Illinois Senate Bill 1556 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 26 2021 - 25% progression, died in committee
Action: 2021-07-16 - Senate Floor Amendment No. 2 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Creates the Financial Literacy Task Force Act (rather than the Equity through Financial Literacy Task Force Act). Creates the Financial Literacy Task Force to study and identify best practices for increasing the financial capacity of young adults in Illinois and develop recommendations for increasing the availability, uptake, and positive outcomes of financial education in this State's postsecondary academic institutions. Provides for membership of the Task Force. Provides that members appointed to the Commission must reflect the racial, ethnic, religious, and geographic diversity of this State. Provides for administrative support for the Task Force. Provides meeting requirements. Provides that members of the Task Force shall serve without compensation. Provides that on or before December 31, 2022, the Task Force shall submit a report to the Governor and General Assembly regarding financial literacy education in postsecondary academic institutions. Provides for contents of the report. Repeals the Act on January 1, 2024. Effective immediately.

FINANCIAL LITERACY TASK FORCE

Sen. Celina Villanueva [D]

Sen. Jacqueline Collins [D]

Date	Chamber	Action
2021-07-16	Senate	Senate Floor Amendment No. 2 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2021-04-23	Senate	Rule 3-9(a) / Re-referred to Assignments
2021-04-20	Senate	Senate Floor Amendment No. 2 Assignments Refers to Human Rights
2021-04-16	Senate	Senate Floor Amendment No. 2 Referred to Assignments
2021-04-16	Senate	Senate Floor Amendment No. 2 Filed with Secretary by Sen. Celina Villanueva
2021-04-15	Senate	Placed on Calendar Order of 2nd Reading April 20, 2021
2021-04-15	Senate	Do Pass as Amended Human Rights; 007-000-000
2021-04-15	Senate	Senate Committee Amendment No. 1 Adopted
2021-04-13	Senate	Senate Committee Amendment No. 1 Assignments Refers to Human Rights
2021-04-09	Senate	Senate Committee Amendment No. 1 Referred to Assignments
2021-04-09	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Celina Villanueva
2021-03-19	Senate	Postponed - Human Rights
2021-03-09	Senate	Assigned to Human Rights
2021-03-05	Senate	Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
2021-02-26	Senate	Referred to Assignments
2021-02-26	Senate	First Reading
2021-02-26	Senate	Filed with Secretary by Sen. Celina Villanueva

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1556&GAID=16&DocTypeID=SB&SessionID=110&GA=102
Text	https://www.ilga.gov/legislation/102/SB/10200SB1556.htm
Amendment	https://www.ilga.gov/legislation/102/SB/10200SB1556sam001.htm
Amendment	https://www.ilga.gov/legislation/102/SB/10200SB1556sam002.htm