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<xml>
<title>Illinois General Assembly - Bill Status for HB 4616         </title>
<shortdesc>FINANCE-CHARITABLE TRUST FUND</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Debbie Meyers-Martin-William Davis</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 790/5</reference><aliasreference></aliasreference><SynopsisText>     Amends the Charitable Trust Stabilization Act. Provides that special attention shall be given to public and private entities with operating budgets of less than $2,000,000 (rather than $1,000,000) that are located within a depressed area. Provides that moneys in the Charitable Trust Stabilization Fund may be used for grants for operational purposes of organizations participating under the Act (rather than grants for the start-up or operational purposes of participating organizations). Removes a provision requiring the transfer of moneys to and from the Charitable Trust Stabilization Fund. Makes conforming changes. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/5/2020</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Debbie Meyers-Martin</action>
<statusdate>2/5/2020</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/5/2020</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/12/2020</statusdate><chamber>House</chamber><action>Assigned to Appropriations-General Services Committee</action>
<statusdate>3/12/2020</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. William Davis</action>
<statusdate>6/23/2020</statusdate><chamber>House</chamber><action>Rule 19(b) / Re-referred to Rules Committee</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

