Illinois General Assembly - Bill Status for SB3786
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 Bill Status of SB3786  103rd General Assembly


Short Description:  STATE TREASURER-ABLE ACCOUNTS

Senate Sponsors
Sen. Laura Ellman - John Connor and Scott M. Bennett

House Sponsors
(Rep. Dagmara Avelar, Elizabeth Hernandez and Curtis J. Tarver, II)

Last Action
DateChamber Action
  5/27/2022SenatePublic Act . . . . . . . . . 102-1024

Statutes Amended In Order of Appearance
15 ILCS 505/16.6


Synopsis As Introduced
Amends the State Treasurer Act. In provisions concerning the ABLE account program, provides that a "designated representative" means a person or entity (currently, person only) who is authorized to act on behalf of a "designated beneficiary". Provides that a designated representative must provide certification, subject to penalties of perjury, of the basis for the person's authority to act as a designated representative and that there is no other person or entity with higher priority to establish the ABLE account. Removes provisions allowing the State Treasurer to recognize specified persons or entities as a designated representative without appointment by a court. Defines "Internal Revenue Code". Effective immediately.

Senate Committee Amendment No. 1
Provides that a person or entity (rather than a designated representative) seeking to open an ABLE account on behalf of a designated beneficiary must provide certification of the basis for the person's or entity's authority to act as a designated representative. Provides that the State Treasurer may require any certifications that he or she deems necessary to implement the ABLE program, including oaths or affirmations made under penalties of perjury.

Actions 
DateChamber Action
  1/21/2022SenateFiled with Secretary by Sen. Laura Ellman
  1/21/2022SenateFirst Reading
  1/21/2022SenateReferred to Assignments
  2/1/2022SenateAssigned to State Government
  2/1/2022SenateAdded as Chief Co-Sponsor Sen. John Connor
  2/7/2022SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Laura Ellman
  2/7/2022SenateSenate Committee Amendment No. 1 Referred to Assignments
  2/9/2022SenateSenate Committee Amendment No. 1 Assignments Refers to State Government
  2/9/2022SenateSenate Committee Amendment No. 1 Adopted
  2/10/2022SenateDo Pass as Amended State Government; 009-000-000
  2/10/2022SenatePlaced on Calendar Order of 2nd Reading February 15, 2022
  2/22/2022SenateSecond Reading
  2/22/2022SenatePlaced on Calendar Order of 3rd Reading February 23, 2022
  2/23/2022SenateAdded as Co-Sponsor Sen. Scott M. Bennett
  2/25/2022SenatePursuant to Rule 5-1(b) Consent is given to Senator Connor to present bill.
  2/25/2022SenateThird Reading - Passed; 053-000-000
  2/25/2022HouseArrived in House
  2/25/2022HouseChief House Sponsor Rep. Dagmara Avelar
  2/25/2022HouseFirst Reading
  2/25/2022HouseReferred to Rules Committee
  3/7/2022HouseAssigned to State Government Administration Committee
  3/16/2022HouseDo Pass / Short Debate State Government Administration Committee; 008-000-000
  3/17/2022HousePlaced on Calendar 2nd Reading - Short Debate
  3/21/2022HouseAdded Alternate Co-Sponsor Rep. Elizabeth Hernandez
  3/23/2022HouseSecond Reading - Short Debate
  3/23/2022HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/31/2022HouseThird Reading - Short Debate - Passed 106-004-000
  3/31/2022SenatePassed Both Houses
  4/1/2022HouseAdded Alternate Co-Sponsor Rep. Curtis J. Tarver, II
  4/29/2022SenateSent to the Governor
  5/27/2022SenateGovernor Approved
  5/27/2022SenateEffective Date May 27, 2022
  5/27/2022SenatePublic Act . . . . . . . . . 102-1024

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