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 Bill Status of HB3485  100th General Assembly


Short Description:  FUNERAL PRE-NEED CONTRACTS

House Sponsors
Rep. Dan Brady

Last Action
DateChamber Action
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
225 ILCS 45/4a


Synopsis As Introduced
Amends the Illinois Funeral or Burial Funds Act. Provides that, in the event a trust is used to fund a pre-need contract, the trustee of the trust shall issue a statement regarding the trust's performance to the beneficiary each month. Provides that the statement shall include the rate of interest, interest earned, net and liquid value, original principal investment, and any fees assessed by the banking or investment institution where the trust is held.

Actions 
DateChamber Action
  2/10/2017HouseFiled with the Clerk by Rep. Daniel V. Beiser
  2/10/2017HouseFirst Reading
  2/10/2017HouseReferred to Rules Committee
  2/10/2017HouseChief Sponsor Changed to Rep. Dan Brady
  2/22/2017HouseAssigned to Executive Committee
  3/7/2017HouseRe-assigned to Business & Occupational Licenses Committee
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee

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