Bill Status of SB1387  101st General Assembly

Short Description:  STATE TREASURER-ABLE ACCOUNT

Senate Sponsors
Sen. Julie A. Morrison - Toi W. Hutchinson, Scott M. Bennett, Jennifer Bertino-Tarrant, Elgie R. Sims, Jr. and Laura M. Murphy

House Sponsors
(Rep. Kelly M. Burke - Dave Severin - Bob Morgan - Debbie Meyers-Martin - Frances Ann Hurley, Michelle Mussman, Mary Edly-Allen, Mike Murphy and Luis Arroyo)

Last Action
DateChamber Action
  8/9/2019SenatePublic Act . . . . . . . . . 101-0329

Statutes Amended In Order of Appearance
15 ILCS 505/16.6
755 ILCS 5/11-13from Ch. 110 1/2, par. 11-13
755 ILCS 5/11a-17from Ch. 110 1/2, par. 11a-17
755 ILCS 5/11a-18from Ch. 110 1/2, par. 11a-18


Synopsis As Introduced
Amends the State Treasurer Act. Modifies and reorganizes provisions concerning the ABLE account program. Provides that a designated representative under the program includes, among other persons, the account owner's guardian of the person or any other State-appointed guardian. Provides that the State Treasurer may enter into agreements with other states to either allow Illinois residents to participate in a plan operated by another state or to allow residents of other states to participate in the Illinois ABLE plan. Modifies terms under the Act. Amends the Probate Act of 1975. Modifies provisions concerning duties of a guardian of a minor, duties of a personal guardian, and duties of an estate guardian to allow a specified guardian to, without an order of court, open, maintain, and transfer funds to an ABLE account on behalf of the ward and the ward's dependent children as specified under the ABLE account program. Makes conforming and other changes. Effective immediately.

Actions 
DateChamber Action
  2/13/2019SenateFiled with Secretary by Sen. Julie A. Morrison
  2/13/2019SenateFirst Reading
  2/13/2019SenateReferred to Assignments
  2/20/2019SenateAssigned to Financial Institutions
  3/5/2019SenateAdded as Co-Sponsor Sen. Scott M. Bennett
  3/6/2019SenateAdded as Co-Sponsor Sen. Jennifer Bertino-Tarrant
  3/6/2019SenateDo Pass Financial Institutions; 008-000-000
  3/6/2019SenatePlaced on Calendar Order of 2nd Reading
  3/6/2019SenateSecond Reading
  3/6/2019SenatePlaced on Calendar Order of 3rd Reading March 7, 2019
  3/7/2019SenateAdded as Co-Sponsor Sen. Elgie R. Sims, Jr.
  3/7/2019SenateThird Reading - Passed; 056-000-000
  3/7/2019SenateAdded as Co-Sponsor Sen. Laura M. Murphy
  3/7/2019HouseArrived in House
  3/7/2019HouseChief House Sponsor Rep. Daniel Didech
  3/7/2019HouseFirst Reading
  3/7/2019HouseReferred to Rules Committee
  3/12/2019SenateAdded as Chief Co-Sponsor Sen. Toi W. Hutchinson
  4/9/2019HouseAssigned to State Government Administration Committee
  4/30/2019HouseAlternate Chief Sponsor Changed to Rep. Kelly M. Burke
  5/1/2019HouseDo Pass / Short Debate State Government Administration Committee; 010-000-000
  5/2/2019HousePlaced on Calendar 2nd Reading - Short Debate
  5/9/2019HouseAdded Alternate Chief Co-Sponsor Rep. Dave Severin
  5/9/2019HouseAdded Alternate Chief Co-Sponsor Rep. Bob Morgan
  5/9/2019HouseAdded Alternate Chief Co-Sponsor Rep. Debbie Meyers-Martin
  5/9/2019HouseAdded Alternate Co-Sponsor Rep. Michelle Mussman
  5/9/2019HouseAdded Alternate Co-Sponsor Rep. Mary Edly-Allen
  5/14/2019HouseAdded Alternate Chief Co-Sponsor Rep. Frances Ann Hurley
  5/14/2019HouseAdded Alternate Co-Sponsor Rep. Mike Murphy
  5/14/2019HouseAdded Alternate Co-Sponsor Rep. Luis Arroyo
  5/14/2019HouseSecond Reading - Short Debate
  5/14/2019HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/24/2019HouseFinal Action Deadline Extended-9(b) May 31, 2019
  5/26/2019HouseThird Reading - Short Debate - Passed 109-000-000
  5/26/2019SenatePassed Both Houses
  6/24/2019SenateSent to the Governor
  8/9/2019SenateGovernor Approved
  8/9/2019SenateEffective Date August 9, 2019
  8/9/2019SenatePublic Act . . . . . . . . . 101-0329