SB 2768 Illinois Senate · 101st Regular Session

TREASURER-COLLEGE SAVINGS POOL

Summary
Amends the State Treasurer Act. Modifies provisions concerning the College Savings Pool. Provides that the State Treasurer, in administering the College Savings Pool, may, among other actions, perform any other action he or she deems necessary to administer the Pool. Provides that the State Treasurer may delegate duties related to the College Savings Pool to one or more contractors. Provides that any fees, costs, and expenses related to the College Savings Pool shall be paid from the assets of the College Savings Pool. Provides further requirements concerning fees of the College Savings Pool. Modifies provisions concerning investment restrictions, distributions, and contributions of the College Savings Pool. Removes provisions requiring the maintenance of specified records. Modifies defined terms. Makes conforming and other changes. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2020
Committee Review
Floor Vote
Governor
Introduced Feb 4, 2020 Last action May 15, 2020
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
14
Key actions
1
Committee
4
Apr 12, 2020
Committee
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
upper
Mar 4, 2020
Upper · Passed
Do Pass Financial Institutions; 007-000-000
upper
Feb 11, 2020
Committee
Assigned to Financial Institutions
upper
Feb 4, 2020
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.