Illinois General Assembly - Bill Status for HB5810
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 Bill Status of HB5810  100th General Assembly

Short Description:  FUNERAL PRE-NEED CONTRACTS

House Sponsors
Rep. Dan Brady

Last Action
DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
225 ILCS 45/1a-1


Synopsis As Introduced
Amends the Illinois Funeral or Burial Funds Act. Provides that, at the time of payment, a provider shall inform the purchaser of all the possible funding arrangements for a pre-need contract, including the distinctions between the financial results of funding the contract through a trust fund, Totten trust, annuity, or life insurance policy. Further provides that, at the time of payment, a provider shall make the purchaser aware of who the pre-need contract designates as the beneficiary.

Actions 
DateChamber Action
  2/14/2014HouseFiled with the Clerk by Rep. Dan Brady
  2/14/2014HouseFirst Reading
  2/14/2014HouseReferred to Rules Committee
  12/3/2014HouseSession Sine Die

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