Date	Chamber	Action
10/17/2007	House	Public Act . . . . . . . . . 95-0655

Statutes Amended In Order of Appearance

New Act

30 ILCS 105/5.675 new

Synopsis As Introduced
Creates the Charitable Trust Stabilization Act and amends the State Finance Act. Creates the Charitable Trust Stabilization Fund as a special fund in the State treasury and requires that the moneys in the Fund be used for financial assistance to participating eligible charitable organizations. Creates the Charitable Trust Stabilization Committee to administer the Fund. Provides that eligible charitable organizations may elect to participate by agreeing to have 3% of the proceeds received by that organization from a grant award or contract with any State agency placed in the Charitable Trust Stabilization Fund. Sets forth requirements for eligible organizations.

House Amendment No. 1
Provides that on the June 30 that occurs in the third year after the transfer to the Charitable Trust Stabilization Fund, the Treasurer must transfer the amount of $1,000,000 from the Charitable Trust Stabilization Fund to the General Revenue Fund, and if, on that date, less than $1,000,000 is available for transfer, then the Treasurer must transfer the remaining balance of the Charitable Trust Stabilization Fund to the General Revenue Fund, and on each June 30 thereafter must transfer any balance in the Charitable Trust Stabilization Fund to the General Revenue Fund until the aggregate amount of $1,000,000 has been transferred. Provides that the grant program under this Act is permissive and is subject to appropriation by the General Assembly.

Senate Committee Amendment No. 1

	Adds reference to:
	805 ILCS 105/115.10	from Ch. 32, par. 115.10

Deletes everything after the enacting clause. Reinserts the provisions of the engrossed bill with the following changes: Makes changes to the membership of the Charitable Trust Stabilization Committee. Deletes the provision that an eligible organization may elect to participate in the Charitable Trust Stabilization Program by agreeing to have 3% of the proceeds received by that organization from a grant award or contract with any State agency placed in the Charitable Trust Stabilization Fund. Amends the General Not For Profit Corporation Act of 1986. Increases the fee for filing an annual report from $5 to $10 and requires that $5 of that fee must be deposited into the Charitable Trust Stabilization Fund. Makes other changes.

Senate Floor Amendment No. 2

	Adds reference to:
	805 ILCS 105/115.10	from Ch. 32, par. 115.10

Deletes everything after the enacting clause. Reinserts the provisions of the bill, as amended by Senate Amendment No. 1, with the following changes: Makes changes to the membership of the Charitable Trust Stabilization Committee and provides the Attorney General (instead of the Lieutenant Governor) or his or her designee shall serve as co-chair of the Charitable Trust Stabilization Committee).

Governor Amendatory Veto Message
Recommends that, to be eligible to receive a grant under the Charitable Trust Stabilization Act, the organization must provide evidence that it is in good financial standing, including, but not limited to, a showing that there have been no audit findings for the previous 2-year period that would adversely affect the organization’s Section 501(c)(3) tax-exempt status and other evidence, as specified by Committee rules.

Actions 

Date	Chamber	Action
2/27/2007	House	Filed with the Clerk by Rep. Constance A. Howard
2/28/2007	House	First Reading
2/28/2007	House	Referred to Rules Committee
3/1/2007	House	Assigned to State Government Administration Committee
3/14/2007	House	Do Pass / Short Debate State Government Administration Committee; 011-000-000
3/15/2007	House	Placed on Calendar 2nd Reading - Short Debate
3/20/2007	House	Second Reading - Short Debate
3/20/2007	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/22/2007	House	Recalled to Second Reading - Short Debate
3/22/2007	House	Held on Calendar Order of Second Reading - Short Debate
4/17/2007	House	House Amendment No. 1 Filed with Clerk by Rep. Constance A. Howard
4/17/2007	House	House Amendment No. 1 Referred to Rules Committee
4/18/2007	House	House Amendment No. 1 Recommends Be Adopted Rules Committee; 005-000-000
4/19/2007	House	Second Reading - Short Debate
4/19/2007	House	House Amendment No. 1 Adopted by Voice Vote
4/19/2007	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/19/2007	House	Added Chief Co-Sponsor Rep. Careen M Gordon
4/24/2007	House	Third Reading - Short Debate - Passed 104-007-001
4/25/2007	Senate	Arrive in Senate
4/25/2007	Senate	Placed on Calendar Order of First Reading April 26, 2007
4/25/2007	Senate	Chief Senate Sponsor Sen. Donne E. Trotter
4/26/2007	Senate	First Reading
4/26/2007	Senate	Referred to Rules
5/2/2007	Senate	Assigned to Judiciary Civil Law
5/9/2007	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Donne E. Trotter
5/9/2007	Senate	Senate Committee Amendment No. 1 Referred to Rules
5/9/2007	Senate	Senate Committee Amendment No. 1 Rules Refers to Judiciary Civil Law
5/15/2007	Senate	Senate Committee Amendment No. 1 Adopted
5/15/2007	Senate	Do Pass as Amended Judiciary Civil Law; 008-001-000
5/15/2007	Senate	Placed on Calendar Order of 2nd Reading May 16, 2007
5/22/2007	Senate	Senate Floor Amendment No. 2 Filed with Secretary by Sen. Donne E. Trotter
5/22/2007	Senate	Senate Floor Amendment No. 2 Referred to Rules
5/22/2007	Senate	Second Reading
5/22/2007	Senate	Placed on Calendar Order of 3rd Reading May 23, 2007
5/23/2007	Senate	Senate Floor Amendment No. 2 Rules Refers to Judiciary Civil Law
5/24/2007	Senate	Senate Floor Amendment No. 2 Recommend Do Adopt Judiciary Civil Law; 007-000-000
5/24/2007	Senate	Recalled to Second Reading
5/24/2007	Senate	Senate Floor Amendment No. 2 Adopted; Trotter
5/24/2007	Senate	Placed on Calendar Order of 3rd Reading May 25, 2007
5/25/2007	Senate	Rule 2-10 Third Reading Deadline Established As May 31, 2007
5/28/2007	Senate	Third Reading - Passed; 049-004-001
5/29/2007	House	Arrived in House
5/29/2007	House	Placed on Calendar Order of Concurrence Senate Amendment(s) 1,2
5/31/2007	House	Final Action Deadline Extended-9(b) June 8, 2007
6/5/2007	House	Senate Committee Amendment No. 1 Motion Filed Concur Rep. Constance A. Howard
6/5/2007	House	Senate Floor Amendment No. 2 Motion Filed Concur Rep. Constance A. Howard
6/5/2007	House	Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
6/5/2007	House	Senate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee
6/7/2007	House	Senate Committee Amendment No. 1 Motion to Concur Rules Referred to State Government Administration Committee
6/7/2007	House	Senate Floor Amendment No. 2 Motion to Concur Rules Referred to State Government Administration Committee
6/8/2007	House	Final Action Deadline Extended-9(b) June 15, 2007
6/13/2007	House	Senate Committee Amendment No. 1 Motion to Concur Recommends be Adopted State Government Administration Committee; 006-004-000
6/13/2007	House	Senate Floor Amendment No. 2 Motion to Concur Recommends be Adopted State Government Administration Committee; 006-003-000
6/14/2007	House	Senate Committee Amendment No. 1 House Concurs 061-038-000
6/14/2007	House	Senate Floor Amendment No. 2 House Concurs 061-038-000
6/14/2007	House	Passed Both Houses
7/13/2007	House	Sent to the Governor
9/11/2007	House	Governor Amendatory Veto
9/19/2007	House	Placed on Calendar Amendatory Veto October 2, 2007
10/1/2007	House	Motion Filed Override Amendatory Veto Rep. Constance A. Howard
10/2/2007	House	3/5 Vote Required
10/2/2007	House	Override Amendatory Veto - House Passed 071-042-000
10/10/2007	Senate	Placed on Calendar Amendatory Veto October 11, 2007
10/11/2007	Senate	Motion Filed Override Amendatory Veto Sen. Donne E. Trotter
10/11/2007	Senate	3/5 Vote Required
10/11/2007	Senate	Override Amendatory Veto - Senate Passed 049-006-001
10/11/2007	House	Amendatory Veto Overridden Both Houses
10/17/2007	House	Effective Date June 1, 2008
10/17/2007	House	Public Act . . . . . . . . . 95-0655

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