Illinois 104th General Assembly Status: To Executive 13 D cosponsors

HB1700      — FUNDS-COMMUNITY REINVESTMENT

Last action — Public Act . . . . . . . . . 104-0477

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

This bill has been sent to the executive. Introduced January 24, 2025. It awaits signature.

Next likely step: the executive signs it into law or issues a veto.

Prognosis

Likely to advance 74% · moderate confidence

Where this bill stands today.

Odds of enactment

Moderate

How often bills like it became law.

  • To Executive

    Current position in the legislative process.

  • 15 sponsors

    1 primary, 14 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (13 D).

  • Cleared a recorded vote

    Passed 5 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.

In plain language

The bill regulates state fund deposits based on financial institutions' community reinvestment ratings.

This bill amends existing laws to require that state and public funds can only be deposited in financial institutions with satisfactory community reinvestment ratings. Starting January 1, 2026, institutions must have a current satisfactory or outstanding rating to receive such deposits.

Summary

Amends the Deposit of State Moneys Act and the Public Funds Investment Act. Provides that the State Treasurer or any public agency may consider the current and historical ratings that a financial institution has received under the Illinois Community Reinvestment Act when deciding whether to deposit State or public funds in that financial institution. Provides that, effective January 1, 2026, no State or public funds may be deposited in a financial institution subject to the Illinois Community Reinvestment Act unless either (i) the institution has a current rating of satisfactory or outstanding under the Illinois Community Reinvestment Act or (ii) the Department of Financial and Professional Regulation has not yet completed its initial examination of the institution pursuant to the Illinois Community Reinvestment Act. Makes conforming changes. Effective January 1, 2026.

Bill Text

We don't have the full text on file for this bill yet.

Read HB1700 on the official Illinois source →

Action History

  1. Public Act . . . . . . . . . 104-0477

  2. Effective Date June 26, 2026

  3. Governor Approved

  4. Sent to the Governor

  5. Passed Both Houses

  6. House Concurs

  7. Senate Floor Amendment No. 4 House Concurs 075-039-000

  8. Senate Floor Amendment No. 3 House Concurs 075-039-000

  9. Senate Committee Amendment No. 1 House Concurs 075-039-000

  10. Senate Floor Amendment No. 4 Motion to Concur Recommends Be Adopted Rules Committee; 005-000-000

  11. Senate Floor Amendment No. 3 Motion to Concur Recommends Be Adopted Rules Committee; 005-000-000

  12. Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Rules Committee; 005-000-000

  13. Senate Floor Amendment No. 4 Motion to Concur Referred to Rules Committee

  14. Senate Floor Amendment No. 3 Motion to Concur Referred to Rules Committee

  15. Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee

  16. Senate Floor Amendment No. 4 Motion Filed Concur Rep. Ann M. Williams

  17. Senate Floor Amendment No. 3 Motion Filed Concur Rep. Ann M. Williams

  18. Senate Committee Amendment No. 1 Motion Filed Concur Rep. Ann M. Williams

  19. Placed on Calendar Order of Concurrence Senate Amendment(s) 1, 3, 4

  20. Arrived in House

  21. Added as Alternate Co-Sponsor Sen. Mattie Hunter

  22. Senate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a)

  23. Third Reading - Passed; 036-020-000

  24. Placed on Calendar Order of 3rd Reading

  25. Senate Floor Amendment No. 4 Adopted; Stadelman

  26. Senate Floor Amendment No. 3 Adopted; Stadelman

  27. Recalled to Second Reading

  28. Alternate Chief Sponsor Changed to Sen. Steve Stadelman

  29. Senate Floor Amendment No. 4 Be Approved for Consideration Assignments

  30. Senate Floor Amendment No. 3 Be Approved for Consideration Assignments

  31. Senate Floor Amendment No. 4 Referred to Assignments

  32. Senate Floor Amendment No. 4 Filed with Secretary by Sen. Steve Stadelman

  33. Senate Floor Amendment No. 3 Referred to Assignments

  34. Senate Floor Amendment No. 3 Filed with Secretary by Sen. Steve Stadelman

  35. Chief Sponsor Changed to Rep. Ann M. Williams

  36. Senate Floor Amendment No. 2 Referred to Assignments

  37. Senate Floor Amendment No. 2 Filed with Secretary by Sen. Steve Stadelman

  38. Rule 2-10 Third Reading Deadline Established As May 31, 2026

  39. Placed on Calendar Order of 3rd Reading May 21, 2026

  40. Approved for Consideration Assignments

  41. Pursuant to Senate Rule 3-9(b) / Referred to Assignments

  42. Placed on Calendar Order of 3rd Reading October 15, 2025

  43. Approved for Consideration Assignments

  44. Rule 3-9(a) / Re-referred to Assignments

  45. Rule 2-10 Third Reading/Passage Deadline Established As June 1, 2025

  46. Placed on Calendar Order of 3rd Reading May 20, 2025

  47. Second Reading

  48. Placed on Calendar Order of 2nd Reading

  49. Do Pass as Amended Executive; 009-004-000

  50. Senate Committee Amendment No. 1 Adopted

  51. Senate Committee Amendment No. 1 Assignments Refers to Executive

  52. Alternate Chief Sponsor Changed to Sen. Don Harmon

  53. Senate Committee Amendment No. 1 Referred to Assignments

  54. Senate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon

  55. Rule 2-10 Committee Deadline Established As May 23, 2025

  56. Assigned to Executive

  57. Referred to Assignments

  58. First Reading

  59. Chief Senate Sponsor Sen. Mattie Hunter

  60. Added Co-Sponsor Rep. Hoan Huynh

  61. Placed on Calendar Order of First Reading April 10, 2025

  62. Arrive in Senate

  63. Added Co-Sponsor Rep. Yolonda Morris

  64. Added Chief Co-Sponsor Rep. Jehan Gordon-Booth

  65. Third Reading - Short Debate - Passed 084-030-001

  66. Added Co-Sponsor Rep. Emanuel "Chris" Welch

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

  68. Second Reading - Short Debate

  69. Added Co-Sponsor Rep. Lisa Davis

  70. Placed on Calendar 2nd Reading - Short Debate

  71. Do Pass as Amended / Short Debate Financial Institutions and Licensing Committee; 009-002-000

  72. House Committee Amendment No. 1 Adopted in Financial Institutions and Licensing Committee; by Voice Vote

  73. Added Co-Sponsor Rep. Michael Crawford

  74. Added Co-Sponsor Rep. Justin Slaughter

  75. Added Co-Sponsor Rep. William "Will" Davis

  76. Added Chief Co-Sponsor Rep. Camille Y. Lilly

  77. Added Chief Co-Sponsor Rep. Sonya M. Harper

  78. Added Co-Sponsor Rep. Suzanne M. Ness

  79. Added Co-Sponsor Rep. Debbie Meyers-Martin

  80. House Committee Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee

  81. House Committee Amendment No. 1 Referred to Rules Committee

  82. House Committee Amendment No. 1 Filed with Clerk by Rep. Kimberly Du Buclet

  83. Assigned to Financial Institutions and Licensing Committee

  84. Referred to Rules Committee

  85. First Reading

  86. Filed with the Clerk by Rep. Kimberly Du Buclet

Sponsors

Sponsorship breakdown

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1 sponsors · 14 co-sponsors · 168 not signed on · 60 voted No

Sponsors (1)

Co-sponsors (14)

Not signed on (168)

168 members have not signed on to this bill.

Show all 168 →

"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

Concurrence

Passed 75 Yea · 39 Nay
Party YeaNayPresentNot Voting
Democrat 71103
Republican 13701
Unaffiliated 2100
Total 743904
% of votes cast 63%33%0%3%
How each member voted (117)
Member Party Vote
Jacobs — Nay
Johnson — Yea
Hernandez, Lisa — Yea
Aarón M. Ortíz Democrat Yea
Abdelnasser Rashid Democrat Yea
Amy Briel Democrat Yea
Angelica Guerrero-Cuellar Democrat Yea
Ann M. Williams Democrat Yea
Anna Moeller Democrat Yea
Anne Stava Democrat Yea
Anthony DeLuca Democrat Nay
Barbara Hernandez Democrat Yea
Bob Morgan Democrat Yea
Camille Y. Lilly Democrat Yea
Carol Ammons Democrat Yea
Curtis J. Tarver, II Democrat Yea
Dagmara Avelar Democrat Yea
Daniel Didech Democrat Yea
Dave Vella Democrat Yea
Debbie Meyers-Martin Democrat Not Voting
Diane Blair-Sherlock Democrat Yea
Edgar González, Jr. Democrat Yea
Eva-Dina Delgado Democrat Yea
Fred Crespo Democrat Yea
Harry Benton Democrat Yea
Hoan Huynh Democrat Yea
Jaime M. Andrade, Jr. Democrat Yea
Janet Yang Rohr Democrat Yea
Jawaharial Williams Democrat Yea
Jay Hoffman Democrat Yea
Jehan Gordon-Booth Democrat Yea
Jennifer Gong-Gershowitz Democrat Yea
Joyce Mason Democrat Not Voting
Justin Cochran Democrat Yea
Justin Slaughter Democrat Yea
Kam Buckner Democrat Yea
Katie Stuart Democrat Yea
Kelly M. Cassidy Democrat Yea
Kevin John Olickal Democrat Yea
Kimberly Du Buclet Democrat Yea
La Shawn K. Ford Democrat Yea
Laura Faver Dias Democrat Yea
Lawrence "Larry" Walsh, Jr. Democrat Not Voting
Lilian Jiménez Democrat Yea
Lindsey LaPointe Democrat Yea
Lisa Davis Democrat Yea
Marcus C. Evans, Jr. Democrat Yea
Margaret A. DeLaRosa Democrat Yea
Margaret Croke Democrat Yea
Martha Deuter Democrat Yea
Mary Beth Canty Democrat Yea
Mary Gill Democrat Yea
Matt Hanson Democrat Yea
Maura Hirschauer Democrat Yea
Maurice A. West, II Democrat Yea
Michael Crawford Democrat Yea
Michael J. Kelly Democrat Yea
Michelle Mussman Democrat Yea
Nabeela Syed Democrat Yea
Natalie A. Manley Democrat Yea
Nicholas K. Smith Democrat Yea
Nicolle Grasse Democrat Yea
Norma Hernandez Democrat Yea
Rick Ryan Democrat Yea
Rita Mayfield Democrat Yea
Robert "Bob" Rita Democrat Yea
Robyn Gabel Democrat Yea
Sharon Chung Democrat Yea
Sonya M. Harper Democrat Yea
Stephanie A. Kifowit Democrat Yea
Sue Scherer Democrat Yea
Suzanne M. Ness Democrat Yea
Thaddeus Jones Democrat Yea
Theresa Mah Democrat Yea
Tracy Katz Muhl Democrat Yea
Will Guzzardi Democrat Yea
William "Will" Davis Democrat Yea
Yolonda Morris Democrat Yea
Adam M. Niemerg Republican Nay
Amy Elik Republican Nay
Amy L. Grant Republican Not Voting
Blaine Wilhour Republican Nay
Brad Halbrook Republican Nay
Brad Stephens Republican Nay
Bradley Fritts Republican Nay
Brandun Schweizer Republican Nay
Charles Meier Republican Nay
Chris Miller Republican Nay
Christopher "C.D." Davidsmeyer Republican Nay
Dan Swanson Republican Nay
Daniel J. Ugaste Republican Nay
Dave Severin Republican Nay
David Friess Republican Nay
Dennis Tipsword Republican Nay
Jackie Haas Republican Nay
Jason R. Bunting Republican Nay
Jed Davis Republican Nay
Jeff Keicher Republican Yea
Jennifer Sanalitro Republican Nay
Joe C. Sosnowski Republican Nay
John M. Cabello Republican Nay
Kevin Schmidt Republican Nay
Kyle Moore Republican Nay
Martin McLaughlin Republican Nay
Michael J. Coffey, Jr. Republican Nay
Nicole La Ha Republican Nay
Norine K. Hammond Republican Nay
Patrick Sheehan Republican Nay
Patrick Windhorst Republican Nay
Regan Deering Republican Nay
Ryan Spain Republican Nay
Steven Reick Republican Nay
Tom Weber Republican Nay
Tony M. McCombie Republican Nay
Travis Weaver Republican Nay
Wayne A. Rosenthal Republican Nay
William E Hauter Republican Nay

Official roll call →

Third Reading

Passed 36 Yea · 20 Nay
Party YeaNayPresentNot Voting
Democrat 34103
Republican 01900
Unaffiliated 1000
Total 352003
% of votes cast 60%34%0%5%
How each member voted (58)
Member Party Vote
Johnson — Yea
Bill Cunningham Democrat Yea
Celina Villanueva Democrat Yea
Christopher Belt Democrat Yea
Cristina Castro Democrat Yea
David Koehler Democrat Yea
Doris Turner Democrat Not Voting
Elgie R. Sims, Jr. Democrat Yea
Graciela Guzmán Democrat Yea
Javier L. Cervantes Democrat Yea
Julie A. Morrison Democrat Yea
Karina Villa Democrat Yea
Kimberly A. Lightford Democrat Yea
Lakesia Collins Democrat Yea
Laura Ellman Democrat Yea
Laura Fine Democrat Yea
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Mark L. Walker Democrat Yea
Mary Edly-Allen Democrat Yea
Mattie Hunter Democrat Yea
Meg Loughran Cappel Democrat Not Voting
Michael E. Hastings Democrat Yea
Michael W. Halpin Democrat Yea
Mike Porfirio Democrat Yea
Mike Simmons Democrat Yea
Napoleon Harris III Democrat Yea
Omar Aquino Democrat Yea
Patrick J. Joyce Democrat Nay
Paul Faraci Democrat Yea
Rachel Ventura Democrat Yea
Ram Villivalam Democrat Yea
Robert F. Martwick Democrat Yea
Robert Peters Democrat Yea
Sara Feigenholtz Democrat Yea
Steve Stadelman Democrat Not Voting
Suzy Glowiak Hilton Democrat Yea
Thaddeus Jones Democrat Yea
Willie Preston Democrat Yea
Andrew S. Chesney Republican Nay
Chapin Rose Republican Nay
Chris Balkema Republican Nay
Craig Wilcox Republican Nay
Dale Fowler Republican Nay
Darby A. Hills Republican Nay
Dave Syverson Republican Nay
Donald P. DeWitte Republican Nay
Erica Harriss Republican Nay
Jason Plummer Republican Nay
Jil Tracy Republican Nay
John F. Curran Republican Nay
Li Arellano, Jr. Republican Nay
Neil Anderson Republican Nay
Sally J. Turner Republican Nay
Seth Lewis Republican Nay
Steve McClure Republican Nay
Sue Rezin Republican Nay
Terri Bryant Republican Nay

Official roll call →

Executive

Passed 13 Yea · 0 Nay
Party YeaNayPresentNot Voting
Republican 4000
Democrat 8000
Unaffiliated 1000
Total 13000
% of votes cast 100%0%0%0%
How each member voted (13)
Member Party Vote
Harris III, Napoleon — Yea
Bill Cunningham Democrat Yea
Cristina Castro Democrat Yea
Don Harmon Democrat Yea
Elgie R. Sims, Jr. Democrat Yea
Kimberly A. Lightford Democrat Yea
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Omar Aquino Democrat Yea
Jil Tracy Republican Yea
John F. Curran Republican Yea
Neil Anderson Republican Yea
Terri Bryant Republican Yea

Official roll call →

Third Reading

Passed 84 Yea · 30 Nay · 1 Other
Party YeaNayPresentNot Voting
Democrat 72002
Republican 82902
Unaffiliated 3100
Total 833004
% of votes cast 71%26%0%3%
How each member voted (117)
Member Party Vote
Jacobs — Nay
Johnson — Yea
Stava-Murray — Yea
Hernandez, Lisa — Yea
Aarón M. Ortíz Democrat Yea
Abdelnasser Rashid Democrat Yea
Amy Briel Democrat Yea
Angelica Guerrero-Cuellar Democrat Yea
Ann M. Williams Democrat Yea
Anna Moeller Democrat Yea
Anthony DeLuca Democrat Yea
Barbara Hernandez Democrat Yea
Bob Morgan Democrat Yea
Camille Y. Lilly Democrat Yea
Carol Ammons Democrat Not Voting
Curtis J. Tarver, II Democrat Yea
Dagmara Avelar Democrat Yea
Daniel Didech Democrat Yea
Dave Vella Democrat Yea
Debbie Meyers-Martin Democrat Yea
Diane Blair-Sherlock Democrat Yea
Edgar González, Jr. Democrat Yea
Eva-Dina Delgado Democrat Yea
Fred Crespo Democrat Yea
Harry Benton Democrat Yea
Hoan Huynh Democrat Yea
Jaime M. Andrade, Jr. Democrat Yea
Janet Yang Rohr Democrat Yea
Jawaharial Williams Democrat Yea
Jay Hoffman Democrat Yea
Jehan Gordon-Booth Democrat Yea
Jennifer Gong-Gershowitz Democrat Yea
Joyce Mason Democrat Yea
Justin Slaughter Democrat Yea
Kam Buckner Democrat Yea
Katie Stuart Democrat Yea
Kelly M. Cassidy Democrat Yea
Kevin John Olickal Democrat Yea
Kimberly Du Buclet Democrat Yea
La Shawn K. Ford Democrat Yea
Laura Faver Dias Democrat Yea
Lawrence "Larry" Walsh, Jr. Democrat Yea
Lilian Jiménez Democrat Yea
Lindsey LaPointe Democrat Yea
Lisa Davis Democrat Yea
Marcus C. Evans, Jr. Democrat Yea
Margaret Croke Democrat Yea
Martha Deuter Democrat Yea
Martin J. Moylan Democrat Yea
Mary Beth Canty Democrat Yea
Mary Gill Democrat Yea
Matt Hanson Democrat Yea
Maura Hirschauer Democrat Yea
Maurice A. West, II Democrat Yea
Michael Crawford Democrat Yea
Michael J. Kelly Democrat Yea
Michelle Mussman Democrat Yea
Nabeela Syed Democrat Yea
Natalie A. Manley Democrat Yea
Nicholas K. Smith Democrat Yea
Nicolle Grasse Democrat Yea
Norma Hernandez Democrat Yea
Rick Ryan Democrat Yea
Rita Mayfield Democrat Yea
Robert "Bob" Rita Democrat Yea
Robyn Gabel Democrat Yea
Sharon Chung Democrat Yea
Sonya M. Harper Democrat Yea
Stephanie A. Kifowit Democrat Yea
Sue Scherer Democrat Not Voting
Suzanne M. Ness Democrat Yea
Terra Costa Howard Democrat Yea
Thaddeus Jones Democrat Yea
Theresa Mah Democrat Yea
Tracy Katz Muhl Democrat Yea
Will Guzzardi Democrat Yea
William "Will" Davis Democrat Yea
Yolonda Morris Democrat Yea
Adam M. Niemerg Republican Nay
Amy Elik Republican Yea
Amy L. Grant Republican Nay
Blaine Wilhour Republican Nay
Brad Halbrook Republican Nay
Brad Stephens Republican Nay
Bradley Fritts Republican Yea
Brandun Schweizer Republican Nay
Charles Meier Republican Not Voting
Chris Miller Republican Nay
Christopher "C.D." Davidsmeyer Republican Nay
Dan Swanson Republican Yea
Daniel J. Ugaste Republican Nay
Dave Severin Republican Nay
David Friess Republican Nay
Dennis Tipsword Republican Nay
Jackie Haas Republican Nay
Jason R. Bunting Republican Nay
Jed Davis Republican Nay
Jeff Keicher Republican Nay
Jennifer Sanalitro Republican Nay
Joe C. Sosnowski Republican Nay
John M. Cabello Republican Nay
Kevin Schmidt Republican Yea
Kyle Moore Republican Nay
Martin McLaughlin Republican Not Voting
Michael J. Coffey, Jr. Republican Nay
Nicole La Ha Republican Nay
Norine K. Hammond Republican Nay
Patrick Sheehan Republican Yea
Patrick Windhorst Republican Nay
Regan Deering Republican Nay
Ryan Spain Republican Yea
Steven Reick Republican Nay
Tom Weber Republican Nay
Tony M. McCombie Republican Nay
Travis Weaver Republican Yea
Wayne A. Rosenthal Republican Yea
William E Hauter Republican Nay

Official roll call →

Financial Institutions & Licensing

Passed 9 Yea · 2 Nay · 1 Other
Party YeaNayPresentNot Voting
Democrat 7001
Republican 2200
Total 9201
% of votes cast 75%17%0%8%
How each member voted (12)
Member Party Vote
Daniel Didech Democrat Yea
Eva-Dina Delgado Democrat Yea
Jaime M. Andrade, Jr. Democrat Yea
Jennifer Gong-Gershowitz Democrat Yea
Kimberly Du Buclet Democrat Yea
Margaret Croke Democrat Yea
Natalie A. Manley Democrat Yea
Rita Mayfield Democrat Not Voting
Christopher "C.D." Davidsmeyer Republican Nay
Daniel J. Ugaste Republican Nay
Michael J. Coffey, Jr. Republican Yea
Ryan Spain Republican Yea

Official roll call →

Subjects

public-safety finance
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Frequently asked questions

What does HB1700      do?
Amends the Deposit of State Moneys Act and the Public Funds Investment Act. Provides that the State Treasurer or any public agency may consider the current and historical ratings that a financial institution has received under the Illinois Community Reinvestment Act when deciding whether to deposit State or public funds in that financial institution. Provides that, effective January 1, 2026, no State or public funds may be deposited in a financial institution subject to the Illinois Community Reinvestment Act unless either (i) the institution has a current rating of satisfactory or outstanding under the Illinois Community Reinvestment Act or (ii) the Department of Financial and Professional Regulation has not yet completed its initial examination of the institution pursuant to the Illinois Community Reinvestment Act. Makes conforming changes. Effective January 1, 2026.
Who sponsors HB1700     ?
HB1700      is sponsored by Steve Stadelman, Mattie Hunter, Ann M. Williams (Democrat), Sonya M. Harper (Democrat), Camille Y. Lilly (Democrat), Jehan Gordon-Booth (Democrat), Debbie Meyers-Martin (Democrat), Suzanne M. Ness (Democrat), William "Will" Davis (Democrat), Justin Slaughter (Democrat), Michael Crawford (Democrat), Lisa Davis (Democrat), Emanuel "Chris" Welch (Democrat), Yolonda Morris (Democrat), and Hoan Huynh (Democrat).
What is the current status of HB1700     ?
This bill has been sent to the executive. Introduced January 24, 2025. It awaits signature.
Where can I track HB1700     ?
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