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Friday, November 22, 2024

Rep. Morgan-sponsored law creating the Illinois Sustainable Investing Act goes into effect on Jan. 1, 2020

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A new law sponsored by Rep. Bob Morgan (D-58) that was introduced with the purpose of creating the Illinois Sustainable Investing Act went into effect on Jan. 1, 2020, according to the official Illinois General Assembly website.

The legislation was introduced in bill HB2460 on Feb. 7, 2017, when Rep. Kelly M. Cassidy (D-14) filed it with the House clerk.

According to the General Assembly website, the bill as introduced was designed to "create the Illinois Sustainable Investing Act".

After debate, the House passed the bill on April 4, 2019 and it arrived in the House on May 23, 2019, and both chambers agreed to the final version of the legislation on May 29, 2019. The bill was sent to the governor and signed into law on Aug. 23, 2019. The law is scheduled to go into effect on Jan. 1, 2020.

Illinois legislature enacts laws through bills that can be introduced in either the state House of Representatives or the state Senate. Either chamber of the legislature can reject or amend a bill before it becomes law. Legislators sometimes sponsor "shell bills" devoid of substantive provisions, introduced with the intention of being amended later to include actual legislation.

The following table shows the full history of actions on HB2460.

DateChamberAction
2/7/2017HouseFiled with the Clerk by Rep. Kelly M. Cassidy
2/8/2017HouseFirst Reading
2/8/2017HouseReferred to Rules Committee
2/22/2017HouseAssigned to Judiciary - Criminal Committee
3/7/2017HouseDo Pass / Short Debate Judiciary - Criminal Committee; 008-005-000
3/8/2017HousePlaced on Calendar 2nd Reading - Short Debate
3/24/2017HouseHouse Floor Amendment No. 1 Referred to Rules Committee
3/24/2017HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Kelly M. Cassidy
3/27/2017HouseHouse Floor Amendment No. 1 Rules Refers to Judiciary - Criminal Committee
3/29/2017HouseHouse Floor Amendment No. 1 Recommends Be Adopted Judiciary - Criminal Committee; 013-000-000
4/5/2017HouseHouse Floor Amendment No. 1 Adopted
4/5/2017HouseSecond Reading - Short Debate
4/5/2017HousePlaced on Calendar Order of 3rd Reading - Short Debate
4/24/2017HouseAdded Co-Sponsor Rep. Cynthia Soto
4/24/2017HousePlaced on Calendar - Consideration Postponed
4/24/2017HouseAdded Chief Co-Sponsor Rep. Elizabeth Hernandez
4/24/2017HouseThird Reading - Consideration Postponed
4/28/2017HouseRule 19(a) / Re-referred to Rules Committee
1/8/2019HouseSession Sine Die
2/13/2019HouseFirst Reading
2/13/2019HouseReferred to Rules Committee
2/13/2019HouseFiled with the Clerk by Rep. William Davis
2/26/2019HouseAssigned to State Government Administration Committee
3/6/2019HouseDo Pass / Short Debate State Government Administration Committee; 006-004-000
3/7/2019HousePlaced on Calendar 2nd Reading - Short Debate
3/11/2019HouseState Mandates Fiscal Note Requested by Rep. Tom Demmer
3/11/2019HouseFiscal Note Requested by Rep. Tom Demmer
3/14/2019HouseState Mandates Fiscal Note Filed
3/15/2019HouseFiscal Note Filed
3/19/2019HouseSecond Reading - Short Debate
3/19/2019HousePlaced on Calendar Order of 3rd Reading - Short Debate
3/20/2019HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. William Davis
3/20/2019HouseHouse Floor Amendment No. 1 Referred to Rules Committee
3/20/2019HouseAdded Co-Sponsor Rep. Bob Morgan
3/20/2019HouseAdded Co-Sponsor Rep. Jonathan Carroll
3/20/2019HouseAdded Chief Co-Sponsor Rep. Debbie Meyers-Martin
3/21/2019HouseHouse Floor Amendment No. 1 Rules Refers to State Government Administration Committee
3/28/2019HouseAdded Co-Sponsor Rep. Theresa Mah
3/28/2019HouseAdded Co-Sponsor Rep. Celina Villanueva
3/28/2019HouseAdded Co-Sponsor Rep. Kelly M. Cassidy
3/29/2019HouseHouse Floor Amendment No. 2 Referred to Rules Committee
3/29/2019HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. William Davis
3/29/2019HouseHouse Floor Amendment No. 1 Recommends Be Adopted State Government Administration Committee; 007-003-000
4/2/2019HouseHouse Floor Amendment No. 2 Rules Refers to State Government Administration Committee
4/3/2019HouseHouse Floor Amendment No. 2 Recommends Be Adopted State Government Administration Committee; 007-003-000
4/4/2019HouseThird Reading - Short Debate - Passed 066-046-000
4/4/2019HouseHouse Floor Amendment No. 1 Adopted
4/4/2019HouseHeld on Calendar Order of Second Reading - Short Debate
4/4/2019HouseHouse Floor Amendment No. 2 Adopted
4/4/2019HouseRecalled to Second Reading - Short Debate
4/4/2019HousePlaced on Calendar Order of 3rd Reading - Short Debate
4/4/2019SenateArrive in Senate
4/4/2019SenateFirst Reading
4/4/2019SenatePlaced on Calendar Order of First Reading
4/4/2019SenateChief Senate Sponsor Sen. Iris Y. Martinez
4/4/2019SenateReferred to Assignments
4/24/2019SenateAssigned to Financial Institutions
4/29/2019SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Iris Y. Martinez
4/29/2019SenateSenate Committee Amendment No. 1 Referred to Assignments
4/30/2019SenateSenate Committee Amendment No. 1 Assignments Refers to Financial Institutions
5/1/2019SenateDo Pass as Amended Financial Institutions; 006-003-000
5/1/2019SenateSenate Committee Amendment No. 1 Adopted
5/1/2019SenateAdded as Alternate Co-Sponsor Sen. Jacqueline Y. Collins
5/1/2019SenatePlaced on Calendar Order of 2nd Reading May 2, 2019
5/9/2019SenateAdded as Alternate Co-Sponsor Sen. Mattie Hunter
5/16/2019SenateAdded as Alternate Co-Sponsor Sen. Cristina Castro
5/17/2019SenateSecond Reading
5/17/2019SenatePlaced on Calendar Order of 3rd Reading May 20, 2019
5/20/2019SenateAdded as Alternate Co-Sponsor Sen. Martin A. Sandoval
5/23/2019HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1
5/23/2019HouseArrived in House
5/23/2019SenateThird Reading - Passed; 037-019-000
5/24/2019HouseSenate Committee Amendment No. 1 Motion Filed Concur Rep. William Davis
5/24/2019HouseSenate Committee Amendment No. 1 Motion to Concur Rules Referred to State Government Administration Committee
5/24/2019HouseSenate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
5/27/2019HouseSenate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted State Government Administration Committee; 006-004-000
5/28/2019HouseAdded Co-Sponsor Rep. Elizabeth Hernandez
5/28/2019HouseAdded Co-Sponsor Rep. Natalie A. Manley
5/28/2019HouseAdded Chief Co-Sponsor Rep. Stephanie A. Kifowit
5/29/2019HousePassed Both Houses
5/29/2019HouseAdded Co-Sponsor Rep. Jawaharial Williams
5/29/2019HouseHouse Concurs
5/29/2019HouseSenate Committee Amendment No. 1 House Concurs 073-042-000
6/27/2019HouseSent to the Governor
8/23/2019HouseEffective Date January 1, 2020
8/23/2019HousePublic Act . . . . . . . . . 101-0473
8/23/2019HouseGovernor Approved

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