HB5045 - 104th General Assembly (2025-2026)

NON-PROFIT INVESTMENT POOL
Last Action
4/28/2026 - Senate: Assigned to 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
DateChamberAction
2/04/2026HouseFiled with the Clerk by Rep. Rita Mayfield
2/10/2026HouseFirst Reading
2/10/2026HouseReferred to Rules Committee
3/18/2026HouseAssigned to Executive Committee
3/24/2026HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Rita Mayfield
3/24/2026HouseHouse Committee Amendment No. 1 Referred to Rules Committee
3/25/2026HouseHouse Committee Amendment No. 1 Rules Refers to Executive Committee
3/25/2026HouseDo Pass / Short Debate Executive Committee; 011-000-000
3/25/2026HouseHouse Committee Amendment No. 1 Tabled
3/25/2026HousePlaced on Calendar 2nd Reading - Short Debate
4/07/2026HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Rita Mayfield
4/07/2026HouseHouse Floor Amendment No. 2 Referred to Rules Committee
4/08/2026HouseHouse Floor Amendment No. 2 Rules Refers to Executive Committee
4/08/2026HouseAdded Co-Sponsor Rep. Theresa Mah
4/08/2026HouseAdded Co-Sponsor Rep. Yolonda Morris
4/08/2026HouseAdded Co-Sponsor Rep. Lisa Davis
4/08/2026HouseAdded Co-Sponsor Rep. Debbie Meyers-Martin
4/08/2026HouseAdded Co-Sponsor Rep. Maura Hirschauer
4/08/2026HouseAdded Chief Co-Sponsor Rep. Diane Blair-Sherlock
4/08/2026HouseAdded Chief Co-Sponsor Rep. Barbara Hernandez
4/08/2026HouseAdded Chief Co-Sponsor Rep. Ann M. Williams
4/08/2026HouseAdded Chief Co-Sponsor Rep. Justin Slaughter
4/10/2026HouseSecond Reading - Short Debate
4/10/2026HouseHeld on Calendar Order of Second Reading - Short Debate
4/14/2026HouseAdded Co-Sponsor Rep. Camille Y. Lilly
4/16/2026HouseHouse Floor Amendment No. 2 Recommends Be Adopted Executive Committee; 011-000-000
4/16/2026HouseHouse Floor Amendment No. 2 Adopted
4/16/2026HousePlaced on Calendar Order of 3rd Reading - Short Debate
4/16/2026HouseChair Rules Standard Debate
4/16/2026HousePlaced on Calendar Order of 3rd Reading - Standard Debate
4/16/2026HouseThird Reading - Standard Debate - Passed 069-032-001
4/17/2026HouseAdded Co-Sponsor Rep. Kimberly Du Buclet
4/21/2026SenateArrive in Senate
4/21/2026SenatePlaced on Calendar Order of First Reading April 28, 2026
4/22/2026SenateChief Senate Sponsor Sen. Adriane Johnson
4/22/2026SenateFirst Reading
4/22/2026SenateReferred to Assignments
4/28/2026SenateAssigned to Executive