacia — Yea
Chapa LaVia — Yea
Eva-Dina Delgado Democrat Yea
Jay Hoffman Democrat Yea
Lakesia Collins Democrat Yea
Michael J. Kelly Democrat Yea
Nicholas K. Smith Democrat Yea
Patrick J. Joyce Democrat Yea
Robert "Bob" Rita Democrat Yea
Sara Feigenholtz Democrat Not Voting
William "Will" Davis Democrat Yea
Brad Stephens Republican Yea
Chapin Rose Republican Yea
Chris Miller Republican Yea

Official roll call →

Third Reading

Passed 54 Yea · 2 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 47103
Democrat 6100
Republican 1000
Total 54203
% of votes cast 92%3%0%5%
How each member voted (59)
Member Party Vote
Sandoval — Yea
Sieben — Yea
Silverstein — Yea
Soden — Yea
Maloney — Yea
Althoff — Yea
Martinez — Yea
Bomke — Yea
Burzynski — Yea
Cronin — Yea
Geo-Karis — Nay
Haine — Yea
Halvorson — Yea
Hendon — Yea
Meeks — Yea
Obama — Yea
Munoz — Yea
Brady — Yea
Lauzen — Yea
Sullivan, J. — Yea
Petka — Yea
Link — Yea
Jacobs — Yea
Luechtefeld — Yea
Jones, J. — Yea
Jones, W. — Yea
Cullerton — Yea
Watson — Yea
Schoenberg — Yea
Sullivan, D. — Not Voting
Demuzio — Not Voting
Shadid — Yea
Trotter — Yea
Viverito — Yea
Clayborne — Yea
Crotty — Yea
DeLeo — Yea
Dillard — Yea
Forby — Yea
Garrett — Yea
Winkel — Yea
Wojcik — Yea
Peterson — Yea
Radogno — Not Voting
Rauschenberger — Yea
Righter — Yea
Risinger — Yea
Ronen — Yea
Roskam — Yea
Rutherford — Yea
del Valle — Yea
Don Harmon Democrat Yea
Emanuel "Chris" Welch Democrat Nay
Emil Jones, III Democrat Yea
Kimberly A. Lightford Democrat Yea
Lakesia Collins Democrat Yea
Lawrence "Larry" Walsh, Jr. Democrat Yea
Mattie Hunter Democrat Yea
Dave Syverson Republican Yea

Official roll call →

Subjects

finance
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 2559 do?
Amends the Illinois Securities Law of 1953. Removes from the definition of security, a certificate of deposit. Effective immediately.
Who sponsors SB 2559?
SB 2559 is sponsored by Don Harmon (Democrat).
What is the current status of SB 2559?
This bill has been enacted into law. Introduced February 03, 2004. Enacted.
Where can I track SB 2559?
Track SB 2559 free on One Click Politics — get push/email alerts when it moves.

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