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---
type: "Bill"
title: "TREAS-PENSION FUND-TRANSFERS"
description: "Amends the State Treasurer Act. Provides that if the Treasurer determines that any moneys in the Treasurer's Rental Fee Fund are in excess of the amount necessary to sustain the operation of the program established under the Section concerning banking and automatic teller machine services, the Treasurer may transfer any unobligated and unexpended moneys from the Treasurer's Rental Fee Fund into the State Pensions Fund. Amends the Uniform Disposition of Unclaimed Property Act. Provides that if on either April 15 or October 15, the State Treasurer determines that a balance of $2,500,000 is insufficient for the prompt payment of unclaimed property claims authorized under the Act, the Treasurer may retain more than $2,500,000 in the Unclaimed Property Trust Fund in order to ensure the prompt payment of claims. Provides that beginning in State fiscal year 2014, all amounts (instead of all amounts in excess of $2,500,000) that are deposited into the State Pensions Fund from the Unclaimed Property Trust Fund shall be apportioned to the designated retirement systems as provided in the State Finance Act to reduce their actuarial reserve deficiencies. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "98th"
identifier: "SB 1515"
citation: "Illinois SB 1515 (98th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 54
vote_count: 4
first_action: "2013-02-07"
last_action: "2013-06-10"
source: "openstates"
source_identifier: "ocd-bill/a6a9fa11-f69a-4f51-b79d-6b99e2d06fd3"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=1515&GAID=12&DocTypeID=SB&LegId=72270&SessionID=85&GA=98"
source_hash: "b8c4b3d053a2153c795a1bb086886554766381e7ae74065a645fe8a61342fdb0"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---
# Illinois SB 1515 (98th) — TREAS-PENSION FUND-TRANSFERS
Amends the State Treasurer Act. Provides that if the Treasurer determines that any moneys in the Treasurer's Rental Fee Fund are in excess of the amount necessary to sustain the operation of the program established under the Section concerning banking and automatic teller machine services, the Treasurer may transfer any unobligated and unexpended moneys from the Treasurer's Rental Fee Fund into the State Pensions Fund. Amends the Uniform Disposition of Unclaimed Property Act. Provides that if on either April 15 or October 15, the State Treasurer determines that a balance of $2,500,000 is insufficient for the prompt payment of unclaimed property claims authorized under the Act, the Treasurer may retain more than $2,500,000 in the Unclaimed Property Trust Fund in order to ensure the prompt payment of claims. Provides that beginning in State fiscal year 2014, all amounts (instead of all amounts in excess of $2,500,000) that are deposited into the State Pensions Fund from the Unclaimed Property Trust Fund shall be apportioned to the designated retirement systems as provided in the State Finance Act to reduce their actuarial reserve deficiencies. Effective immediately.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800SB1515&GA=98&SessionId=85&DocTypeId=SB&LegID=72270&DocNum=1515&GAID=12&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800SB1515eng&GA=98&SessionId=85&DocTypeId=SB&LegID=72270&DocNum=1515&GAID=12&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800SB1515enr&GA=98&SessionId=85&DocTypeId=SB&LegID=72270&DocNum=1515&GAID=12&Session=&print=true)
## Votes
- Concurrence, Amendment 2 — **544** (pass) · upper
- Third Reading — **540** (pass) · upper
- Concurrence — **544** (pass) · upper
- Third Reading — **1100** (pass) · lower
## Sponsors
- Don Harmon — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2013-02-07** Filed with Secretary by Sen. Jacqueline Y. Collins `filing`
- **2013-02-07** First Reading `reading-1`
- **2013-02-07** Referred to Assignments `referral-committee`
- **2013-02-14** Assigned to State Government and Veterans Affairs `referral-committee`
- **2013-02-28** Do Pass State Government and Veterans Affairs; 010-000-000 `committee-passage`
- **2013-02-28** Placed on Calendar Order of 2nd Reading March 1, 2013
- **2013-03-01** Second Reading `reading-2`
- **2013-03-01** Placed on Calendar Order of 3rd Reading March 5, 2013
- **2013-03-13** Added as Co-Sponsor Sen. Steven M. Landek
- **2013-03-13** Third Reading - Passed; 054-000-000 `reading-3, passage`
- **2013-03-13** Arrived in House `introduction`
- **2013-03-14** Chief House Sponsor Rep. Michael J. Madigan
- **2013-03-14** First Reading `reading-1`
- **2013-03-14** Referred to Rules Committee `referral-committee`
- **2013-03-20** Assigned to Executive Committee `referral-committee`
- **2013-04-05** House Committee Amendment No. 1 Filed with Clerk by Rep. Barbara Flynn Currie `amendment-introduction`
- **2013-04-05** House Committee Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2013-04-08** House Committee Amendment No. 1 Rules Refers to Executive Committee
- **2013-04-08** House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote `amendment-passage`
- **2013-04-08** Do Pass as Amended / Short Debate Executive Committee; 010-000-000 `committee-passage`
- **2013-04-08** Placed on Calendar 2nd Reading - Short Debate
- **2013-04-08** Second Reading - Short Debate `reading-2`
- **2013-04-08** Placed on Calendar Order of 3rd Reading - Short Debate
- **2013-04-08** House Floor Amendment No. 2 Filed with Clerk by Rep. Barbara Flynn Currie `amendment-introduction`
- **2013-04-08** House Floor Amendment No. 2 Referred to Rules Committee `referral-committee`
- **2013-04-09** House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 005-000-000 `committee-passage-favorable`
- **2013-04-09** Recalled to Second Reading - Short Debate `reading-2`
- **2013-04-09** House Floor Amendment No. 2 Adopted `amendment-passage`
- **2013-04-09** Placed on Calendar Order of 3rd Reading - Short Debate
- **2013-04-09** Third Reading - Short Debate - Passed 110-000-000 `reading-3, passage`
- **2013-04-10** Secretary's Desk - Concurrence House Amendment(s) 1, 2
- **2013-04-10** Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - April 11, 2013
- **2013-04-10** House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Jacqueline Y. Collins `filing`
- **2013-04-10** House Committee Amendment No. 1 Motion to Concur Referred to Assignments `referral-committee`
- **2013-04-10** House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Jacqueline Y. Collins `filing`
- **2013-04-10** House Floor Amendment No. 2 Motion to Concur Referred to Assignments `referral-committee`
- **2013-04-10** House Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive `referral-committee`
- **2013-04-10** House Floor Amendment No. 2 Motion to Concur Assignments Referred to Executive `referral-committee`
- **2013-04-11** House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 013-000-000
- **2013-04-11** House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Executive; 013-000-000
- **2013-04-17** Chief Sponsor Changed to Sen. Don Harmon
- **2013-05-28** House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Don Harmon `filing`
- **2013-05-28** House Committee Amendment No. 1 Motion to Concur Referred to Assignments `referral-committee`
- **2013-05-28** House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Don Harmon `filing`
- **2013-05-28** House Floor Amendment No. 2 Motion to Concur Referred to Assignments `referral-committee`
- **2013-05-28** House Committee Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments
- **2013-05-28** House Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments
- **2013-05-28** House Committee Amendment No. 1 Senate Concurs 054-004-000
- **2013-05-28** House Floor Amendment No. 2 Senate Concurs 054-004-000
- **2013-05-28** Passed Both Houses
- **2013-06-10** Sent to the Governor `executive-receipt`
- **2013-06-10** Governor Approved `executive-signature`
- **2013-06-10** Effective Date June 10, 2013
- **2013-06-10** Public Act . . . . . . . . . 98-0019 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a6a9fa11-f69a-4f51-b79d-6b99e2d06fd3`. Confidence: reported (aggregated from official Illinois legislature records).