Illinois General Assembly - Bill Status for HB2915
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 Bill Status of HB2915  93rd General Assembly


Short Description:  UNCLAIMED PROP-PROCEEDS

House Sponsors
Rep. Frank J. Mautino - Sidney H. Mathias

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
765 ILCS 1025/11from Ch. 141, par. 111
765 ILCS 1025/12from Ch. 141, par. 112
765 ILCS 1025/18from Ch. 141, par. 118
765 ILCS 1025/20from Ch. 141, par. 120


Synopsis As Introduced
Amends the Uniform Disposition of Unclaimed Property Act. Provides for confidentiality of information provided to the State Treasurer under the Act. Changes the notice requirements to owners. Provides that proceeds in excess of $2,500,000 from the sale of abandoned property shall be deposited into the State Pension Fund (instead of into a separate trust fund for the payment of claims). Requires any person or company charging a fee for discovering presumptively abandoned property to be a licensed private detective. Effective immediately.

Actions 
DateChamber Action
  2/21/2003HouseFiled with the Clerk by Rep. Frank J. Mautino
  2/21/2003HouseFirst Reading
  2/21/2003HouseReferred to Rules Committee
  2/26/2003HouseAssigned to Executive Committee
  3/6/2003HouseAdded Chief Co-Sponsor Rep. Sidney H. Mathias
  3/13/2003HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2005HouseSession Sine Die

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