IL HB2536 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Amended) [HTML]

Summary

Amends the State Treasurer Act. Provides that if the Treasurer determines that any moneys in the Treasurer's Rental Fee Fund are in excess of the amount necessary to sustain the operation of the program established under the Section concerning banking and automatic teller machine services, the Treasurer may transfer any unobligated and unexpended moneys from the Treasurer's Rental Fee Fund into the State Pensions Fund. Amends the Uniform Disposition of Unclaimed Property Act. Provides that if on either April 15 or October 15, the State Treasurer determines that a balance of $2,500,000 is insufficient for the prompt payment of unclaimed property claims authorized under the Act, the Treasurer may retain more than $2,500,000 in the Unclaimed Property Trust Fund in order to ensure the prompt payment of claims. Provides that beginning in State fiscal year 2014, all amounts (instead of all amounts in excess of $2,500,000) that are deposited into the State Pensions Fund from the Unclaimed Property Trust Fund shall be apportioned to the designated retirement systems as provided in the State Finance Act to reduce their actuarial reserve deficiencies. Effective immediately.

Tracking Information

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Title

TREAS-PENSION FUND-TRANSFERS

Sponsors


Roll Calls

2013-12-03 - Senate - Third Reading in Senate (Y: 39 N: 14 NV: 6 Abs: 0) [PASS]
2013-04-19 - House - Third Reading in House (Y: 102 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2014-12-03HouseSession Sine Die
2014-01-03HouseRule 19(b) / Re-referred to Rules Committee
2013-12-04HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1, 3, 4, 5
2013-12-04HouseArrived in House
2013-12-03SenateSenate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a)
2013-12-03SenateThird Reading - Passed; 039-014-000
2013-12-03SenatePlaced on Calendar Order of 3rd Reading
2013-12-03SenateSenate Floor Amendment No. 5 Adopted; Manar
2013-12-03SenateSenate Floor Amendment No. 4 Adopted; Manar
2013-12-03SenateSenate Floor Amendment No. 3 Adopted; Manar
2013-12-03SenateRecalled to Second Reading
2013-12-03SenateSenate Floor Amendment No. 5 Be Approved for Consideration Assignments;
2013-12-03SenateSenate Floor Amendment No. 4 Be Approved for Consideration Assignments;
2013-12-03SenateSenate Floor Amendment No. 5 Referred to Assignments
2013-12-03SenateSenate Floor Amendment No. 5 Filed with Secretary by Sen. Andy Manar
2013-12-03SenateSenate Floor Amendment No. 4 Referred to Assignments
2013-12-03SenateSenate Floor Amendment No. 4 Filed with Secretary by Sen. Andy Manar
2013-11-06SenateSenate Floor Amendment No. 3 Recommend Do Adopt Executive; 015-000-000
2013-11-06SenateSenate Floor Amendment No. 3 Assignments Refers to Executive
2013-11-06SenateSenate Floor Amendment No. 3 Referred to Assignments
2013-11-06SenateSenate Floor Amendment No. 3 Filed with Secretary by Sen. Andy Manar
2013-11-05SenatePlaced on Calendar Order of 3rd Reading November 6, 2013
2013-11-05SenateSecond Reading
2013-11-01SenateAlternate Chief Sponsor Changed to Sen. Andy Manar
2013-10-31SenateSenate Floor Amendment No. 2 Referred to Assignments
2013-10-31SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Andy Manar
2013-10-23SenatePlaced on Calendar Order of 2nd Reading November 5, 2013
2013-10-23SenateDo Pass as Amended Executive; 009-004-000
2013-10-23SenateSenate Committee Amendment No. 1 Adopted
2013-10-23SenateSenate Committee Amendment No. 1 Assignments Refers to Executive
2013-10-23SenateSenate Committee Amendment No. 1 Referred to Assignments
2013-10-23SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon
2013-10-09SenateRule 2-10 Committee/3rd Reading Deadline Established As November 7, 2013
2013-10-09SenateAssigned to Executive
2013-04-23SenateReferred to Assignments
2013-04-23SenateFirst Reading
2013-04-22SenateChief Senate Sponsor Sen. Jacqueline Y. Collins
2013-04-22SenatePlaced on Calendar Order of First Reading April 23, 2013
2013-04-22SenateArrive in Senate
2013-04-19HouseThird Reading - Short Debate - Passed 102-000-000
2013-04-10HousePlaced on Calendar Order of 3rd Reading - Short Debate
2013-04-10HouseSecond Reading - Short Debate
2013-03-21HousePlaced on Calendar 2nd Reading - Short Debate
2013-03-20HouseDo Pass / Short Debate State Government Administration Committee; 020-000-000
2013-03-19HouseChief Co-Sponsor Changed to Rep. John E. Bradley
2013-03-19HouseAdded Chief Co-Sponsor Rep. John E. Bradley
2013-03-08HouseAdded Co-Sponsor Rep. Ron Sandack
2013-03-05HouseAdded Chief Co-Sponsor Rep. Robert W. Pritchard
2013-03-04HouseAssigned to State Government Administration Committee
2013-02-21HouseReferred to Rules Committee
2013-02-21HouseFirst Reading
2013-02-20HouseFiled with the Clerk by Rep. Elgie R. Sims, Jr.

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1550518Amended CodeCitation Text
765102518Amended CodeCitation Text

Illinois State Sources


Bill Comments

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