IL SB2921 | 2017-2018 | 100th General Assembly

Status

Spectrum: Partisan Bill (Democrat 7-0)
Status: Vetoed on August 28 2018 - 100% progression
Action: 2018-08-28 - Governor Amendatory Veto
Text: Latest bill text (Veto Message) [HTML]

Summary

Amends the State Treasurer Act. Modifies and reorganizes the provisions of a Section concerning the College Savings Pool. Provides that the State Treasurer may establish and administer a College Savings Pool as a qualified tuition program under the Internal Revenue Code, and that the Pool may consist of one or more college savings programs. Provides that the State Treasurer, in administering the College Savings Pool, may receive, hold, and invest moneys paid into the Pool and perform such other actions as are necessary to ensure that the Pool operates as a qualified tuition program under the Internal Revenue Code. Provides provisions concerning administration, availability, fees, and investment restrictions of the Pool. Modifies the way in which investments, distributions, contributions, and bonds are made regarding the Pool. Defines terms. Makes conforming, technical, and other changes. Effective immediately.

Tracking Information

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Title

TREASURER-COLLEGE SAVINGS POOL

Sponsors


Roll Calls

2018-05-31 - Senate - Concurrence in Senate (Y: 49 N: 0 NV: 10 Abs: 0) [PASS]
2018-05-31 - House - Third Reading in House (Y: 101 N: 13 NV: 2 Abs: 0) [PASS]
2018-04-18 - Senate - Third Reading in Senate (Y: 57 N: 0 NV: 2 Abs: 0) [PASS]

History

DateChamberAction
2018-08-28SenateGovernor Amendatory Veto
2018-06-29SenateSent to the Governor
2018-05-31SenateAdded as Chief Co-Sponsor Sen. Cristina Castro
2018-05-31SenatePassed Both Houses
2018-05-31SenateSenate Concurs
2018-05-31SenateHouse Floor Amendment No. 1 Senate Concurs 049-000-000
2018-05-31SenateHouse Floor Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments
2018-05-31SenateHouse Floor Amendment No. 1 Motion to Concur Referred to Assignments
2018-05-31SenateHouse Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Bill Cunningham
2018-05-31SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1 - May 31, 2018
2018-05-31SenateSecretary's Desk - Concurrence House Amendment(s) 1
2018-05-31HouseThird Reading - Short Debate - Passed 101-013-000
2018-05-31HousePlaced on Calendar Order of 3rd Reading - Short Debate
2018-05-31HouseHouse Floor Amendment No. 1 Adopted
2018-05-30HouseHouse Floor Amendment No. 1 Recommends Be Adopted Executive Committee; 011-000-000
2018-05-30HouseHouse Floor Amendment No. 1 Rules Refers to Executive Committee
2018-05-29HouseHeld on Calendar Order of Second Reading - Short Debate
2018-05-29HouseSecond Reading - Short Debate
2018-05-29HouseHouse Floor Amendment No. 1 Referred to Rules Committee
2018-05-29HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Emanuel Chris Welch
2018-05-29HousePlaced on Calendar 2nd Reading - Short Debate
2018-05-29HouseDo Pass / Short Debate Executive Committee; 011-000-000
2018-05-28HouseMotion to Suspend Rule 21 - Prevailed
2018-05-28HouseMotion Filed to Suspend Rule 21 Executive Committee; Rep. Barbara Flynn Currie
2018-05-28HouseFinal Action Deadline Extended-9(b) May 31, 2018
2018-05-28HouseAssigned to Executive Committee
2018-04-24HouseReferred to Rules Committee
2018-04-24HouseFirst Reading
2018-04-24HouseChief House Sponsor Rep. Emanuel Chris Welch
2018-04-19SenateAdded as Co-Sponsor Sen. Kimberly A. Lightford
2018-04-18HouseArrived in House
2018-04-18SenateThird Reading - Passed; 057-000-000
2018-04-18SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
2018-04-10SenatePlaced on Calendar Order of 3rd Reading April 11, 2018
2018-04-10SenateSecond Reading
2018-03-15SenateAdded as Chief Co-Sponsor Sen. Laura M. Murphy
2018-03-01SenatePlaced on Calendar Order of 2nd Reading March 13, 2018
2018-03-01SenateDo Pass State Government; 006-000-000
2018-02-28SenateAdded as Chief Co-Sponsor Sen. Patricia Van Pelt
2018-02-21SenateAssigned to State Government
2018-02-14SenateReferred to Assignments
2018-02-14SenateFirst Reading
2018-02-14SenateFiled with Secretary by Sen. Bill Cunningham

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1550516.5Amended CodeCitation Text

Illinois State Sources


Bill Comments

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