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]

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.

Tracking Information

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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]

History

DateChamberAction
2011-08-08HousePublic Act . . . . . . . . . 97-0274
2011-08-08HouseEffective Date August 8, 2011
2011-08-08HouseGovernor Approved
2011-06-10HouseSent to the Governor
2011-05-12HousePassed Both Houses
2011-05-12SenateThird Reading - Passed; 057-000-000
2011-05-06SenatePlaced on Calendar Order of 3rd Reading May 10, 2011
2011-05-06SenateSecond Reading
2011-05-05SenatePlaced on Calendar Order of 2nd Reading May 6, 2011
2011-05-05SenateDo Pass Executive; 014-000-000
2011-04-27SenateAssigned to Executive
2011-04-14SenateReferred to Assignments
2011-04-14SenateFirst Reading
2011-04-14SenateChief Senate Sponsor Sen. Pamela J. Althoff
2011-04-14SenatePlaced on Calendar Order of First Reading
2011-04-14SenateArrive in Senate
2011-04-13HouseThird Reading - Short Debate - Passed 116-000-000
2011-04-12HousePlaced on Calendar Order of 3rd Reading - Short Debate
2011-04-12HouseHouse Floor Amendment No. 1 Adopted by Voice Vote
2011-04-12HouseSecond Reading - Short Debate
2011-04-06HouseHouse Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-000-000
2011-04-05HouseHouse Floor Amendment No. 1 Referred to Rules Committee
2011-04-05HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Constance A. Howard
2011-03-17HouseAdded Chief Co-Sponsor Rep. La Shawn K. Ford
2011-03-17HousePlaced on Calendar 2nd Reading - Short Debate
2011-03-17HouseDo Pass / Short Debate Executive Committee; 011-000-000
2011-02-28HouseAssigned to Executive Committee
2011-02-24HouseReferred to Rules Committee
2011-02-24HouseFirst Reading
2011-02-24HouseFiled with the Clerk by Rep. Constance A. Howard

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3079010Amended CodeCitation Text
307905Amended CodeCitation Text

Illinois State Sources


Bill Comments

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