SB 2968 Illinois Senate · 104th Regular Session

NON-PROFIT INVESTMENT POOL

Summary

Amends the State Treasurer Act. Provides that the State Treasurer may establish and administer a non-profit investment pool and an electronic payment processing program to supplement and enhance investment opportunities and secure electronic payment options otherwise available to not-for-profit corporations in the State. Provides that the Treasurer may receive funds paid into the pool for the purpose of holding and investing those funds. Provides for surety bonds payable to not-for-profit corporations who participate in the pool. Provides that the Treasurer shall adopt rules for the efficient administration of the pool.

Bill status signed all 5 stages cleared

Introduction

Apr 2026

Committee Review

May 2026

Senate Passage

May 2026

House Passage

May 2026

Signed into Law

Jul 2026

Introduced Apr 17, 2026 Signed Jul 10, 2026

Maddy AI version diff · 2 comparisons

What changed between versions

Engrossed → Enrolled · 2 edits · Jul 10, 2026

MINOR

The bill text was updated from its 'Engrossed' version to the final 'Enrolled' version, which is the official text signed into law. The substantive policy content regarding charitable organizations and investment pools remains unchanged; the only differences are the removal of draft headers and minor formatting adjustments to the line numbers and spacing in the list of eligible purposes.

TECHNICAL

Draft headers identifying the bill as 'Engrossed' were removed and replaced with 'Enrolled' to reflect its final status.

Line numbers and spacing within the list of eligible charitable purposes were slightly adjusted to align with the final enrolled format.

Floor votes · Senate Apr 16, 2026 · House May 27, 2026

How they voted

40–16

Passed · 2 other

Total votes 58

Apr 16, 2026

D Democratic39

37 Yea 2

94% Yea

R Republican19

3 Yea 16 Nay

84% Nay

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jul 10, 2026

Signed into law

Governor Approved

upper

May 27, 2026

Upper · Passed

Passed Both Houses

upper

May 27, 2026

Lower · Passed

Third Reading - Short Debate - Passed 075-036-001

lower

May 6, 2026

Lower · Passed

Do Pass / Short Debate State Government Administration Committee; 006-003-000

lower

Apr 27, 2026

Committee

Assigned to State Government Administration Committee

lower

Apr 17, 2026

Committee

Referred to Rules Committee

lower

Apr 17, 2026

Introduced

Arrived in House

lower

Apr 16, 2026

Upper · Passed

Third Reading - Passed; 041-016-000

upper

Apr 16, 2026

Upper · Passed

Senate Floor Amendment No. 2 Adopted; Johnson

upper

Apr 15, 2026

Introduced

Senate Floor Amendment No. 2 Recommend Do Adopt Executive; 011-002-000

upper

Apr 14, 2026

Introduced

Senate Floor Amendment No. 2 Assignments Refers to Executive

upper

Apr 9, 2026

Committee

Senate Floor Amendment No. 2 Referred to Assignments

upper

Apr 9, 2026

Introduced

Senate Floor Amendment No. 2 Filed with Secretary by Sen. Adriane L. Johnson

upper

Mar 25, 2026

Upper · Passed

Do Pass as Amended Executive; 010-003-000

upper

Mar 25, 2026

Upper · Passed

Senate Committee Amendment No. 1 Adopted

upper

Mar 24, 2026

Upper · Passed

Senate Committee Amendment No. 1 Assignments Refers to Executive

upper

Mar 23, 2026

Committee

Senate Committee Amendment No. 1 Referred to Assignments

upper

Mar 23, 2026

Introduced

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Adriane L. Johnson

upper

Mar 13, 2026

Upper · Passed

Rule 2-10 Committee Deadline Established As March 27, 2026

upper

Feb 3, 2026

Committee

Assigned to Executive

upper

Jan 27, 2026

Committee

Referred to Assignments

upper

1 primary · 16 co-sponsors