HB5045 - 104th General Assembly

NON-PROFIT INVESTMENT POOL
Last Action
5/06/2026 - Senate: Postponed - Executive
Statutes Amended In Order of Appearance
15 ILCS 505/17.2 new
Synopsis As Introduced
Amends the State Treasurer Act. Provides that the State Treasurer may establish and administer a non-profit investment pool and an electronic payment processing program to supplement and enhance investment opportunities and secure electronic payment options 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. Provides that the Treasurer shall adopt rules for the efficient administration of the pool.

House Floor Amendment No. 2
Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with the following changes. Provides that, in order to be eligible to participate in the non-profit investment pool, a not-for-profit corporation shall: (1) not be on the federal system for award management (SAM) exclusion list; (2) not be on the Chief Procurement Officer's suspensions, debarments, voluntary exclusions, and voluntary non-participation agreements list; (3) not be on the Department of Labor's debarred contractors list; (4) not be on the Illinois Stop Payment List established under the Grant Accountability and Transparency Act; and (5) be an organization with a purpose specified in the provision.
Actions
Date Chamber Action
2/04/2026 House Filed with the Clerk by Rep. Rita Mayfield
2/10/2026 House First Reading
2/10/2026 House Referred to Rules Committee
3/18/2026 House Assigned to Executive Committee
3/24/2026 House House Committee Amendment No. 1 Filed with Clerk by Rep. Rita Mayfield
3/24/2026 House House Committee Amendment No. 1 Referred to Rules Committee
3/25/2026 House House Committee Amendment No. 1 Rules Refers to Executive Committee
3/25/2026 House Do Pass / Short Debate Executive Committee; 011-000-000
3/25/2026 House House Committee Amendment No. 1 Tabled
3/25/2026 House Placed on Calendar 2nd Reading - Short Debate
4/07/2026 House House Floor Amendment No. 2 Filed with Clerk by Rep. Rita Mayfield
4/07/2026 House House Floor Amendment No. 2 Referred to Rules Committee
4/08/2026 House House Floor Amendment No. 2 Rules Refers to Executive Committee
4/08/2026 House Added Co-Sponsor Rep. Theresa Mah
4/08/2026 House Added Co-Sponsor Rep. Yolonda Morris
4/08/2026 House Added Co-Sponsor Rep. Lisa Davis
4/08/2026 House Added Co-Sponsor Rep. Debbie Meyers-Martin
4/08/2026 House Added Co-Sponsor Rep. Maura Hirschauer
4/08/2026 House Added Chief Co-Sponsor Rep. Diane Blair-Sherlock
4/08/2026 House Added Chief Co-Sponsor Rep. Barbara Hernandez
4/08/2026 House Added Chief Co-Sponsor Rep. Ann M. Williams
4/08/2026 House Added Chief Co-Sponsor Rep. Justin Slaughter
4/10/2026 House Second Reading - Short Debate
4/10/2026 House Held on Calendar Order of Second Reading - Short Debate
4/14/2026 House Added Co-Sponsor Rep. Camille Y. Lilly
4/16/2026 House House Floor Amendment No. 2 Recommends Be Adopted Executive Committee; 011-000-000
4/16/2026 House House Floor Amendment No. 2 Adopted
4/16/2026 House Placed on Calendar Order of 3rd Reading - Short Debate
4/16/2026 House Chair Rules Standard Debate
4/16/2026 House Placed on Calendar Order of 3rd Reading - Standard Debate
4/16/2026 House Third Reading - Standard Debate - Passed 069-032-001
4/17/2026 House Added Co-Sponsor Rep. Kimberly Du Buclet
4/21/2026 Senate Arrive in Senate
4/21/2026 Senate Placed on Calendar Order of First Reading April 28, 2026
4/22/2026 Senate Chief Senate Sponsor Sen. Adriane Johnson
4/22/2026 Senate First Reading
4/22/2026 Senate Referred to Assignments
4/28/2026 Senate Assigned to Executive
5/06/2026 Senate Postponed - Executive
5/08/2026 Senate Rule 2-10 Committee Deadline Established As May 15, 2026