Date	Chamber	Action
1/13/2021	Senate	Session Sine Die

Statutes Amended In Order of Appearance

New Act

760 ILCS 5/Act rep.

760 ILCS 35/Act rep.

760 ILCS 105/Act rep.

765 ILCS 305/Act rep.

765 ILCS 310/Act rep.

765 ILCS 315/Act rep.

30 ILCS 160/2

from Ch. 127, par. 4002

60 ILCS 1/135-20

205 ILCS 620/1-6

from Ch. 17, par. 1551-6

205 ILCS 620/6-10

from Ch. 17, par. 1556-10

205 ILCS 620/9-5

from Ch. 17, par. 1559-5

210 ILCS 135/3

from Ch. 91 1/2, par. 1703

215 ILCS 155/21.1

225 ILCS 45/4a

225 ILCS 45/5

from Ch. 111 1/2, par. 73.105

405 ILCS 5/3-605

from Ch. 91 1/2, par. 3-605

405 ILCS 5/3-819

from Ch. 91 1/2, par. 3-819

405 ILCS 5/5-105

from Ch. 91 1/2, par. 5-105

750 ILCS 5/513.5

755 ILCS 5/2-7

from Ch. 110 1/2, par. 2-7

755 ILCS 5/28-8

from Ch. 110 1/2, par. 28-8

755 ILCS 45/3-4

from Ch. 110 1/2, par. 803-4

760 ILCS 45/3

from Ch. 17, par. 2103

805 ILCS 110/46j

from Ch. 32, par. 185

815 ILCS 390/16

from Ch. 21, par. 216

Synopsis As Introduced
Creates the Illinois Trust Code. Provides that the Code applies to express trusts, charitable or noncharitable, and trusts created pursuant to a statute, judgment, or decree that requires the trust to be administered in the manner of an express trust. Defines terms. Adds provisions governing: judicial proceedings; representation; creation, validity, modification, and termination of trusts; creditor's claims; spendthrift and discretionary trusts; revocable trusts; the office of trustee; duties and powers of the trustee; the Illinois Prudent Investor Law; life insurance; affiliated investments; liability of trustees and rights of persons dealing with a trustee; total return trusts; trust decanting; the Uniform Powers of Appointment Law; perpetuities; and application of the Code to existing trusts. Repeals the Trusts and Trustees Act, the Trusts and Dissolutions of Marriage Act, the Uniform Powers of Appointment Act (added by Public Act 100-1044), the Statute Concerning Perpetuities, the Perpetuities Vesting Act, and the Trust Accumulation Act. Makes corresponding changes in the Public Use Trust Act, the Township Code, the Corporate Fiduciary Act, the Community-Integrated Living Arrangements Licensure and Certification Act, the Title Insurance Act, the Illinois Funeral or Burial Funds Act, the Mental Health and Developmental Disabilities Code, the Illinois Marriage and Dissolution of Marriage Act, the Probate Act of 1975, the Illinois Power of Attorney Act, the Common Trust Fund Act, the Religious Corporation Act, and the Illinois Pre-Need Cemetery Sales Act. Effective January 1, 2020.

Actions 

Date	Chamber	Action
1/31/2019	Senate	Filed with Secretary by Sen. John G. Mulroe
1/31/2019	Senate	First Reading
1/31/2019	Senate	Referred to Assignments
2/6/2019	Senate	Assigned to Judiciary
3/22/2019	Senate	Rule 3-9(a) / Re-referred to Assignments
6/21/2019	Senate	Chief Sponsor Changed to Sen. John J. Cullerton
1/20/2020	Senate	Chief Sponsor Changed to Sen. Don Harmon
2/25/2020	Senate	Chief Sponsor Changed to Sen. Rachelle Crowe
1/13/2021	Senate	Session Sine Die

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