Illinois Treasurer

Last updated
Treasurer of Illinois
Seal of Illinois.svg
Seal of Illinois
Frerichs June 30 2016.jpg
Incumbent
Mike Frerichs
since January 12, 2015
Term length Four years, no term limits
Inaugural holderJohn Thomas
FormationOctober 2, 1818 (1818-10-02)
Salary$135,669 (2016) [1]
Website illinoistreasurer.gov

The Treasurer of Illinois is an elected official of the U.S. state of Illinois. The office was created by the Constitution of Illinois.

Contents

Incumbent

The current Treasurer of Illinois is Democrat Mike Frerichs. He was first elected to head the State Treasury in 2014 in a close race with Republican Party candidate Tom Cross.

Duties of the Treasurer

The Treasurer is responsible, pursuant to Article V, Section 18 of the state constitution, for the safekeeping and investment of the monies and securities deposited in the public funds of Illinois. As such, the Treasurer is not the chief financial officer of Illinois. That post is reserved for a separate elected official, the Comptroller. [2] Rather, the Treasurer functions as the chief banking and investment officer of the state. [3]

The Illinois Constitution provides that the treasurer must, at the time of his or her election, be a United States citizen, at least 25 years old, and a resident of the state for at least 3 years preceding the election. [2]

The Treasurer is fifth (behind the Lieutenant Governor, Attorney General, Secretary of State, and Comptroller, respectively) in the line of succession to the office of Governor of Illinois. [4] [5]

The Treasurer's office operates a web page describing the office's powers and duties. [6]

List of office holders

#ImageNamePolitical PartyTerm
1John ThomasDemocratic-Republican1818–1819
2R. K. McLaughlinDemocratic-Republican1819–1823
3Abner FieldDemocratic-Republican1823–1827
4 James Hall, judge and writer.png James Hall Democratic1827–1831
5 John Dement 1887 engraving.jpg John Dement Democratic1831–1836
6Charles GregoryDemocratic1836–1837
7John D. WhitesideDemocratic1837–1841
8Milton CarpenterDemocratic1841–1848
9 John Moore Democratic1848–1857
10James MillerRepublican1857–1859
11 Abraham Lincoln and the battles of the Civil War (1887) (14759664831).jpg William ButlerRepublican1859–1863
12 Alexander Starne Democratic1863–1865
13James H. BeveridgeRepublican1865–1867
14George W. SmithRepublican1867–1869
15 Erastus Newton Bates.png Erastus N. Bates Republican1869–1873
16Edward RutzRepublican1873–1875
17 Thomas S. Ridgway Republican1875–1877
18Edward RutzRepublican1877–1879
19 Reception to the members of the Ninety-sixth Regiment, Illinois Infantry Volunteers (1893) (14762787595).jpg John C. Smith Republican1879–1881
20Edward RutzRepublican1881–1883
21 Reception to the members of the Ninety-sixth Regiment, Illinois Infantry Volunteers (1893) (14762787595).jpg John C. SmithRepublican1883–1885
22 Jacob Gross Republican1885–1887
23 John.R.Tanner.c1890.png John Riley Tanner Republican1887–1889
24 Charles Becker Republican1889–1891
25Edward S. WilsonDemocratic1891–1893
26Rufus N. RamsayDemocratic1893–1894
27Elijah P. RamsayDemocratic1894–1895
28 Henry Wulff Portrait.png Henry Wulff Republican1895–1897
29 Henry Hertz Portrait.png Henry L. Hertz Republican1897–1899
30 Floyd K. Whittlemore Republican1899–1901
31 Moses O. Williamson.png Moses O. Williamson Republican1901–1903
32 Busse2 (1).jpg Fred A. Busse Republican1903–1905
33 Lensmall.jpg Len Small Republican1905–1907
34 John Francis Smulski (1867-1928).png John F. Smulski Republican1907–1909
35 History of Illinois Republicanism, embracing a history of the Republican party in the state to the present time with biographies of its founders and supporters also a chronological statement of (14581360428).jpg Andrew Russel Republican1909–1911
36Edward E. MitchellRepublican1911–1913
37William Ryan Jr.Democratic1913–1915
38 History of Illinois Republicanism, embracing a history of the Republican party in the state to the present time with biographies of its founders and supporters also a chronological statement of (14581360428).jpg Andrew RusselRepublican1915–1917
39 Lensmall.jpg Len SmallRepublican1917–1919
40 Fred E. Sterling - 3409861149 (3x4).jpg Fred E. Sterling Republican1919–1921
41 Edward Edwin Miller.png Edward E. Miller Republican1921–1923
42 Oscar Nelson (1874-1951).png Oscar Nelson Republican1923–1925
43 Omer N. Custer (1925-1926).jpg Omer N. Custer Republican1925–1927
44 Garrett D. Kinney Republican1927–1929
45 Omer N. Custer (1925-1926).jpg Omer N. CusterRepublican1929–1931
46 Edward J. Barrett Democratic1931–1933
47 JohnCMartin.jpg John C. Martin Democratic1933–1935
48 John H. Stelle (IL).png John Henry Stelle Democratic1935–1937
49 JohnCMartin.jpg John C. MartinDemocratic1937–1939
50 Louie E. Lewis Democratic1939–1941
51 Warren Wright Republican1941–1943
52 William Stratton (1).jpg William G. Stratton Republican1943–1945
53 Conrad F. Becker Republican1945–1947
54 Richard Yates Rowe Republican1947–1949
55 Ora Smith Democratic1949–1951
56 William Stratton (1).jpg William G. StrattonRepublican1951–1953
57 Elmer J Hoffman.jpg Elmer J. Hoffman Republican1953–1955
58 Warren Wright Republican1955–1957
59 Elmer J Hoffman.jpg Elmer J. Hoffman Republican1957–1959
60 Joseph D. Lohman Democratic1959–1961
61 Francis S. Lorenz Democratic1961–1963
62 William J. Scott (Illinois politician) (3x4).png William J. Scott Republican1963–1967
63 Adlai III as Illinois Treasurer.jpg Adlai Stevenson III Democratic1967–1970
64 Charles W. Woodford (1).jpg Charles W. Woodford Democratic1970–1971
65 Alan Dixon (3x4a).jpg Alan J. Dixon Democratic1971–1977
66 Donald R. Smith Republican1977–1979
67 Jerome Cosentino Democratic1979–1983
68 James Donnewald Democratic1983–1987
69 Jerome Cosentino Democratic1987–1991
70 PatQuinnin2006 (a).jpg Pat Quinn Democratic1991–1995
71 Judy Baar Topinka, State Treasurer (01) (1).jpg Judy Baar Topinka Republican1995–2007
72 Alexi Giannoulias (cropped).jpg Alexi Giannoulias Democratic2007–2011
73 Dan Rutherford Republican2011–2015
74 Frerichs June 30 2016.jpg Mike Frerichs Democratic2015–present

[7] [8] [9]

Proposals to merge with Comptroller

Some observers have perceived an overlap between the offices of Treasurer of Illinois and Comptroller of Illinois, and have therefore proposed constitutional amendments to merge the two offices and earn administrative savings. For example, HJRCA 14, considered by the Illinois General Assembly in 2007-2008, would have merged the two offices into the office of a single State Fiscal Officer. [10]

In 2011, the incumbent Treasurer along with the Comptroller (also former Treasurer) Judy Baar Topinka introduced legislation to allow voters to decide whether the offices should be merged. [11] The legislation was opposed by Michael Madigan, Speaker of the Illinois House of Representatives. [12]

Related Research Articles

<span class="mw-page-title-main">Governor of South Carolina</span> Head of state and of government of the U.S. state of South Carolina

The governor of South Carolina is the head of government of South Carolina. The governor is the ex officio commander-in-chief of the National Guard when not called into federal service. The governor's responsibilities include making yearly "State of the State" addresses to the South Carolina General Assembly, submitting an executive budget, and ensuring that state laws are enforced.

<span class="mw-page-title-main">Illinois Attorney General</span> Attorney General for the U.S. state of Illinois

The Illinois attorney general is the highest legal officer of the state of Illinois in the United States. Originally an appointed office, it is now an office filled by statewide election. Based in Chicago and Springfield, the attorney general is responsible for providing legal counsel for the various state agencies including the governor of Illinois and Illinois General Assembly, as well as conducting all legal affairs pertaining to the state.

<span class="mw-page-title-main">Government of Maryland</span> State government of the United States

The government of Maryland is conducted according to the Maryland Constitution. The United States is a federation; consequently, the government of Maryland, like the other 49 state governments, has exclusive authority over matters that lie entirely within the state's borders, except as limited by the Constitution of the United States.

<span class="mw-page-title-main">2006 Illinois elections</span>

The 2006 Illinois elections were held on November 7, 2006. On that date, registered voters in the State of Illinois elected officeholders for U.S. Congress, to six statewide offices, as well as to the Illinois Senate and Illinois House.

<span class="mw-page-title-main">Tennessee Secretary of State</span>

The Tennessee Secretary of State is an office created by the Tennessee State Constitution. The Secretary of State is responsible for many of the administrative aspects of the operation of the state government of Tennessee. The current Secretary of State is Tre Hargett.

The president of the Illinois Senate is the presiding officer of the Illinois Senate, the upper house of the Illinois General Assembly. The post dates from the General Assembly's 32nd session, in 1881.

The government of Virginia combines the executive, legislative and judicial branches of authority in the Commonwealth of Virginia. The current governor of Virginia is Glenn Youngkin. The State Capitol building in Richmond was designed by Thomas Jefferson, and the cornerstone was laid by Governor Patrick Henry in 1785. Virginia currently functions under the 1971 Constitution of Virginia. It is Virginia's seventh constitution. Under the Constitution, the government is composed of three branches: the legislative, the executive and the judicial.

<span class="mw-page-title-main">Government of Tennessee</span>

The Government of Tennessee is organized under the provisions of the 1870 Constitution of Tennessee, first adopted in 1796. As set forth by the state constitution, administrative influence in Tennessee is divided among three branches of government: executive, legislative, and judicial.

<span class="mw-page-title-main">Illinois Comptroller</span> U.S. state constitutional officer position

The Comptroller of Illinois is a constitutional officer in the executive branch of government of the U.S. state of Illinois. Ten individuals have held the office of Comptroller since the enactment of the Illinois Constitution of 1970, replacing the prior office of Auditor of Public Accounts that was first created in 1799. The incumbent is Susana Mendoza, a Democrat.

<span class="mw-page-title-main">Lieutenant governor (United States)</span> State government official, typically second highest officer after the governor

A lieutenant governor is an official in state governments of 45 out of 50 of the United States. In most cases, the lieutenant governor is the highest officer of state after the governor, standing in for that officer when they are absent from the state or temporarily incapacitated. In the event a governor dies, resigns or is removed from office, the lieutenant governor typically becomes governor.

<span class="mw-page-title-main">2010 Illinois elections</span>

Elections were held in Illinois on Tuesday, November 2, 2010. Primary elections were held on February 2, 2010.

<span class="mw-page-title-main">2014 Illinois elections</span>

A general election was held in the U.S. state of Illinois on November 4, 2014. All of Illinois' executive officers were up for election as well as a United States Senate seat, and all of Illinois' eighteen seats in the United States House of Representatives. Primary elections were held on March 18, 2014.

In the United States, each state and territory has constitutional officers who lead the state governments of the United States. These officers may be elected or appointed, depending on the position. The number and powers of state constitutional officers varies from state to state, based on the constitution and statutes of each state. State constitutional officers may reside in the executive or legislative branch, while state constitutions also establish the judicial system of the state, including state supreme courts.

<span class="mw-page-title-main">2002 Illinois elections</span>

Elections were held in Illinois on Tuesday, November 5, 2002. Primary elections were held on March 19, 2002.

<span class="mw-page-title-main">1998 Illinois elections</span>

Elections were held in Illinois on Tuesday, November 3, 1998. Primary elections were held on March 17, 1998.

<span class="mw-page-title-main">1994 Illinois elections</span>

Elections were held in Illinois on Tuesday, November 8, 1994. Primaries were held on March 15, 1994.

<span class="mw-page-title-main">1990 Illinois elections</span>

Elections were held in Illinois on Tuesday, November 6, 1990. Primaries were held on March 20, 1990.

<span class="mw-page-title-main">1978 Illinois elections</span>

Elections were held in Illinois on Tuesday, November 7, 1978.

<span class="mw-page-title-main">2022 Illinois elections</span>

A general election was held in the U.S. state of Illinois on November 8, 2022. The elections for United States Senate and United States House of Representatives, Governor, statewide constitutional officers, Illinois Senate, and Illinois House were held on this date.

<span class="mw-page-title-main">1998 Florida Amendment 8</span> Amendment to the Florida constitution

Florida Amendment 8 is an amendment to the Florida state constitution that was passed on November 3, 1998. This amendment, which had first been put forth by the Florida Constitutional Revision Commission, amended articles 2, 3, 4, 8, 9, 11, and 13 of Florida's state constitution in an attempt to restructure the cabinet.

References

  1. ↑ "SELECTED STATE ADMINISTRATIVE OFFICIALS: ANNUAL SALARIES" (PDF). The Council of State Governments. April 11, 2016. Archived from the original (PDF) on 2016-10-13. Retrieved March 24, 2017.
  2. 1 2 Section 18, Article V, "Constitution of Illinois", accessed April 12, 2008.
  3. ↑ "State Treasurer Act". Illinois General Assembly . Retrieved February 15, 2020.
  4. ↑ "Constitution of the State of Illinois". Illinois General Assembly . Archived from the original on 2021-10-22. Retrieved August 22, 2019.
  5. ↑ "Illinois Compiled Statutes 15 ILCS 5 — Governor Succession Act". Illinois General Assembly . Retrieved August 23, 2019.
  6. ↑ "Dan Rutherford - Illinois State Treasurer", accessed January 25, 2011.Illinois State Treasurer web page Archived 2013-10-05 at the Wayback Machine
  7. ↑ Illinois Blue Book. Springfield: Secretary of State. 1908. p. 158. Retrieved 13 August 2018.
  8. ↑ Woods, Harry (1914). Illinois Blue Book. Danville: Secretary of State. p. 141. Retrieved 13 August 2018.
  9. ↑ O'Connor, John (11 December 2014). "Governors have filled 16 vacancies since 1848". The State Journal-Register. Associated Press. Archived from the original on 2021-10-22. Retrieved 13 August 2018.
  10. ↑ "House Joint Resolution - Constitutional Amendment 14", accessed April 12, 2008.
  11. ↑ McQUEARY, KRISTEN (December 31, 2011). "Move to Allow Vote to Merge Treasurer and Comptroller Jobs Stalls in House". The New York Times. Archived from the original on 2021-10-22. Retrieved 11 January 2012.
  12. ↑ WETTERICH, CHRIS (8 June 2011). "Madigan blocking merger of treasurer, comptroller's offices". THE STATE JOURNAL-REGISTER. Archived from the original on 2021-10-22. Retrieved 11 January 2012.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.