STATE INVESTMENT INFO ONLINE
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HB 3142 — STATE INVESTMENT INFO ONLINE
Last action — Public Act . . . . . . . . . 93-0499
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed House
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 27, 2003. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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1 sponsor
0 primary, 1 co-sponsors signed on.
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Cleared a recorded vote
Passed 3 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
Creates the Accountability for the Investment of Public Funds Act. Provides that each State agency shall make information available on the Internet concerning the investment of any public funds held by that State agency.
Bill Text
What changed in the latest version
20 added · 12 removedPlain-language change summary
The updated version of HB 3142 adds more specific requirements for State agencies to report details about their public fund investments on the Internet, including the amount of funds, monthly investment income, asset allocation, and a list of approved financial institutions. This change aims to improve transparency by providing citizens with clearer and more comprehensive information on how public funds are being managed. The previous version had broader language that allowed for less detail in reporting, making it harder for the public to understand the status of their funds.
HB3142 EngrossedEnrolled LRB093 09498 SJM 09733 b AN ACT concerning public funds.
Each State agency shall make available on the InternetInternet, and update at least monthly by the 15th of the month, sufficient information concerning the investment of any public funds held by that State agency to identify at least the following:
(1) Thethe amount of funds held by that agency on the last day of the mostpreceding recentmonth month.or the average daily balance for the preceding month;
(2) Where the fundstotal weremonthly held,investment income and yield for example:all funds invested by that agency;
in(3) athe specialasset fund,allocation byof athe financialinvestments institution,made inby athat brokerageagency; account, in bonds, or in other investment vehicles.
(3)and Any(4) othera relevantcomplete informationlisting thatof willall appriseapproved thedepository citizensinstitutions, ofcommercial thepaper Stateissuers, ofand thebroker-dealers statusapproved ofto fundsdo heldbusiness bywith thethat State agency.
Section 15.
Information exempt from posting requirement.
HB3142 Enrolled -2- LRB093 09498 SJM 09733 b Nothing in this Act shall require a State agency to make information available on the Internet that is exempt from inspection and copying under the Freedom of Information Act.
Action History
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Public Act . . . . . . . . . 93-0499
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Effective Date January 1, 2004
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Governor Approved
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Sent to the Governor
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Passed Both Houses
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Senate Floor Amendment No. 1 House Concurs 116-000-000
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Senate Floor Amendment No. 1 Motion to Concur Recommends be Adopted Rules Committee; 003-000-000
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Final Action Deadline Extended-9(b) May 31, 2003
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Senate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee
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Senate Floor Amendment No. 1 Motion Filed Concur Rep. Jack D. Franks; Motion #1
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Placed on Calendar Order of Concurrence Senate Amendment(s) 1
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Arrived in House
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Third Reading - Passed; 057-000-000
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Third Reading Deadline Extended - Rule 2-10, to December 31, 2003.
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Placed on Calendar Order of 3rd Reading May 16, 2003
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Senate Floor Amendment No. 1 Adopted; Harmon
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Recalled to Second Reading
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Senate Floor Amendment No. 1 Be Adopted State Government; 006-000-000
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Senate Floor Amendment No. 1 Rules Refers to State Government
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Senate Floor Amendment No. 1 Referred to Rules
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Senate Floor Amendment No. 1 Filed with Secretary by Sen. Don Harmon
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Placed on Calendar Order of 3rd Reading May 13, 2003
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Second Reading
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Placed on Calendar Order of 2nd Reading May 6, 2003
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Do Pass State Government; 005-000-000
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Added as Alternate Chief Co-Sponsor Sen. Dave Sullivan
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Assigned to State Government
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Referred to Rules
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First Reading
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Chief Senate Sponsor Sen. Don Harmon
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Placed on Calendar Order of First Reading April 3, 2003
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Arrive in Senate
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Third Reading - Short Debate - Passed 095-009-011
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Placed on Calendar Order of 3rd Reading - Short Debate
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Second Reading - Short Debate
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Fiscal Note Filed
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Placed on Calendar 2nd Reading - Short Debate
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Do Pass / Short Debate State Government Administration Committee; 011-000-000
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Assigned to State Government Administration Committee
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Referred to Rules Committee
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First Reading
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Filed with the Clerk by Rep. Jack D. Franks
Sponsors
- Jack D. Franks · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →0 sponsors · 1 co-sponsors · 182 not signed on
Sponsors (0)
None.
Co-sponsors (1)
- Jack D. Franks
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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 104 | 0 | 0 | 2 |
| Democrat | 9 | 0 | 0 | 0 |
| Republican | 3 | 0 | 0 | 0 |
| Total | 116 | 0 | 0 | 2 |
| % of votes cast | 98% | 0% | 0% | 2% |
How each member voted (118)
| Member | Party | Vote |
|---|---|---|
| Saviano | — | Yea |
| Schmitz | — | Yea |
| Sommer | — | Yea |
| Soto | — | Yea |
| Younge | — | Yea |
| Madigan | — | Yea |
| Acevedo | — | Yea |
| Aguilar | — | Yea |
| Bassi | — | Yea |
| Beaubien | — | Yea |
| Bellock | — | Yea |
| Berrios | — | Yea |
| Mautino | — | Yea |
| Biggins | — | Yea |
| Black | — | Yea |
| Boland | — | Yea |
| May | — | Yea |
| Bost | — | Yea |
| Brauer | — | Yea |
| Brosnahan | — | Not Voting |
| Capparelli | — | Yea |
| McAuliffe | — | Yea |
| Moffitt | — | Not Voting |
| Mulligan | — | Yea |
| Grunloh | — | Yea |
| Hamos | — | Yea |
| Nekritz | — | Yea |
| Jefferson | — | Yea |
| Osterman | — | Yea |
| Leitch | — | Yea |
| Lindner | — | Yea |
| Mathias | — | Yea |
| McCarthy | — | Yea |
| McKeon | — | Yea |
| Mendoza | — | Yea |
| Lyons, Eileen | — | Yea |
| Meyer | — | Yea |
| Bailey | — | Yea |
| Lyons, Joseph | — | Yea |
| Parke | — | Yea |
| Reitz | — | Yea |
| Phelps | — | Yea |
| Scully | — | Yea |
| Slone | — | Yea |
| McGuire | — | Yea |
| Bradley, Richard | — | Yea |
| Brady | — | Yea |
| Dunkin | — | Yea |
| Dunn | — | Yea |
| Eddy | — | Yea |
| Flider | — | Yea |
| Flowers | — | Yea |
| Forby | — | Yea |
| Franks | — | Yea |
| Fritchey | — | Yea |
| Froehlich | — | Yea |
| Giles | — | Yea |
| Graham | — | Yea |
| Granberg | — | Yea |
| Krause | — | Yea |
| Kurtz | — | Yea |
| Lang | — | Yea |
| Mitchell, Bill | — | Yea |
| Hannig | — | Yea |
| Burke | — | Yea |
| Mitchell, Jerry | — | Yea |
| Millner | — | Yea |
| Sullivan | — | Yea |
| Molaro | — | Yea |
| Morrow | — | Yea |
| Munson | — | Yea |
| Myers | — | Yea |
| Howard | — | Yea |
| Novak | — | Yea |
| O'Brien | — | Yea |
| Osmond | — | Yea |
| Pankau | — | Yea |
| Watson | — | Yea |
| Jones | — | Yea |
| Tenhouse | — | Yea |
| Turner | — | Yea |
| Davis, Monique | — | Yea |
| Davis, Steve | — | Yea |
| Verschoore | — | Yea |
| Wait | — | Yea |
| Washington | — | Yea |
| Winters | — | Yea |
| Wirsing | — | Yea |
| Yarbrough | — | Yea |
| Churchill | — | Yea |
| Colvin | — | Yea |
| Coulson | — | Yea |
| Cross | — | Yea |
| Cultra | — | Yea |
| Currie | — | Yea |
| Daniels | — | Yea |
| Hassert | — | Yea |
| Holbrook | — | Yea |
| Hultgren | — | Yea |
| Jakobsson | — | Yea |
| Kosel | — | Yea |
| Pihos | — | Yea |
| Poe | — | 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 | Yea |
| William "Will" Davis | Democrat | Yea |
| Brad Stephens | Republican | Yea |
| Chapin Rose | Republican | Yea |
| Chris Miller | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 50 | 0 | 0 | 1 |
| Democrat | 6 | 0 | 0 | 1 |
| Republican | 1 | 0 | 0 | 0 |
| Total | 57 | 0 | 0 | 2 |
| % of votes cast | 97% | 0% | 0% | 3% |
How each member voted (59)
| Member | Party | Vote |
|---|---|---|
| Sandoval | — | Yea |
| Sieben | — | Yea |
| Soden | — | Yea |
| Luechtefeld | — | Yea |
| Althoff | — | Yea |
| Martinez | — | Yea |
| Bomke | — | Yea |
| Burzynski | — | Yea |
| Geo-Karis | — | Yea |
| Halvorson | — | Yea |
| Jones, J. | — | Yea |
| Lauzen | — | Not Voting |
| Jones, W. | — | Yea |
| Watson | — | Yea |
| Cullerton | — | Yea |
| Demuzio | — | Yea |
| Link | — | Yea |
| Maloney | — | Yea |
| Meeks | — | Yea |
| Schoenberg | — | Yea |
| Shadid | — | Yea |
| Viverito | — | Yea |
| Winkel | — | Yea |
| Wojcik | — | Yea |
| Woolard | — | Yea |
| Cronin | — | Yea |
| Crotty | — | Yea |
| DeLeo | — | Yea |
| Dillard | — | Yea |
| Garrett | — | Yea |
| Obama | — | Yea |
| Radogno | — | Yea |
| Munoz | — | Yea |
| Silverstein | — | Yea |
| Trotter | — | Yea |
| Sullivan, D. | — | Yea |
| Brady | — | Yea |
| Sullivan, J. | — | Yea |
| Petka | — | Yea |
| Jacobs | — | Yea |
| Clayborne | — | Yea |
| Haine | — | Yea |
| Hendon | — | Yea |
| Peterson | — | Yea |
| Rauschenberger | — | Yea |
| Righter | — | Yea |
| Risinger | — | Yea |
| Ronen | — | Yea |
| Roskam | — | Yea |
| Rutherford | — | Yea |
| del Valle | — | Yea |
| Don Harmon | Democrat | Yea |
| Emanuel "Chris" Welch | Democrat | Yea |
| Emil Jones, III | Democrat | Not Voting |
| Kimberly A. Lightford | Democrat | Yea |
| Lakesia Collins | Democrat | Yea |
| Lawrence "Larry" Walsh, Jr. | Democrat | Yea |
| Mattie Hunter | Democrat | Yea |
| Dave Syverson | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 84 | 9 | 0 | 13 |
| Democrat | 9 | 0 | 0 | 0 |
| Republican | 2 | 0 | 0 | 1 |
| Total | 95 | 9 | 0 | 14 |
| % of votes cast | 81% | 8% | 0% | 12% |
How each member voted (118)
| Member | Party | Vote |
|---|---|---|
| Saviano | — | Yea |
| Schmitz | — | Not Voting |
| Scully | — | Yea |
| Slone | — | Yea |
| Soto | — | Yea |
| Leitch | — | Nay |
| Acevedo | — | Yea |
| Aguilar | — | Yea |
| Beaubien | — | Nay |
| Bassi | — | Yea |
| Bellock | — | Yea |
| Berrios | — | Yea |
| Mautino | — | Yea |
| Biggins | — | Nay |
| Black | — | Not Voting |
| Boland | — | Yea |
| May | — | Yea |
| Bost | — | Not Voting |
| Brauer | — | Yea |
| Brosnahan | — | Yea |
| Capparelli | — | Yea |
| McAuliffe | — | Yea |
| Mulligan | — | Yea |
| Granberg | — | Yea |
| Jefferson | — | Yea |
| Novak | — | Yea |
| Parke | — | Not Voting |
| Lindner | — | Yea |
| Pihos | — | Yea |
| Lyons, Eileen | — | Yea |
| Dunkin | — | Yea |
| Bailey | — | Yea |
| Lyons, Joseph | — | Yea |
| Mathias | — | Yea |
| McCarthy | — | Yea |
| Reitz | — | Yea |
| McKeon | — | Yea |
| Mendoza | — | Yea |
| Meyer | — | Yea |
| Millner | — | Yea |
| Moffitt | — | Yea |
| Molaro | — | Yea |
| McGuire | — | Yea |
| Morrow | — | Yea |
| Myers | — | Yea |
| Nekritz | — | Yea |
| O'Brien | — | Yea |
| Bradley, Richard | — | Yea |
| Tenhouse | — | Yea |
| Turner | — | Yea |
| Hannig | — | Yea |
| Verschoore | — | Yea |
| Mitchell, Bill | — | Yea |
| Wait | — | Yea |
| Burke | — | Yea |
| Mitchell, Jerry | — | Yea |
| Washington | — | Yea |
| Wirsing | — | Yea |
| Howard | — | Yea |
| Watson | — | Yea |
| Jones | — | Yea |
| Churchill | — | Yea |
| Colvin | — | Yea |
| Coulson | — | Yea |
| Currie | — | Yea |
| Flider | — | Yea |
| Flowers | — | Yea |
| Forby | — | Yea |
| Franks | — | Yea |
| Froehlich | — | Yea |
| Giles | — | Yea |
| Graham | — | Yea |
| Hamos | — | Yea |
| Hartke | — | Yea |
| Holbrook | — | Yea |
| Jakobsson | — | Yea |
| Krause | — | Yea |
| Davis, Monique | — | Yea |
| Davis, Steve | — | Yea |
| Kurtz | — | Yea |
| Lang | — | Yea |
| Madigan | — | Yea |
| Sullivan | — | Nay |
| Brady | — | Not Voting |
| Munson | — | Nay |
| Osmond | — | Nay |
| Osterman | — | Yea |
| Pankau | — | Yea |
| Sommer | — | Not Voting |
| Winters | — | Not Voting |
| Yarbrough | — | Yea |
| Younge | — | Not Voting |
| Cross | — | Not Voting |
| Cultra | — | Nay |
| Daniels | — | Yea |
| Dunn | — | Nay |
| Eddy | — | Nay |
| Fritchey | — | Not Voting |
| Hassert | — | Not Voting |
| Hultgren | — | Not Voting |
| Kosel | — | Not Voting |
| Phelps | — | Yea |
| Poe | — | 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 | Yea |
| William "Will" Davis | Democrat | Yea |
| Brad Stephens | Republican | Not Voting |
| Chapin Rose | Republican | Yea |
| Chris Miller | Republican | Yea |
Subjects
Frequently asked questions
- What does HB 3142 do?
- Creates the Accountability for the Investment of Public Funds Act. Provides that each State agency shall make information available on the Internet concerning the investment of any public funds held by that State agency.
- Who sponsors HB 3142?
- HB 3142 is sponsored by Jack D. Franks.
- What is the current status of HB 3142?
- This bill has been enacted into law. Introduced February 27, 2003. Enacted.
- Where can I track HB 3142?
- Track HB 3142 free on One Click Politics — get push/email alerts when it moves.
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