2019

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Illinois State Treasurer Frerichs Urges Swift Passage of Federal SAFE Banking Act

SPRINGFIELD — Illinois State Treasurer Michael Frerichs today urged swift passage of federal legislation that will bring safety, certainty and security to the financial institutions that support the industry. The U.S. House of Representatives this week passed the Safe Banking Act 321-103 with strong bipartisan support. The legislation would allow financial institutions such as banks and credit unions to legally provide financial services to legal cannabis businesses. The legislation now goes to the Republican-led Senate for approval. Such legislation was first introduced in 2013. Frerichs has urged Congress and President…

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Treasurer Frerichs’ Charitable Trust Program Commits $25,000 for Program to Provide Inmates with Employment & Training Opportunities

PEORIA — Illinois State Treasurer Michael Frerichs today attended a graduation ceremony at the Peoria County Jail for inmates completing the Jobs Partnership Re-entry program. Jobs Partnership Peoria is a former recipient of a $25,000 grant through the Charitable Trust Stabilization Program. “Today I was proud to see first-hand the impact this grant award has had on people who want to learn new skills, gain employment, and set a new life path,” Frerichs said. “Jobs Partnership Peoria is a vital asset to the Peoria-area community and it’s fulfilling to see…

Read MoreTreasurer Frerichs’ Charitable Trust Program Commits $25,000 for Program to Provide Inmates with Employment & Training Opportunities
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State Fair Live Auction Earns $173,684

SPRINGFIELD — Bidders from across the country spent more than $173,684 at this past weekend’s live auction at the Illinois State Fair, Illinois State Treasurer Michael Frerichs said today. This was the fourth consecutive year for the live auction at the Illinois State Fair. Noteworthy items at this year’s auction included a Credit Suisse 5 oz .999 fine gold bar ($7,500), an 1854 Indian Princess three- dollar gold coin ($1,150); a 1984 Chicago Cubs baseball signed by Ryne Sandberg ($700); an 1893 World’s Columbian Exposition Ticket ($250); a Joe DiMaggio…

Read MoreState Fair Live Auction Earns $173,684
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2019 Cream of the Crop Photo Winners Announced

SPRINGFIELD — Illinois State Treasurer Michael Frerichs today announced the winners of the 2019 Cream of the Crop Photo Contest. The annual contest encourages young photographers to share their vision of agriculture in our state. “Each year, this photography contest highlights the beauty of Illinois agriculture and the talent of children throughout this state,” Frerichs said. “Thank you to everyone who participated in the contest. It was fun to get a glimpse of local farms, animals, and the beautiful landscape of the place we call home.” The winning entries will…

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Treasurer Frerichs Announces Live Unclaimed Property Auction at the Illinois State Fair

SPRINGFIELD — An 1854 Indian Princess three-dollar gold coin, a 1984 Chicago Cubs baseball signed by Ryne Sandberg, an 1893 World’s Columbian Exposition Ticket, and rare coins and jewelry are among thousands of unclaimed property items worth over $150,000 to be auctioned live on August 17 on the Lincoln Stage at the Illinois State Fair in Springfield. “We are excited to bring the unclaimed property auction back to the Illinois State Fair to give the public another opportunity to bid on rare, valuable items,” Frerichs said. “To get a sneak…

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