Illinois treasurer promises to pass nonprofit legislation vetoed by Pritzker

Published October 22, 2025 5:28pm ET



(The Center Square) – Illinois State Treasurer Michael Frerichs says he will keep pushing nonprofit investment legislation that was vetoed by Gov. JB Pritzker.

State Sen. Adriane Johnson (D-Buffalo Grove) sponsored Senate Bill 246, which would allow the treasurer’s office to set up an investment pool and electronic payment program for nonprofit organizations.

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