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<xml>
<title>Illinois General Assembly - Bill Status for SB 1621   </title>
<shortdesc>IL POD ACT-BENEFICIARIES</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Terry Link, Emil Jones, III and Martin A. Sandoval</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Sidney H. Mathias)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 625/3</reference><aliasreference>from Ch. 17, par. 2133</aliasreference><reference>205 ILCS 625/4</reference><aliasreference>from Ch. 17, par. 2134</aliasreference><SynopsisText>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.</SynopsisText></synopsis>
<actions>
<statusdate>2/19/2009</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Terry Link</action>
<statusdate>2/19/2009</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/19/2009</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/25/2009</statusdate><chamber>Senate</chamber><action>Assigned to Judiciary</action>
<statusdate>3/5/2009</statusdate><chamber>Senate</chamber><action>Do Pass Judiciary;  009-000-000</action>
<statusdate>3/5/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 6, 2009</action>
<statusdate>3/24/2009</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/24/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 25, 2009</action>
<statusdate>4/1/2009</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Emil Jones, III</action>
<statusdate>4/1/2009</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Martin A. Sandoval</action>
<statusdate>4/1/2009</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 056-000-000</action>
<statusdate>4/1/2009</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/1/2009</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>4/1/2009</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Sidney H. Mathias</action>
<statusdate>4/1/2009</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/1/2009</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/14/2009</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>5/8/2009</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

