IllinoisSB2968104th General Assembly (2025–2026)Senate

NON-PROFIT INVESTMENT POOL

Sponsored By: Adriane L. Johnson (Democratic)

Signed by Governor

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.

assignmentsexecutivestate government administration

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Adriane L. Johnson

    Democratic • Senate

Cosponsors

  • Aarón M. Ortíz

    Democratic • House

  • Barbara Hernandez

    Democratic • House

  • Daniel Didech

    Democratic • House

  • Debbie Meyers-Martin

    Democratic • House

  • Diane Blair-Sherlock

    Democratic • House

  • Edgar González, Jr.

    Democratic • House

  • Javier L. Cervantes

    Democratic • Senate

  • Justin Slaughter

    Democratic • House

  • Katie Stuart

    Democratic • House

  • Kimberly A. Lightford

    Democratic • Senate

  • Kimberly Du Buclet

    Democratic • House

  • Lakesia Collins

    Democratic • Senate

  • Laura M. Murphy

    Democratic • Senate

  • Mary Edly-Allen

    Democratic • Senate

  • Rita Mayfield

    Democratic • House

  • Sonya M. Harper

    Democratic • House

  • Theresa Mah

    Democratic • House

  • Willie Preston

    Democratic • Senate

  • Yolonda Morris

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 143 • No: 60

House vote • 5/27/2026

Third Reading - Short Debate - Passed

Yes: 75 • No: 36 • Other: 1

House vote • 5/6/2026

Do Pass / Short Debate State Government Administration Committee;

Yes: 6 • No: 3

Senate vote • 4/16/2026

Third Reading - Passed;

Yes: 41 • No: 16

Senate vote • 4/15/2026

Senate Floor Amendment No. 2 Recommend Do Adopt Executive;

Yes: 11 • No: 2

Senate vote • 3/25/2026

Do Pass as Amended Executive;

Yes: 10 • No: 3

Actions Timeline

  1. Public Act . . . . . . . . . 104-0566

    7/10/2026Senate
  2. Effective Date January 1, 2027

    7/10/2026Senate
  3. Governor Approved

    7/10/2026Senate
  4. Sent to the Governor

    6/25/2026Senate
  5. Passed Both Houses

    5/27/2026Senate
  6. Added Alternate Co-Sponsor Rep. Debbie Meyers-Martin

    5/27/2026House
  7. Third Reading - Short Debate - Passed 075-036-001

    5/27/2026House
  8. Third Reading/Final Action Deadline Extended-9(b) May 31, 2026

    5/22/2026House
  9. Placed on Calendar Order of 3rd Reading - Short Debate

    5/21/2026House
  10. Held on Calendar Order of Second Reading - Short Debate

    5/19/2026House
  11. Second Reading - Short Debate

    5/19/2026House
  12. Added Alternate Co-Sponsor Rep. Aarón M. Ortíz

    5/12/2026House
  13. Added Alternate Co-Sponsor Rep. Sonya M. Harper

    5/12/2026House
  14. Added Alternate Co-Sponsor Rep. Edgar González, Jr.

    5/12/2026House
  15. Added Alternate Co-Sponsor Rep. Daniel Didech

    5/12/2026House
  16. Added Alternate Co-Sponsor Rep. Kimberly Du Buclet

    5/12/2026House
  17. Added Alternate Co-Sponsor Rep. Yolonda Morris

    5/12/2026House
  18. Added Alternate Co-Sponsor Rep. Theresa Mah

    5/12/2026House
  19. Added Alternate Chief Co-Sponsor Rep. Justin Slaughter

    5/12/2026House
  20. Added Alternate Chief Co-Sponsor Rep. Barbara Hernandez

    5/12/2026House
  21. Added Alternate Chief Co-Sponsor Rep. Diane Blair-Sherlock

    5/12/2026House
  22. Placed on Calendar 2nd Reading - Short Debate

    5/7/2026House
  23. Do Pass / Short Debate State Government Administration Committee; 006-003-000

    5/6/2026House
  24. Added Alternate Chief Co-Sponsor Rep. Katie Stuart

    5/4/2026House
  25. Added as Chief Co-Sponsor Sen. Mary Edly-Allen

    4/29/2026Senate

Bill Text

  • Engrossed

  • Enrolled

  • Introduced

  • Senate Amendment 1

  • Senate Amendment 2

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