TREASURER-COLLEGE SAVINGS POOL
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.
Bill status
vetoed
4 of 5 stages cleared
Introduction
Apr 2018
Committee Review
May 2018
Senate Passage
May 2018
House Passage
May 2018
Vetoed
Nov 2018
Introduced Apr 18, 2018
Vetoed Nov 28, 2018
Floor votes · Senate May 31, 2018 · House May 31, 2018
How they voted
41–0
Passed · 7 other
Total votes 48
May 31, 2018
D
Democratic28
85% Yea
R
Republican20
85% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
45
Key actions
7
Committee
11
Amendments
6
Nov 28, 2018
Vetoed
Bill Dead - Amendatory Veto
upper
Nov 13, 2018
Vetoed
Placed on Calendar Amendatory Veto November 14, 2018
upper
Aug 28, 2018
Vetoed
Governor Amendatory Veto
upper
May 31, 2018
Upper · Passed
Passed Both Houses
upper
May 31, 2018
Introduced
House Floor Amendment No. 1 Senate Concurs 049-000-000
upper
May 31, 2018
Introduced
House Floor Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments
upper
May 31, 2018
Committee
House Floor Amendment No. 1 Motion to Concur Referred to Assignments
upper
May 31, 2018
Introduced
Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 31, 2018
upper
May 31, 2018
Introduced
Secretary's Desk - Concurrence House Amendment(s) 1
upper
May 31, 2018
Lower · Passed
House Floor Amendment No. 1 Adopted
lower
May 30, 2018
Lower · Passed
House Floor Amendment No. 1 Recommends Be Adopted Executive Committee; 011-000-000
lower
May 30, 2018
Lower · Passed
House Floor Amendment No. 1 Rules Refers to Executive Committee
lower
May 29, 2018
Committee
House Floor Amendment No. 1 Referred to Rules Committee
lower
May 29, 2018
Introduced
House Floor Amendment No. 1 Filed with Clerk by Rep. Emanuel Chris Welch
lower
May 29, 2018
Lower · Passed
Do Pass / Short Debate Executive Committee; 011-000-000
lower
May 28, 2018
Lower · Passed
Motion Filed to Suspend Rule 21 Executive Committee; Rep. Barbara Flynn Currie
lower
May 28, 2018
Committee
Assigned to Executive Committee
lower
Apr 24, 2018
Committee
Referred to Rules Committee
lower
Apr 18, 2018
Introduced
Arrived in House
lower
Mar 1, 2018
Upper · Passed
Do Pass State Government; 006-000-000
upper
Feb 21, 2018
Committee
Assigned to State Government
upper
Feb 14, 2018
Committee
Referred to Assignments
upper
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 2921
Scope: IL
Hi! I can help you understand SB 2921. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline