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SB1301Introduced in the Senate

FUNDS-COMMUNITY REINVESTMENT

Passed

Introduced by Mattie Hunter, District 3

What does this bill do?

Plain-English breakdown

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Official description

Reinserts the provisions of the introduced bill with the following changes. Provides that State and public funds that have been deposited may not be withdrawn from a financial institution prior to the date of maturity solely on the basis of a less than satisfactory rating under the Illinois Community Reinvestment Act. Makes other changes. Effective January 1, 2026.

Where it stands

Public Act . . . . . . . . . 104-0092

August 1, 2025

How did lawmakers vote?

House votes

2 recorded votes · each counted separately

Senate votes

3 recorded votes · each counted separately

HouseStage: Third Reading in House · May 21, 2025

108

Yes

0

No

3

Absent or Not Voting

111 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

How would you vote on this bill?

An unofficial public opinion poll. It does not affect the bill or the official vote.

One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.

See how each representative voted

Bill history

  1. Filed with Secretary by Sen. Mattie Hunter

  2. First Reading

  3. Referred to Assignments

  4. Assigned to Financial Institutions

  5. Postponed - Financial Institutions

  6. Senate Committee Amendment No. 1 Filed with Secretary by Sen. Mattie Hunter

  7. Senate Committee Amendment No. 1 Referred to Assignments

  8. Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions

  9. Senate Committee Amendment No. 1 Adopted

  10. Do Pass as Amended Financial Institutions; 008-000-000

  11. Placed on Calendar Order of 2nd Reading February 27, 2025

  12. Added as Chief Co-Sponsor Sen. Mark L. Walker

  13. Second Reading

  14. Placed on Calendar Order of 3rd Reading March 6, 2025

  15. Added as Co-Sponsor Sen. Kimberly A. Lightford

  16. Placed on Calendar Order of 3rd Reading **

  17. Placed on Calendar Order of 3rd Reading

  18. Third Reading - Passed; 056-000-000

  19. Arrived in House

  20. Chief House Sponsor Rep. Kimberly Du Buclet

  21. First Reading

  22. Referred to Rules Committee

  23. Assigned to Financial Institutions and Licensing Committee

  24. Do Pass / Short Debate Financial Institutions and Licensing Committee; 011-000-000

  25. Placed on Calendar 2nd Reading - Short Debate

  26. Second Reading - Short Debate

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

  28. Added Alternate Chief Co-Sponsor Rep. Camille Y. Lilly

  29. Third Reading - Short Debate - Passed 108-000-000

  30. Passed Both Houses

  31. Added Alternate Co-Sponsor Rep. Thaddeus Jones

  32. Sent to the Governor

  33. Governor Approved

  34. Effective Date January 1, 2026

  35. Public Act . . . . . . . . . 104-0092

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