SB3211 Summary

• Amends Section 16.5 of the State Treasurer Act concerning the College Savings Pool by making a technical correction to remove a duplicate word "The" in the opening sentence.

• Makes no substantive changes to the College Savings Pool's operation, investment authorities, contribution limits, qualified expense requirements, or tax treatment provisions.

• Maintains all existing provisions regarding participant eligibility, investment management by the State Treasurer, coordination with the Illinois Student Assistance Commission, and creditor protections.