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SB 3086

Illinois Senate bill in Session 104.

Status: passed_upper. Latest action: May 14, 2026.

STATE PERMITTED INVESTMENTS.

Bill ID IL-104-SB-3086
Session 104
Status passed_upper
Committee Rules Committee
Senate passed_upper 2026-05-14
Summary

Amends the Deposit of State Moneys Act. Provides that the State Treasurer may invest or reinvest any State money in private placement fixed income securities that are exempt from the registration requirements of the Securities and Exchange Commission if specified conditions are satisfied. Effective immediately.

Sponsor
Ram Villivalam
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-29 Introduced Bill introduced
2026-05-14 Status passed_upper
2026-05-14 Latest Action 5/14/2026 - House:
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