Illinois General Assembly - Bill Status for HB5145

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Bill Status of HB5145 96th General Assembly

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Short Description: COUNTIES CD-COUNTY ESCROW FUND

House Sponsors
Rep. Michael G. Connelly

Last Action

Date	Chamber	Action
1/11/2011	House	Session Sine Die

Statutes Amended In Order of Appearance

55 ILCS 5/3-10005.6 new

735 ILCS 5/12-1007 new

Synopsis As Introduced
Amends the Counties Code. Provides that a county treasurer may, after receiving approval from the county board, establish an escrow fund for the safekeeping of moneys paid to the treasurer on behalf of property taxpayers. Protects money in these funds from judgment, attachment, execution, and seizure for the satisfaction of debts. Authorizes county treasurers to establish terms and conditions relating to these funds. Requires interest earned on these funds to be paid to the county treasury to offset administrative costs. Amends the Code of Civil Procedure to exempt qualified moneys in these funds from judgment, attachment, execution, and seizure for the satisfaction of debts. Effective immediately.

Actions

Date	Chamber	Action
1/28/2010	House	Filed with the Clerk by Rep. Michael G. Connelly
1/29/2010	House	First Reading
1/29/2010	House	Referred to Rules Committee
2/8/2010	House	Assigned to Counties & Townships Committee
3/15/2010	House	Rule 19(a) / Re-referred to Rules Committee
1/11/2011	House	Session Sine Die

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