Illinois General Assembly - Bill Status for HB3377

Illinois General Assembly - Bill Status for HB3377

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Bill Status of HB3377 97th General Assembly

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Short Description: CHARIT TRUST STABILIZ-ADMIN

House Sponsors
Rep. Constance A. Howard - La Shawn K. Ford

Senate Sponsors
(Sen. Pamela J. Althoff)

Last Action

Date	Chamber	Action
8/8/2011	House	Public Act . . . . . . . . . 97-0274

Statutes Amended In Order of Appearance

Synopsis As Introduced
Amends the Charitable Trust Stabilization Act. Provides that the State Treasurer may (now, shall) make grants to public and private entities. Provides that special attention shall be given and preferences for recommending grants may be given to entities with operating budgets of less than $1,000,000. Removes language permitting moneys in the Charitable Trust Stabilization Fund to be used for loans. Provides that 20% of the amount deposited into the Fund must be set aside for the operating budget of the Fund (now, the Fund and Charitable Trust Stabilization Committee). Provides that the State Treasurer (now, the Committee) shall adopt rules and administer the Fund. Provides that the Office of the State Treasurer (now, the Department of Commerce and Economic Opportunity) shall provide staff and administrative support services to the Committee. Removes language providing for the employment and the duties of a director of the Committee. Provides that the Treasurer may transfer all or a portion of the balance of the Fund to a third-party administrator. Effective immediately.

House Floor Amendment No. 1
Provides that special attention shall be given and preferences for recommending grants may be given to entities with operating budgets of less than $1,000,000 that are located within a depressed area. Provides that the Charitable Trust Stabilization Committee (rather than the State Treasurer) shall establish committees and officers as it deems necessary.

Actions

Date	Chamber	Action
2/24/2011	House	Filed with the Clerk by Rep. Constance A. Howard
2/24/2011	House	First Reading
2/24/2011	House	Referred to Rules Committee
2/28/2011	House	Assigned to Executive Committee
3/17/2011	House	Do Pass / Short Debate Executive Committee; 011-000-000
3/17/2011	House	Placed on Calendar 2nd Reading - Short Debate
3/17/2011	House	Added Chief Co-Sponsor Rep. La Shawn K. Ford
4/5/2011	House	House Floor Amendment No. 1 Filed with Clerk by Rep. Constance A. Howard
4/5/2011	House	House Floor Amendment No. 1 Referred to Rules Committee
4/6/2011	House	House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-000-000
4/12/2011	House	Second Reading - Short Debate
4/12/2011	House	House Floor Amendment No. 1 Adopted by Voice Vote
4/12/2011	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/13/2011	House	Third Reading - Short Debate - Passed 116-000-000
4/14/2011	Senate	Arrive in Senate
4/14/2011	Senate	Placed on Calendar Order of First Reading
4/14/2011	Senate	Chief Senate Sponsor Sen. Pamela J. Althoff
4/14/2011	Senate	First Reading
4/14/2011	Senate	Referred to Assignments
4/27/2011	Senate	Assigned to Executive
5/5/2011	Senate	Do Pass Executive; 014-000-000
5/5/2011	Senate	Placed on Calendar Order of 2nd Reading May 6, 2011
5/6/2011	Senate	Second Reading
5/6/2011	Senate	Placed on Calendar Order of 3rd Reading May 10, 2011
5/12/2011	Senate	Third Reading - Passed; 057-000-000
5/12/2011	House	Passed Both Houses
6/10/2011	House	Sent to the Governor
8/8/2011	House	Governor Approved
8/8/2011	House	Effective Date August 8, 2011
8/8/2011	House	Public Act . . . . . . . . . 97-0274