Illinois 104th Regular Session Status: To Executive Bipartisan · 54 D · 1 R cosponsors

SB 246 — NON-PROFIT INVESTMENT POOL

Last action — Total Veto Stands

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

This bill has been sent to the executive. Introduced January 22, 2025. It awaits signature.

Vetoed by Governor JB Pritzker (Democratic) on October 29, 2025.

Next likely step: the executive signs it into law or issues a veto.

Prognosis

Likely to advance 90% · high confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • To Executive

    Current position in the legislative process.

  • 60 sponsors

    2 primary, 58 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (54 D · 1 R) — cross-party backing.

  • Cleared a recorded vote

    Passed 5 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.

Bill Text

What changed in the latest version

3 added · 3 removed

Plain-language change summary

In the latest version of Bill SB 246, a few sentences have been added to clarify certain points, while some previous language has been removed. These changes are aimed at making the bill easier to understand and ensuring that its intentions are more clearly communicated. This matters because clearer language can help prevent misunderstandings and ensure that the bill serves its intended purpose more effectively.

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Latest
SB0246 Engrossed LRB104 08227 SPS 18277 b AN ACT concerning State government.
SB0246 Enrolled LRB104 08227 SPS 18277 b AN ACT concerning State government.
(c) The Treasurer may invest the funds constituting the SB0246 Engrossed - 2 - LRB104 08227 SPS 18277 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.
(c) The Treasurer may invest the funds constituting the SB0246 Enrolled - 2 - LRB104 08227 SPS 18277 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 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 SB0246 Engrossed - 3 - LRB104 08227 SPS 18277 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.
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 SB0246 Enrolled - 3 - LRB104 08227 SPS 18277 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

1 amendment

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Action History

  1. Total Veto Stands

  2. Placed Calendar Total Veto October 15, 2025

  3. Governor Vetoed

  4. Sent to the Governor

  5. Passed Both Houses

  6. Third Reading - Short Debate - Passed 073-039-000

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

  8. Added Alternate Co-Sponsor Rep. Camille Y. Lilly

  9. Third Reading/Final Action Deadline Extended-9(b) May 31, 2025

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

  11. Second Reading - Short Debate

  12. Added Alternate Co-Sponsor Rep. Thaddeus Jones

  13. Added Alternate Co-Sponsor Rep. La Shawn K. Ford

  14. Added Alternate Co-Sponsor Rep. Elizabeth "Lisa" Hernandez

  15. Added Alternate Co-Sponsor Rep. Dave Vella

  16. Added Alternate Co-Sponsor Rep. Bob Morgan

  17. Added Alternate Co-Sponsor Rep. Joyce Mason

  18. Added Alternate Co-Sponsor Rep. Marcus C. Evans, Jr.

  19. Added Alternate Co-Sponsor Rep. Michelle Mussman

  20. Added Alternate Co-Sponsor Rep. Ann M. Williams

  21. Added Alternate Co-Sponsor Rep. Stephanie A. Kifowit

  22. Added Alternate Co-Sponsor Rep. Dagmara Avelar

  23. Added Alternate Co-Sponsor Rep. Gregg Johnson

  24. Added Alternate Co-Sponsor Rep. Anna Moeller

  25. Added Alternate Co-Sponsor Rep. Anne Stava

  26. Added Alternate Co-Sponsor Rep. William "Will" Davis

  27. Placed on Calendar 2nd Reading - Short Debate

  28. Added Alternate Chief Co-Sponsor Rep. Barbara Hernandez

  29. Added Alternate Chief Co-Sponsor Rep. Justin Slaughter

  30. Added Alternate Chief Co-Sponsor Rep. Diane Blair-Sherlock

  31. Added Alternate Co-Sponsor Rep. Debbie Meyers-Martin

  32. Added Alternate Co-Sponsor Rep. Katie Stuart

  33. Added Alternate Co-Sponsor Rep. Laura Faver Dias

  34. Added Alternate Co-Sponsor Rep. Suzanne M. Ness

  35. Added Alternate Co-Sponsor Rep. Maura Hirschauer

  36. Added Alternate Co-Sponsor Rep. Nicolle Grasse

  37. Added Alternate Co-Sponsor Rep. Michael Crawford

  38. Added Alternate Co-Sponsor Rep. Lisa Davis

  39. Added Alternate Co-Sponsor Rep. Martha Deuter

  40. Added Alternate Co-Sponsor Rep. Edgar González, Jr.

  41. Added Alternate Co-Sponsor Rep. Aarón M. Ortíz

  42. Added Alternate Co-Sponsor Rep. Yolonda Morris

  43. Added Alternate Co-Sponsor Rep. Tracy Katz Muhl

  44. Added Alternate Co-Sponsor Rep. Sharon Chung

  45. Added Alternate Co-Sponsor Rep. Kevin John Olickal

  46. Do Pass / Short Debate State Government Administration Committee; 005-003-000

  47. Assigned to State Government Administration Committee

  48. Added as Co-Sponsor Sen. Napoleon Harris, III

  49. Referred to Rules Committee

  50. First Reading

  51. Chief House Sponsor Rep. Rita Mayfield

  52. Arrived in House

  53. Added as Co-Sponsor Sen. Ram Villivalam

  54. Added as Co-Sponsor Sen. Lakesia Collins

  55. Added as Co-Sponsor Sen. Elgie R. Sims, Jr.

  56. Added as Co-Sponsor Sen. Rachel Ventura

  57. Added as Co-Sponsor Sen. Willie Preston

  58. Third Reading - Passed; 033-017-000

  59. Placed on Calendar Order of 3rd Reading

  60. Senate Floor Amendment No. 1 Adopted; Johnson

  61. Recalled to Second Reading

  62. Added as Co-Sponsor Sen. Sara Feigenholtz

  63. Added as Co-Sponsor Sen. Javier L. Cervantes

  64. Senate Floor Amendment No. 1 Recommend Do Adopt State Government; 009-000-000

  65. Added as Co-Sponsor Sen. Julie A. Morrison

  66. Senate Floor Amendment No. 1 Assignments Refers to State Government

  67. Added as Co-Sponsor Sen. Robert Peters

  68. Senate Floor Amendment No. 1 Referred to Assignments

  69. Senate Floor Amendment No. 1 Filed with Secretary by Sen. Adriane Johnson

  70. Placed on Calendar Order of 3rd Reading March 19, 2025

  71. Second Reading

  72. Added as Co-Sponsor Sen. Li Arellano, Jr.

  73. Added as Co-Sponsor Sen. Laura M. Murphy

  74. Added as Co-Sponsor Sen. Kimberly A. Lightford

  75. Added as Co-Sponsor Sen. Linda Holmes

  76. Placed on Calendar Order of 2nd Reading March 18, 2025

  77. Do Pass State Government; 010-000-000

  78. Added as Co-Sponsor Sen. Mike Porfirio

  79. Added as Co-Sponsor Sen. Graciela Guzmán

  80. Added as Co-Sponsor Sen. Mike Simmons

  81. Added as Co-Sponsor Sen. Mattie Hunter

  82. Added as Co-Sponsor Sen. Celina Villanueva

  83. Added as Chief Co-Sponsor Sen. Christopher Belt

  84. Added as Chief Co-Sponsor Sen. Mary Edly-Allen

  85. Added as Co-Sponsor Sen. Paul Faraci

  86. Added as Chief Co-Sponsor Sen. Robert F. Martwick

  87. Added as Co-Sponsor Sen. Michael W. Halpin

  88. Postponed - State Government

  89. Assigned to State Government

  90. Referred to Assignments

  91. First Reading

  92. Filed with Secretary by Sen. Adriane Johnson

Sponsors

Sponsorship breakdown

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2 sponsors · 58 co-sponsors · 123 not signed on · 57 voted No

Sponsors (2)

Co-sponsors (58)

Not signed on (123)

123 members have not signed on to this bill.

Show all 123 →

"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 73 Yea · 39 Nay · 6 Other
Party YeaNayPresentNot Voting
Democrat 64005
Unaffiliated 8100
Republican 03801
Total 723906
% of votes cast 62%33%0%5%
How each member voted (117)
Member Party Vote
Stava-Murray — Yea
Costa Howard — Yea
Du Buclet — Yea
Faver Dias — Yea
Hernandez, Lisa — Yea
Katz Muhl — Yea
La Ha — Nay
Williams, Jawaharial — Yea
Yang Rohr — Yea
Aarón M. Ortíz Democrat Yea
Abdelnasser Rashid Democrat Yea
Amy Briel Democrat Yea
Angelica Guerrero-Cuellar Democrat Yea
Ann M. Williams Democrat Yea
Anna Moeller Democrat Yea
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 Not Voting
Dagmara Avelar Democrat Yea
Daniel Didech Democrat Yea
Dave Vella Democrat Yea
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 Yea
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 Slaughter Democrat Yea
Kam Buckner Democrat Yea
Katie Stuart Democrat Yea
Kelly M. Cassidy Democrat Not Voting
Kevin John Olickal Democrat Yea
La Shawn K. Ford Democrat Yea
Lawrence "Larry" Walsh, Jr. Democrat Yea
Lilian Jiménez Democrat Not Voting
Lindsey LaPointe Democrat Yea
Lisa Davis Democrat Yea
Marcus C. Evans, Jr. Democrat Yea
Margaret Croke Democrat Yea
Martha Deuter Democrat Yea
Martin J. Moylan Democrat Yea
Mary Beth Canty Democrat Yea
Mary Gill Democrat Yea
Matt Hanson Democrat Yea
Maura Hirschauer Democrat Yea
Maurice A. West, II Democrat Yea
Michael Crawford Democrat Yea
Michael J. Kelly Democrat Yea
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 Yea
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 Not Voting
Suzanne M. Ness Democrat Yea
Thaddeus Jones Democrat Not Voting
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 Nay
Blaine Wilhour Republican Nay
Brad Halbrook Republican Nay
Brad Stephens Republican Nay
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 Nay
Jackie Haas Republican Nay
Jason R. Bunting Republican Nay
Jed Davis Republican Nay
Jeff Keicher Republican Nay
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 Nay
Steven Reick Republican Nay
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 →

State Government Administration

Passed 5 Yea · 3 Nay · 1 Other
Party YeaNayPresentNot Voting
Democrat 5001
Republican 0300
Total 5301
% of votes cast 56%33%0%11%
How each member voted (9)
Member Party Vote
Diane Blair-Sherlock Democrat Yea
Laura Faver Dias Democrat Not Voting
Lisa Davis Democrat Yea
Michael Crawford Democrat Yea
Nicolle Grasse Democrat Yea
Rick Ryan Democrat Yea
Dan Swanson Republican Nay
Michael J. Coffey, Jr. Republican Nay
Wayne A. Rosenthal Republican Nay

Official roll call →

Third Reading

Passed 33 Yea · 17 Nay · 9 Other
Party YeaNayPresentNot Voting
Unaffiliated 3000
Democrat 28107
Republican 11602
Total 321709
% of votes cast 55%29%0%16%
How each member voted (58)
Member Party Vote
Simmons — Yea
Glowiak Hilton — Yea
Loughran Cappel — Yea
Bill Cunningham Democrat Yea
Celina Villanueva Democrat Yea
Christopher Belt Democrat Not Voting
Cristina Castro Democrat Yea
David Koehler Democrat Yea
Doris Turner Democrat Yea
Elgie R. Sims, Jr. Democrat Yea
Emil Jones, III Democrat Not Voting
Graciela Guzmán Democrat Yea
Gregg Johnson Democrat Yea
Javier L. Cervantes Democrat Yea
Julie A. Morrison Democrat Not Voting
Karina Villa Democrat Yea
Kimberly A. Lightford Democrat Yea
Lakesia Collins Democrat Yea
Laura Ellman Democrat Yea
Laura Fine Democrat Yea
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Mark L. Walker Democrat Nay
Mary Edly-Allen Democrat Yea
Mattie Hunter Democrat Not Voting
Michael E. Hastings Democrat Not Voting
Michael W. Halpin Democrat Not Voting
Mike Porfirio Democrat Yea
Napoleon Harris III Democrat Yea
Omar Aquino Democrat Not Voting
Patrick J. Joyce Democrat Yea
Paul Faraci Democrat Yea
Rachel Ventura Democrat Yea
Ram Villivalam Democrat Yea
Robert F. Martwick Democrat Yea
Robert Peters Democrat Yea
Sara Feigenholtz Democrat Yea
Steve Stadelman Democrat Yea
Willie Preston Democrat Yea
Andrew S. Chesney Republican Nay
Chapin Rose Republican Nay
Chris Balkema Republican Nay
Craig Wilcox Republican Nay
Dale Fowler Republican Nay
Darby A. Hills Republican Not Voting
Dave Syverson Republican Nay
Donald P. DeWitte Republican Nay
Erica Harriss Republican Nay
Jason Plummer Republican Nay
Jil Tracy Republican Nay
John F. Curran Republican Not Voting
Li Arellano, Jr. Republican Yea
Neil Anderson Republican Nay
Sally J. Turner Republican Nay
Seth Lewis Republican Nay
Steve McClure Republican Nay
Sue Rezin Republican Nay
Terri Bryant Republican Nay

Official roll call →

State Government, Amendment 1

Passed 9 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Republican 3000
Democrat 6001
Total 9001
% of votes cast 90%0%0%10%
How each member voted (10)
Member Party Vote
Doris Turner Democrat Yea
Meg Loughran Cappel Democrat Yea
Michael W. Halpin Democrat Yea
Patrick J. Joyce Democrat Yea
Robert F. Martwick Democrat Yea
Steve Stadelman Democrat Yea
Willie Preston Democrat Not Voting
Donald P. DeWitte Republican Yea
Li Arellano, Jr. Republican Yea
Sally J. Turner Republican Yea

Official roll call →

State Government

Passed 10 Yea · 0 Nay
Party YeaNayPresentNot Voting
Republican 3000
Democrat 7000
Total 10000
% of votes cast 100%0%0%0%
How each member voted (10)
Member Party Vote
Doris Turner Democrat Yea
Meg Loughran Cappel Democrat Yea
Michael W. Halpin Democrat Yea
Patrick J. Joyce Democrat Yea
Robert F. Martwick Democrat Yea
Steve Stadelman Democrat Yea
Willie Preston Democrat Yea
Donald P. DeWitte Republican Yea
Li Arellano, Jr. Republican Yea
Sally J. Turner Republican Yea

Official roll call →

Subjects

finance
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Frequently asked questions

Who sponsors SB 246?
SB 246 is sponsored by Hernandez, Lisa, Faver Dias, Adriane L. Johnson (Democrat), Robert F. Martwick (Democrat), Mary Edly-Allen (Democrat), Christopher Belt (Democrat), Michael W. Halpin (Democrat), Paul Faraci (Democrat), Celina Villanueva (Democrat), Mattie Hunter (Democrat), Katz Muhl, Graciela Guzmán (Democrat), Mike Porfirio (Democrat), Linda Holmes (Democrat), Kimberly A. Lightford (Democrat), Laura M. Murphy (Democrat), Li Arellano, Jr. (Republican), Robert Peters (Democrat), Julie A. Morrison (Democrat), Javier L. Cervantes (Democrat), Sara Feigenholtz (Democrat), Willie Preston (Democrat), Rachel Ventura (Democrat), Elgie R. Sims, Jr. (Democrat), Lakesia Collins (Democrat), Ram Villivalam (Democrat), Napoleon Harris III (Democrat), Rita Mayfield (Democrat), Diane Blair-Sherlock (Democrat), Justin Slaughter (Democrat), Barbara Hernandez (Democrat), Kevin John Olickal (Democrat), Sharon Chung (Democrat), Yolonda Morris (Democrat), Aarón M. Ortíz, Edgar González, Jr., Martha Deuter (Democrat), Lisa Davis (Democrat), Michael Crawford (Democrat), Nicolle Grasse (Democrat), Maura Hirschauer (Democrat), Suzanne M. Ness (Democrat), Katie Stuart (Democrat), Debbie Meyers-Martin (Democrat), William "Will" Davis (Democrat), Anne Stava (Democrat), Anna Moeller (Democrat), Gregg Johnson (Democrat), Dagmara Avelar (Democrat), Stephanie A. Kifowit (Democrat), Ann M. Williams (Democrat), Michelle Mussman (Democrat), Marcus C. Evans, Jr. (Democrat), Joyce Mason (Democrat), Bob Morgan (Democrat), Dave Vella (Democrat), La Shawn K. Ford (Democrat), Thaddeus Jones (Democrat), Camille Y. Lilly (Democrat), and Mike Simmons (Democrat).
What is the current status of SB 246?
This bill has been sent to the executive. Introduced January 22, 2025. It awaits signature.
Where can I track SB 246?
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