IL SB2761 | 2019-2020 | 101st General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
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
2021-01-13SenateSession Sine Die
2020-05-15SenateRule 2-10 Third Reading/Passage Deadline Established As May 31, 2020
2020-05-07SenateRule 2-10 Third Reading/Passage Deadline Established As May 29, 2020
2020-04-30SenateRule 2-10 Third Reading/Passage Deadline Established As May 22, 2020
2020-04-23SenateRule 2-10 Third Reading/Passage Deadline Established As May 15, 2020
2020-04-12SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
2020-03-25SenateRule 2-10 Third Reading/Passage Deadline Established As May 7, 2020
2020-02-20SenatePlaced on Calendar Order of 3rd Reading February 25, 2020
2020-02-20SenateSecond Reading
2020-02-19SenatePlaced on Calendar Order of 2nd Reading February 20, 2020
2020-02-19SenateDo Pass Financial Institutions; 008-001-000
2020-02-11SenateAssigned to Financial Institutions
2020-02-04SenateReferred to Assignments
2020-02-04SenateFirst Reading
2020-02-04SenateFiled with Secretary by Sen. Emil Jones, III

Code Citations

ChapterArticleSectionCitation TypeStatute Text
307905Amended CodeCitation Text

Illinois State Sources


Bill Comments

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