IL HB4616 | 2019-2020 | 101st General Assembly

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 5 2020 - 25% progression, died in committee
Action: 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Charitable Trust Stabilization Act. Provides that special attention shall be given to public and private entities with operating budgets of less than $2,000,000 (rather than $1,000,000) that are located within a depressed area. Provides that moneys in the Charitable Trust Stabilization Fund may be used for grants for operational purposes of organizations participating under the Act (rather than grants for the start-up or operational purposes of participating organizations). Removes a provision requiring the transfer of moneys to and from the Charitable Trust Stabilization Fund. Makes conforming changes. Effective immediately.

Tracking Information

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Title

FINANCE-CHARITABLE TRUST FUND

Sponsors


History

DateChamberAction
2020-06-23HouseRule 19(b) / Re-referred to Rules Committee
2020-03-12HouseAdded Chief Co-Sponsor Rep. William Davis
2020-03-12HouseAssigned to Appropriations-General Services Committee
2020-02-05HouseReferred to Rules Committee
2020-02-05HouseFirst Reading
2020-02-05HouseFiled with the Clerk by Rep. Debbie Meyers-Martin

Code Citations

ChapterArticleSectionCitation TypeStatute Text
307905Amended CodeCitation Text

Illinois State Sources


Bill Comments

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