Illinois General Assembly - Bill Status for SB1621
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 Bill Status of SB1621  96th General Assembly


Short Description:  IL POD ACT-BENEFICIARIES

Senate Sponsors
Sen. Terry Link, Emil Jones, III and Martin A. Sandoval

House Sponsors
(Rep. Sidney H. Mathias)

Last Action
DateChamber Action
  1/12/2011SenateSession Sine Die

Statutes Amended In Order of Appearance
205 ILCS 625/3from Ch. 17, par. 2133
205 ILCS 625/4from Ch. 17, par. 2134


Synopsis As Introduced
Amends the Illinois Trust and Payable on Death Accounts Act. Provides that in order to take under the trust or payable on death account, a beneficiary that is not a natural person must be in lawful existence at the time of the death of the last surviving trustee. Effective immediately.

Actions 
DateChamber Action
  2/19/2009SenateFiled with Secretary by Sen. Terry Link
  2/19/2009SenateFirst Reading
  2/19/2009SenateReferred to Assignments
  2/25/2009SenateAssigned to Judiciary
  3/5/2009SenateDo Pass Judiciary; 009-000-000
  3/5/2009SenatePlaced on Calendar Order of 2nd Reading March 6, 2009
  3/24/2009SenateSecond Reading
  3/24/2009SenatePlaced on Calendar Order of 3rd Reading March 25, 2009
  4/1/2009SenateAdded as Co-Sponsor Sen. Emil Jones, III
  4/1/2009SenateAdded as Co-Sponsor Sen. Martin A. Sandoval
  4/1/2009SenateThird Reading - Passed; 056-000-000
  4/1/2009HouseArrived in House
  4/1/2009HousePlaced on Calendar Order of First Reading
  4/1/2009HouseChief House Sponsor Rep. Sidney H. Mathias
  4/1/2009HouseFirst Reading
  4/1/2009HouseReferred to Rules Committee
  4/14/2009HouseAssigned to Executive Committee
  5/8/2009HouseRule 19(a) / Re-referred to Rules Committee
  1/12/2011SenateSession Sine Die

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