TITLE 2: GOVERNMENTAL ORGANIZATION
SUBTITLE C: CONSTITUTIONAL OFFICERS
CHAPTER VII: TREASURER
PART 650 PUBLIC INFORMATION, RULEMAKING AND ORGANIZATION

SUBPART A: ORGANIZATION

Section 650.105 Introduction

Section 650.110 Office of the Treasurer

Section 650.115 Office of the Treasurer – Locations

Section 650.120 Office of the Treasurer – General Division of Responsibilities


SUBPART B: PUBLIC INFORMATION

Section 650.205 Introduction

Section 650.210 Comments to the Office of the Treasurer

Section 650.215 Freedom of Information Act

Section 650.220 Requests for Rules of the Office of the Treasurer


SUBPART C: RULES

Section 650.305 Introduction

Section 650.310 Administrative Rules - Table of Contents


SUBPART D: RULEMAKING PROCEDURES

Section 650.405 Introduction

Section 650.410 Rulemaking Procedures


Section 650.APPENDIX A Organizational Chart

Section 650.APPENDIX B Chart of Rulemaking Procedures


AUTHORITY: Implementing and authorized by Section 5-15 of the Illinois Administrative Procedure Act [5 ILCS 100/5-15] and implementing Section 17.1 of the State Treasurer Act [15 ILCS 505/17.1].


SOURCE: Adopted at 36 Ill. Reg. 14445, effective September 10, 2012; amended at 45 Ill. Reg. 15095, effective November 10, 2021; amended at 48 Ill. Reg. 13846, effective August 29, 2024.


SUBPART A: ORGANIZATION

 

Section 650.105  Introduction

 

Pursuant to Section 5-15(a)(1) of the Illinois Administrative Procedure Act (IAPA) [5 ILCS 100], the Treasurer promulgates this Subpart setting forth the organization of the Office of the Treasurer.

 

Section 650.110  Office of the Treasurer

 

The Office of the Treasurer is created pursuant to Article V, Section 17 of the Illinois Constitution of 1970 and is responsible for the safekeeping and investment of the State's monies and securities.  In addition to these constitutionally required responsibilities, the State Treasurer has other responsibilities prescribed by law.

 

Section 650.115  Office of the Treasurer – Locations

 

The main office of the Treasurer is located at the Illinois Statehouse, Room 219, in Springfield, Illinois 62706.  The principal branch office is located at One East Old State Capitol Plaza, Springfield, IL 62701.  The Chicago branch office is located at 555 West Monroe Street, 14th Floor, Chicago, Illinois.  The Treasurer maintains other offices, principally for internal operations of the Treasurer.  A list of all current offices is available upon request.

 

(Source:  Amended at 48 Ill. Reg. 13846, effective August 29, 2024)

 

Section 650.120  Office of the Treasurer – General Division of Responsibilities

 

The various responsibilities and functions of the Office of the Treasurer are generally assigned within the Office of the Treasurer.  The general areas of responsibility are:

 

a)         Administrative

 

b)         Financial Products

 

c)         Banking

 

d)         Investments

 

e)         Unclaimed Property

 

f)         Legal

 

(Source:  Amended at 48 Ill. Reg. 13846, effective August 29, 2024)


SUBPART B: PUBLIC INFORMATION

 

Section 650.205  Introduction

 

Pursuant to Section 5-15(a)(2) of the IAPA, the Treasurer promulgates this Subpart setting forth the current procedures by which the public can obtain information or make submissions or requests on subjects, programs and activities of the Office of the Treasurer.

 

Section 650.210  Comments to the Office of the Treasurer

 

Members of the public who desire to make any submission, comment, request or objection regarding any program, policy or activity of the Office of the Treasurer may do so verbally by calling main office at (866) 458-7327 or, if submitting a request pursuant to the Freedom of Information Act (5 ILCS 140), writing to either foia@illinoistreasurer.gov or:

 

FOIA Officer

Office of the Illinois State Treasurer

One East Old State Capitol Plaza

Springfield, Illinois 62701

 

(Source:  Amended at 45 Ill. Reg. 15095, effective November 10, 2021)

 

Section 650.215  Freedom of Information Act

 

Members of the public who desire to make a request for information pursuant to the Illinois Freedom of Information Act (FOIA) [5 ILCS 140] should follow the procedures contained in 2 Ill. Adm. Code 651 (Access to Records of the Office of the Illinois State Treasurer). 

 

Section 650.220  Requests for Rules of the Office of the Treasurer

 

The rules of the Office of the Treasurer are part of the Illinois Administrative Code and can be found on the website of the Illinois General Assembly at www.ilga.gov. Members of the public who desire to make a request for a copy of any of the Administrative Rules of the Office of the Treasurer can make that request in writing to the following:

 

Rules Coordinator

Illinois State House, Room 219

Springfield, Illinois 62706

 

(Source:  Amended at 45 Ill. Reg. 15095, effective November 10, 2021)


SUBPART C: RULES

 

Section 650.305  Introduction

 

Pursuant to Section 5-15(a)(3) of the IAPA, the Treasurer promulgates the table of contents in Section 650.310 to aid the public in finding and using the Administrative Rules of the Office of the Treasurer.

 

Section 650.310  Administrative Rules − Table of Contents

 

The Administrative Rules of the Office of the Treasurer are as follows:

 

Achieving a Better Life Experience (ABLE)

Account Program ........................................................................ 74 Ill. Adm. Code 722

 

Access to Records of the Office of the

Illinois State Treasurer ............................................................... 2 Ill. Adm. Code 651

 

Americans With Disabilities Act

Grievance Procedure .................................................................. 4 Ill. Adm. Code 350

 

Banking and Automated Teller Machine Services .................... 74 Ill. Adm. Code 600

 

Capital Crimes Litigation Trust Fund ........................................ 74 Ill. Adm. Code 725

 

Classification and Pay ................................................................ 80 Ill. Adm. Code 610

 

College Savings Pool ................................................................. 23 Ill. Adm. Code 2500

 

Conditions of Employment ........................................................ 80 Ill. Adm. Code 630

 

Disbursement of Funds – Special Handling ............................... 74 Ill. Adm. Code 710

 

E-Pay Program ........................................................................... 74 Ill. Adm. Code 735

 

General Provisions ..................................................................... 80 Ill. Adm. Code 640

 

Hospital Basic Services Preservation Act .................................. 74 Ill. Adm. Code 755

 

Illinois Public Treasurers' Investment Pool

for Public Treasurers in the State of Illinois .............................. 74 Ill. Adm. Code 740

 

Illinois State Treasurer and Office of Banks

and Real Estate Joint Rules Governing the

Uniform Disposition of Unclaimed Property ............................. 74 Ill. Adm. Code 761

 

Joint Rules of the Treasurer and

Comptroller: Extensions of Time for

the Deposit of Funds into the State Treasury ............................. 74 Ill. Adm. Code 700

 

Merit and Fitness ........................................................................ 80 Ill. Adm. Code 620

 

Public Information, Rulemaking and Organization ................... 2 Ill. Adm. Code 650

 

Procurement ............................................................................... 44 Ill. Adm. Code 1400

 

Revised Uniform Unclaimed Property Act ................................ 74 Ill. Adm. Code 760

 

Rules for Charitable Trust Stabilization Committee .................. 74 Ill. Adm. Code 650

 

Rules of Practice in Administrative Hearings ............................ 74 Ill. Adm. Code 730

 

Secure Choice Savings Program ................................................ 74 Ill. Adm. Code 721

 

Technology Development Account (TDA) Program ................. 74 Ill. Adm. Code 719

 

Transfers Between Accounts Within a Fund Held

By the State Treasurer ................................................................ 74 Ill. Adm. Code 275

 

(Source:  Amended at 48 Ill. Reg. 13846, effective August 29, 2024)


SUBPART D: RULEMAKING PROCEDURES

 

Section 650.405  Introduction

 

Pursuant to Section 5-15(a)(4) of the IAPA, the Treasurer promulgates this Subpart setting forth the Office of the Treasurer's rulemaking procedures.

 

Section 650.410  Rulemaking Procedures

 

a)         Administrative rulemaking may be initiated in three ways:

 

1)         Rulemaking required by legislative Act, judicial decree or Executive Order of the State Treasurer, or reflecting other changes in administrative policies;

 

2)         Rulemaking initiated by recognition of a necessary rule by the audit or administrative functions of the Office of the Treasurer; or

 

3)         A request from the public or other third party for the Office of the Treasurer to undertake rulemaking in a particular area.

 

b)         Once initiated, all rulemaking is referred to the General Counsel, or their designee, for the purpose of analyzing and, if necessary, drafting a rulemaking.

 

c)         After a rulemaking has been drafted, the draft is circulated within the Office of the Treasurer for comment.

 

d)         Comments are received and analyzed and, if necessary, the rulemaking is revised.

 

e)         The rulemaking is then formally submitted to the Secretary of the State's Index Department and published, processed, evaluated, revised and adopted pursuant to the requirements of the IAPA.

 

(Source:  Amended at 48 Ill. Reg. 13846, effective August 29, 2024)

 

Section 650.APPENDIX A   Organizational Chart

 

 

 

TREASURER

 

 

 

 

 

Chief of Staff

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Administrative

 

Financial Products

 

Banking

 

Investments

 

Unclaimed Property

 

Legal

 

(Source:  Amended at 48 Ill. Reg. 13846, effective August 29, 2024)

 

Section 650.APPENDIX B   Chart of Rulemaking Procedures