Illinois 104th Regular Session Status: Passed House 13 D cosponsors

HB 5045 — NON-PROFIT INVESTMENT POOL

Last action — Rule 3-9(a) / Re-referred to Assignments

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has passed the House. Introduced February 04, 2026. It now moves to the second chamber.

Next likely step: consideration and a floor vote in the Senate.

Prognosis

Advancing 58% · moderate confidence

Where this bill stands today.

Odds of enactment

Moderate

How often bills like it became law.

  • Passed House

    Current position in the legislative process.

  • 13 sponsors

    2 primary, 11 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (13 D).

  • Cleared a recorded vote

    Passed 3 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

The bill establishes a non-profit investment pool for certain tax-exempt organizations in Illinois.

This bill allows the State Treasurer to create and manage a non-profit investment pool to enhance investment options for eligible not-for-profit corporations in Illinois. Organizations must meet specific criteria to participate.

What this means for you
  • Small Business: This bill may provide enhanced investment options for not-for-profit organizations that can support community-focused initiatives.

Bill Text

What changed in the latest version

101 added · 68 removed

Plain-language change summary

The latest version of Bill HB 5045 includes additional requirements for not-for-profit corporations wishing to participate in the State Treasurer's investment pool. Notably, these organizations must provide recent financial statements and adhere to several eligibility criteria, such as not being debarred from federal or state contracts and having a presence in Illinois. These changes matter because they ensure that only financially responsible and compliant organizations can access public funds, promoting accountability and safeguarding taxpayer interests.

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*LRB10420585SPS34075b* HB5045 104TH GENERAL ASSEMBLY State of Illinois and 2026 HB5045 Introduced 2/10/2026, by Rep.
HB5045 Engrossed LRB104 20585 SPS 34075 b AN ACT concerning State government.
Rita Mayfield SYNOPSIS AS INTRODUCED:
ILCS 505/17.2 new 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.
LRB104 20585 SPS 34075 b A BILL FOR HB5045 LRB104 20585 SPS 34075 b AN ACT concerning State government.
(2) be located in Illinois;
HB5045 Engrossed - 2 - LRB104 20585 SPS 34075 b (2) be domiciled in Illinois;
and (3) be in compliance with the Illinois Human Rights Act.
(3) not be on the federal system for award management (SAM) exclusion list;
HB5045 - 2 - LRB104 20585 SPS 34075 b (c) The Treasurer may invest the funds constituting the non-profit investment pool in the same manner, in the same types of investments, and subject to the same limitations provided for the investment of funds in the State Treasury.
(4) not be on the Chief Procurement Officer's suspensions, debarments, voluntary exclusions, and voluntary non-participation agreements list;
(5) not be on the Department of Labor's debarred contractors list;
(6) not be on the Illinois Stop Payment List established under the Grant Accountability and Transparency Act;
and (7) be at least one of the following:
(A) a Medicaid certified provider that is not on the Department of Healthcare and Family Services' provider sanctions list;
(B) an organization that held certification under the Grant Accountability and Transparency Act at any time within the previous 8 years prior to the transmittal of funds to the Treasurer or is a current grantee or subgrantee of the State;
(C) a labor organization registered with the United States Department of Labor;
or (D) an organization whose mission involves a purpose or cause related to one of the following:
(i) legal aid services for people with low incomes;
HB5045 Engrossed - 3 - LRB104 20585 SPS 34075 b (ii) services for military veterans;
(iii) scientific and medical research;
(iv) neighborhood and community development;
(v) affordable housing or housing assistance;
(vi) public pre-kindergarten through grade 12, public career and technical education, or public higher education access and scholarships;
(vii) publicly funded libraries, publicly funded museums, or public broadcasting;
(viii) support for firefighting and EMS services;
(ix) emergency assistance and disaster relief;
(x) food banks and food pantries;
(xi) environmental protection and preservation;
(xii) animal shelters, humane societies, or anti-animal cruelty societies;
(xiii) cultural and performing arts;
(xiv) job training, employment placement, or other employment-related community-based services;
(xv) services for victims of domestic violence;
or (xvi) services for seniors and people with disabilities.
(c) The Treasurer may invest the funds constituting the HB5045 Engrossed - 4 - LRB104 20585 SPS 34075 b non-profit investment pool in the same manner, in the same types of investments, and subject to the same limitations provided for the investment of funds in the State Treasury.
The policy shall be published each year as part of the audit of the non-profit investment pool by the Auditor General, which shall be distributed to all participants.
The policy shall be published each year as part of the audit of the non-profit investment pool by the Auditor General, and shall be distributed to all participants.
The rules shall provide for the administrative expenses of the non-profit investment pool to be paid from its earnings and for the interest earnings in excess of such expenses to be credited or paid monthly to the not-for-profit corporations HB5045 - 3 - LRB104 20585 SPS 34075 b participating in the non-profit investment pool in a manner which equitably reflects the differing amounts of their respective investments in the non-profit investment pool and the differing periods of time for which the amounts were in the custody of the non-profit investment pool.
The rules shall provide for the administrative expenses of the non-profit investment pool to be paid from its earnings and for the interest earnings in excess of such expenses to be credited or paid monthly to the not-for-profit corporations participating in the non-profit investment pool in a manner HB5045 Engrossed - 5 - LRB104 20585 SPS 34075 b which equitably reflects the differing amounts of their respective investments in the non-profit investment pool and the differing periods of time for which the amounts were in the custody of the non-profit investment pool.
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Amendments

2 amendments

Click Show changes on an amendment above to see how it modifies the bill.

Action History

  1. Rule 3-9(a) / Re-referred to Assignments

  2. Rule 2-10 Committee Deadline Established As May 15, 2026

  3. Postponed - Executive

  4. Assigned to Executive

  5. Referred to Assignments

  6. First Reading

  7. Chief Senate Sponsor Sen. Adriane Johnson

  8. Placed on Calendar Order of First Reading April 28, 2026

  9. Arrive in Senate

  10. Added Co-Sponsor Rep. Kimberly Du Buclet

  11. Third Reading - Standard Debate - Passed 069-032-001

  12. Placed on Calendar Order of 3rd Reading - Standard Debate

  13. Chair Rules Standard Debate

  14. Placed on Calendar Order of 3rd Reading - Short Debate

  15. House Floor Amendment No. 2 Adopted

  16. House Floor Amendment No. 2 Recommends Be Adopted Executive Committee; 011-000-000

  17. Added Co-Sponsor Rep. Camille Y. Lilly

  18. Held on Calendar Order of Second Reading - Short Debate

  19. Second Reading - Short Debate

  20. Added Chief Co-Sponsor Rep. Justin Slaughter

  21. Added Chief Co-Sponsor Rep. Ann M. Williams

  22. Added Chief Co-Sponsor Rep. Barbara Hernandez

  23. Added Chief Co-Sponsor Rep. Diane Blair-Sherlock

  24. Added Co-Sponsor Rep. Maura Hirschauer

  25. Added Co-Sponsor Rep. Debbie Meyers-Martin

  26. Added Co-Sponsor Rep. Lisa Davis

  27. Added Co-Sponsor Rep. Yolonda Morris

  28. Added Co-Sponsor Rep. Theresa Mah

  29. House Floor Amendment No. 2 Rules Refers to Executive Committee

  30. House Floor Amendment No. 2 Referred to Rules Committee

  31. House Floor Amendment No. 2 Filed with Clerk by Rep. Rita Mayfield

  32. Placed on Calendar 2nd Reading - Short Debate

  33. House Committee Amendment No. 1 Tabled

  34. Do Pass / Short Debate Executive Committee; 011-000-000

  35. House Committee Amendment No. 1 Rules Refers to Executive Committee

  36. House Committee Amendment No. 1 Referred to Rules Committee

  37. House Committee Amendment No. 1 Filed with Clerk by Rep. Rita Mayfield

  38. Assigned to Executive Committee

  39. Referred to Rules Committee

  40. First Reading

  41. Filed with the Clerk by Rep. Rita Mayfield

Sponsors

Sponsorship breakdown

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2 sponsors · 11 co-sponsors · 170 not signed on · 32 voted No

Sponsors (2)

Co-sponsors (11)

Not signed on (170)

170 members have not signed on to this bill.

Show all 170 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Third Reading

Passed 69 Yea · 32 Nay · 17 Other
Party YeaNayPresentNot Voting
Democrat 63008
Unaffiliated 5101
Republican 03108
Total 6832017
% of votes cast 58%27%0%15%
How each member voted (117)
Member Party Vote
Du Buclet — Yea
Faver Dias — Yea
Hernandez, Lisa — Yea
Katz Muhl — Yea
La Ha — Nay
Williams, Jawaharial — Yea
Yang Rohr — Not Voting
Aarón M. Ortíz Democrat Yea
Abdelnasser Rashid Democrat Yea
Amy Briel Democrat Yea
Angelica Guerrero-Cuellar Democrat Not Voting
Ann M. Williams Democrat Yea
Anna Moeller Democrat Yea
Anne Stava Democrat Not Voting
Anthony DeLuca Democrat Yea
Barbara Hernandez Democrat Yea
Bob Morgan Democrat Yea
Camille Y. Lilly Democrat Yea
Carol Ammons Democrat Yea
Curtis J. Tarver, II Democrat Yea
Dagmara Avelar Democrat Yea
Daniel Didech Democrat Yea
Dave Vella Democrat Not Voting
Debbie Meyers-Martin Democrat Yea
Diane Blair-Sherlock Democrat Yea
Edgar González, Jr. Democrat Yea
Eva-Dina Delgado Democrat Yea
Fred Crespo Democrat Yea
Gregg Johnson Democrat Yea
Harry Benton Democrat Yea
Hoan Huynh Democrat Not Voting
Jaime M. Andrade, Jr. Democrat Yea
Jay Hoffman Democrat Yea
Jehan Gordon-Booth Democrat Yea
Jennifer Gong-Gershowitz Democrat Yea
Joyce Mason Democrat Yea
Justin Cochran Democrat Yea
Justin Slaughter Democrat Yea
Kam Buckner Democrat Yea
Katie Stuart Democrat Yea
Kelly M. Cassidy Democrat Yea
Kevin John Olickal Democrat Yea
La Shawn K. Ford Democrat Not Voting
Lawrence "Larry" Walsh, Jr. Democrat Yea
Lilian Jiménez Democrat Yea
Lindsey LaPointe Democrat Yea
Lisa Davis Democrat Yea
Marcus C. Evans, Jr. Democrat Yea
Margaret A. DeLaRosa Democrat Yea
Margaret Croke Democrat Yea
Martha Deuter Democrat Yea
Mary Beth Canty Democrat Yea
Mary Gill Democrat Not Voting
Matt Hanson Democrat Yea
Maura Hirschauer Democrat Yea
Maurice A. West, II Democrat Yea
Michael Crawford Democrat Yea
Michael J. Kelly Democrat Not Voting
Michelle Mussman Democrat Yea
Nabeela Syed Democrat Yea
Natalie A. Manley Democrat Yea
Nicholas K. Smith Democrat Yea
Nicolle Grasse Democrat Yea
Norma Hernandez Democrat Yea
Rick Ryan Democrat Not Voting
Rita Mayfield Democrat Yea
Robert "Bob" Rita Democrat Yea
Robyn Gabel Democrat Yea
Sharon Chung Democrat Yea
Sonya M. Harper Democrat Yea
Stephanie A. Kifowit Democrat Yea
Sue Scherer Democrat Yea
Suzanne M. Ness Democrat Yea
Thaddeus Jones Democrat Yea
Theresa Mah Democrat Yea
Will Guzzardi Democrat Yea
William "Will" Davis Democrat Yea
Yolonda Morris Democrat Yea
Adam M. Niemerg Republican Nay
Amy Elik Republican Nay
Amy L. Grant Republican Not Voting
Blaine Wilhour Republican Nay
Brad Halbrook Republican Nay
Brad Stephens Republican Not Voting
Bradley Fritts Republican Nay
Brandun Schweizer Republican Nay
Charles Meier Republican Nay
Chris Miller Republican Nay
Christopher "C.D." Davidsmeyer Republican Nay
Dan Swanson Republican Nay
Daniel J. Ugaste Republican Nay
Dave Severin Republican Nay
David Friess Republican Nay
Dennis Tipsword Republican Not Voting
Jackie Haas Republican Not Voting
Jason R. Bunting Republican Nay
Jed Davis Republican Nay
Jeff Keicher Republican Not Voting
Jennifer Sanalitro Republican Nay
Joe C. Sosnowski Republican Nay
John M. Cabello Republican Nay
Kevin Schmidt Republican Nay
Kyle Moore Republican Nay
Martin McLaughlin Republican Nay
Michael J. Coffey, Jr. Republican Nay
Norine K. Hammond Republican Nay
Patrick Sheehan Republican Nay
Patrick Windhorst Republican Nay
Paul Jacobs Republican Nay
Regan Deering Republican Nay
Ryan Spain Republican Not Voting
Steven Reick Republican Not Voting
Tom Weber Republican Nay
Tony M. McCombie Republican Nay
Travis Weaver Republican Nay
Wayne A. Rosenthal Republican Not Voting
William E Hauter Republican Nay

Official roll call →

Executive, Amendment 2

Passed 11 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Republican 4000
Democrat 7001
Total 11001
% of votes cast 92%0%0%8%
How each member voted (12)
Member Party Vote
Ann M. Williams Democrat Yea
Curtis J. Tarver, II Democrat Not Voting
Elizabeth "Lisa" Hernandez Democrat Yea
Jay Hoffman Democrat Yea
Maurice A. West, II Democrat Yea
Nicholas K. Smith Democrat Yea
Robert "Bob" Rita Democrat Yea
Theresa Mah Democrat Yea
Christopher "C.D." Davidsmeyer Republican Yea
John M. Cabello Republican Yea
Norine K. Hammond Republican Yea
Ryan Spain Republican Yea

Official roll call →

Executive

Passed 11 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Republican 3001
Democrat 8000
Total 11001
% of votes cast 92%0%0%8%
How each member voted (12)
Member Party Vote
Ann M. Williams Democrat Yea
Dagmara Avelar Democrat Yea
Elizabeth "Lisa" Hernandez Democrat Yea
Jehan Gordon-Booth Democrat Yea
Maurice A. West, II Democrat Yea
Nicholas K. Smith Democrat Yea
Robert "Bob" Rita Democrat Yea
Theresa Mah Democrat Yea
Christopher "C.D." Davidsmeyer Republican Yea
John M. Cabello Republican Yea
Norine K. Hammond Republican Not Voting
Ryan Spain Republican Yea

Official roll call →

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors HB 5045?
HB 5045 is sponsored by Rita Mayfield (Democrat), Diane Blair-Sherlock (Democrat), Barbara Hernandez (Democrat), Ann M. Williams (Democrat), Justin Slaughter (Democrat), Theresa Mah (Democrat), Yolonda Morris (Democrat), Lisa Davis (Democrat), Debbie Meyers-Martin (Democrat), Maura Hirschauer (Democrat), Camille Y. Lilly (Democrat), Adriane L. Johnson (Democrat), and Kimberly Du Buclet (Democrat).
What is the current status of HB 5045?
This bill has passed the House. Introduced February 04, 2026. It now moves to the second chamber.
Where can I track HB 5045?
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