Fabio
203 lines
12 KiB
Markdown
203 lines
12 KiB
Markdown
---
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type: "Bill"
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title: "NON-PROFIT INVESTMENT POOL"
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description: "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."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "104th"
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identifier: "HB 1437"
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citation: "Illinois HB 1437 (104th)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Bill Cunningham", "Bob Morgan"]
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version_count: 8
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action_count: 100
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vote_count: 8
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first_action: "2025-01-17"
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last_action: "2025-11-21"
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source: "openstates"
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source_identifier: "ocd-bill/865c72f6-6eb5-463a-8b10-98a9e45c1360"
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source_url: "https://ilga.gov/Legislation/BillStatus?DocNum=1437&GAID=18&DocTypeID=HB&LegId=157483&SessionID=114"
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source_hash: "f587e9e846476f2c79e0dbf4ac67767b8fdfcbb16da1bf10c0248e9d4f4db83e"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois HB 1437 (104th) — NON-PROFIT INVESTMENT POOL
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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.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](https://ilga.gov/documents/legislation/104/HB/PDF/10400HB1437.pdf)
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2. **Engrossed** (committee substitute) — [source](https://ilga.gov/documents/legislation/104/HB/PDF/10400HB1437eng.pdf)
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3. **House Amendment 001** (committee substitute) — [source](https://ilga.gov/documents/legislation/104/HB/PDF/10400HB1437ham001.pdf)
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4. **Senate Amendment 001** (committee substitute) — [source](https://ilga.gov/documents/legislation/104/HB/PDF/10400HB1437sam001.pdf)
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5. **Senate Amendment 002** (committee substitute) — [source](https://ilga.gov/documents/legislation/104/HB/PDF/10400HB1437sam002.pdf)
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6. **Senate Amendment 003** (committee substitute) — [source](https://ilga.gov/documents/legislation/104/HB/PDF/10400HB1437sam003.pdf)
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7. **Senate Amendment 004** (committee substitute) — [source](https://ilga.gov/documents/legislation/104/HB/PDF/10400HB1437sam004.pdf)
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8. **Enrolled** (enrolled) — [source](https://ilga.gov/documents/legislation/104/HB/PDF/10400HB1437enr.pdf)
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## Votes
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- Third Reading — **41–16** (pass) · upper
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- State Government Administration, Amendment 1 — **5–2** (pass) · lower
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- Concurrence, Amendment 4 — **74–26** (pass) · lower
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- Executive — **9–4** (pass) · upper
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- State Government Administration — **5–3** (pass) · lower
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- Executive — **13–0** (pass) · upper
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- Concurrence — **74–26** (pass) · lower
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- Third Reading — **74–38** (pass) · lower
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## Sponsors
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- Bill Cunningham — primary (person)
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- Bob Morgan — primary (person)
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- Aarón M. Ortíz — cosponsor (person)
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- Ann M. Williams — cosponsor (person)
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- Anna Moeller — cosponsor (person)
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- Anne Stava — cosponsor (person)
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- Barbara Hernandez — cosponsor (person)
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- Dagmara Avelar — cosponsor (person)
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- Dave Vella — cosponsor (person)
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- Debbie Meyers-Martin — cosponsor (person)
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- Diane Blair-Sherlock — cosponsor (person)
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- Edgar González, Jr. — cosponsor (person)
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- Elizabeth "Lisa" Hernandez — cosponsor (person)
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- Jaime M. Andrade, Jr. — cosponsor (person)
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- Joyce Mason — cosponsor (person)
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- Justin Slaughter — cosponsor (person)
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- Katie Stuart — cosponsor (person)
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- Kevin John Olickal — cosponsor (person)
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- La Shawn K. Ford — cosponsor (person)
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- Lisa Davis — cosponsor (person)
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- Marcus C. Evans, Jr. — cosponsor (person)
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- Martha Deuter — cosponsor (person)
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- Mattie Hunter — cosponsor (person)
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- Maura Hirschauer — cosponsor (person)
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- Michelle Mussman — cosponsor (person)
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- Nicolle Grasse — cosponsor (person)
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- Sharon Chung — cosponsor (person)
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- Stephanie A. Kifowit — cosponsor (person)
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- Sue Scherer — cosponsor (person)
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- Suzanne M. Ness — cosponsor (person)
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- Thaddeus Jones — cosponsor (person)
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- William "Will" Davis — cosponsor (person)
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- Yolonda Morris — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-01-17** Filed with the Clerk by Rep. Rita Mayfield `filing`
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- **2025-01-28** First Reading `reading-1`
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- **2025-01-28** Referred to Rules Committee
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- **2025-02-18** Assigned to State Government Administration Committee `referral-committee`
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- **2025-02-27** Added Co-Sponsor Rep. Debbie Meyers-Martin
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- **2025-02-27** Added Co-Sponsor Rep. Suzanne M. Ness
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- **2025-03-04** Added Co-Sponsor Rep. Nicolle Grasse
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- **2025-03-05** Do Pass / Short Debate State Government Administration Committee; 005-003-000
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- **2025-03-06** Placed on Calendar 2nd Reading - Short Debate `reading-2`
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- **2025-03-06** Added Co-Sponsor Rep. Lisa Davis
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- **2025-03-11** Added Chief Co-Sponsor Rep. Justin Slaughter
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- **2025-03-11** Added Chief Co-Sponsor Rep. Barbara Hernandez
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- **2025-03-12** Added Co-Sponsor Rep. Yolonda Morris
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- **2025-03-13** Added Co-Sponsor Rep. Marcus C. Evans, Jr.
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- **2025-03-13** Added Co-Sponsor Rep. Maura Hirschauer
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- **2025-03-13** Added Co-Sponsor Rep. Sharon Chung
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- **2025-03-13** Added Co-Sponsor Rep. Sue Scherer
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- **2025-03-13** Added Co-Sponsor Rep. Dave Vella
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- **2025-03-13** Added Co-Sponsor Rep. Jaime M. Andrade, Jr.
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- **2025-03-13** Added Co-Sponsor Rep. Dagmara Avelar
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- **2025-03-13** Added Co-Sponsor Rep. Elizabeth "Lisa" Hernandez
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- **2025-03-13** House Floor Amendment No. 1 Filed with Clerk by Rep. Rita Mayfield `amendment-introduction`
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- **2025-03-13** House Floor Amendment No. 1 Referred to Rules Committee
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- **2025-03-18** Added Chief Co-Sponsor Rep. Diane Blair-Sherlock
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- **2025-03-18** Added Co-Sponsor Rep. Stephanie A. Kifowit
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- **2025-03-18** Added Co-Sponsor Rep. Edgar González, Jr.
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- **2025-03-18** Added Co-Sponsor Rep. La Shawn K. Ford
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- **2025-03-18** Added Co-Sponsor Rep. William "Will" Davis
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- **2025-03-18** Added Co-Sponsor Rep. Joyce Mason
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- **2025-03-18** Added Co-Sponsor Rep. Anna Moeller
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- **2025-03-18** Added Co-Sponsor Rep. Michelle Mussman
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- **2025-03-18** Added Co-Sponsor Rep. Kevin John Olickal
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- **2025-03-18** Added Co-Sponsor Rep. Aarón M. Ortíz
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- **2025-03-18** Added Co-Sponsor Rep. Anne Stava
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- **2025-03-18** Added Co-Sponsor Rep. Katie Stuart
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- **2025-03-18** Added Co-Sponsor Rep. Ann M. Williams
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- **2025-03-18** House Floor Amendment No. 1 Rules Refers to State Government Administration Committee
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- **2025-03-26** Second Reading - Short Debate `reading-2`
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- **2025-03-26** Added Co-Sponsor Rep. Martha Deuter
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- **2025-03-26** Held on Calendar Order of Second Reading - Short Debate `reading-2`
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- **2025-03-27** Added Co-Sponsor Rep. Thaddeus Jones
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- **2025-04-07** House Floor Amendment No. 1 Recommends Be Adopted State Government Administration Committee; 005-002-000 `committee-passage-favorable`
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- **2025-04-10** House Floor Amendment No. 1 Adopted `amendment-passage`
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- **2025-04-10** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2025-04-10** Third Reading - Short Debate - Passed 074-038-000 `passage, reading-3`
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- **2025-04-14** Arrive in Senate `introduction`
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- **2025-04-14** Placed on Calendar Order of First Reading `reading-1`
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- **2025-04-14** Chief Senate Sponsor Sen. Adriane Johnson
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- **2025-04-14** First Reading `reading-1`
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- **2025-04-14** Referred to Assignments
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- **2025-05-08** Assigned to Executive `referral-committee`
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- **2025-05-08** Alternate Chief Sponsor Changed to Sen. Don Harmon
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- **2025-05-09** Rule 2-10 Committee Deadline Established As May 23, 2025
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- **2025-05-13** Senate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon `amendment-introduction`
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- **2025-05-13** Senate Committee Amendment No. 1 Referred to Assignments
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- **2025-05-14** Senate Committee Amendment No. 1 Assignments Refers to Executive
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- **2025-05-14** Senate Committee Amendment No. 1 Adopted `amendment-passage`
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- **2025-05-15** Do Pass as Amended Executive; 009-004-000
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- **2025-05-15** Second Reading `reading-2`
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- **2025-05-15** Placed on Calendar Order of 3rd Reading May 20, 2025
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- **2025-05-23** Rule 2-10 Third Reading/Passage Deadline Established As June 1, 2025
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- **2025-06-02** Rule 3-9(a) / Re-referred to Assignments
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- **2025-10-14** Approved for Consideration Assignments
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- **2025-10-14** Placed on Calendar Order of 3rd Reading October 15, 2025
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- **2025-10-28** Senate Floor Amendment No. 2 Filed with Secretary by Sen. Bill Cunningham `amendment-introduction`
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- **2025-10-28** Senate Floor Amendment No. 2 Referred to Assignments
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- **2025-10-28** Alternate Chief Sponsor Changed to Sen. Bill Cunningham
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- **2025-10-28** Senate Floor Amendment No. 2 Be Approved for Consideration Assignments
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- **2025-10-29** Senate Floor Amendment No. 3 Filed with Secretary by Sen. Bill Cunningham `amendment-introduction`
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- **2025-10-29** Senate Floor Amendment No. 3 Referred to Assignments
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- **2025-10-29** Senate Floor Amendment No. 3 Be Approved for Consideration Assignments
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- **2025-10-30** Senate Floor Amendment No. 4 Filed with Secretary by Sen. Bill Cunningham `amendment-introduction`
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- **2025-10-30** Senate Floor Amendment No. 4 Referred to Assignments
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- **2025-10-30** Added as Alternate Chief Co-Sponsor Sen. Mattie Hunter
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- **2025-10-30** Senate Floor Amendment No. 4 Be Approved for Consideration Assignments
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- **2025-10-30** Recalled to Second Reading `reading-2`
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- **2025-10-30** Senate Floor Amendment No. 2 Withdrawn by Sen. Bill Cunningham
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- **2025-10-30** Senate Floor Amendment No. 3 Withdrawn by Sen. Bill Cunningham
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- **2025-10-30** Senate Floor Amendment No. 4 Adopted; Cunningham `amendment-passage`
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- **2025-10-30** Placed on Calendar Order of 3rd Reading
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- **2025-10-30** 3/5 Vote Required
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- **2025-10-30** Third Reading - Passed; 041-016-000 `passage, reading-3`
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- **2025-10-30** Chief Sponsor Changed to Rep. Bob Morgan
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- **2025-10-30** Arrived in House `introduction`
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- **2025-10-30** Placed on Calendar Order of Concurrence Senate Amendment(s) 1, 4
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- **2025-10-30** Senate Committee Amendment No. 1 Motion Filed Concur Rep. Bob Morgan
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- **2025-10-30** Senate Floor Amendment No. 4 Motion Filed Concur Rep. Bob Morgan
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- **2025-10-30** Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
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- **2025-10-30** Senate Floor Amendment No. 4 Motion to Concur Referred to Rules Committee
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- **2025-10-30** Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Rules Committee; 003-002-000
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- **2025-10-30** Senate Floor Amendment No. 4 Motion to Concur Recommends Be Adopted Rules Committee; 003-002-000
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- **2025-10-31** 3/5 Vote Required
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- **2025-10-31** Senate Committee Amendment No. 1 House Concurs 074-026-000
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- **2025-10-31** Senate Floor Amendment No. 4 House Concurs 074-026-000
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- **2025-10-31** House Concurs
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- **2025-10-31** Passed Both Houses
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- **2025-11-20** Sent to the Governor `executive-receipt`
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- **2025-11-21** Governor Approved `executive-signature`
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- **2025-11-21** Effective Date November 21, 2025
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- **2025-11-21** Public Act . . . . . . . . . 104-0434 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/865c72f6-6eb5-463a-8b10-98a9e45c1360`. Confidence: reported (aggregated from official Illinois legislature records).
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