Bill Sponsor
Illinois Senate Bill 2968
Session 104th
Non-Profit Investment Pool
Introduced
Introduced
Introduced in Senate on Jan 27, 2026
First Action
Jan 27, 2026
Latest Action
Mar 26, 2026
Origin Chamber
Senate
Type
Bill
Bill Number
2968
State
Illinois
Session
104th
Sponsorship by Party
Democrat
Primary
Senate Votes (2)
Motion Text
Executive
Summary
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 (12)
03/26/2026
Senate
Added as Co-Sponsor Sen. Laura M. Murphy
03/25/2026
Senate
Placed on Calendar Order of 2nd Reading March 26, 2026
03/25/2026
Senate
Do Pass as Amended Executive; 010-003-000
03/25/2026
Senate
Senate Committee Amendment No. 1 Adopted
03/24/2026
Senate
Senate Committee Amendment No. 1 Assignments Refers to Executive
03/23/2026
Senate
Senate Committee Amendment No. 1 Referred to Assignments
03/23/2026
Senate
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Adriane Johnson
03/13/2026
Senate
Rule 2-10 Committee Deadline Established As March 27, 2026
02/03/2026
Senate
Assigned to Executive
01/27/2026
Senate
Referred to Assignments
01/27/2026
Senate
First Reading
01/27/2026
Senate
Filed with Secretary by Sen. Adriane Johnson
Sources
Record Created
Mar 2, 2026 9:37:55 PM
Record Updated
Mar 28, 2026 12:11:08 AM