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<xml>
<title>Illinois General Assembly - Bill Status for SB 2761         </title>
<shortdesc>FINANCE-CHARITABLE TRUST FUND</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Emil Jones, III</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 790/5</reference><aliasreference></aliasreference><SynopsisText>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.</SynopsisText></synopsis>
<actions>
<statusdate>2/4/2020</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Emil Jones, III</action>
<statusdate>2/4/2020</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/4/2020</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/11/2020</statusdate><chamber>Senate</chamber><action>Assigned to Financial Institutions</action>
<statusdate>2/19/2020</statusdate><chamber>Senate</chamber><action>Do Pass Financial Institutions;  008-001-000</action>
<statusdate>2/19/2020</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading February 20, 2020</action>
<statusdate>2/20/2020</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>2/20/2020</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading February 25, 2020</action>
<statusdate>3/25/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 7, 2020</action>
<statusdate>4/12/2020</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Assignments</action>
<statusdate>4/23/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 15, 2020</action>
<statusdate>4/30/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 22, 2020</action>
<statusdate>5/7/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 29, 2020</action>
<statusdate>5/15/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 31, 2020</action>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

