SB2968 - 104th General Assembly (2025-2026)

NON-PROFIT INVESTMENT POOL
Last Action
2/03/2026 - Senate: Assigned to Executive
Senate Sponsors
Sen. Adriane Johnson
Hearings
Executive Hearing Mar 25 2026 2:00PM Capitol 212 Springfield, IL
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.
Actions
DateChamberAction
1/27/2026SenateFiled with Secretary by Sen. Adriane Johnson
1/27/2026SenateFirst Reading
1/27/2026SenateReferred to Assignments
2/03/2026SenateAssigned to Executive
3/13/2026SenateRule 2-10 Committee Deadline Established As March 27, 2026
3/23/2026SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Adriane Johnson
3/23/2026SenateSenate Committee Amendment No. 1 Referred to Assignments