Bill Sponsors: IL SB3157 | 2023-2024 | 103rd General Assembly
Bill Title: 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).
Spectrum: Partisan Bill (Democrat 41-0)
Status: (Engrossed) 2024-05-31 - House Floor Amendment No. 3 Rule 19(c) / Re-referred to Rules Committee [SB3157 Detail]
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Partisan Bill (Democrat 41-0)
Status: (Engrossed) 2024-05-31 - House Floor Amendment No. 3 Rule 19(c) / Re-referred to Rules Committee [SB3157 Detail]
Text: Latest bill text (Engrossed) [HTML]