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Full Text of HB1557
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HB1557 - 104th General Assembly
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104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB1557
Introduced 1/28/2025, by Rep. Charles Meier
SYNOPSIS AS INTRODUCED:
30 ILCS 790/15
Amends the Charitable Trust Stabilization Act. Provides that, to
receive a grant under the Act, an organization must (i) have a staff or
board that is completely voluntary or has the equivalent of not more than
one full-time paid employee and (ii) adopt a policy of non-discrimination
on the basis of race, gender, sexual orientation, age, national origin,
disability, family status, or religion.
LRB104 03546 JRC 13569 b
A BILL FOR
HB1557
LRB104 03546 JRC 13569 b
1
AN ACT concerning finance.
2
Be it enacted by the People of the State of Illinois,
3
represented in the General Assembly:
4
Section 5.
The Charitable Trust Stabilization Act is
5
amended by changing Section 15 as follows:
6
(30 ILCS 790/15)
7
Sec. 15.
Grant eligibility.
To be eligible to receive a
8
grant under this Act, an organization must be a
9
community-based organization or other not-for-profit entity
10
that:
11
(1) is a not-for-profit corporation that is exempt
12
from federal income taxation under Section 501(c)(3) of
13
the federal Internal Revenue Code of 1986;
14
(2) is organized under the General Not for Profit
15
Corporation Act of 1986 for the purpose of providing
16
charitable services to the community;
and
17
(3) complies with the provisions of the Charitable
18
Trust Act
;
.
19
(4) has a staff or board that is completely voluntary
20
or has the equivalent of not more than one full-time paid
21
employee; and
22
(5) has adopted a policy of non-discrimination on the
23
basis of race, gender, sexual orientation, age, national
HB1557
- 2 -
LRB104 03546 JRC 13569 b
1
origin, disability, family status, or religion.
2
(Source: P.A. 95-655, eff. 6-1-08
.)
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