Bill Status of SB2976

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SB2976 - 104th General Assembly

TREASURER-PRESENTMENT WARRANTY
Last Action
2/25/2026 - Senate: Postponed - Judiciary
Senate Sponsors
Sen. Michael W. Halpin
Statutes Amended In Order of Appearance
15 ILCS 505/11.5 new
Synopsis As Introduced
Amends the State Treasurer Act. Provides that the State Treasurer may bring a claim against a warrantor of a draft for breach of a presentment warranty to recover State funds in accordance with the Uniform Commercial Code. Provides that a claim brought by the State Treasurer is not subject to the limitations provided for in those provisions of the Uniform Commercial Code. Provides that the amendatory changes are declaratory of existing law. Effective immediately.
Actions
Date Chamber Action
1/27/2026 Senate Filed with Secretary by Sen. Michael W. Halpin
1/27/2026 Senate First Reading
1/27/2026 Senate Referred to Assignments
2/03/2026 Senate Assigned to Judiciary
2/18/2026 Senate Postponed - Judiciary
2/25/2026 Senate Postponed - Judiciary