HB1447

PUBLIC FUNDS-ONLINE INFO

Complete·8/15/25

Illinois HB1447 mandates State agencies to publish monthly updates on public fund investments online.

HB1447 amends the Accountability for the Investment of Public Funds Act, requiring each State agency to publish online, and update monthly, information about the investment of public funds. This includes the amount of funds held, total monthly investment income, asset allocation, and a list of approved financial institutions. The updates must be available by the end of each month.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

DDD
3
0
Democratic CaucusRepublican Caucus

Roll Call Votes

58 Yea

DRDRRDRDRRRDRDDDDRDRDRRDDDDDDDRDDDDDDDDDRDDDDDDDRDRRDRDRDD

0 Nay

1 Not Voting

D

Calendar

Feb 26, 2025

2:00 PM

State Government Administration Committee Hearing

History

Aug 15, 2025

House

Governor Approved

Aug 15, 2025

House

Effective Date August 15, 2025

Aug 15, 2025

House

Public Act . . . . . . . . . 104-0182