Illinois General Assembly - Bill Status for SB0265
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 Bill Status of SB0265  93rd General Assembly


Senate Sponsors
Sen. Miguel del Valle - Barack Obama

House Sponsors
(Rep. Edward J. Acevedo - Patricia Bailey)

Last Action
DateChamber Action
  8/12/2003SenatePublic Act . . . . . . . . . 93-0520

Statutes Amended In Order of Appearance
720 ILCS 5/16-1from Ch. 38, par. 16-1
720 ILCS 5/29B-1from Ch. 38, par. 29B-1

Synopsis As Introduced
Amends the Criminal Code of 1961. Provides that theft of property in excess of $500,000 is a Class X felony (rather than a Class 1 felony). In the money laundering statute, provides that any property expressly or impliedly represented to be property constituting or derived from proceeds obtained, directly or indirectly, pursuant to a violation of the Criminal Code of 1961, the Illinois Controlled Substances Act, or the Cannabis Control Act is criminally derived property. Provides that laundering criminally derived property in excess of $500,000 is a Class X felony (rather than a Class 1 felony). Effective immediately.

Senate Floor Amendment No. 1
Provides that the theft of property exceeding $500,000 in value and the laundering of criminally derived property of a value exceeding $500,000 is a Class 1 non-probationable felony (rather than a Class X felony). In the provisions concerning money laundering, deletes from the new definition of "criminally derived property" "expressly or impliedly".

DateChamber Action
  2/5/2003SenateFiled with Secretary by Sen. Miguel del Valle
  2/5/2003SenateFirst Reading
  2/5/2003SenateReferred to Rules
  2/6/2003SenateAssigned to Judiciary
  2/19/2003SenateDo Pass Judiciary; 010-000-000
  2/19/2003SenatePlaced on Calendar Order of 2nd Reading February 26, 2003
  2/28/2003SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Miguel del Valle
  2/28/2003SenateSenate Floor Amendment No. 1 Referred to Rules
  3/18/2003SenateSenate Floor Amendment No. 1 Rules Refers to Judiciary
  3/19/2003SenateSenate Floor Amendment No. 1 Postponed - Judiciary
  3/25/2003SenateSenate Floor Amendment No. 1 Be Approved for Consideration Judiciary; 010-000-000
  3/25/2003SenateSecond Reading
  3/25/2003SenateSenate Floor Amendment No. 1 Adopted; del Valle
  3/25/2003SenatePlaced on Calendar Order of 3rd Reading March 26, 2003
  3/26/2003SenateAdded as Chief Co-Sponsor Sen. Barack Obama
  3/26/2003SenateThird Reading - Passed; 058-000-000
  3/26/2003HouseArrived in House
  3/26/2003HousePlaced on Calendar Order of First Reading
  3/26/2003HouseChief House Sponsor Rep. Edward J. Acevedo
  3/26/2003HouseFirst Reading
  3/26/2003HouseReferred to Rules Committee
  3/31/2003HouseAssigned to Judiciary II - Criminal Law Committee
  4/10/2003HouseDo Pass / Short Debate Judiciary II - Criminal Law Committee; 011-000-000
  4/10/2003HousePlaced on Calendar 2nd Reading - Short Debate
  4/10/2003HouseAdded Alternate Chief Co-Sponsor Rep. Patricia Bailey
  5/1/2003HouseSecond Reading - Short Debate
  5/1/2003HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/8/2003HouseThird Reading - Short Debate - Passed 118-000-000
  5/8/2003SenatePassed Both Houses
  6/6/2003SenateSent to the Governor
  8/12/2003SenateFiled Without Signature
  8/12/2003SenateEffective Date August 6, 2003; Presented to the Governor on 6-6-03.
  8/12/2003SenatePublic Act . . . . . . . . . 93-0520

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