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<title>Illinois General Assembly - Bill Status for SB 3157         </title>
<shortdesc>NON-PROFIT INVESTMENT POOL</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Adriane Johnson, Javier L. Cervantes, Mike Porfirio, Emil Jones, III, Linda Holmes, Rachel Ventura, Mary Edly-Allen, Cristina Castro, Ram Villivalam, Celina Villanueva-Christopher Belt, Michael W. Halpin, David Koehler, Sara Feigenholtz, Omar Aquino, Robert Peters and Laura M. Murphy</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Rita Mayfield-Barbara Hernández-Jenn Ladisch Douglass-Diane Blair-Sherlock-Marcus C. Evans, Jr., Camille Y. Lilly, Thaddeus Jones, Bob Morgan, Theresa Mah, Sue Scherer, Dagmara Avelar, Mary Beth Canty, Laura Faver Dias, Maura Hirschauer, Gregg Johnson, Maurice A. West, II, Joyce Mason, Lindsey LaPointe, Suzanne M. Ness, La Shawn K. Ford, Stephanie A. Kifowit, Justin Slaughter, Debbie Meyers-Martin and Katie Stuart)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>15 ILCS 505/10</reference><aliasreference>from Ch. 130, par. 10</aliasreference><reference>15 ILCS 505/17.2 new</reference><aliasreference></aliasreference><reference>30 ILCS 237/10</reference><aliasreference></aliasreference><SynopsisText>Amends the State Treasurer Act. Provides that the State Treasurer may establish and administer a non-profit investment pool to supplement and enhance investment opportunities 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. Makes changes to provisions concerning the direct deposit of State payments. Amends the Accountability for the Investment of Public Funds Act. Provides that the Treasurer shall adopt rules for the efficient administration of the pool. Provides that each State agency shall make available on the Internet, and update at least monthly, no later than the end of each month (rather than by the 15th of the month), sufficient information concerning the investment of any public funds held by that State agency to identify specified information. Effective immediately.</SynopsisText><synopsistitle>Senate Committee Amendment No. 1</synopsistitle>
<SynopsisText>Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with the following changes. Provides that the State Treasurer may establish an electronic payment processing program to supplement and enhance secure electronic payment options otherwise available to not-for-profit corporations in the State. Provides that the State Treasurer may receive funds paid into the non-profit investment pool by a not-for-profit corporation that is exempt from taxation under Section 501(c)(3), 501(c)(4), or 501(c)(6) of the Internal Revenue Code (rather than Section 501(c) of the Internal Revenue Code).</SynopsisText><synopsistitle>Senate Floor Amendment No. 2</synopsistitle>
<SynopsisText>Provides that the Treasurer may not receive funds from a not-for-profit organization that expends any of its funding to: (1) advocate for discrimination against any categories of people who are protected under the Illinois Human Rights Act; or (2) impede persons from safely accessing reproductive health care as defined by the Reproductive Health Act that includes advocating for limitations on reproductive health care or by providing misleading information about abortion.</SynopsisText><synopsistitle>House Floor Amendment No. 1</synopsistitle>
<SynopsisText>Provides that, in order to be eligible to participate in the non-profit investment pool, the not-for-profit corporation shall provide the Treasurer with a copy of the most recent audited financial statement or charitable organization annual report filed with the Attorney General.</SynopsisText><synopsistitle>House Floor Amendment No. 2</synopsistitle>
<SynopsisText>Provides that the Treasurer may not receive funds from a not-for-profit organization that expends any of its funding to: (1) advocate for discrimination against any categories of people who are protected under the Illinois Human Rights Act or (2) impede persons from safely accessing reproductive health care as defined by the Illinois Reproductive Health Act that includes advocating for limitations on reproductive health care or by providing misleading information about abortion.</SynopsisText></synopsis>
<actions>
<statusdate>2/6/2024</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Adriane Johnson</action>
<statusdate>2/6/2024</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/6/2024</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/14/2024</statusdate><chamber>Senate</chamber><action>Assigned to Financial Institutions</action>
<statusdate>3/6/2024</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Adriane Johnson</action>
<statusdate>3/6/2024</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>3/12/2024</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions</action>
<statusdate>3/12/2024</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Adopted</action>
<statusdate>3/13/2024</statusdate><chamber>Senate</chamber><action>Do Pass as Amended Financial Institutions;  005-002-000</action>
<statusdate>3/13/2024</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 14, 2024</action>
<statusdate>3/13/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Javier L. Cervantes</action>
<statusdate>3/13/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Mike Porfirio</action>
<statusdate>3/14/2024</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/14/2024</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 20, 2024</action>
<statusdate>4/5/2024</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Filed with Secretary by Sen. Adriane Johnson</action>
<statusdate>4/5/2024</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Referred to Assignments</action>
<statusdate>4/9/2024</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Assignments Refers to Financial Institutions</action>
<statusdate>4/9/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. John F. Curran</action>
<statusdate>4/10/2024</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Recommend Do Adopt Financial Institutions;  006-000-000</action>
<statusdate>4/10/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Emil Jones, III</action>
<statusdate>4/10/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Linda Holmes</action>
<statusdate>4/10/2024</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>4/10/2024</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Adopted</action>
<statusdate>4/10/2024</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading</action>
<statusdate>4/10/2024</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 059-000-000</action>
<statusdate>4/10/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Rachel Ventura</action>
<statusdate>4/10/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Jil Tracy</action>
<statusdate>4/10/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Mary Edly-Allen</action>
<statusdate>4/10/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Cristina Castro</action>
<statusdate>4/10/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Ram Villivalam</action>
<statusdate>4/10/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Celina Villanueva</action>
<statusdate>4/10/2024</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/11/2024</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Rita Mayfield</action>
<statusdate>4/11/2024</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Christopher Belt</action>
<statusdate>4/11/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Michael W. Halpin</action>
<statusdate>4/11/2024</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/11/2024</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/11/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. David Koehler</action>
<statusdate>4/15/2024</statusdate><chamber>House</chamber><action>Assigned to State Government Administration Committee</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Camille Y. Lilly</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Thaddeus Jones</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Jenn Ladisch Douglass</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Diane Blair-Sherlock</action>
<statusdate>4/16/2024</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Marcus C. Evans, Jr.</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Bob Morgan</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Theresa Mah</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Sue Scherer</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Dagmara Avelar</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Mary Beth Canty</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Laura Faver Dias</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Maura Hirschauer</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Gregg Johnson</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Barbara Hernández</action>
<statusdate>4/18/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Maurice A. West, II</action>
<statusdate>5/1/2024</statusdate><chamber>House</chamber><action>Do Pass / Short Debate State Government Administration Committee;  005-002-000</action>
<statusdate>5/2/2024</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/6/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Sara Feigenholtz</action>
<statusdate>5/7/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Filed with Clerk by Rep. Rita Mayfield</action>
<statusdate>5/7/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Referred to Rules Committee</action>
<statusdate>5/8/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Omar Aquino</action>
<statusdate>5/9/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Joyce Mason</action>
<statusdate>5/9/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Lindsey LaPointe</action>
<statusdate>5/9/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Suzanne M. Ness</action>
<statusdate>5/9/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. La Shawn K. Ford</action>
<statusdate>5/9/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Stephanie A. Kifowit</action>
<statusdate>5/9/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Justin Slaughter</action>
<statusdate>5/9/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Debbie Meyers-Martin</action>
<statusdate>5/13/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Rules Refers to State Government Administration Committee</action>
<statusdate>5/14/2024</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Katie Stuart</action>
<statusdate>5/14/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Robert Peters</action>
<statusdate>5/15/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Recommends Be Adopted State Government Administration Committee;  005-003-000</action>
<statusdate>5/16/2024</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/16/2024</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate</action>
<statusdate>5/17/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Laura M. Murphy</action>
<statusdate>5/17/2024</statusdate><chamber>House</chamber><action>Third Reading/Final Action Deadline Extended-9(b) May 24, 2024</action>
<statusdate>5/23/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Filed with Clerk by Rep. Rita Mayfield</action>
<statusdate>5/23/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Referred to Rules Committee</action>
<statusdate>5/23/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 3 Filed with Clerk by Rep. Rita Mayfield</action>
<statusdate>5/23/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 3 Referred to Rules Committee</action>
<statusdate>5/23/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Rules Refers to State Government Administration Committee</action>
<statusdate>5/23/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Recommends Be Adopted State Government Administration Committee;  005-003-000</action>
<statusdate>5/24/2024</statusdate><chamber>Senate</chamber><action>Sponsor Removed Sen. John F. Curran</action>
<statusdate>5/24/2024</statusdate><chamber>Senate</chamber><action>Sponsor Removed Sen. Jil Tracy</action>
<statusdate>5/24/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 3 Rules Refers to State Government Administration Committee</action>
<statusdate>5/24/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 3 Motion Filed to Table Rep. Rita Mayfield</action>
<statusdate>5/24/2024</statusdate><chamber>House</chamber><action>Third Reading/Final Action Deadline Extended-9(b) May 27, 2024</action>
<statusdate>5/25/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Adopted</action>
<statusdate>5/25/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Adopted</action>
<statusdate>5/25/2024</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/25/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Motion Filed to Table Rep. Rita Mayfield</action>
<statusdate>5/25/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Motion Filed to Table Rep. Rita Mayfield</action>
<statusdate>5/26/2024</statusdate><chamber>House</chamber><action>Third Reading/Final Action Deadline Extended-9(b) May 31, 2024</action>
<statusdate>5/31/2024</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>5/31/2024</statusdate><chamber>House</chamber><action>House Floor Amendment No. 3 Rule 19(c) / Re-referred to Rules Committee</action>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

