Suzanne Ness
- Democratic
- Representative
- District 66
Primary
Amends the State Treasurer Act. Provides that, subject to appropriation, the State Treasurer may make a matching contribution of $50 to an ABLE account opened on or after January 1, 2026 for a beneficiary who is a resident of Illinois. Provides that the matching contribution shall be limited to one contribution per beneficiary and shall not be treated differently from any other contributions to the account. Provides that if there are insufficient funds available, the State Treasurer may reduce the matching contribution amount or forgo contributions. Provides that the Illinois ABLE Matching Contribution Fund shall be the official repository of all contributions, appropriated funds, interest, and dividend payments, gifts, or other financial assets received by the State Treasurer in connection with matching contributions to ABLE accounts. Amends the State Finance Act. Creates the Illinois ABLE Matching Contribution Fund.
Rule 3-9(a) / Re-referred to Assignments
Rule 2-10 Committee Deadline Established As June 1, 2025
Rule 2-10 Committee Deadline Established As May 23, 2025
Added as Alternate Co-Sponsor Sen. Javier L. Cervantes
Assigned to Appropriations
Placed on Calendar Order of First Reading
Referred to Assignments
First Reading
Chief Senate Sponsor Sen. Laura Fine
Arrive in Senate
Third Reading - Short Debate - Passed 102-000-001
Added Co-Sponsor Rep. Maura Hirschauer
Added Co-Sponsor Rep. Maurice A. West, II
Added Co-Sponsor Rep. Amy Briel
Added Co-Sponsor Rep. Matt Hanson
Added Co-Sponsor Rep. Jawaharial Williams
Added Co-Sponsor Rep. Kimberly Du Buclet
Added Co-Sponsor Rep. Marcus C. Evans, Jr.
Added Co-Sponsor Rep. Jehan Gordon-Booth
Added Co-Sponsor Rep. Debbie Meyers-Martin
Added Co-Sponsor Rep. Emanuel "Chris" Welch
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
Added Co-Sponsor Rep. Janet Yang Rohr
Added Chief Co-Sponsor Rep. Wayne A. Rosenthal
Placed on Calendar 2nd Reading - Short Debate
Added Co-Sponsor Rep. Rick Ryan
Added Co-Sponsor Rep. Wayne A. Rosenthal
Removed Co-Sponsor Rep. Wayne A. Rosenthal
Added Co-Sponsor Rep. Nicolle Grasse
Added Co-Sponsor Rep. Lisa Davis
Added Co-Sponsor Rep. Laura Faver Dias
Added Chief Co-Sponsor Rep. Michael Crawford
Added Chief Co-Sponsor Rep. Diane Blair-Sherlock
Do Pass / Short Debate State Government Administration Committee; 009-000-000
Assigned to State Government Administration Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Suzanne M. Ness
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML PDF |
| Engrossed | HTML PDF |
| Document | Format |
|---|---|
| No related documents. |
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