IL SB3157 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 41-0)
Status: Engrossed on April 10 2024 - 50% progression
Action: 2024-05-31 - House Floor Amendment No. 3 Rule 19(c) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Engrossed) [HTML]
Status: Engrossed on April 10 2024 - 50% progression
Action: 2024-05-31 - House Floor Amendment No. 3 Rule 19(c) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
Reinserts the provisions of the introduced bill with the following changes. Provides that the State Treasurer may establish an electronic payment processing program to supplement and enhance secure electronic payment options otherwise available to not-for-profit corporations in the State. Provides that the State Treasurer may receive funds paid into the non-profit investment pool by a not-for-profit corporation that is exempt from taxation under Section 501(c)(3), 501(c)(4), or 501(c)(6) of the Internal Revenue Code (rather than Section 501(c) of the Internal Revenue Code).
Title
NON-PROFIT INVESTMENT POOL
Sponsors
Roll Calls
2024-04-10 - Senate - Third Reading in Senate (Y: 59 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-05-31 | House | House Floor Amendment No. 3 Rule 19(c) / Re-referred to Rules Committee |
| 2024-05-31 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2024-05-26 | House | Third Reading/Final Action Deadline Extended-9(b) May 31, 2024 |
| 2024-05-25 | House | House Floor Amendment No. 1 Motion Filed to Table Rep. Rita Mayfield |
| 2024-05-25 | House | House Floor Amendment No. 2 Motion Filed to Table Rep. Rita Mayfield |
| 2024-05-25 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2024-05-25 | House | House Floor Amendment No. 2 Adopted |
| 2024-05-25 | House | House Floor Amendment No. 1 Adopted |
| 2024-05-24 | House | Third Reading/Final Action Deadline Extended-9(b) May 27, 2024 |
| 2024-05-24 | House | House Floor Amendment No. 3 Motion Filed to Table Rep. Rita Mayfield |
| 2024-05-24 | House | House Floor Amendment No. 3 Rules Refers to State Government Administration Committee |
| 2024-05-24 | Senate | Sponsor Removed Sen. Jil Tracy |
| 2024-05-24 | Senate | Sponsor Removed Sen. John F. Curran |
| 2024-05-23 | House | House Floor Amendment No. 2 Recommends Be Adopted State Government Administration Committee; 005-003-000 |
| 2024-05-23 | House | House Floor Amendment No. 2 Rules Refers to State Government Administration Committee |
| 2024-05-23 | House | House Floor Amendment No. 3 Referred to Rules Committee |
| 2024-05-23 | House | House Floor Amendment No. 3 Filed with Clerk by Rep. Rita Mayfield |
| 2024-05-23 | House | House Floor Amendment No. 2 Referred to Rules Committee |
| 2024-05-23 | House | House Floor Amendment No. 2 Filed with Clerk by Rep. Rita Mayfield |
| 2024-05-17 | House | Third Reading/Final Action Deadline Extended-9(b) May 24, 2024 |
| 2024-05-17 | Senate | Added as Co-Sponsor Sen. Laura M. Murphy |
| 2024-05-16 | House | Held on Calendar Order of Second Reading - Short Debate |
| 2024-05-16 | House | Second Reading - Short Debate |
| 2024-05-15 | House | House Floor Amendment No. 1 Recommends Be Adopted State Government Administration Committee; 005-003-000 |
| 2024-05-14 | Senate | Added as Co-Sponsor Sen. Robert Peters |
| 2024-05-14 | House | Added Alternate Co-Sponsor Rep. Katie Stuart |
| 2024-05-13 | House | House Floor Amendment No. 1 Rules Refers to State Government Administration Committee |
| 2024-05-09 | House | Added Alternate Co-Sponsor Rep. Debbie Meyers-Martin |
| 2024-05-09 | House | Added Alternate Co-Sponsor Rep. Justin Slaughter |
| 2024-05-09 | House | Added Alternate Co-Sponsor Rep. Stephanie A. Kifowit |
| 2024-05-09 | House | Added Alternate Co-Sponsor Rep. La Shawn K. Ford |
| 2024-05-09 | House | Added Alternate Co-Sponsor Rep. Suzanne M. Ness |
| 2024-05-09 | House | Added Alternate Co-Sponsor Rep. Lindsey LaPointe |
| 2024-05-09 | House | Added Alternate Co-Sponsor Rep. Joyce Mason |
| 2024-05-08 | Senate | Added as Co-Sponsor Sen. Omar Aquino |
| 2024-05-07 | House | House Floor Amendment No. 1 Referred to Rules Committee |
| 2024-05-07 | House | House Floor Amendment No. 1 Filed with Clerk by Rep. Rita Mayfield |
| 2024-05-06 | Senate | Added as Co-Sponsor Sen. Sara Feigenholtz |
| 2024-05-02 | House | Placed on Calendar 2nd Reading - Short Debate |
| 2024-05-01 | House | Do Pass / Short Debate State Government Administration Committee; 005-002-000 |
| 2024-04-18 | House | Added Alternate Co-Sponsor Rep. Maurice A. West, II |
| 2024-04-18 | House | Added Alternate Chief Co-Sponsor Rep. Barbara Hernández |
| 2024-04-18 | House | Added Alternate Co-Sponsor Rep. Gregg Johnson |
| 2024-04-18 | House | Added Alternate Co-Sponsor Rep. Maura Hirschauer |
| 2024-04-18 | House | Added Alternate Co-Sponsor Rep. Laura Faver Dias |
| 2024-04-18 | House | Added Alternate Co-Sponsor Rep. Mary Beth Canty |
| 2024-04-18 | House | Added Alternate Co-Sponsor Rep. Dagmara Avelar |
| 2024-04-18 | House | Added Alternate Co-Sponsor Rep. Sue Scherer |
| 2024-04-18 | House | Added Alternate Co-Sponsor Rep. Theresa Mah |
| 2024-04-18 | House | Added Alternate Co-Sponsor Rep. Bob Morgan |
| 2024-04-16 | House | Added Alternate Chief Co-Sponsor Rep. Marcus C. Evans, Jr. |
| 2024-04-16 | House | Added Alternate Chief Co-Sponsor Rep. Diane Blair-Sherlock |
| 2024-04-16 | House | Added Alternate Chief Co-Sponsor Rep. Jenn Ladisch Douglass |
| 2024-04-16 | House | Added Alternate Co-Sponsor Rep. Thaddeus Jones |
| 2024-04-16 | House | Added Alternate Co-Sponsor Rep. Camille Y. Lilly |
| 2024-04-15 | House | Assigned to State Government Administration Committee |
| 2024-04-11 | Senate | Added as Co-Sponsor Sen. David Koehler |
| 2024-04-11 | House | Referred to Rules Committee |
| 2024-04-11 | House | First Reading |
| 2024-04-11 | Senate | Added as Co-Sponsor Sen. Michael W. Halpin |
| 2024-04-11 | Senate | Added as Chief Co-Sponsor Sen. Christopher Belt |
| 2024-04-11 | House | Chief House Sponsor Rep. Rita Mayfield |
| 2024-04-10 | House | Arrived in House |
| 2024-04-10 | Senate | Added as Co-Sponsor Sen. Celina Villanueva |
| 2024-04-10 | Senate | Added as Co-Sponsor Sen. Ram Villivalam |
| 2024-04-10 | Senate | Added as Co-Sponsor Sen. Cristina Castro |
| 2024-04-10 | Senate | Added as Co-Sponsor Sen. Mary Edly-Allen |
| 2024-04-10 | Senate | Added as Co-Sponsor Sen. Jil Tracy |
| 2024-04-10 | Senate | Added as Co-Sponsor Sen. Rachel Ventura |
| 2024-04-10 | Senate | Third Reading - Passed; 059-000-000 |
| 2024-04-10 | Senate | Placed on Calendar Order of 3rd Reading |
| 2024-04-10 | Senate | Senate Floor Amendment No. 2 Adopted |
| 2024-04-10 | Senate | Recalled to Second Reading |
| 2024-04-10 | Senate | Added as Co-Sponsor Sen. Linda Holmes |
| 2024-04-10 | Senate | Added as Co-Sponsor Sen. Emil Jones, III |
| 2024-04-10 | Senate | Senate Floor Amendment No. 2 Recommend Do Adopt Financial Institutions; 006-000-000 |
| 2024-04-09 | Senate | Added as Co-Sponsor Sen. John F. Curran |
| 2024-04-09 | Senate | Senate Floor Amendment No. 2 Assignments Refers to Financial Institutions |
| 2024-04-05 | Senate | Senate Floor Amendment No. 2 Referred to Assignments |
| 2024-04-05 | Senate | Senate Floor Amendment No. 2 Filed with Secretary by Sen. Adriane Johnson |
| 2024-03-14 | Senate | Placed on Calendar Order of 3rd Reading March 20, 2024 |
| 2024-03-14 | Senate | Second Reading |
| 2024-03-13 | Senate | Added as Co-Sponsor Sen. Mike Porfirio |
| 2024-03-13 | Senate | Added as Co-Sponsor Sen. Javier L. Cervantes |
| 2024-03-13 | Senate | Placed on Calendar Order of 2nd Reading March 14, 2024 |
| 2024-03-13 | Senate | Do Pass as Amended Financial Institutions; 005-002-000 |
| 2024-03-12 | Senate | Senate Committee Amendment No. 1 Adopted |
| 2024-03-12 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions |
| 2024-03-06 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 2024-03-06 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Adriane Johnson |
| 2024-02-14 | Senate | Assigned to Financial Institutions |
| 2024-02-06 | Senate | Referred to Assignments |
| 2024-02-06 | Senate | First Reading |
| 2024-02-06 | Senate | Filed with Secretary by Sen. Adriane Johnson |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 15 | 505 | 10 | Amended Code | Citation Text |
| 15 | 505 | 17.2 | New Code | See Bill Text |
| 30 | 237 | 10 | Amended Code | Citation Text |
