STATE FUNDS CONSOLIDATION ACT Senate SponsorsSen. Linda Holmes-Heather A. Steans House Sponsors(Rep. Emily McAsey) 1/13/2015SenateSession Sine Die New ActCreates the State Funds Consolidation Act. Creates the State Funds Consolidation Board that shall: (i) review and analyze the current structure of the State's funds held in the State Treasury; (ii) review the Auditor General's finding regarding the excessive number of State funds that are held by the State; (iii) review specific funds to determine if it would be beneficial to the State to consolidate certain funds into existing or new funds; and (iv) report any recommendations to the General Assembly, the State Comptroller, the Governor, and the State Treasurer on an annual basis. Provides for the membership of the Board. Repeals the Act on June 30, 2018. Effective immediately. 2/14/2014SenateFiled with Secretary by Sen. Linda Holmes 2/14/2014SenateFirst Reading 2/14/2014SenateReferred to Assignments 2/25/2014SenateAssigned to State Government and Veterans Affairs 3/6/2014SenatePostponed - State Government and Veterans Affairs 3/6/2014SenateAdded as Chief Co-Sponsor Sen. Heather A. Steans 3/21/2014SenateDo Pass State Government and Veterans Affairs; 009-000-000 3/21/2014SenatePlaced on Calendar Order of 2nd Reading March 25, 2014 3/27/2014SenateSecond Reading 3/27/2014SenatePlaced on Calendar Order of 3rd Reading April 1, 2014 4/2/2014SenateThird Reading - Passed; 054-001-000 4/3/2014HouseArrived in House 4/3/2014HouseChief House Sponsor Rep. Emily McAsey 4/3/2014HouseFirst Reading 4/3/2014HouseReferred to Rules Committee 1/13/2015SenateSession Sine Die