Illinois General Assembly - Bill Status for HB5823
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 Bill Status of HB5823  98th General Assembly


House Sponsors
Rep. Josh Harms

Last Action
DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
765 ILCS 1025/2from Ch. 141, par. 102
765 ILCS 1025/2afrom Ch. 141, par. 102a

Synopsis As Introduced
Amends the Uniform Disposition of Unclaimed Property Act. Provides that certain property is presumed abandoned after 8 (instead of 5) years. Provides that property is not presumed abandoned if the owner of the property was the recipient of a federal taxable interest statement that was not returned to the sender, a dividend check that was cashed, or any automatic transactions, including dividend investments.

DateChamber Action
  2/14/2014HouseFiled with the Clerk by Rep. Josh Harms
  2/14/2014HouseFirst Reading
  2/14/2014HouseReferred to Rules Committee
  3/3/2014HouseAssigned to State Government Administration Committee
  3/28/2014HouseRule 19(a) / Re-referred to Rules Committee
  12/3/2014HouseSession Sine Die

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