IllinoisSB0246104th General Assembly (2025–2026)Senate

NON-PROFIT INVESTMENT POOL

Sponsored By: Adriane Johnson

Vetoed

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.

assignmentsstate governmentstate government administration

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Adriane Johnson

    Affiliation unavailable

Cosponsors

  • Aarón M. Ortíz

    Affiliation unavailable

  • Ann M. Williams

    Affiliation unavailable

  • Anna Moeller

    Affiliation unavailable

  • Anne Stava

    Affiliation unavailable

  • Barbara Hernandez

    Affiliation unavailable

  • Bob Morgan

    Affiliation unavailable

  • Camille Y. Lilly

    Affiliation unavailable

  • Celina Villanueva

    Affiliation unavailable

  • Christopher Belt

    Affiliation unavailable

  • Dagmara Avelar

    Affiliation unavailable

  • Dave Vella

    Affiliation unavailable

  • Debbie Meyers-Martin

    Affiliation unavailable

  • Diane Blair-Sherlock

    Affiliation unavailable

  • Edgar González, Jr.

    Affiliation unavailable

  • Elgie R. Sims, Jr.

    Affiliation unavailable

  • Elizabeth "Lisa" Hernandez

    Affiliation unavailable

  • Graciela Guzmán

    Affiliation unavailable

  • Gregg Johnson

    Affiliation unavailable

  • Javier L. Cervantes

    Affiliation unavailable

  • Joyce Mason

    Affiliation unavailable

  • Julie A. Morrison

    Affiliation unavailable

  • Justin Slaughter

    Affiliation unavailable

  • Katie Stuart

    Affiliation unavailable

  • Kevin John Olickal

    Affiliation unavailable

  • Kimberly A. Lightford

    Affiliation unavailable

  • La Shawn K. Ford

    Affiliation unavailable

  • Lakesia Collins

    Affiliation unavailable

  • Laura Faver Dias

    Affiliation unavailable

  • Laura M. Murphy

    Affiliation unavailable

  • Li Arellano, Jr.

    Affiliation unavailable

  • Linda Holmes

    Affiliation unavailable

  • Lisa Davis

    Affiliation unavailable

  • Marcus C. Evans, Jr.

    Affiliation unavailable

  • Martha Deuter

    Affiliation unavailable

  • Mary Edly-Allen

    Affiliation unavailable

  • Mattie Hunter

    Affiliation unavailable

  • Maura Hirschauer

    Affiliation unavailable

  • Michael Crawford

    Affiliation unavailable

  • Michael W. Halpin

    Affiliation unavailable

  • Michelle Mussman

    Affiliation unavailable

  • Mike Porfirio

    Affiliation unavailable

  • Mike Simmons

    Affiliation unavailable

  • Napoleon Harris III

    Affiliation unavailable

  • Nicolle Grasse

    Affiliation unavailable

  • Paul Faraci

    Affiliation unavailable

  • Rachel Ventura

    Affiliation unavailable

  • Ram Villivalam

    Affiliation unavailable

  • Rita Mayfield

    Affiliation unavailable

  • Robert F. Martwick

    Affiliation unavailable

  • Robert Peters

    Affiliation unavailable

  • Sara Feigenholtz

    Affiliation unavailable

  • Sharon Chung

    Affiliation unavailable

  • Stephanie A. Kifowit

    Affiliation unavailable

  • Suzanne M. Ness

    Affiliation unavailable

  • Thaddeus Jones

    Affiliation unavailable

  • Tracy Katz Muhl

    Affiliation unavailable

  • William "Will" Davis

    Affiliation unavailable

  • Willie Preston

    Affiliation unavailable

  • Yolonda Morris

    Affiliation unavailable

Roll Call Votes

All Roll Calls

Yes: 130 • No: 59

House vote 5/28/2025

Third Reading - Short Debate - Passed

Yes: 73 • No: 39

House vote 4/30/2025

Do Pass / Short Debate State Government Administration Committee;

Yes: 5 • No: 3

Senate vote 4/4/2025

Third Reading - Passed;

Yes: 33 • No: 17

Senate vote 3/19/2025

Senate Floor Amendment No. 1 Recommend Do Adopt State Government;

Yes: 9 • No: 0

Senate vote 3/6/2025

Do Pass State Government;

Yes: 10 • No: 0

Actions Timeline

  1. Total Veto Stands

    10/29/2025Senate
  2. Placed Calendar Total Veto October 15, 2025

    10/14/2025Senate
  3. Governor Vetoed

    8/15/2025Senate
  4. Sent to the Governor

    6/26/2025Senate
  5. Passed Both Houses

    5/28/2025Senate
  6. Third Reading - Short Debate - Passed 073-039-000

    5/28/2025House
  7. Placed on Calendar Order of 3rd Reading - Short Debate

    5/28/2025House
  8. Added Alternate Co-Sponsor Rep. Camille Y. Lilly

    5/28/2025House
  9. Third Reading/Final Action Deadline Extended-9(b) May 31, 2025

    5/23/2025House
  10. Held on Calendar Order of Second Reading - Short Debate

    5/16/2025House
  11. Second Reading - Short Debate

    5/16/2025House
  12. Added Alternate Co-Sponsor Rep. Thaddeus Jones

    5/13/2025House
  13. Added Alternate Co-Sponsor Rep. La Shawn K. Ford

    5/13/2025House
  14. Added Alternate Co-Sponsor Rep. Elizabeth "Lisa" Hernandez

    5/13/2025House
  15. Added Alternate Co-Sponsor Rep. Dave Vella

    5/13/2025House
  16. Added Alternate Co-Sponsor Rep. Bob Morgan

    5/8/2025House
  17. Added Alternate Co-Sponsor Rep. Joyce Mason

    5/8/2025House
  18. Added Alternate Co-Sponsor Rep. Marcus C. Evans, Jr.

    5/8/2025House
  19. Added Alternate Co-Sponsor Rep. Michelle Mussman

    5/8/2025House
  20. Added Alternate Co-Sponsor Rep. Ann M. Williams

    5/8/2025House
  21. Added Alternate Co-Sponsor Rep. Stephanie A. Kifowit

    5/8/2025House
  22. Added Alternate Co-Sponsor Rep. Dagmara Avelar

    5/8/2025House
  23. Added Alternate Co-Sponsor Rep. Gregg Johnson

    5/8/2025House
  24. Added Alternate Co-Sponsor Rep. Anna Moeller

    5/8/2025House
  25. Added Alternate Co-Sponsor Rep. Anne Stava

    5/8/2025House

Bill Text

Related Bills

Back to State Legislation