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republic-os/legislation/us/states/il/96th/hb-811.md
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Fabio 5941153bb7 Legislation: batch B — IL IN KS KY LA MA MD ME MI MN 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:27:20 -04:00

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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill UNIFORM PRUDENT MGMT INST FUND Creates the Uniform Prudent Management of Institutional Funds Act, proposed by the National Conference of Commissioners on Uniform State Laws. Provides for: standards of conduct in managing and investing an institutional fund held by a charitable institution for charitable purposes; appropriations by an institution for expenditure or accumulation of endowment funds; the delegation of management and investment functions; the release or modification of restrictions on the management, investment, or purpose of an institutional fund; compliance; application; construction; and other matters. Repeals the Uniform Management of Institutional Funds Act. Amends the Religious Corporation Act by making conforming changes. us/states/il Illinois General Assembly 96th HB 811 Illinois HB 811 (96th)
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3 43 3 2009-02-09 2009-06-30 openstates ocd-bill/649743c2-24a4-4989-9f0f-11b192cdd2e0 http://ilga.gov/legislation/BillStatus.asp?DocNum=811&GAID=10&DocTypeID=HB&LegId=42289&SessionID=76&GA=96 fb74f7fffac0ea8dec7b930600d1cbf3b49406a6271ab98e756535684687573b 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
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Illinois HB 811 (96th) — UNIFORM PRUDENT MGMT INST FUND

Creates the Uniform Prudent Management of Institutional Funds Act, proposed by the National Conference of Commissioners on Uniform State Laws. Provides for: standards of conduct in managing and investing an institutional fund held by a charitable institution for charitable purposes; appropriations by an institution for expenditure or accumulation of endowment funds; the delegation of management and investment functions; the release or modification of restrictions on the management, investment, or purpose of an institutional fund; compliance; application; construction; and other matters. Repeals the Uniform Management of Institutional Funds Act. Amends the Religious Corporation Act by making conforming changes.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Third Reading — 57–0 (pass) · upper
  • Third Reading — 114–0 (pass) · lower
  • Concurrence — 114–0 (pass) · lower

Sponsors

  • Lou Lang — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

  • 2009-02-09 Filed with the Clerk by Rep. Lou Lang filing
  • 2009-02-09 First Reading reading-1
  • 2009-02-09 Referred to Rules Committee referral-committee
  • 2009-02-11 Assigned to Executive Committee referral-committee
  • 2009-02-23 Re-assigned to Financial Institutions Committee referral-committee
  • 2009-03-10 House Committee Amendment No. 1 Filed with Clerk by Financial Institutions Committee amendment-introduction
  • 2009-03-10 House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote amendment-passage
  • 2009-03-10 Do Pass as Amended / Short Debate Financial Institutions Committee; 020-000-000 committee-passage
  • 2009-03-11 Placed on Calendar 2nd Reading - Short Debate
  • 2009-03-23 Second Reading - Short Debate reading-2
  • 2009-03-23 Held on Calendar Order of Second Reading - Short Debate reading-2
  • 2009-03-24 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2009-03-24 Third Reading - Short Debate - Passed 114-000-000 reading-3, passage
  • 2009-03-25 Arrive in Senate introduction
  • 2009-03-25 Placed on Calendar Order of First Reading March 26, 2009 reading-1
  • 2009-03-27 Chief Senate Sponsor Sen. John J. Cullerton
  • 2009-03-27 Added as Alternate Chief Co-Sponsor Sen. Don Harmon
  • 2009-03-30 First Reading reading-1
  • 2009-03-30 Referred to Assignments referral-committee
  • 2009-04-15 Assigned to Financial Institutions referral-committee
  • 2009-04-21 Alternate Chief Sponsor Changed to Sen. Ira I. Silverstein
  • 2009-04-27 Senate Committee Amendment No. 1 Filed with Secretary by Sen. Ira I. Silverstein amendment-introduction
  • 2009-04-27 Senate Committee Amendment No. 1 Referred to Assignments referral-committee
  • 2009-04-28 Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
  • 2009-04-30 Senate Committee Amendment No. 1 Held in Financial Institutions
  • 2009-04-30 Held in Financial Institutions
  • 2009-05-07 Senate Committee Amendment No. 1 Adopted amendment-passage
  • 2009-05-07 Do Pass as Amended Financial Institutions; 011-000-000 committee-passage
  • 2009-05-07 Placed on Calendar Order of 2nd Reading May 12, 2009
  • 2009-05-12 Second Reading reading-2
  • 2009-05-12 Placed on Calendar Order of 3rd Reading May 13, 2009
  • 2009-05-13 Third Reading - Passed; 057-000-001 reading-3, passage
  • 2009-05-14 Arrived in House introduction
  • 2009-05-14 Placed on Calendar Order of Concurrence Senate Amendment(s) 1
  • 2009-05-18 Senate Committee Amendment No. 1 Motion Filed Concur Rep. Lou Lang
  • 2009-05-18 Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee referral-committee
  • 2009-05-19 Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Rules Committee; 004-000-000
  • 2009-05-22 Senate Committee Amendment No. 1 House Concurs 114-000-000
  • 2009-05-22 Passed Both Houses
  • 2009-06-19 Sent to the Governor executive-receipt
  • 2009-06-30 Governor Approved executive-signature
  • 2009-06-30 Effective Date June 30, 2009
  • 2009-06-30 Public Act . . . . . . . . . 96-0029 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/649743c2-24a4-4989-9f0f-11b192cdd2e0. Confidence: reported (aggregated from official Illinois legislature records).

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