HB4560 - 104th General Assembly

TREASURER-PRESENTMENT WARRANTY
Last Action
4/10/2026 - Senate: Referred to Assignments
House Sponsors
Rep. Michael J. Kelly - Diane Blair-Sherlock

Senate Sponsors
(Sen. Michael W. Halpin)
Statutes Amended In Order of Appearance
15 ILCS 505/11.5 new
Synopsis As Introduced
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.
Actions
Date Chamber Action
1/23/2026 House Filed with the Clerk by Rep. Michael J. Kelly
1/30/2026 House First Reading
1/30/2026 House Referred to Rules Committee
2/17/2026 House Assigned to State Government Administration Committee
3/10/2026 House Added Co-Sponsor Rep. Diane Blair-Sherlock
3/19/2026 House Do Pass / Short Debate State Government Administration Committee; 009-000-000
3/20/2026 House Placed on Calendar 2nd Reading - Short Debate
4/07/2026 House Second Reading - Short Debate
4/07/2026 House Placed on Calendar Order of 3rd Reading - Short Debate
4/09/2026 House Removed Co-Sponsor Rep. Diane Blair-Sherlock
4/09/2026 House Added Chief Co-Sponsor Rep. Diane Blair-Sherlock
4/09/2026 House Third Reading - Short Debate - Passed 099-000-002
4/10/2026 Senate Arrive in Senate
4/10/2026 Senate Placed on Calendar Order of First Reading
4/10/2026 Senate Chief Senate Sponsor Sen. Michael W. Halpin
4/10/2026 Senate First Reading
4/10/2026 Senate Referred to Assignments