Date	Chamber	Action
8/17/2018	House	Public Act . . . . . . . . . 100-0905

Statutes Amended In Order of Appearance

15 ILCS 505/16.5

Synopsis As Introduced
Amends the State Treasurer Act. Modifies and reorganizes the provisions of a Section concerning the College Savings Pool. Provides that the State Treasurer may establish and administer a College Savings Pool as a qualified tuition program under the Internal Revenue Code, and that the Pool may consist of one or more college savings programs. Provides that the State Treasurer, in administering the College Savings Pool, may receive, hold, and invest moneys paid into the Pool and perform such other actions as are necessary to ensure that the Pool operates as a qualified tuition program under the Internal Revenue Code. Provides provisions concerning administration, availability, fees, and investment restrictions of the Pool. Modifies the way in which investments, distributions, contributions, and bonds are made regarding the Pool. Defines terms. Makes conforming, technical, and other changes. Effective immediately.

House Committee Amendment No. 1

	Adds reference to:
	35 ILCS 5/203	from Ch. 120, par. 2-203

Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with changes. Modifies the term "nonqualified withdrawal", and defines the term "member of the family". Provides that funds contained in a College Savings Pool account may be rolled over into an eligible ABLE account to the extent permitted by specified provisions of the Internal Revenue Code. Amends the Illinois Income Tax Act. Provides for a modification to adjusted gross income concerning the transfer of moneys from a qualified tuition program that is administered by the State to an ABLE account established under an out-of-state ABLE account program.

Senate Floor Amendment No. 2
Makes further changes to the Illinois Income Tax Act to provide for modifications to adjusted gross income concerning the distribution, transfer, withdrawal, refund, and contribution of moneys from and to a qualified tuition program or a qualified ABLE program. Makes conforming changes.

Actions 

Date	Chamber	Action
2/13/2018	House	Filed with the Clerk by Rep. Emanuel Chris Welch
2/13/2018	House	First Reading
2/13/2018	House	Referred to Rules Committee
2/27/2018	House	Assigned to State Government Administration Committee
3/5/2018	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Emanuel Chris Welch
3/5/2018	House	House Committee Amendment No. 1 Referred to Rules Committee
3/6/2018	House	House Committee Amendment No. 1 Rules Refers to State Government Administration Committee
3/7/2018	House	House Committee Amendment No. 1 Adopted in State Government Administration Committee; by Voice Vote
3/7/2018	House	Do Pass as Amended / Short Debate State Government Administration Committee; 007-000-000
3/8/2018	House	Placed on Calendar 2nd Reading - Short Debate
4/10/2018	House	Second Reading - Short Debate
4/10/2018	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/11/2018	House	Added Chief Co-Sponsor Rep. Frances Ann Hurley
4/11/2018	House	Added Chief Co-Sponsor Rep. La Shawn K. Ford
4/11/2018	House	Third Reading - Short Debate - Passed 098-014-000
4/12/2018	Senate	Arrive in Senate
4/12/2018	Senate	Placed on Calendar Order of First Reading
4/12/2018	Senate	Chief Senate Sponsor Sen. Bill Cunningham
4/12/2018	Senate	First Reading
4/12/2018	Senate	Referred to Assignments
4/25/2018	Senate	Assigned to State Government
5/3/2018	Senate	Do Pass State Government; 007-000-000
5/3/2018	Senate	Placed on Calendar Order of 2nd Reading May 8, 2018
5/8/2018	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. Bill Cunningham
5/8/2018	Senate	Senate Floor Amendment No. 1 Referred to Assignments
5/9/2018	Senate	Senate Floor Amendment No. 1 Assignments Refers to State Government
5/10/2018	Senate	Senate Floor Amendment No. 1 Postponed - State Government
5/14/2018	Senate	Senate Floor Amendment No. 2 Filed with Secretary by Sen. Bill Cunningham
5/14/2018	Senate	Senate Floor Amendment No. 2 Referred to Assignments
5/15/2018	Senate	Senate Floor Amendment No. 2 Assignments Refers to State Government
5/17/2018	Senate	Senate Floor Amendment No. 1 Postponed - State Government
5/17/2018	Senate	Senate Floor Amendment No. 2 Recommend Do Adopt State Government; 005-000-000
5/17/2018	Senate	Senate Floor Amendment No. 2 Adopted; Cunningham
5/17/2018	Senate	Second Reading
5/17/2018	Senate	Placed on Calendar Order of 3rd Reading May 18, 2018
5/24/2018	Senate	Third Reading - Passed; 055-000-000
5/24/2018	Senate	Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
5/24/2018	House	Arrived in House
5/24/2018	House	Placed on Calendar Order of Concurrence Senate Amendment(s) 2
5/28/2018	House	Senate Floor Amendment No. 2 Motion Filed Concur Rep. Emanuel Chris Welch
5/28/2018	House	Senate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee
5/28/2018	House	Senate Floor Amendment No. 2 Motion to Concur Rules Referred to State Government Administration Committee
5/29/2018	House	Senate Floor Amendment No. 2 Motion to Concur Recommends Be Adopted State Government Administration Committee; 007-000-000
5/31/2018	House	Senate Floor Amendment No. 2 House Concurs 107-003-000
5/31/2018	House	House Concurs
5/31/2018	House	Passed Both Houses
5/31/2018	House	Added Chief Co-Sponsor Rep. Natalie A. Manley
5/31/2018	House	Added Co-Sponsor Rep. Camille Y. Lilly
6/29/2018	House	Sent to the Governor
8/17/2018	House	Governor Approved
8/17/2018	House	Effective Date August 17, 2018
8/17/2018	House	Public Act . . . . . . . . . 100-0905

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