Bill Status of SB2968

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SB2968 - 104th General Assembly

NON-PROFIT INVESTMENT POOL
Last Action
2/03/2026 - Senate: Assigned to Executive
Senate Sponsors
Sen. Adriane Johnson
Statutes Amended In Order of Appearance
15 ILCS 505/17.2 new
Synopsis As Introduced
Amends the State Treasurer Act. Provides that the State Treasurer may establish and administer a non-profit investment pool and an electronic payment processing program to supplement and enhance investment opportunities and secure electronic payment options otherwise available to not-for-profit corporations in the State. Provides that the Treasurer may receive funds paid into the pool for the purpose of holding and investing those funds. Provides for surety bonds payable to not-for-profit corporations who participate in the pool. Provides that the Treasurer shall adopt rules for the efficient administration of the pool.
Actions
Date Chamber Action
1/27/2026 Senate Filed with Secretary by Sen. Adriane Johnson
1/27/2026 Senate First Reading
1/27/2026 Senate Referred to Assignments
2/03/2026 Senate Assigned to Executive