Sunday, Nov. 22, 2009

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Bill Information Bill Number: HB0177 Title: Public Funds Investment Act Sponsor: Riley (D) Location: To Governor Summary: Amends the Public Funds Investment Act. Provides that public agencies may invest public funds in short-term obligations of corporations organized in the United States with assets that exceed a specified amount, if the obligations mature within a specified number of days. Provides that public agencies may invest in bond,notes, debentures, or similar obligations of the United States of America, its agencies, and its instrumentalities. Category: Budget Last Updated: 2009-07-28 More Information: http://www.ilga.gov/legislation/billstatus.asp?DocNum=0177&GAID=10&GA=96&DocTypeID=HB&LegID=40194&SessionID=76

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