IL HB3377 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Passed on August 8 2011 - 100% progression
Action: 2011-08-08 - Public Act . . . . . . . . . 97-0274
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Passed on August 8 2011 - 100% progression
Action: 2011-08-08 - Public Act . . . . . . . . . 97-0274
Text: Latest bill text (Chaptered) [HTML]
Summary
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.
Title
CHARIT TRUST STABILIZ-ADMIN
Sponsors
Roll Calls
2011-05-12 - Senate - Third Reading in Senate (Y: 57 N: 0 NV: 2 Abs: 0) [PASS]
2011-04-13 - House - Third Reading in House (Y: 116 N: 0 NV: 0 Abs: 0) [PASS]
2011-04-13 - House - Third Reading in House (Y: 116 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2011-08-08 | House | Public Act . . . . . . . . . 97-0274 |
2011-08-08 | House | Effective Date August 8, 2011 |
2011-08-08 | House | Governor Approved |
2011-06-10 | House | Sent to the Governor |
2011-05-12 | House | Passed Both Houses |
2011-05-12 | Senate | Third Reading - Passed; 057-000-000 |
2011-05-06 | Senate | Placed on Calendar Order of 3rd Reading May 10, 2011 |
2011-05-06 | Senate | Second Reading |
2011-05-05 | Senate | Placed on Calendar Order of 2nd Reading May 6, 2011 |
2011-05-05 | Senate | Do Pass Executive; 014-000-000 |
2011-04-27 | Senate | Assigned to Executive |
2011-04-14 | Senate | Referred to Assignments |
2011-04-14 | Senate | First Reading |
2011-04-14 | Senate | Chief Senate Sponsor Sen. Pamela J. Althoff |
2011-04-14 | Senate | Placed on Calendar Order of First Reading |
2011-04-14 | Senate | Arrive in Senate |
2011-04-13 | House | Third Reading - Short Debate - Passed 116-000-000 |
2011-04-12 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
2011-04-12 | House | House Floor Amendment No. 1 Adopted by Voice Vote |
2011-04-12 | House | Second Reading - Short Debate |
2011-04-06 | House | House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-000-000 |
2011-04-05 | House | House Floor Amendment No. 1 Referred to Rules Committee |
2011-04-05 | House | House Floor Amendment No. 1 Filed with Clerk by Rep. Constance A. Howard |
2011-03-17 | House | Added Chief Co-Sponsor Rep. La Shawn K. Ford |
2011-03-17 | House | Placed on Calendar 2nd Reading - Short Debate |
2011-03-17 | House | Do Pass / Short Debate Executive Committee; 011-000-000 |
2011-02-28 | House | Assigned to Executive Committee |
2011-02-24 | House | Referred to Rules Committee |
2011-02-24 | House | First Reading |
2011-02-24 | House | Filed with the Clerk by Rep. Constance A. Howard |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
30 | 790 | 10 | Amended Code | Citation Text |
30 | 790 | 5 | Amended Code | Citation Text |