Date	Chamber	Action
12/3/2014	House	Session Sine Die

Statutes Amended In Order of Appearance

225 ILCS 45/1

from Ch. 111 1/2, par. 73.101

225 ILCS 45/1a

from Ch. 111 1/2, par. 73.101a

225 ILCS 45/1c new

815 ILCS 390/4

from Ch. 21, par. 204

815 ILCS 390/15

from Ch. 21, par. 215

815 ILCS 390/15.5 new

815 ILCS 390/17

from Ch. 21, par. 217

Synopsis As Introduced
Amends the Illinois Funeral or Burial Funds Act and the Illinois Pre-Need Cemetery Sales Act. Provides that, before a seller and purchaser enter into a pre-need contract or pre-need sales contract, the seller must disclose and fully explain that the purchaser may fund the contract by choosing one of the following options: depositing the funds into a local banking institution; depositing the funds into a trust program; or other means offered by the seller. Provides that the purchaser shall then choose one of those options. Provides that sellers of pre-need sales contracts must be licensed by the Department of Financial and Professional Regulation. Makes other changes. Effective immediately.

Actions 

Date	Chamber	Action
1/13/2014	House	Filed with the Clerk by Rep. Dan Brady
1/13/2014	House	First Reading
1/13/2014	House	Referred to Rules Committee
12/3/2014	House	Session Sine Die

Back To Top