Illinois General Assembly - Bill Status for HB4376
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 Bill Status of HB4376  100th General Assembly


Short Description:  TREASURER-COLLEGE SAVINGS

House Sponsors
Rep. Peter Breen, Margo McDermed, Allen Skillicorn, Patricia R. Bellock, Avery Bourne, Christine Winger and David McSweeney

Last Action
DateChamber Action
  4/13/2018HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
15 ILCS 505/16.5
15 ILCS 505/16.6


Synopsis As Introduced
Amends the State Treasurer Act. In a Section concerning a college savings pool, provides that moneys may be used for qualified expenses allowed pursuant to Section 529 of the Internal Revenue Code. Provides that, before January 1, 2026, the Treasurer shall allow a rollover of funds contained in a College Savings Pool account into an eligible ABLE account. Effective immediately.

Actions 
DateChamber Action
  1/30/2018HouseFiled with the Clerk by Rep. Peter Breen
  1/30/2018HouseFirst Reading
  1/30/2018HouseReferred to Rules Committee
  2/6/2018HouseAdded Co-Sponsor Rep. Margo McDermed
  2/6/2018HouseAdded Co-Sponsor Rep. Allen Skillicorn
  2/8/2018HouseAdded Co-Sponsor Rep. Patricia R. Bellock
  2/12/2018HouseAssigned to Revenue & Finance Committee
  2/20/2018HouseAdded Co-Sponsor Rep. Avery Bourne
  3/1/2018HouseTo Growth, Reform & Fairness Subcommittee
  4/5/2018HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Peter Breen
  4/5/2018HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  4/9/2018HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
  4/12/2018HouseMotion Filed to Discharge Committee Revenue & Finance Committee; Rep. Peter Breen
  4/12/2018HouseMotion Filed to Suspend Rule 21 Revenue & Finance Committee; Rep. Barbara Flynn Currie
  4/12/2018HouseMotion to Suspend Rule 21 - Prevailed
  4/13/2018HouseRule 19(a) / Re-referred to Rules Committee
  4/13/2018HouseHouse Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
  4/20/2018HouseAdded Co-Sponsor Rep. Christine Winger
  4/25/2018HouseAdded Co-Sponsor Rep. David McSweeney
  5/10/2018HouseMotion Withdrawn Rep. Peter Breen

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