# Illinois SB0246: NON-PROFIT INVESTMENT POOL Illinois SB0246, NON-PROFIT INVESTMENT POOL, is a 104th General Assembly (2025–2026) Senate bill sponsored by Adriane L. Johnson (Democratic); status vetoed, last action 2025-10-29 (Total Veto Stands) (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/IL-SB0246-2025-2026 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Illinois SB0246 - State: Illinois - Session: 104th General Assembly (2025–2026) - Title: NON-PROFIT INVESTMENT POOL - Status: vetoed - Chamber: Senate - Introduced: 2025-01-22 - Last action: 2025-10-29, Total Veto Stands - Sponsor: Adriane L. Johnson (Democratic) - Cosponsors: 59 - Subjects: assignments, state government, state government administration - Touches household money: no - Roll calls: 5 (130 yes, 59 no in all) - Economic provisions PRIA read: 0 ## 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. ## Bill overview No economic impacts identified for this bill. ## Sponsors and cosponsors - Sponsor: Adriane L. Johnson (Democratic), Senate - Cosponsor: Aarón M. Ortíz (Democratic), House - Cosponsor: Ann M. Williams (Democratic), House - Cosponsor: Anna Moeller (Democratic), House - Cosponsor: Anne Stava (Democratic), House - Cosponsor: Barbara Hernandez (Democratic), House - Cosponsor: Bob Morgan (Democratic), House - Cosponsor: Camille Y. Lilly (Democratic), House - Cosponsor: Celina Villanueva (Democratic), Senate - Cosponsor: Christopher Belt (Democratic), Senate - Cosponsor: Dagmara Avelar (Democratic), House - Cosponsor: Dave Vella (Democratic), House - Cosponsor: Debbie Meyers-Martin (Democratic), House - Cosponsor: Diane Blair-Sherlock (Democratic), House - Cosponsor: Edgar González, Jr. (Democratic), House - Cosponsor: Elgie R. Sims, Jr. (Democratic), Senate - Cosponsor: Elizabeth "Lisa" Hernandez (Democratic), House - Cosponsor: Graciela Guzmán (Democratic), Senate - Cosponsor: Gregg Johnson (Democratic), House - Cosponsor: Javier L. Cervantes (Democratic), Senate - Cosponsor: Joyce Mason (Democratic), House - Cosponsor: Julie A. Morrison (Democratic), Senate - Cosponsor: Justin Slaughter (Democratic), House - Cosponsor: Katie Stuart (Democratic), House - Cosponsor: Kevin John Olickal (Democratic), House - Cosponsor: Kimberly A. Lightford (Democratic), Senate - Cosponsor: La Shawn K. Ford (Democratic), House - Cosponsor: Lakesia Collins (Democratic), Senate - Cosponsor: Laura Faver Dias (Democratic), House - Cosponsor: Laura M. Murphy (Democratic), Senate - Cosponsor: Li Arellano, Jr. (Republican), Senate - Cosponsor: Linda Holmes (Democratic), Senate - Cosponsor: Lisa Davis (Democratic), House - Cosponsor: Marcus C. Evans, Jr. (Democratic), House - Cosponsor: Martha Deuter (Democratic), House - Cosponsor: Mary Edly-Allen (Democratic), Senate - Cosponsor: Mattie Hunter (Democratic), Senate - Cosponsor: Maura Hirschauer (Democratic), House - Cosponsor: Michael Crawford (Democratic), House - Cosponsor: Michael W. Halpin (Democratic), Senate - Cosponsor: Michelle Mussman (Democratic), House - Cosponsor: Mike Porfirio (Democratic), Senate - Cosponsor: Mike Simmons (Democratic), Senate - Cosponsor: Napoleon Harris III (Democratic), Senate - Cosponsor: Nicolle Grasse (Democratic), House - Cosponsor: Paul Faraci (Democratic), Senate - Cosponsor: Rachel Ventura (Democratic), Senate - Cosponsor: Ram Villivalam (Democratic), Senate - Cosponsor: Rita Mayfield (Democratic), House - Cosponsor: Robert F. Martwick (Democratic), Senate - Cosponsor: Robert Peters (Democratic), Senate - Cosponsor: Sara Feigenholtz (Democratic), Senate - Cosponsor: Sharon Chung (Democratic), House - Cosponsor: Stephanie A. Kifowit (Democratic), House - Cosponsor: Suzanne M. Ness (Democratic), House - Cosponsor: Thaddeus Jones (Democratic), House - Cosponsor: Tracy Katz Muhl (Democratic), House - Cosponsor: William "Will" Davis (Democratic), House - Cosponsor: Willie Preston (Democratic), Senate - Cosponsor: Yolonda Morris (Democratic), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-05-28 | House | Third Reading - Short Debate - Passed | pass | 73 | 39 | | | 2025-04-30 | House | Do Pass / Short Debate State Government Administration Committee; | pass | 5 | 3 | | | 2025-04-04 | Senate | Third Reading - Passed; | pass | 33 | 17 | | | 2025-03-19 | Senate | Senate Floor Amendment No. 1 Recommend Do Adopt State Government; | pass | 9 | 0 | | | 2025-03-06 | Senate | Do Pass State Government; | pass | 10 | 0 | | ## Actions (92) - 2025-10-29: Total Veto Stands (Senate) - 2025-10-14: Placed Calendar Total Veto October 15, 2025 (Senate) - 2025-08-15: Governor Vetoed (Senate) - 2025-06-26: Sent to the Governor (Senate) - 2025-05-28: Passed Both Houses (Senate) - 2025-05-28: Third Reading - Short Debate - Passed 073-039-000 (House) - 2025-05-28: Placed on Calendar Order of 3rd Reading - Short Debate (House) - 2025-05-28: Added Alternate Co-Sponsor Rep. Camille Y. Lilly (House) - 2025-05-23: Third Reading/Final Action Deadline Extended-9(b) May 31, 2025 (House) - 2025-05-16: Held on Calendar Order of Second Reading - Short Debate (House) - 2025-05-16: Second Reading - Short Debate (House) - 2025-05-13: Added Alternate Co-Sponsor Rep. Thaddeus Jones (House) - 2025-05-13: Added Alternate Co-Sponsor Rep. La Shawn K. Ford (House) - 2025-05-13: Added Alternate Co-Sponsor Rep. Elizabeth "Lisa" Hernandez (House) - 2025-05-13: Added Alternate Co-Sponsor Rep. Dave Vella (House) - 2025-05-08: Added Alternate Co-Sponsor Rep. Bob Morgan (House) - 2025-05-08: Added Alternate Co-Sponsor Rep. Joyce Mason (House) - 2025-05-08: Added Alternate Co-Sponsor Rep. Marcus C. Evans, Jr. (House) - 2025-05-08: Added Alternate Co-Sponsor Rep. Michelle Mussman (House) - 2025-05-08: Added Alternate Co-Sponsor Rep. Ann M. Williams (House) - 2025-05-08: Added Alternate Co-Sponsor Rep. Stephanie A. Kifowit (House) - 2025-05-08: Added Alternate Co-Sponsor Rep. Dagmara Avelar (House) - 2025-05-08: Added Alternate Co-Sponsor Rep. Gregg Johnson (House) - 2025-05-08: Added Alternate Co-Sponsor Rep. Anna Moeller (House) - 2025-05-08: Added Alternate Co-Sponsor Rep. Anne Stava (House) - 2025-05-08: Added Alternate Co-Sponsor Rep. William "Will" Davis (House) - 2025-05-01: Placed on Calendar 2nd Reading - Short Debate (House) - 2025-05-01: Added Alternate Chief Co-Sponsor Rep. Barbara Hernandez (House) - 2025-05-01: Added Alternate Chief Co-Sponsor Rep. Justin Slaughter (House) - 2025-05-01: Added Alternate Chief Co-Sponsor Rep. Diane Blair-Sherlock (House) - 2025-05-01: Added Alternate Co-Sponsor Rep. Debbie Meyers-Martin (House) - 2025-05-01: Added Alternate Co-Sponsor Rep. Katie Stuart (House) - 2025-05-01: Added Alternate Co-Sponsor Rep. Laura Faver Dias (House) - 2025-05-01: Added Alternate Co-Sponsor Rep. Suzanne M. Ness (House) - 2025-05-01: Added Alternate Co-Sponsor Rep. Maura Hirschauer (House) - 2025-05-01: Added Alternate Co-Sponsor Rep. Nicolle Grasse (House) - 2025-05-01: Added Alternate Co-Sponsor Rep. Michael Crawford (House) - 2025-05-01: Added Alternate Co-Sponsor Rep. Lisa Davis (House) - 2025-05-01: Added Alternate Co-Sponsor Rep. Martha Deuter (House) - 2025-05-01: Added Alternate Co-Sponsor Rep. Edgar González, Jr. (House) - 2025-05-01: Added Alternate Co-Sponsor Rep. Aarón M. Ortíz (House) - 2025-05-01: Added Alternate Co-Sponsor Rep. Yolonda Morris (House) - 2025-05-01: Added Alternate Co-Sponsor Rep. Tracy Katz Muhl (House) - 2025-05-01: Added Alternate Co-Sponsor Rep. Sharon Chung (House) - 2025-05-01: Added Alternate Co-Sponsor Rep. Kevin John Olickal (House) - 2025-04-30: Do Pass / Short Debate State Government Administration Committee; 005-003-000 (House) - 2025-04-17: Assigned to State Government Administration Committee (House) - 2025-04-08: Added as Co-Sponsor Sen. Napoleon Harris III (Senate) - 2025-04-07: Referred to Rules Committee (House) - 2025-04-07: First Reading (House) - 2025-04-04: Chief House Sponsor Rep. Rita Mayfield (House) - 2025-04-04: Arrived in House (House) - 2025-04-04: Added as Co-Sponsor Sen. Ram Villivalam (Senate) - 2025-04-04: Added as Co-Sponsor Sen. Lakesia Collins (Senate) - 2025-04-04: Added as Co-Sponsor Sen. Elgie R. Sims, Jr. (Senate) - 2025-04-04: Added as Co-Sponsor Sen. Rachel Ventura (Senate) - 2025-04-04: Added as Co-Sponsor Sen. Willie Preston (Senate) - 2025-04-04: Third Reading - Passed; 033-017-000 (Senate) - 2025-04-03: Placed on Calendar Order of 3rd Reading (Senate) - 2025-04-03: Senate Floor Amendment No. 1 Adopted; Johnson (Senate) - 2025-04-03: Recalled to Second Reading (Senate) - 2025-03-21: Added as Co-Sponsor Sen. Sara Feigenholtz (Senate) - 2025-03-21: Added as Co-Sponsor Sen. Javier L. Cervantes (Senate) - 2025-03-19: Senate Floor Amendment No. 1 Recommend Do Adopt State Government; 009-000-000 (Senate) - 2025-03-19: Added as Co-Sponsor Sen. Julie A. Morrison (Senate) - 2025-03-19: Senate Floor Amendment No. 1 Assignments Refers to State Government (Senate) - 2025-03-19: Added as Co-Sponsor Sen. Robert Peters (Senate) - 2025-03-18: Senate Floor Amendment No. 1 Referred to Assignments (Senate) - 2025-03-18: Senate Floor Amendment No. 1 Filed with Secretary by Sen. Adriane L. Johnson (Senate) - 2025-03-18: Placed on Calendar Order of 3rd Reading March 19, 2025 (Senate) - 2025-03-18: Second Reading (Senate) - 2025-03-07: Added as Co-Sponsor Sen. Li Arellano, Jr. (Senate) - 2025-03-06: Added as Co-Sponsor Sen. Laura M. Murphy (Senate) - 2025-03-06: Added as Co-Sponsor Sen. Kimberly A. Lightford (Senate) - 2025-03-06: Added as Co-Sponsor Sen. Linda Holmes (Senate) - 2025-03-06: Placed on Calendar Order of 2nd Reading March 18, 2025 (Senate) - 2025-03-06: Do Pass State Government; 010-000-000 (Senate) - 2025-03-05: Added as Co-Sponsor Sen. Mike Porfirio (Senate) - 2025-03-05: Added as Co-Sponsor Sen. Graciela Guzmán (Senate) - 2025-03-05: Added as Co-Sponsor Sen. Mike Simmons (Senate) - 2025-03-05: Added as Co-Sponsor Sen. Mattie Hunter (Senate) - 2025-03-05: Added as Co-Sponsor Sen. Celina Villanueva (Senate) - 2025-03-05: Added as Chief Co-Sponsor Sen. Christopher Belt (Senate) - 2025-03-05: Added as Chief Co-Sponsor Sen. Mary Edly-Allen (Senate) - 2025-03-04: Added as Co-Sponsor Sen. Paul Faraci (Senate) - 2025-02-27: Added as Chief Co-Sponsor Sen. Robert F. Martwick (Senate) - 2025-02-26: Added as Co-Sponsor Sen. Michael W. Halpin (Senate) - 2025-02-20: Postponed - State Government (Senate) - 2025-02-04: Assigned to State Government (Senate) - 2025-01-22: Referred to Assignments (Senate) - 2025-01-22: First Reading (Senate) - 2025-01-22: Filed with Secretary by Sen. Adriane L. Johnson (Senate) ## Bill text - Engrossed: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB0246eng.pdf) - Enrolled: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB0246enr.pdf) - Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB0246.pdf) - Senate Amendment 1: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB0246sam001.pdf) ## Related bills - HB5198: AFFORDABLE HOUSING-CILAS (passed house) - SB1937: PENSION CODE-VARIOUS (passed senate) - HB2563: CONDO-RESERVE STUDY (in committee) - HB4701: LIMITATIONS FACILITY FEES ACT (in committee) - SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate) - SB3484: VEH CD-PLATES-REGISTRATION (signed) ## Sources - [Engrossed (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB0246eng.pdf) - [Enrolled (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB0246enr.pdf) - [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB0246.pdf) - [Senate Amendment 1 (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB0246sam001.pdf) ## Related - [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026) - [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026) - [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026) - [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026) - [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026) - [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026) - [Illinois bills](https://policyrisk.com/states/illinois/bills) - [Illinois state hub](https://policyrisk.com/states/illinois) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/IL-SB0246-2025-2026 (as of 2026-11-01).