SB 246104th
bill
104th General Assembly (2025 to 2026) · State Senate bill
SB 246
NON-PROFIT INVESTMENT POOL
Vetoed Last action October 29, 2025: Total Veto Stands
Official bill page and text: ilga.gov
Sponsors 60
- Prime sponsors
- Adriane L. Johnson, Rita Mayfield
- Cosponsors (58)
- Aarón M. Ortíz, Ann M. Williams, Anna Moeller, Anne Stava, Barbara Hernandez, Bob Morgan, Camille Y. Lilly, Celina Villanueva, Christopher Belt, Dagmara Avelar, Dave Vella, Debbie Meyers-Martin, Diane Blair-Sherlock, Edgar González, Jr., Elgie R. Sims, Jr., Elizabeth "Lisa" Hernandez, Graciela Guzmán, Gregg Johnson, Javier L. Cervantes, Joyce Mason, Julie A. Morrison, Justin Slaughter, Katie Stuart, Kevin John Olickal, Kimberly A. Lightford, La Shawn K. Ford, Lakesia Collins, Laura Faver Dias, Laura M. Murphy, Li Arellano, Jr., Linda Holmes, Lisa Davis, Marcus C. Evans, Jr., Martha Deuter, Mary Edly-Allen, Mattie Hunter, Maura Hirschauer, Michael Crawford, Michael W. Halpin, Michelle Mussman, Mike Porfirio, Mike Simmons, Napoleon Harris III, Nicolle Grasse, Paul Faraci, Rachel Ventura, Ram Villivalam, Robert F. Martwick, Robert Peters, Sara Feigenholtz, Sharon Chung, Stephanie A. Kifowit, Suzanne M. Ness, Thaddeus Jones, Tracy Katz Muhl, William "Will" Davis, Willie Preston, Yolonda Morris
Status
Vetoed as of October 29, 2025. The 104th General Assembly serves until the 105th convenes on January 13, 2027.
Referred to: House State Government Administration, Senate State Government (from the official referral record)
Roll-call votes 5
May 28, 2025House of RepresentativesThird ReadingPassed73-39
yes (73) Mussman, Guerrero-Cuellar, Ammons, Ness, Guzzardi, Andrade, Avelar, Olickal, Benton, Ortíz, Aarón, Blair-Sherlock, Rashid, Hanson, Briel, Harper, Buckner, Rita, Hernandez, Barbara, Ryan, Hernandez, Lisa, Canty, Hernandez, Norma, Hirschauer, Chung, Hoffman, Huynh, Costa Howard, Crawford, Crespo, Slaughter, Johnson, Croke, Smith, Katz Muhl, Davis, Lisa, Stava-Murray, Kelly, Davis, Will, Kifowit, Stuart, Delgado, LaPointe, DeLuca, Syed, Lilly, Deuter, Mah, Didech, Manley, Du Buclet, Mason, Vella, Mayfield, Evans, Walsh, Faver Dias, Ford, West, Meyers-Martin, Gabel, Williams, Ann, Moeller, Gill, Williams, Jawaharial, Gong-Gershowitz, Morgan, González, Edgar, Yang Rohr, Morris, Gordon-Booth, Welch, Moylan, Grasse
no (39) Niemerg, Haas, Halbrook, Hammond, Reick, Hauter, Bunting, Cabello, Sanalitro, Schmidt, Coffey, Schweizer, Severin, Jacobs, Sheehan, Davidsmeyer, Sosnowski, Davis, Jed, Spain, Keicher, Stephens, Deering, La Ha, Swanson, Tipsword, Ugaste, Elik, McCombie, Weaver, McLaughlin, Weber, Meier, Friess, Fritts, Wilhour, Miller, Moore, Windhorst, Grant
absent (1) Jones
excused (2) Rosenthal, Scherer
April 30, 2025House of RepresentativesDo PassPassed5-3
yes (5) Blair-Sherlock, Diane, Davis, Lisa, Crawford, Michael, Grasse, Nicolle, Ryan, Rick
no (3) Coffey Jr., Michael J, Rosenthal, Wayne A, Swanson, Dan
not voting (1) Faver Dias, Laura
April 4, 2025State SenateThird ReadingPassed33-17
yes (33) Simmons, Joyce, Faraci, Sims, Koehler, Feigenholtz, Stadelman, Fine, Arellano, L., Lightford, Loughran Cappel, Glowiak Hilton, Turner, D., Martwick, Guzmán, Castro, Ventura, Harris, N., Cervantes, Villa, Murphy, Villanueva, Peters, Collins, Villivalam, Cunningham, Porfirio, Holmes, Preston, Harmon, Johnson, Edly-Allen, Ellman
no (17) Anderson, Lewis, Syverson, Fowler, Balkema, Tracy, Bryant, Turner, S., McClure, Harriss, E., Chesney, Plummer, Walker, Wilcox, DeWitte, Rezin, Rose
not voting (9) Aquino, Belt, Halpin, Morrison, Hastings, Hills, Curran, Hunter, Jones, E.
March 19, 2025State SenateDo Pass, Amendment 1Passed9-0
yes (9) DeWitte, Donald P, Arellano Jr., Li, Joyce, Patrick J, Halpin, Michael W, Martwick, Robert F, Loughran Cappel, Meg, Stadelman, Steve, Turner, Sally J, Turner, Doris
not voting (1) Preston, Willie
March 5, 2025State SenateDo PassPassed10-0
yes (10) DeWitte, Donald P, Arellano Jr., Li, Joyce, Patrick J, Halpin, Michael W, Martwick, Robert F, Loughran Cappel, Meg, Stadelman, Steve, Preston, Willie, Turner, Sally J, Turner, Doris
Timeline 92
| Date | Chamber | Action |
|---|---|---|
| October 29, 2025 | Senate | Total Veto Stands |
| October 14, 2025 | Senate | Placed Calendar Total Veto October 15, 2025 |
| August 15, 2025 | Senate | Governor Vetoed |
| June 26, 2025 | Senate | Sent to the Governor |
| May 28, 2025 | Senate | Passed Both Houses |
| May 28, 2025 | House | Third Reading - Short Debate - Passed 073-039-000 |
| May 28, 2025 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| May 28, 2025 | House | Added Alternate Co-Sponsor Rep. Camille Y. Lilly |
| May 23, 2025 | House | Third Reading/Final Action Deadline Extended-9(b) May 31, 2025 |
| May 16, 2025 | House | Held on Calendar Order of Second Reading - Short Debate |
| May 16, 2025 | House | Second Reading - Short Debate |
| May 13, 2025 | House | Added Alternate Co-Sponsor Rep. Thaddeus Jones |
| May 13, 2025 | House | Added Alternate Co-Sponsor Rep. La Shawn K. Ford |
| May 13, 2025 | House | Added Alternate Co-Sponsor Rep. Elizabeth "Lisa" Hernandez |
| May 13, 2025 | House | Added Alternate Co-Sponsor Rep. Dave Vella |
| May 8, 2025 | House | Added Alternate Co-Sponsor Rep. Bob Morgan |
| May 8, 2025 | House | Added Alternate Co-Sponsor Rep. Joyce Mason |
| May 8, 2025 | House | Added Alternate Co-Sponsor Rep. Marcus C. Evans, Jr. |
| May 8, 2025 | House | Added Alternate Co-Sponsor Rep. Michelle Mussman |
| May 8, 2025 | House | Added Alternate Co-Sponsor Rep. Ann M. Williams |
| May 8, 2025 | House | Added Alternate Co-Sponsor Rep. Stephanie A. Kifowit |
| May 8, 2025 | House | Added Alternate Co-Sponsor Rep. Dagmara Avelar |
| May 8, 2025 | House | Added Alternate Co-Sponsor Rep. Gregg Johnson |
| May 8, 2025 | House | Added Alternate Co-Sponsor Rep. Anna Moeller |
| May 8, 2025 | House | Added Alternate Co-Sponsor Rep. Anne Stava |
| May 8, 2025 | House | Added Alternate Co-Sponsor Rep. William "Will" Davis |
| May 1, 2025 | House | Placed on Calendar 2nd Reading - Short Debate |
| May 1, 2025 | House | Added Alternate Chief Co-Sponsor Rep. Barbara Hernandez |
| May 1, 2025 | House | Added Alternate Chief Co-Sponsor Rep. Justin Slaughter |
| May 1, 2025 | House | Added Alternate Chief Co-Sponsor Rep. Diane Blair-Sherlock |
| May 1, 2025 | House | Added Alternate Co-Sponsor Rep. Debbie Meyers-Martin |
| May 1, 2025 | House | Added Alternate Co-Sponsor Rep. Katie Stuart |
| May 1, 2025 | House | Added Alternate Co-Sponsor Rep. Laura Faver Dias |
| May 1, 2025 | House | Added Alternate Co-Sponsor Rep. Suzanne M. Ness |
| May 1, 2025 | House | Added Alternate Co-Sponsor Rep. Maura Hirschauer |
| May 1, 2025 | House | Added Alternate Co-Sponsor Rep. Nicolle Grasse |
| May 1, 2025 | House | Added Alternate Co-Sponsor Rep. Michael Crawford |
| May 1, 2025 | House | Added Alternate Co-Sponsor Rep. Lisa Davis |
| May 1, 2025 | House | Added Alternate Co-Sponsor Rep. Martha Deuter |
| May 1, 2025 | House | Added Alternate Co-Sponsor Rep. Edgar González, Jr. |
| May 1, 2025 | House | Added Alternate Co-Sponsor Rep. Aarón M. Ortíz |
| May 1, 2025 | House | Added Alternate Co-Sponsor Rep. Yolonda Morris |
| May 1, 2025 | House | Added Alternate Co-Sponsor Rep. Tracy Katz Muhl |
| May 1, 2025 | House | Added Alternate Co-Sponsor Rep. Sharon Chung |
| May 1, 2025 | House | Added Alternate Co-Sponsor Rep. Kevin John Olickal |
| April 30, 2025 | House | Do Pass / Short Debate State Government Administration Committee; 005-003-000 |
| April 17, 2025 | House | Assigned to State Government Administration Committee |
| April 8, 2025 | Senate | Added as Co-Sponsor Sen. Napoleon Harris III |
| April 7, 2025 | House | Referred to Rules Committee |
| April 7, 2025 | House | First Reading |
| April 4, 2025 | House | Chief House Sponsor Rep. Rita Mayfield |
| April 4, 2025 | House | Arrived in House |
| April 4, 2025 | Senate | Added as Co-Sponsor Sen. Ram Villivalam |
| April 4, 2025 | Senate | Added as Co-Sponsor Sen. Lakesia Collins |
| April 4, 2025 | Senate | Added as Co-Sponsor Sen. Elgie R. Sims, Jr. |
| April 4, 2025 | Senate | Added as Co-Sponsor Sen. Rachel Ventura |
| April 4, 2025 | Senate | Added as Co-Sponsor Sen. Willie Preston |
| April 4, 2025 | Senate | Third Reading - Passed; 033-017-000 |
| April 3, 2025 | Senate | Placed on Calendar Order of 3rd Reading |
| April 3, 2025 | Senate | Senate Floor Amendment No. 1 Adopted; Johnson |
| April 3, 2025 | Senate | Recalled to Second Reading |
| March 21, 2025 | Senate | Added as Co-Sponsor Sen. Sara Feigenholtz |
| March 21, 2025 | Senate | Added as Co-Sponsor Sen. Javier L. Cervantes |
| March 19, 2025 | Senate | Senate Floor Amendment No. 1 Recommend Do Adopt State Government; 009-000-000 |
| March 19, 2025 | Senate | Added as Co-Sponsor Sen. Julie A. Morrison |
| March 19, 2025 | Senate | Senate Floor Amendment No. 1 Assignments Refers to State Government |
| March 19, 2025 | Senate | Added as Co-Sponsor Sen. Robert Peters |
| March 18, 2025 | Senate | Senate Floor Amendment No. 1 Referred to Assignments |
| March 18, 2025 | Senate | Senate Floor Amendment No. 1 Filed with Secretary by Sen. Adriane L. Johnson |
| March 18, 2025 | Senate | Placed on Calendar Order of 3rd Reading March 19, 2025 |
| March 18, 2025 | Senate | Second Reading |
| March 7, 2025 | Senate | Added as Co-Sponsor Sen. Li Arellano, Jr. |
| March 6, 2025 | Senate | Added as Co-Sponsor Sen. Laura M. Murphy |
| March 6, 2025 | Senate | Added as Co-Sponsor Sen. Kimberly A. Lightford |
| March 6, 2025 | Senate | Added as Co-Sponsor Sen. Linda Holmes |
| March 6, 2025 | Senate | Placed on Calendar Order of 2nd Reading March 18, 2025 |
| March 6, 2025 | Senate | Do Pass State Government; 010-000-000 |
| March 5, 2025 | Senate | Added as Co-Sponsor Sen. Mike Porfirio |
| March 5, 2025 | Senate | Added as Co-Sponsor Sen. Graciela Guzmán |
| March 5, 2025 | Senate | Added as Co-Sponsor Sen. Mike Simmons |
| March 5, 2025 | Senate | Added as Co-Sponsor Sen. Mattie Hunter |
| March 5, 2025 | Senate | Added as Co-Sponsor Sen. Celina Villanueva |
| March 5, 2025 | Senate | Added as Chief Co-Sponsor Sen. Christopher Belt |
| March 5, 2025 | Senate | Added as Chief Co-Sponsor Sen. Mary Edly-Allen |
| March 4, 2025 | Senate | Added as Co-Sponsor Sen. Paul Faraci |
| February 27, 2025 | Senate | Added as Chief Co-Sponsor Sen. Robert F. Martwick |
| February 26, 2025 | Senate | Added as Co-Sponsor Sen. Michael W. Halpin |
| February 20, 2025 | Senate | Postponed - State Government |
| February 4, 2025 | Senate | Assigned to State Government |
| January 22, 2025 | Senate | Referred to Assignments |
| January 22, 2025 | Senate | First Reading |
| January 22, 2025 | Senate | Filed with Secretary by Sen. Adriane L. Johnson |
Data: Open States (API v3; public data, attribution appreciated). Official record: ilga.gov. Bill pages link to the official text, not copied.