IllinoisHB5045104th General Assembly (2025–2026)House

NON-PROFIT INVESTMENT POOL

Sponsored By: Rita Mayfield (Democratic)

Passed

Summary

Amends the State Treasurer Act. Provides that the State Treasurer may establish and administer a non-profit investment pool and an electronic payment processing program to supplement and enhance investment opportunities and secure electronic payment options otherwise available to not-for-profit corporations in the State. Provides that the Treasurer may receive funds paid into the pool for the purpose of holding and investing those funds. Provides for surety bonds payable to not-for-profit corporations who participate in the pool. Provides that the Treasurer shall adopt rules for the efficient administration of the pool.

executiveassignments

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Rita Mayfield

    Democratic • House

Cosponsors

  • Adriane Johnson

    Democratic • Senate

  • Ann M. Williams

    Democratic • House

  • Barbara Hernandez

    Democratic • House

  • Camille Y. Lilly

    Democratic • House

  • Debbie Meyers-Martin

    Democratic • House

  • Diane Blair-Sherlock

    Democratic • House

  • Justin Slaughter

    Democratic • House

  • Kimberly Du Buclet

    Democratic • House

  • Lisa Davis

    Democratic • House

  • Maura Hirschauer

    Democratic • House

  • Theresa Mah

    Democratic • House

  • Yolonda Morris

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 91 • No: 32

House vote 4/16/2026

House Floor Amendment No. 2 Recommends Be Adopted Executive Committee;

Yes: 11 • No: 0

House vote 4/16/2026

Third Reading - Standard Debate - Passed

Yes: 69 • No: 32 • Other: 1

House vote 3/25/2026

Do Pass / Short Debate Executive Committee;

Yes: 11 • No: 0

Actions Timeline

  1. Rule 3-9(a) / Re-referred to Assignments

    5/15/2026Senate
  2. Rule 2-10 Committee Deadline Established As May 15, 2026

    5/8/2026Senate
  3. Postponed - Executive

    5/6/2026Senate
  4. Assigned to Executive

    4/28/2026Senate
  5. Referred to Assignments

    4/22/2026Senate
  6. First Reading

    4/22/2026Senate
  7. Chief Senate Sponsor Sen. Adriane Johnson

    4/22/2026Senate
  8. Placed on Calendar Order of First Reading April 28, 2026

    4/21/2026Senate
  9. Arrive in Senate

    4/21/2026Senate
  10. Added Co-Sponsor Rep. Kimberly Du Buclet

    4/17/2026House
  11. Third Reading - Standard Debate - Passed 069-032-001

    4/16/2026House
  12. Placed on Calendar Order of 3rd Reading - Standard Debate

    4/16/2026House
  13. Chair Rules Standard Debate

    4/16/2026House
  14. Placed on Calendar Order of 3rd Reading - Short Debate

    4/16/2026House
  15. House Floor Amendment No. 2 Adopted

    4/16/2026House
  16. House Floor Amendment No. 2 Recommends Be Adopted Executive Committee; 011-000-000

    4/16/2026House
  17. Added Co-Sponsor Rep. Camille Y. Lilly

    4/14/2026House
  18. Held on Calendar Order of Second Reading - Short Debate

    4/10/2026House
  19. Second Reading - Short Debate

    4/10/2026House
  20. Added Chief Co-Sponsor Rep. Justin Slaughter

    4/8/2026House
  21. Added Chief Co-Sponsor Rep. Ann M. Williams

    4/8/2026House
  22. Added Chief Co-Sponsor Rep. Barbara Hernandez

    4/8/2026House
  23. Added Chief Co-Sponsor Rep. Diane Blair-Sherlock

    4/8/2026House
  24. Added Co-Sponsor Rep. Maura Hirschauer

    4/8/2026House
  25. Added Co-Sponsor Rep. Debbie Meyers-Martin

    4/8/2026House

Bill Text

  • Engrossed

  • House Amendment 1

  • House Amendment 2

  • Introduced

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