Illinois General Assembly - Bill Status for SB1405
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 Bill Status of SB1405  97th General Assembly


Short Description:  STATE FUNDS CONSOLIDATION ACT

Senate Sponsors
Sen. Linda Holmes - Daniel Biss - Dan Kotowski, Jason A. Barickman, Scott M. Bennett and Julie A. Morrison

House Sponsors
(Rep. Robert W. Pritchard - Scott Drury)

Last Action
DateChamber Action
  1/10/2017SenateSession Sine Die

Statutes Amended In Order of Appearance
New Act


Synopsis As Introduced
Creates the State Funds Consolidation Act. Creates the State Funds Consolidation Board that shall: (i) review and analyze the current structure of the State's funds held in the State Treasury; (ii) review the Auditor General's finding regarding the excessive number of State funds that are held by the State; (iii) review specific funds to determine if it would be beneficial to the State to consolidate certain funds into existing or new funds; and (iv) report any recommendations to the General Assembly, the State Comptroller, the Governor, and the State Treasurer on an annual basis. Provides for the membership of the Board. Repeals the Act on June 30, 2019. Effective immediately.

Actions 
DateChamber Action
  2/20/2015SenateFiled with Secretary by Sen. Linda Holmes
  2/20/2015SenateFirst Reading
  2/20/2015SenateReferred to Assignments
  2/20/2015SenateAdded as Co-Sponsor Sen. Jason A. Barickman
  3/2/2015SenateAdded as Chief Co-Sponsor Sen. Daniel Biss
  3/3/2015SenateAssigned to State Government and Veterans Affairs
  3/12/2015SenatePostponed - State Government and Veterans Affairs
  3/26/2015SenateDo Pass State Government and Veterans Affairs; 007-000-000
  3/26/2015SenatePlaced on Calendar Order of 2nd Reading April 14, 2015
  4/16/2015SenateSecond Reading
  4/16/2015SenatePlaced on Calendar Order of 3rd Reading April 21, 2015
  4/21/2015SenateThird Reading - Passed; 055-000-000
  4/21/2015SenateAdded as Co-Sponsor Sen. Scott M. Bennett
  4/21/2015SenateAdded as Chief Co-Sponsor Sen. Dan Kotowski
  4/21/2015HouseArrived in House
  4/21/2015HouseChief House Sponsor Rep. Robert W. Pritchard
  4/21/2015HouseFirst Reading
  4/21/2015HouseReferred to Rules Committee
  4/23/2015SenateAdded as Co-Sponsor Sen. Julie A. Morrison
  4/28/2015HouseAdded Alternate Chief Co-Sponsor Rep. Scott Drury
  1/10/2017SenateSession Sine Die

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