Illinois General Assembly - Bill Status for SB2137

Synopsis As Introduced
Amends the Illinois Prepaid Tuition Act. Makes a change to a reference to the Illinois Pension Code with respect to subjecting the Illinois Student Assistance Commission to the same investment requirements as are imposed upon the board of trustees of a retirement system. Provides for an irrevocable and continuing appropriation (and the irrevocable and continuing authority for and direction to the State Comptroller and the State Treasurer to make the necessary transfers out of and disbursements from the revenues and funds of the State) if for any reason the General Assembly fails to make appropriations of amounts sufficient for the State to pay contractual obligations, and provides that the full faith and credit of the State of Illinois is pledged for the punctual payment of such obligations.

Senate Committee Amendment No. 1
Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with the following changes. Provides for an irrevocable and continuing appropriation from the General Revenue Fund to the Illinois Student Assistance Commission if moneys in the Illinois Prepaid Tuition Trust Fund are insufficient to cover contractual obligations (rather than if for any reason the General Assembly fails to make appropriations of amounts sufficient for the State to pay contractual obligations). Removes the irrevocable and continuing authority of the Comptroller and Treasurer to make the necessary transfers and disbursements.

Actions

Date	Chamber	Action
2/15/2019	Senate	Filed with Secretary by Sen. Scott M. Bennett
2/15/2019	Senate	First Reading
2/15/2019	Senate	Referred to Assignments
2/28/2019	Senate	Added as Co-Sponsor Sen. Paul Schimpf
3/5/2019	Senate	Assigned to Higher Education
3/11/2019	Senate	Added as Chief Co-Sponsor Sen. John F. Curran
3/12/2019	Senate	Postponed - Higher Education
3/13/2019	Senate	Added as Chief Co-Sponsor Sen. Iris Y. Martinez
3/14/2019	Senate	Added as Co-Sponsor Sen. Sue Rezin
3/15/2019	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Scott M. Bennett
3/15/2019	Senate	Senate Committee Amendment No. 1 Referred to Assignments
3/19/2019	Senate	Senate Committee Amendment No. 1 Assignments Refers to Higher Education
3/19/2019	Senate	Senate Committee Amendment No. 1 Adopted
3/20/2019	Senate	Do Pass as Amended Higher Education; 011-000-000
3/20/2019	Senate	Placed on Calendar Order of 2nd Reading March 21, 2019
3/22/2019	Senate	Added as Co-Sponsor Sen. David Koehler
4/5/2019	Senate	Senate Floor Amendment No. 2 Filed with Secretary by Sen. Scott M. Bennett
4/5/2019	Senate	Senate Floor Amendment No. 2 Referred to Assignments
4/9/2019	Senate	Senate Floor Amendment No. 2 Assignments Refers to Higher Education
4/9/2019	Senate	Second Reading
4/9/2019	Senate	Placed on Calendar Order of 3rd Reading April 10, 2019
4/9/2019	Senate	Senate Floor Amendment No. 2 Recommend Do Adopt Higher Education; 010-000-000
4/11/2019	Senate	Added as Co-Sponsor Sen. Dan McConchie
4/12/2019	Senate	Rule 2-10 Third Reading Deadline Established As May 2, 2019
5/2/2019	Senate	Rule 3-9(a) / Re-referred to Assignments
7/3/2019	Senate	Senate Floor Amendment No. 2 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
1/13/2021	Senate	Session Sine Die

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