Bill Status of SB1586  102nd General Assembly


Short Description:  RUUPA-AUTOMATED CLEARING HOUSE

Senate Sponsors
Sen. Robert F. Martwick - John Connor and Laura M. Murphy

Last Action
DateChamber Action
  2/26/2021SenateReferred to Assignments

Statutes Amended In Order of Appearance
765 ILCS 1026/15-210


Synopsis As Introduced
Amends the Revised Uniform Unclaimed Property Act. Provides that an apparent owner's interest in property includes a deposit into or withdrawal from an account at a financial organization, including (rather than except for) a recurring Automated Clearing House debit or credit previously authorized by the apparent owner, except for (rather than or) an automatic reinvestment of dividends or interest.

Actions 
DateChamber Action
  2/26/2021SenateFiled with Secretary by Sen. Robert F. Martwick
  2/26/2021SenateFirst Reading
  2/26/2021SenateReferred to Assignments
  3/16/2021SenateAdded as Co-Sponsor Sen. Laura M. Murphy
  3/17/2021SenateAdded as Chief Co-Sponsor Sen. John Connor