STATE FARM INVESTMENT MANAGEMENT CORP
13F-NT, 2000-11-15
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                            UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.   20549

                                    FORM 13F

                               FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: September 30, 2000

Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.):  [ ] is a restatement.
                                   [ ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:     State Farm Investment Management Corp
Address:  One State Farm Plaza
          Bloomington, IL  61710

13F File Number: 28-00536

The institutional investment manager filing this report and the person by
whom it is signed hereby represent that the person signing the report is
authorized to submit it, that all information contained herein is true,
correct, and complete, and that it is understood that all required items,
statements, schedules, lists, and tables, are considered integral parts of
this form.

Person signing this Report on Behalf of Reporting Manager:

Name:     William J. Hess
Title:    Sr. Asst. Invest. Counsel
Phone:    309-766-2392
Signature, Place, and Date of Signing:

     William J. Hess          Bloomington, Illinois     November 15, 2000

Report Type (Check only one):

[ ] 13F HOLDINGS REPORT.
[X] 13F NOTICE.
[ ] 13F COMBINATION REPORT.

List of Other Managers Reporting for this Manager:

   13F File Number     Name

   28-00534            State Farm Mutual Automobile Insurance Company


I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.


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