IL SB3086 | 2025-2026 | 104th General Assembly
Status
Sponsorship: Partisan Bill (Democrat 6)
Status: Enrolled on May 31 2026 - 75% progression
Action: 2026-06-29 - Sent to the Governor
Text: Latest bill text (Enrolled) [HTML]
Status: Enrolled on May 31 2026 - 75% progression
Action: 2026-06-29 - Sent to the Governor
Text: Latest bill text (Enrolled) [HTML]
Summary
Reinserts the provisions of the engrossed bill with the following changes. Removes the requirement that the issuer of an eligible pooled investment trust not be placed on the Illinois Investment Policy Board's list of restricted companies. Effective immediately.
Title
STATE PERMITTED INVESTMENTS
Sponsors
| Sen. Ram Villivalam [D] | Rep. Kevin Olickal [D] | Rep. Marcus Evans [D] | Rep. Diane Blair-Sherlock [D] |
| Rep. Rick Ryan [D] | Rep. Elizabeth Hernandez [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2026-06-29 | Senate | Sent to the Governor |
| 2026-05-31 | Senate | Passed Both Houses |
| 2026-05-31 | Senate | Senate Concurs |
| 2026-05-31 | Senate | House Floor Amendment No. 1 Senate Concurs 051-006-000 |
| 2026-05-29 | Senate | House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt State Government; 007-000-000 |
| 2026-05-28 | Senate | House Floor Amendment No. 1 Motion to Concur Assignments Referred to State Government |
| 2026-05-28 | Senate | House Floor Amendment No. 1 Motion to Concur Referred to Assignments |
| 2026-05-28 | Senate | House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Ram Villivalam |
| 2026-05-22 | Senate | Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 25, 2026 |
| 2026-05-22 | Senate | Secretary's Desk - Concurrence House Amendment(s) 1 |
| 2026-05-22 | House | Third Reading - Short Debate - Passed 073-026-000 |
| 2026-05-21 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2026-05-21 | House | House Floor Amendment No. 1 Adopted by Voice Vote |
| 2026-05-20 | House | House Floor Amendment No. 1 Recommends Be Adopted State Government Administration Committee; 008-000-000 |
| 2026-05-20 | House | Added Alternate Chief Co-Sponsor Rep. Elizabeth "Lisa" Hernandez |
| 2026-05-20 | House | Added Alternate Chief Co-Sponsor Rep. Rick Ryan |
| 2026-05-20 | House | Added Alternate Chief Co-Sponsor Rep. Diane Blair-Sherlock |
| 2026-05-20 | House | Added Alternate Chief Co-Sponsor Rep. Marcus C. Evans, Jr. |
| 2026-05-19 | House | Held on Calendar Order of Second Reading - Short Debate |
| 2026-05-19 | House | Second Reading - Short Debate |
| 2026-05-19 | House | House Floor Amendment No. 1 Rules Refers to State Government Administration Committee |
| 2026-05-15 | House | House Floor Amendment No. 1 Referred to Rules Committee |
| 2026-05-15 | House | House Floor Amendment No. 1 Filed with Clerk by Rep. Kevin John Olickal |
| 2026-05-14 | House | Placed on Calendar 2nd Reading - Short Debate |
| 2026-05-13 | House | Do Pass / Short Debate State Government Administration Committee; 008-000-000 |
| 2026-05-07 | House | Committee Deadline Extended-Rule 9(b) May 15, 2026 |
| 2026-05-05 | House | Assigned to State Government Administration Committee |
| 2026-05-05 | House | Referred to Rules Committee |
| 2026-05-05 | House | First Reading |
| 2026-04-30 | House | Chief House Sponsor Rep. Kevin John Olickal |
| 2026-04-29 | House | Arrived in House |
| 2026-04-29 | Senate | Third Reading - Passed; 047-007-000 |
| 2026-04-17 | Senate | Rule 2-10 Third Reading Deadline Established As May 8, 2026 |
| 2026-04-16 | Senate | Placed on Calendar Order of 3rd Reading April 17, 2026 |
| 2026-04-16 | Senate | Second Reading |
| 2026-04-15 | Senate | Placed on Calendar Order of 2nd Reading April 16, 2026 |
| 2026-04-15 | Senate | Do Pass as Amended State Government; 008-000-000 |
| 2026-04-15 | Senate | Senate Committee Amendment No. 1 Adopted |
| 2026-03-27 | Senate | Rule 2-10 Committee Deadline Established As April 24, 2026 |
| 2026-03-13 | Senate | Rule 2-10 Committee Deadline Established As March 27, 2026 |
| 2026-03-11 | Senate | Senate Committee Amendment No. 1 Assignments Refers to State Government |
| 2026-03-10 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 2026-03-10 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Ram Villivalam |
| 2026-03-10 | Senate | Assigned to State Government |
| 2026-01-29 | Senate | Referred to Assignments |
| 2026-01-29 | Senate | First Reading |
| 2026-01-29 | Senate | Filed with Secretary by Sen. Ram Villivalam |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 15 | 520 | 22.5 | Amended Code | Citation Text |
