Illinois Senate Bill 2857 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 3-0)
Status: Vetoed on August 21 2018 - 100% progression
Action: 2018-11-28 - Bill Dead - Amendatory Veto
Text: Latest bill text (Veto Message) [HTML]

Amends the State Treasurer Act. Provides that the State Treasurer may retain an administrative charge for both the costs of services associated with the deposit of moneys that are remitted directly to the State Treasurer and the investment or safekeeping of funds by the State Treasurer. Provides that administrative charges from the investment or safekeeping of funds by the State Treasurer shall be charged no more than monthly and the total amount charged per fiscal year shall not exceed $12,000,000 plus any amounts required as employer contributions under specified statutory Sections. Provides that moneys in the State Treasurer's Administrative Fund are subject to appropriation by the General Assembly. Amends the State Treasurer's Bank Services Trust Fund Act. Provides that moneys deposited in the State Treasurer's Bank Services Trust Fund shall be used by the State Treasurer to pay the cost of, among other banking services, operational expenses of the State Treasurer's Office related to the investment or safekeeping of funds under the Treasurer's control. Makes conforming changes. Effective immediately.

STATE TREASURER-ADMIN CHARGE

Sen. Heather Steans [D]

Sen. Patricia Van Pelt [D]

Rep. Marcus Evans [D]

2018-05-25 - House - Third Reading in House (Y: 72 N: 38 NV: 0 Abs: 3) [PASS]
2018-04-25 - Senate - Third Reading in Senate (Y: 40 N: 16 NV: 3 Abs: 0) [PASS]

Date	Chamber	Action
2018-11-28	Senate	Bill Dead - Amendatory Veto
2018-11-13	Senate	Placed on Calendar Amendatory Veto November 14, 2018
2018-08-21	Senate	Governor Amendatory Veto
2018-06-22	Senate	Sent to the Governor
2018-05-25	Senate	Passed Both Houses
2018-05-25	House	Third Reading - Short Debate - Passed 072-038-000
2018-05-21	House	Placed on Calendar Order of 3rd Reading - Short Debate
2018-05-21	House	Second Reading - Short Debate
2018-05-18	House	Placed on Calendar 2nd Reading - Short Debate
2018-05-16	House	Do Pass / Short Debate State Government Administration Committee; 006-001-000
2018-05-07	House	Assigned to State Government Administration Committee
2018-04-26	House	Referred to Rules Committee
2018-04-26	House	First Reading
2018-04-25	House	Chief House Sponsor Rep. Marcus C. Evans, Jr.
2018-04-25	House	Arrived in House
2018-04-25	Senate	Third Reading - Passed; 040-016-000
2018-04-10	Senate	Placed on Calendar Order of 3rd Reading April 11, 2018
2018-04-10	Senate	Second Reading
2018-03-01	Senate	Placed on Calendar Order of 2nd Reading March 13, 2018
2018-03-01	Senate	Do Pass State Government; 006-002-000
2018-02-28	Senate	Added as Chief Co-Sponsor Sen. Patricia Van Pelt
2018-02-21	Senate	Assigned to State Government
2018-02-14	Senate	Referred to Assignments
2018-02-14	Senate	First Reading
2018-02-14	Senate	Filed with Secretary by Sen. Heather A. Steans

Chapter	Article	Section	Citation Type	Statute Text
15	505	20	Amended Code	Citation Text
30	212	10	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2857&GAID=14&DocTypeID=SB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/SB/10000SB2857.htm
Text	https://www.ilga.gov/legislation/100/SB/10000SB2857eng.htm
Text	https://www.ilga.gov/legislation/100/SB/10000SB2857enr.htm
Text	https://www.ilga.gov/legislation/100/SB/10000SB2857gms.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/100/senate/10000SB2857_04252018_025000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/100/house/10000SB2857_05252018_014000T.pdf