SB1301 — FUNDS-COMMUNITY REINVESTMENT
Last action — Public Act . . . . . . . . . 104-0092
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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5To Executive
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6Enacted
This bill has been sent to the executive. Introduced January 28, 2025. It awaits signature.
Next likely step: the executive signs it into law or issues a veto.
Odds of enactment
Moderate chanceBased on the sponsor, cosponsors, and committee posture, this bill has a moderate chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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To Executive
Current position in the legislative process.
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6 sponsors
1 primary, 5 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (4 D).
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Cleared a recorded vote
Passed 4 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
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 SB1301 on the official Illinois source →Action History
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Public Act . . . . . . . . . 104-0092
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Effective Date January 1, 2026
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Governor Approved
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Sent to the Governor
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Added Alternate Co-Sponsor Rep. Thaddeus Jones
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Passed Both Houses
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Third Reading - Short Debate - Passed 108-000-000
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Added Alternate Chief Co-Sponsor Rep. Camille Y. Lilly
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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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Placed on Calendar 2nd Reading - Short Debate
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Do Pass / Short Debate Financial Institutions and Licensing Committee; 011-000-000
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Assigned to Financial Institutions and Licensing Committee
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Referred to Rules Committee
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First Reading
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Chief House Sponsor Rep. Kimberly Du Buclet
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Arrived in House
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Third Reading - Passed; 056-000-000
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Placed on Calendar Order of 3rd Reading
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Placed on Calendar Order of 3rd Reading **
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Added as Co-Sponsor Sen. Kimberly A. Lightford
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Placed on Calendar Order of 3rd Reading March 6, 2025
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Second Reading
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Added as Chief Co-Sponsor Sen. Mark L. Walker
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Placed on Calendar Order of 2nd Reading February 27, 2025
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Do Pass as Amended Financial Institutions; 008-000-000
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Senate Committee Amendment No. 1 Adopted
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Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
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Senate Committee Amendment No. 1 Referred to Assignments
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Senate Committee Amendment No. 1 Filed with Secretary by Sen. Mattie Hunter
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Postponed - Financial Institutions
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Assigned to Financial Institutions
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Referred to Assignments
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First Reading
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Filed with Secretary by Sen. Mattie Hunter
Sponsors
- Kimberly Du Buclet · Cosponsor
- Camille Y. Lilly · Cosponsor
- Mattie Hunter · Primary
- Mark L. Walker · Cosponsor
- Kimberly A. Lightford · Cosponsor
- III Emil Jones · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 5 co-sponsors · 177 not signed on
Sponsors (1)
- Mattie Hunter Democrat
Co-sponsors (5)
- Kimberly Du Buclet
- Camille Y. Lilly
- Mark L. Walker Democrat
- Kimberly A. Lightford Democrat
- Emil Jones, III Democrat
Not signed on (177)
177 members have not signed on to this bill.
Show all 177 →"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 |
|---|---|---|---|---|
| Democrat | 68 | 0 | 0 | 6 |
| Republican | 35 | 0 | 0 | 4 |
| Unaffiliated | 4 | 0 | 0 | 0 |
| Total | 107 | 0 | 0 | 10 |
| % of votes cast | 91% | 0% | 0% | 9% |
How each member voted (117)
| Member | Party | Vote |
|---|---|---|
| Jacobs | — | Yea |
| 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 | Not Voting |
| 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 | Not Voting |
| Maurice A. West, II | Democrat | Yea |
| Michael Crawford | Democrat | Yea |
| Michael J. Kelly | Democrat | Yea |
| Michelle Mussman | Democrat | Yea |
| Nabeela Syed | Democrat | Not Voting |
| Natalie A. Manley | Democrat | Not Voting |
| 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 | Yea |
| Amy Elik | Republican | Yea |
| Amy L. Grant | Republican | Yea |
| Blaine Wilhour | Republican | Yea |
| Brad Halbrook | Republican | Yea |
| Brad Stephens | Republican | Not Voting |
| Bradley Fritts | Republican | Yea |
| Brandun Schweizer | Republican | Yea |
| Charles Meier | Republican | Yea |
| Chris Miller | Republican | Yea |
| Christopher "C.D." Davidsmeyer | Republican | Yea |
| Dan Swanson | Republican | Yea |
| Daniel J. Ugaste | Republican | Yea |
| Dave Severin | Republican | Yea |
| David Friess | Republican | Not Voting |
| Dennis Tipsword | Republican | Not Voting |
| Jackie Haas | Republican | Yea |
| Jason R. Bunting | Republican | Yea |
| Jed Davis | Republican | Yea |
| Jeff Keicher | Republican | Not Voting |
| Jennifer Sanalitro | Republican | Yea |
| Joe C. Sosnowski | Republican | Yea |
| John M. Cabello | Republican | Yea |
| Kevin Schmidt | Republican | Yea |
| Kyle Moore | Republican | Yea |
| Martin McLaughlin | Republican | Yea |
| Michael J. Coffey, Jr. | Republican | Yea |
| Nicole La Ha | Republican | Yea |
| Norine K. Hammond | Republican | Yea |
| Patrick Sheehan | Republican | Yea |
| Patrick Windhorst | Republican | Yea |
| Regan Deering | Republican | Yea |
| Ryan Spain | Republican | Yea |
| Steven Reick | Republican | Yea |
| Tom Weber | Republican | Yea |
| Tony M. McCombie | Republican | Yea |
| Travis Weaver | Republican | Yea |
| Wayne A. Rosenthal | Republican | Yea |
| William E Hauter | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 8 | 0 | 0 | 0 |
| Republican | 3 | 0 | 0 | 1 |
| Total | 11 | 0 | 0 | 1 |
| % of votes cast | 92% | 0% | 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 | Yea |
| Christopher "C.D." Davidsmeyer | Republican | Yea |
| Daniel J. Ugaste | Republican | Yea |
| Michael J. Coffey, Jr. | Republican | Yea |
| Ryan Spain | Republican | Not Voting |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 19 | 0 | 0 | 0 |
| Democrat | 35 | 0 | 0 | 3 |
| Unaffiliated | 1 | 0 | 0 | 0 |
| Total | 55 | 0 | 0 | 3 |
| % of votes cast | 95% | 0% | 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 | Yea |
| 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 | Not Voting |
| Meg Loughran Cappel | Democrat | Yea |
| 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 | Not Voting |
| Patrick J. Joyce | Democrat | Yea |
| 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 | Yea |
| Suzy Glowiak Hilton | Democrat | Yea |
| Thaddeus Jones | Democrat | Not Voting |
| Willie Preston | Democrat | Yea |
| Andrew S. Chesney | Republican | Yea |
| Chapin Rose | Republican | Yea |
| Chris Balkema | Republican | Yea |
| Craig Wilcox | Republican | Yea |
| Dale Fowler | Republican | Yea |
| Darby A. Hills | Republican | Yea |
| Dave Syverson | Republican | Yea |
| Donald P. DeWitte | Republican | Yea |
| Erica Harriss | Republican | Yea |
| Jason Plummer | Republican | Yea |
| Jil Tracy | Republican | Yea |
| John F. Curran | Republican | Yea |
| Li Arellano, Jr. | Republican | Yea |
| Neil Anderson | Republican | Yea |
| Sally J. Turner | Republican | Yea |
| Seth Lewis | Republican | Yea |
| Steve McClure | Republican | Yea |
| Sue Rezin | Republican | Yea |
| Terri Bryant | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 5 | 0 | 0 | 1 |
| Republican | 2 | 0 | 0 | 1 |
| Total | 7 | 0 | 0 | 2 |
| % of votes cast | 78% | 0% | 0% | 22% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Laura Ellman | Democrat | Yea |
| Mark L. Walker | Democrat | Yea |
| Rachel Ventura | Democrat | Yea |
| Robert F. Martwick | Democrat | Yea |
| Steve Stadelman | Democrat | Yea |
| Willie Preston | Democrat | Not Voting |
| Chapin Rose | Republican | Not Voting |
| Jason Plummer | Republican | Yea |
| Seth Lewis | Republican | Yea |
Subjects
Frequently asked questions
- What does SB1301 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 SB1301 ?
- SB1301 is sponsored by Kimberly Du Buclet, Camille Y. Lilly, Mattie Hunter (Democrat), Mark L. Walker (Democrat), Kimberly A. Lightford (Democrat), and Emil Jones, III (Democrat).
- What is the current status of SB1301 ?
- This bill has been sent to the executive. Introduced January 28, 2025. It awaits signature.
- Where can I track SB1301 ?
- Track SB1301 free on One Click Politics — get push/email alerts when it moves.
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