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<xml>
<title>Illinois General Assembly - Bill Status for SB 2976</title>
<shortdesc>TREASURER-PRESENTMENT WARRANTY</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Michael W. Halpin-Patrick J. Joyce</sponsors>
</sponsor>
<lastaction>
<statusdate>3/26/2026</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 14, 2026</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>15 ILCS 505/11.5 new</reference><aliasreference></aliasreference><SynopsisText>Amends the State Treasurer Act. Provides that the State Treasurer may bring a claim against a warrantor of a draft for breach of a presentment warranty to recover State funds in accordance with the Uniform Commercial Code. Provides that a claim brought by the State Treasurer is not subject to the limitations provided for in those provisions of the Uniform Commercial Code. Provides that the amendatory changes are declaratory of existing law. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/27/2026</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Michael W. Halpin</action>
<statusdate>1/27/2026</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/27/2026</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/3/2026</statusdate><chamber>Senate</chamber><action>Assigned to Judiciary</action>
<statusdate>2/18/2026</statusdate><chamber>Senate</chamber><action>Postponed - Judiciary</action>
<statusdate>2/25/2026</statusdate><chamber>Senate</chamber><action>Postponed - Judiciary</action>
<statusdate>3/11/2026</statusdate><chamber>Senate</chamber><action>Do Pass Judiciary;  009-000-000</action>
<statusdate>3/11/2026</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 12, 2026</action>
<statusdate>3/25/2026</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Patrick J. Joyce</action>
<statusdate>3/26/2026</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/26/2026</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 14, 2026</action>
</actions>
</xml>
