Full Text of SB0338 102nd General Assembly
SB0338eng 102ND GENERAL ASSEMBLY |
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| 1 | | AN ACT concerning civil law.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The State Treasurer Act is amended by changing | 5 | | Sections 0.02 and 0.03 as follows:
| 6 | | (15 ILCS 505/0.02)
| 7 | | Sec. 0.02. Transfer of powers. The rights, powers, duties, | 8 | | and functions vested in the Department of
Financial | 9 | | Institutions to administer the Uniform Disposition of | 10 | | Unclaimed
Property Act (superseded by the Revised Uniform | 11 | | Unclaimed Property Act) are transferred to the State Treasurer | 12 | | on July 1, 1999 ; provided,
however, that the rights, powers, | 13 | | duties, and functions
involving the examination of the records | 14 | | of any person that the State Treasurer
has reason to believe | 15 | | has failed to report properly under this Act shall be
| 16 | | transferred to the Office of Banks and Real Estate if the | 17 | | person is
regulated by the Office of Banks and Real Estate | 18 | | under the Illinois Banking
Act, the Corporate Fiduciary Act, | 19 | | the Foreign Banking Office Act, the Illinois
Savings and Loan | 20 | | Act of 1985, or the Savings Bank Act
and shall be retained by | 21 | | the Department of Financial Institutions if the
person is | 22 | | doing business in the State under the supervision of the | 23 | | Department
of Financial Institutions, the National Credit |
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| 1 | | Union Administration,
the Office of Thrift Supervision, or the | 2 | | Comptroller of the Currency .
| 3 | | (Source: P.A. 100-22, eff. 1-1-18 .)
| 4 | | (15 ILCS 505/0.03)
| 5 | | Sec. 0.03. Transfer of personnel.
| 6 | | (a) Except as provided in subsection (b), personnel | 7 | | employed by the
Department of Financial Institutions on June | 8 | | 30, 1999 to perform duties
pertaining to the administration of | 9 | | the Uniform Disposition of Unclaimed
Property
Act (superseded | 10 | | by the Revised Uniform Unclaimed Property Act) are transferred | 11 | | to the State Treasurer on July 1, 1999.
| 12 | | (b) In the case of a person employed by the Department of | 13 | | Financial
Institutions to perform both duties pertaining to | 14 | | the administration of the Uniform Disposition of Unclaimed | 15 | | Property Act (superseded by the Revised Uniform Unclaimed | 16 | | Property Act) and duties pertaining to a
function retained by | 17 | | the Department of Financial Institutions, the State
Treasurer, | 18 | | in consultation with the Director of Financial Institutions, | 19 | | shall
determine whether to transfer the employee to the Office | 20 | | of the State
Treasurer; until this determination has been | 21 | | made, the transfer shall not take
effect.
| 22 | | (c) The rights of State employees, the State, and its | 23 | | agencies under the
Personnel Code and applicable collective | 24 | | bargaining agreements and retirement
plans are not affected by | 25 | | this amendatory Act of 1999, except that all
positions |
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| 1 | | transferred to the State Treasurer shall be subject to the | 2 | | State
Treasurer Employment Code effective July 1, 2000.
| 3 | | All transferred employees who are members of
collective | 4 | | bargaining units shall retain their seniority, continuous | 5 | | service,
salary, and accrued benefits. During the pendency of | 6 | | the existing collective
bargaining agreement, the rights | 7 | | provided for under that agreement and
memoranda and | 8 | | supplements to that agreement, including but not limited to, | 9 | | the
rights of employees performing duties pertaining to the | 10 | | administration of the
Uniform Disposition of Unclaimed | 11 | | Property Act (superseded by the Revised Uniform Unclaimed | 12 | | Property Act) to positions in other State
agencies and the | 13 | | right of employees in other State agencies covered by the
| 14 | | agreement to positions performing duties pertaining to the | 15 | | administration of
the Uniform Disposition of Unclaimed | 16 | | Property Act (superseded by the Revised Uniform Unclaimed | 17 | | Property Act), shall not be abridged.
| 18 | | The State Treasurer shall
continue to honor during their | 19 | | pendency all bargaining agreements
in effect at the time of | 20 | | the transfer and to recognize all collective
bargaining | 21 | | representatives for the employees who perform or will perform
| 22 | | functions transferred by this amendatory Act of 1999. For all | 23 | | purposes with
respect to the management of the existing | 24 | | agreement and the
negotiation and management of any successor | 25 | | agreements, the State Treasurer
shall be deemed to
be the | 26 | | employer of employees who perform or will perform functions |
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| 1 | | transferred
to the Office of the State Treasurer by
this | 2 | | amendatory Act of 1999 ; provided that the Illinois Department | 3 | | of Central
Management Services shall be a party to any
| 4 | | grievance or arbitration proceeding held pursuant to the | 5 | | provisions of the
collective bargaining agreement which | 6 | | involves the movement
of employees from the Office of the | 7 | | State Treasurer to an
agency under the jurisdiction of the | 8 | | Governor covered by the agreement .
| 9 | | (Source: P.A. 100-22, eff. 1-1-18 .)
| 10 | | Section 10. The Revised Uniform Unclaimed Property Act is | 11 | | amended by changing Sections 15-102, 15-201, 15-202, 15-213, | 12 | | 15-401, 15-503, 15-603, 15-607, 15-905, and 15-906 as follows: | 13 | | (765 ILCS 1026/15-102) | 14 | | Sec. 15-102. Definitions. In this Act: | 15 | | (1) "Administrator" means the State Treasurer. | 16 | | (2) "Administrator's agent" means a person with which | 17 | | the administrator contracts to conduct an examination | 18 | | under Article 10 on behalf of the administrator. The term | 19 | | includes an independent contractor of the person and each | 20 | | individual participating in the examination on behalf of | 21 | | the person or contractor. | 22 | | (2.5) (Blank). | 23 | | (3) "Apparent owner" means a person whose name appears | 24 | | on the records of a holder as the owner of property held, |
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| 1 | | issued, or owing by the holder. | 2 | | (4) "Business association" means a corporation, joint | 3 | | stock company, investment company, unincorporated | 4 | | association, joint venture, limited liability company, | 5 | | business trust, trust company, land bank, safe deposit | 6 | | company, safekeeping depository, financial organization, | 7 | | insurance company, federally chartered entity, utility, | 8 | | sole proprietorship, or other business entity, whether or | 9 | | not for profit. | 10 | | (5) "Confidential information" means information that | 11 | | is "personal information" under the Personal Information | 12 | | Protection Act, "private information" under the Freedom of | 13 | | Information Act or personal information contained within | 14 | | public records, the disclosure of which would constitute a | 15 | | clearly unwarranted invasion of personal privacy, unless | 16 | | the disclosure is consented to in writing by the | 17 | | individual subjects of the information as provided in the | 18 | | Freedom of Information Act. | 19 | | (6) "Domicile" means: | 20 | | (A) for a corporation, the state of its | 21 | | incorporation; | 22 | | (B) for a business association whose formation | 23 | | requires a filing with a state, other than a | 24 | | corporation, the state of its filing; | 25 | | (C) for a federally chartered entity or an | 26 | | investment company registered under the Investment |
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| 1 | | Company Act of 1940, the state of its home office; and | 2 | | (D) for any other holder, the state of its | 3 | | principal place of business. | 4 | | (7) "Electronic" means relating to technology having | 5 | | electrical, digital, magnetic, wireless, optical, | 6 | | electromagnetic, or similar capabilities. | 7 | | (8) "Electronic mail" means a communication by | 8 | | electronic means which is automatically retained and | 9 | | stored and may be readily accessed or retrieved. | 10 | | (8.5) "Escheat fee" means any charge imposed solely by | 11 | | virtue of property being reported as presumed abandoned. | 12 | | (9) "Financial organization" means a bank, savings | 13 | | bank, foreign bank, corporate fiduciary, currency | 14 | | exchange, money transmitter, or credit union. | 15 | | (10) "Game-related digital content" means digital | 16 | | content that exists only in an electronic game or | 17 | | electronic-game platform. The term: | 18 | | (A) includes: | 19 | | (i) game-play currency such as a virtual | 20 | | wallet, even if denominated in United States | 21 | | currency; and | 22 | | (ii) the following if for use or redemption | 23 | | only within the game or platform or another | 24 | | electronic game or electronic-game platform: | 25 | | (I) points sometimes referred to as gems, | 26 | | tokens, gold, and similar names; and |
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| 1 | | (II) digital codes; and | 2 | | (B) does not include an item that the issuer: | 3 | | (i) permits to be redeemed for use outside a | 4 | | game or platform for: | 5 | | (I) money; or | 6 | | (II) goods or services that have more than | 7 | | minimal value; or | 8 | | (ii) otherwise monetizes for use outside a | 9 | | game or platform. | 10 | | (11) "Gift card" means a record evidencing a promise | 11 | | made for consideration by the seller or issuer of the | 12 | | record that goods, services, or money will be provided to | 13 | | the owner of the record to the value or amount shown in the | 14 | | record that is either: | 15 | | (A) a record: | 16 | | (i) issued on a prepaid basis primarily for | 17 | | personal, family, or household purposes to a | 18 | | consumer in a specified amount; | 19 | | (ii) the value of which does not expire; | 20 | | (iii) that is not subject to a dormancy, | 21 | | inactivity, or post-sale service fee; | 22 | | (iv) that is redeemable upon presentation for | 23 | | goods or services; and | 24 | | (v) that, unless required by law, may not be | 25 | | redeemed for or converted into money or otherwise | 26 | | monetized by the issuer; or |
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| 1 | | (B) a prepaid commercial mobile radio service, as | 2 | | defined in 47 CFR C.F.R. 20.3, as amended. | 3 | | (12) "Holder" means a person obligated to hold for the | 4 | | account of, or to deliver or pay to, the owner, property | 5 | | subject to this Act. | 6 | | (13) "Insurance company" means an association, | 7 | | corporation, or fraternal or mutual-benefit organization, | 8 | | whether or not for profit, engaged in the business of | 9 | | providing life endowments, annuities, or insurance, | 10 | | including accident, burial, casualty, credit-life, | 11 | | contract-performance, dental, disability, fidelity, fire, | 12 | | health, hospitalization, illness, life, malpractice, | 13 | | marine, mortgage, surety, wage-protection, and | 14 | | worker-compensation insurance. | 15 | | (14) "Loyalty card" means a record given without | 16 | | direct monetary consideration under an award, reward, | 17 | | benefit, loyalty, incentive, rebate, or promotional | 18 | | program which may be used or redeemed only to obtain goods | 19 | | or services or a discount on goods or services. The term | 20 | | does not include a record that may be redeemed for money or | 21 | | otherwise monetized by the issuer. | 22 | | (15) "Mineral" means gas, oil, coal, oil shale, other | 23 | | gaseous liquid or solid hydrocarbon, cement material, sand | 24 | | and gravel, road material, building stone, chemical raw | 25 | | material, gemstone, fissionable and nonfissionable ores, | 26 | | colloidal and other clay, steam and other geothermal |
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| 1 | | resources, and any other substance defined as a mineral by | 2 | | law of this State other than this Act. | 3 | | (16) "Mineral proceeds" means an amount payable for | 4 | | extraction, production, or sale of minerals, or, on the | 5 | | abandonment of the amount, an amount that becomes payable | 6 | | after abandonment. The term includes an amount payable: | 7 | | (A) for the acquisition and retention of a mineral | 8 | | lease, including a bonus, royalty, compensatory | 9 | | royalty, shut-in royalty, minimum royalty, and delay | 10 | | rental; | 11 | | (B) for the extraction, production, or sale of | 12 | | minerals, including a net revenue interest, royalty, | 13 | | overriding royalty, extraction payment, and production | 14 | | payment; and | 15 | | (C) under an agreement or option, including a | 16 | | joint-operating agreement, unit agreement, pooling | 17 | | agreement, and farm-out agreement. | 18 | | (17) "Money order" means a payment order for a | 19 | | specified amount of money. The term includes an express | 20 | | money order and a personal money order on which the | 21 | | remitter is the purchaser. | 22 | | (18) "Municipal bond" means a bond or evidence of | 23 | | indebtedness issued by a municipality or other political | 24 | | subdivision of a state. | 25 | | (19) "Net card value" means the original purchase | 26 | | price or original issued value of a stored-value card, |
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| 1 | | plus amounts added to the original price or value, minus | 2 | | amounts used and any service charge, fee, or dormancy | 3 | | charge permitted by law. | 4 | | (20) "Non-freely transferable security" means a | 5 | | security that cannot be delivered to the administrator by | 6 | | the Depository Trust Clearing Corporation or similar | 7 | | custodian of securities providing post-trade clearing and | 8 | | settlement services to financial markets or cannot be | 9 | | delivered because there is no agent to effect transfer. | 10 | | The term includes a worthless security. | 11 | | (21) "Owner", unless the context otherwise requires, | 12 | | means a person that has a legal, beneficial, or equitable | 13 | | interest in property subject to this Act or the person's | 14 | | legal representative when acting on behalf of the owner. | 15 | | The term includes: | 16 | | (A) a depositor, for a deposit; | 17 | | (B) a beneficiary, for a trust other than a | 18 | | deposit in trust; | 19 | | (C) a creditor, claimant, or payee, for other | 20 | | property; and | 21 | | (D) the lawful bearer of a record that may be used | 22 | | to obtain money, a reward, or a thing of value. | 23 | | (22) "Payroll card" means a record that evidences a | 24 | | payroll-card account as defined in Regulation E, 12 CFR | 25 | | Part 1005, as amended. | 26 | | (23) "Person" means an individual, estate, business |
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| 1 | | association, public corporation, government or | 2 | | governmental subdivision, agency, or instrumentality, or | 3 | | other legal entity, whether or not for profit. | 4 | | (24) "Property" means tangible property described in | 5 | | Section 15-201 or a fixed and certain interest in | 6 | | intangible property held, issued, or owed in the course of | 7 | | a holder's business or by a government, governmental | 8 | | subdivision, agency, or instrumentality. The term: | 9 | | (A) includes all income from or increments to the | 10 | | property; | 11 | | (B) includes property referred to as or evidenced | 12 | | by: | 13 | | (i) money, virtual currency, interest, or a | 14 | | dividend, check, draft, deposit, or payroll card; | 15 | | (ii) a credit balance, customer's overpayment, | 16 | | stored-value card, security deposit, refund, | 17 | | credit memorandum, unpaid wage, unused ticket for | 18 | | which the issuer has an obligation to provide a | 19 | | refund, mineral proceeds, or unidentified | 20 | | remittance; | 21 | | (iii) a security except for: | 22 | | (I) a worthless security; or | 23 | | (II) a security that is subject to a lien, | 24 | | legal hold, or restriction evidenced on the | 25 | | records of the holder or imposed by operation | 26 | | of law, if the lien, legal hold, or |
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| 1 | | restriction restricts the holder's or owner's | 2 | | ability to receive, transfer, sell, or | 3 | | otherwise negotiate the security; | 4 | | (iv) a bond, debenture, note, or other | 5 | | evidence of indebtedness; | 6 | | (v) money deposited to redeem a security, make | 7 | | a distribution, or pay a dividend; | 8 | | (vi) an amount due and payable under an | 9 | | annuity contract or insurance policy; | 10 | | (vii) an amount distributable from a trust or | 11 | | custodial fund established under a plan to provide | 12 | | health, welfare, pension, vacation, severance, | 13 | | retirement, death, stock purchase, profit-sharing, | 14 | | employee-savings, supplemental-unemployment | 15 | | insurance, or a similar benefit; and | 16 | | (viii) any instrument on which a financial | 17 | | organization or business association is directly | 18 | | liable; and | 19 | | (C) does not include: | 20 | | (i) game-related digital content; | 21 | | (ii) a loyalty card; | 22 | | (iii) a gift card; or | 23 | | (iv) funds on deposit or held in trust | 24 | | pursuant to Section 16 of the Illinois Pre-Need | 25 | | Cemetery Sales Act. | 26 | | (25) "Putative holder" means a person believed by the |
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| 1 | | administrator to be a holder, until the person pays or | 2 | | delivers to the administrator property subject to this Act | 3 | | or the administrator or a court makes a final | 4 | | determination that the person is or is not a holder. | 5 | | (26) "Record" means information that is inscribed on a | 6 | | tangible medium or that is stored in an electronic or | 7 | | other medium and is retrievable in perceivable form. The | 8 | | phrase "records of the holder" includes records maintained | 9 | | by a third party that has contracted with the holder. | 10 | | (27) "Security" means: | 11 | | (A) a security as defined in Article 8 of the | 12 | | Uniform Commercial Code; | 13 | | (B) a security entitlement as defined in Article 8 | 14 | | of the Uniform Commercial Code, including a customer | 15 | | security account held by a registered broker-dealer, | 16 | | to the extent the financial assets held in the | 17 | | security account are not: | 18 | | (i) registered on the books of the issuer in | 19 | | the name of the person for which the broker-dealer | 20 | | holds the assets; | 21 | | (ii) payable to the order of the person; or | 22 | | (iii) specifically indorsed to the person; or | 23 | | (C) an equity interest in a business association | 24 | | not included in subparagraph (A) or (B). | 25 | | (28) "Sign" means, with present intent to authenticate | 26 | | or adopt a record: |
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| 1 | | (A) to execute or adopt a tangible symbol; or | 2 | | (B) to attach to or logically associate with the | 3 | | record an electronic symbol, sound, or process. | 4 | | (29) "State" means a state of the United States, the | 5 | | District of Columbia, the Commonwealth of Puerto Rico, the | 6 | | United States Virgin Islands, or any territory or insular | 7 | | possession subject to the jurisdiction of the United | 8 | | States. | 9 | | (30) "Stored-value card" means a card, code, or other | 10 | | device that is: | 11 | | (A) issued on a prepaid basis primarily for | 12 | | personal, family, or household purposes to a consumer | 13 | | in a specified amount, whether or not that amount may | 14 | | be increased or reloaded in exchange for payment; and | 15 | | (B) redeemable upon presentation at multiple | 16 | | unaffiliated merchants for goods or services or usable | 17 | | at automated teller machines; and | 18 | | "Stored-value card" does not include a gift card, | 19 | | payroll card, loyalty card, or game-related digital | 20 | | content. | 21 | | (31) "Utility" means a person that owns or operates | 22 | | for public use a plant, equipment, real property, | 23 | | franchise, or license for the following public services: | 24 | | (A) transmission of communications or information; | 25 | | (B) production, storage, transmission, sale, | 26 | | delivery, or furnishing of electricity, water, steam, |
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| 1 | | or gas; or | 2 | | (C) provision of sewage or septic services, or | 3 | | trash, garbage, or recycling disposal. | 4 | | (32) "Virtual currency" means any type of a digital | 5 | | unit, including cryptocurrency, representation of value | 6 | | used as a medium of exchange, unit of account, or a form of | 7 | | digitally stored store of value, which does not have legal | 8 | | tender status recognized by the United States. The term | 9 | | does not include: | 10 | | (A) the software or protocols governing the | 11 | | transfer of the digital representation of value; | 12 | | (B) game-related digital content; or | 13 | | (C) a loyalty card or gift card. | 14 | | (33) "Worthless security" means a security whose cost | 15 | | of liquidation and delivery to the administrator would | 16 | | exceed the value of the security on the date a report is | 17 | | due under this Act.
| 18 | | (Source: P.A. 100-22, eff. 1-1-18; 100-566, eff. 1-1-18; | 19 | | 101-552, eff. 1-1-20 .) | 20 | | (765 ILCS 1026/15-201) | 21 | | Sec. 15-201. When property presumed abandoned. Subject to | 22 | | Section 15-210, the following property is presumed abandoned | 23 | | if it is unclaimed by the apparent owner during the period | 24 | | specified below: | 25 | | (1) a traveler's check, 15 years after issuance; |
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| 1 | | (2) a money order, 3 7 years after issuance; | 2 | | (3) any instrument on which a financial organization | 3 | | or business association is directly liable, 3 years after | 4 | | issuance; | 5 | | (4) a state or municipal bond, bearer bond, or | 6 | | original-issue-discount bond, 3 years after the earliest | 7 | | of the date the bond matures or is called or the obligation | 8 | | to pay the principal of the bond arises; | 9 | | (5) a debt of a business association, 3 years after | 10 | | the obligation to pay arises; | 11 | | (6) a demand, savings, or time deposit, 3 years after | 12 | | the later of maturity or the date of the last indication of | 13 | | interest in the property by the apparent owner, except for | 14 | | a deposit that is automatically renewable, 3 years after | 15 | | its initial date of maturity unless the apparent owner | 16 | | consented in a record on file with the holder to renewal at | 17 | | or about the time of the renewal; | 18 | | (6.5) virtual currency, 5 years after the last | 19 | | indication of interest in the property; | 20 | | (7) money or a credit owed to a customer as a result of | 21 | | a retail business transaction, other than in-store credit | 22 | | for returned merchandise, 3 years after the obligation | 23 | | arose; | 24 | | (8) an amount owed by an insurance company on a life or | 25 | | endowment insurance policy or an annuity contract that has | 26 | | matured or terminated, 3 years after the obligation to pay |
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| 1 | | arose under the terms of the policy or contract or, if a | 2 | | policy or contract for which an amount is owed on proof of | 3 | | death has not matured by proof of the death of the insured | 4 | | or annuitant, as follows: | 5 | | (A) with respect to an amount owed on a life or | 6 | | endowment insurance policy, the earlier of: | 7 | | (i) 3 years after the death of the insured; or | 8 | | (ii) 2 years after the insured has attained, | 9 | | or would have attained if living, the limiting age | 10 | | under the mortality table on which the reserve for | 11 | | the policy is based; and | 12 | | (B) with respect to an amount owed on an annuity | 13 | | contract, 3 years after the death of the annuitant. | 14 | | (9) funds on deposit or held in trust pursuant to the | 15 | | Illinois Funeral or Burial Funds Act, the earliest of: | 16 | | (A) 2 years after the date of death of the | 17 | | beneficiary; | 18 | | (B) one year after the date the beneficiary has | 19 | | attained, or would have attained if living, the age of | 20 | | 105 where the holder does not know whether the | 21 | | beneficiary is deceased; | 22 | | (C) 40 years after the contract for prepayment was | 23 | | executed, unless the apparent owner has indicated an | 24 | | interest in the property more than 40 years after the | 25 | | contract for prepayment was executed, in which case, 3 | 26 | | years after the last indication of interest in the |
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| 1 | | property by the apparent owner; | 2 | | (10) property distributable by a business association | 3 | | in the course of dissolution or distributions from the | 4 | | termination of a retirement plan, one year after the | 5 | | property becomes distributable; | 6 | | (11) property held by a court, including property | 7 | | received as proceeds of a class action, 3 years after the | 8 | | property becomes distributable; | 9 | | (12) property held by a government or governmental | 10 | | subdivision, agency, or instrumentality, including | 11 | | municipal bond interest and unredeemed principal under the | 12 | | administration of a paying agent or indenture trustee, 3 | 13 | | years after the property becomes distributable; | 14 | | (13) wages, commissions, bonuses, or reimbursements to | 15 | | which an employee is entitled, or other compensation for | 16 | | personal services, including amounts held on a payroll | 17 | | card, one year after the amount becomes payable; | 18 | | (14) a deposit or refund owed to a subscriber by a | 19 | | utility, one year after the deposit or refund becomes | 20 | | payable, except that any capital credits or patronage | 21 | | capital retired, returned, refunded or tendered to a | 22 | | member of an electric cooperative, as defined in Section | 23 | | 3.4 of the Electric Supplier Act, or a telephone or | 24 | | telecommunications cooperative, as defined in Section | 25 | | 13-212 of the Public Utilities Act, that has remained | 26 | | unclaimed by the person appearing on the records of the |
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| 1 | | entitled cooperative for more than 2 years, shall not be | 2 | | subject to, or governed by, any other provisions of this | 3 | | Act, but rather shall be used by the cooperative for the | 4 | | benefit of the general membership of the cooperative; and | 5 | | (15) property not specified in this Section or | 6 | | Sections 15-202 through 15-208, the earlier of 3 years | 7 | | after the owner first has a right to demand the property or | 8 | | the obligation to pay or distribute the property arises. | 9 | | Notwithstanding anything to the contrary in this Section | 10 | | 15-201, and subject to Section 15-210, a deceased owner cannot | 11 | | indicate interest in his or her property. If the owner is | 12 | | deceased and the abandonment period for the owner's property | 13 | | specified in this Section 15-201 is greater than 2 years, then | 14 | | the property, other than an amount owed by an insurance | 15 | | company on a life or endowment insurance policy or an annuity | 16 | | contract that has matured or terminated, shall instead be | 17 | | presumed abandoned 2 years from the date of the owner's last | 18 | | indication of interest in the property.
| 19 | | (Source: P.A. 100-22, eff. 1-1-18; 100-566, eff. 1-1-18; | 20 | | 101-552, eff. 1-1-20 .) | 21 | | (765 ILCS 1026/15-202)
| 22 | | Sec. 15-202. When tax-deferred and tax-exempt retirement | 23 | | accounts account presumed abandoned. | 24 | | (a) Subject to Section 15-210, property held in a pension | 25 | | account or retirement account that qualifies for tax deferral |
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| 1 | | or tax exemption under the income-tax laws of the United | 2 | | States is presumed abandoned if it is unclaimed by the | 3 | | apparent owner after the later of: | 4 | | (1) 3 years after the following dates: | 5 | | (A) except as in subparagraph (B), the date a | 6 | | communication sent by the holder by first-class United | 7 | | States mail to the apparent owner is returned to the | 8 | | holder undelivered by the United States Postal | 9 | | Service; or | 10 | | (B) if such communication is re-sent within 30 | 11 | | days after the date the first communication is | 12 | | returned undelivered, the date the second | 13 | | communication was returned undelivered by the United | 14 | | States Postal Service; or | 15 | | (2) the earlier of the following dates: | 16 | | (A) 3 years after the date the apparent owner | 17 | | becomes 72 70.5 years of age, if determinable by the | 18 | | holder; or | 19 | | (B) one year after the date of mandatory | 20 | | distribution following death if the Internal Revenue | 21 | | Code requires distribution to avoid a tax penalty and | 22 | | the holder: | 23 | | (i) receives confirmation of the death of the | 24 | | apparent owner in the ordinary course of its | 25 | | business; or | 26 | | (ii) confirms the death of the apparent owner |
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| 1 | | under subsection (b). | 2 | | (b) If a holder in the ordinary course of its business | 3 | | receives notice or an indication of the death of an apparent | 4 | | owner and subsection (a)(2) applies, the holder shall attempt | 5 | | not later than 90 days after receipt of the notice or | 6 | | indication to confirm whether the apparent owner is deceased. | 7 | | (c) If the holder does not send communications to the | 8 | | apparent owner of an account described in subsection (a) by | 9 | | first-class United States mail on at least an annual basis, | 10 | | the holder shall attempt to confirm the apparent owner's | 11 | | interest in the property by sending the apparent owner an | 12 | | electronic-mail communication not later than 2 years after the | 13 | | apparent owner's last indication of interest in the property. | 14 | | However, the holder promptly shall attempt to contact the | 15 | | apparent owner by first-class United States mail if: | 16 | | (1) the holder does not have information needed to | 17 | | send the apparent owner an electronic mail communication | 18 | | or the holder believes that the apparent owner's | 19 | | electronic mail address in the holder's records is not | 20 | | valid; | 21 | | (2) the holder receives notification that the | 22 | | electronic-mail communication was not received; or | 23 | | (3) the apparent owner does not respond to the | 24 | | electronic-mail communication within 30 days after the | 25 | | communication was sent. | 26 | | (d) If first-class United States mail sent under |
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| 1 | | subsection (c) is returned to the holder undelivered by the | 2 | | United States Postal Service, the property is presumed | 3 | | abandoned 3 years after the later of: | 4 | | (1) except as in paragraph (2), the date a | 5 | | communication to contact the apparent owner sent by | 6 | | first-class United States mail is returned to the holder | 7 | | undelivered; | 8 | | (2) if such communication is re-sent within 30 days | 9 | | after the date the first communication is returned | 10 | | undelivered, the date the second communication was | 11 | | returned undelivered; or | 12 | | (3) the date established by subsection (a)(2).
| 13 | | (Source: P.A. 100-22, eff. 1-1-18 .) | 14 | | (765 ILCS 1026/15-213)
| 15 | | Sec. 15-213. United States savings bonds. | 16 | | (a) As used in this Section, "United States savings bond" | 17 | | means property, tangible or intangible, in the form of a | 18 | | savings bond issued by the United States Treasury, whether in | 19 | | paper, electronic, or paperless form, along with all proceeds | 20 | | thereof in the possession of the administrator . | 21 | | (b) Notwithstanding any provision of this Act to the | 22 | | contrary, a United States savings bond subject to this Section | 23 | | or held or owing in this State by any person is presumed | 24 | | abandoned when such bond has remained unclaimed and unredeemed | 25 | | for 5 years after its date of final extended maturity. |
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| 1 | | (c) United States savings bonds that are presumed | 2 | | abandoned and unclaimed under subsection (b) shall escheat to | 3 | | the State of Illinois and all property rights and legal title | 4 | | to and ownership of the United States savings bonds, or | 5 | | proceeds from the bonds, including all rights, powers, and | 6 | | privileges of survivorship of any owner, co-owner, or | 7 | | beneficiary, shall vest solely in the State according to the | 8 | | procedure set forth in subsections (d) through (f). | 9 | | (d) Within 180 days after a United States savings bond has | 10 | | been presumed abandoned, in the absence of a claim having been | 11 | | filed with the administrator for the savings bond, the | 12 | | administrator shall commence a civil action in the Circuit | 13 | | Court of Sangamon County for a determination that the United | 14 | | States savings bonds has escheated to the State. The | 15 | | administrator may postpone the bringing of the action until | 16 | | sufficient United States savings bonds have accumulated in the | 17 | | administrator's custody to justify the expense of the | 18 | | proceedings. | 19 | | (e) The administrator shall make service by publication in | 20 | | the civil action in accordance with Sections 2-206 and 2-207 | 21 | | of the Code of Civil Procedure, which shall include the filing | 22 | | with the Circuit Court of Sangamon County of the affidavit | 23 | | required in Section 2-206 of that Code by an employee of the | 24 | | administrator with personal knowledge of the efforts made to | 25 | | contact the owners of United States savings bonds presumed | 26 | | abandoned under this Section. In addition to the diligent |
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| 1 | | inquiries made pursuant to Section 2-206 of the Code of Civil | 2 | | Procedure, the administrator may also utilize additional | 3 | | discretionary means to attempt to provide notice to persons | 4 | | who may own a United States savings bond registered to a person | 5 | | with a last known address in the State of Illinois subject to a | 6 | | civil action pursuant to subsection (d). | 7 | | (f) The owner of a United States savings bond registered | 8 | | to a person with a last known address in the State of Illinois | 9 | | subject to a civil action pursuant to subsection (d) may file a | 10 | | claim for such United States savings bond with either the | 11 | | administrator or by filing a claim in the civil action in the | 12 | | Circuit Court of Sangamon County in which the savings bond | 13 | | registered to that person is at issue prior to the entry of a | 14 | | final judgment by the Circuit Court pursuant to this | 15 | | subsection, and unless the Circuit Court determines that such | 16 | | United States savings bond is not owned by the claimant, then | 17 | | such United States savings bond shall no longer be presumed | 18 | | abandoned. If no person files a claim or appears at the hearing | 19 | | to substantiate a disputed claim or if the court determines | 20 | | that a claimant is not entitled to the property claimed by the | 21 | | claimant, then the court, if satisfied by evidence that the | 22 | | administrator has substantially complied with the laws of this | 23 | | State, shall enter a judgment that the United States savings | 24 | | bonds have escheated to this State, and all property rights | 25 | | and legal title to and ownership of such United States savings | 26 | | bonds or proceeds from such bonds, including all rights, |
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| 1 | | powers, and privileges of survivorship of any owner, co-owner, | 2 | | or beneficiary, shall vest in this State. | 3 | | (g) The administrator shall redeem from the Bureau of the | 4 | | Fiscal Service of the United States Treasury the United States | 5 | | savings bonds escheated to the State and deposit the proceeds | 6 | | from the redemption of United States savings bonds into the | 7 | | Unclaimed Property Trust Fund. | 8 | | (h) Any person making a claim for the United States | 9 | | savings bonds escheated to the State under this subsection, or | 10 | | for the proceeds from such bonds, may file a claim with the | 11 | | administrator. Upon providing sufficient proof of the validity | 12 | | of such person's claim, the administrator may, in his or her | 13 | | sole discretion, pay such claim. If payment has been made to | 14 | | any claimant, no action thereafter may be maintained by any | 15 | | other claimant against the State or any officer thereof for or | 16 | | on account of such funds.
| 17 | | (Source: P.A. 100-22, eff. 1-1-18 .) | 18 | | (765 ILCS 1026/15-401)
| 19 | | Sec. 15-401. Report required by holder. | 20 | | (a) A holder of property presumed abandoned and subject to | 21 | | the custody of the administrator shall report in a record to | 22 | | the administrator concerning the property. A holder shall | 23 | | report via the internet in a format approved by the | 24 | | administrator, unless the administrator gives a holder | 25 | | specific permission to file a paper report. |
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| 1 | | (b) A holder may contract with a third party to make the | 2 | | report required under subsection (a). | 3 | | (c) Whether or not a holder contracts with a third party | 4 | | under subsection (b), the holder is responsible: | 5 | | (1) to the administrator for the complete, accurate, | 6 | | and timely reporting of property presumed abandoned; and | 7 | | (2) for paying or delivering to the administrator | 8 | | property described in the report.
| 9 | | (d) A business association who has no reportable property | 10 | | shall so report to the administrator on forms via the Internet | 11 | | in a format approved by the administrator if the business | 12 | | association has: | 13 | | (1) annual sales of more than $1,000,000; | 14 | | (2) securities that are publicly traded; | 15 | | (3) a net worth of more than $10,000,000; or | 16 | | (4) more than 100 employees. | 17 | | The administrator may increase one or more of the | 18 | | thresholds for filing a negative report by administrative | 19 | | rule. | 20 | | (Source: P.A. 100-22, eff. 1-1-18 .) | 21 | | (765 ILCS 1026/15-503)
| 22 | | Sec. 15-503. Notice by administrator. | 23 | | (a) The administrator shall give notice to an apparent | 24 | | owner that property presumed abandoned and appears to be owned | 25 | | by the apparent owner is held by the administrator under this |
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| 1 | | Act. | 2 | | (b) In providing notice under subsection (a), the | 3 | | administrator shall: | 4 | | (1) except as otherwise provided in paragraph (2), | 5 | | send written notice by first-class United States mail to | 6 | | each apparent owner of property valued at $100 or more | 7 | | held by the administrator, unless the administrator | 8 | | determines that a mailing by first-class United States | 9 | | mail would not be received by the apparent owner, and, in | 10 | | the case of a security held in an account for which the | 11 | | apparent owner had consented to receiving electronic mail | 12 | | from the holder, send notice by electronic mail if the | 13 | | electronic-mail address of the apparent owner is known to | 14 | | the administrator instead of by first-class United States | 15 | | mail; or | 16 | | (2) send the notice to the apparent owner's | 17 | | electronic-mail address if the administrator does not have | 18 | | a valid United States mail address for an apparent owner, | 19 | | but has an electronic-mail address that the administrator | 20 | | does not know to be invalid. | 21 | | (c) In addition to the notice under subsection (b), the | 22 | | administrator shall: | 23 | | (1) publish every 6 months in at least one English | 24 | | language newspaper of general circulation in each county | 25 | | in this State notice of property held by the administrator | 26 | | which must include: |
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| 1 | | (A) the total value of property received by the | 2 | | administrator during the preceding 6-month period, | 3 | | taken from the reports under Section 15-401; | 4 | | (B) the total value of claims paid by the | 5 | | administrator during the preceding 6-month period; | 6 | | (C) the Internet web address of the unclaimed | 7 | | property website maintained by the administrator; | 8 | | (D) a telephone number and electronic-mail address | 9 | | to contact the administrator to inquire about or claim | 10 | | property; and | 11 | | (E) a statement that a person may access the | 12 | | Internet by a computer to search for unclaimed | 13 | | property and a computer may be available as a service | 14 | | to the public at a local public library. | 15 | | (2) The administrator shall maintain a website | 16 | | accessible by the public and electronically searchable | 17 | | which contains the names reported to the administrator of | 18 | | apparent owners for whom property is being held by the | 19 | | administrator. The administrator need not list property on | 20 | | such website when: no owner name was reported, a claim has | 21 | | been initiated or is pending for the property, the | 22 | | administrator has made direct contact with the apparent | 23 | | owner of the property, and in other instances where the | 24 | | administrator reasonably believes exclusion of the | 25 | | property is in the best interests of both the State and the | 26 | | owner of the property. |
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| 1 | | (d) The website or database maintained under subsection | 2 | | (c)(2) must include instructions for filing with the | 3 | | administrator a claim to property and an online claim form | 4 | | with instructions. The website may also provide a printable | 5 | | claim form with instructions for its use. | 6 | | (e) Tax return identification of apparent owners of | 7 | | abandoned property. | 8 | | (1) At least annually the administrator shall notify | 9 | | the Department of Revenue of the names of persons | 10 | | appearing to be owners of abandoned property under this | 11 | | Section. The administrator shall also provide to the | 12 | | Department of Revenue the social security numbers of the | 13 | | persons, if available. | 14 | | (2) The Department of Revenue shall notify the | 15 | | administrator if any person under subsection (e)(1) has | 16 | | filed an Illinois income tax return and shall provide the | 17 | | administrator with the last known address of the person as | 18 | | it appears in Department of Revenue records, except as | 19 | | prohibited by federal law. The Department of Revenue may | 20 | | also provide additional addresses for the same taxpayer | 21 | | from the records of the Department, except as prohibited | 22 | | by federal law. | 23 | | (3) In order to facilitate the return of property | 24 | | under this subsection, the administrator and the | 25 | | Department of Revenue may enter into an interagency | 26 | | agreement concerning protection of confidential |
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| 1 | | information, data match rules, and other issues. | 2 | | (4) The administrator may deliver, as provided under | 3 | | Section 15-904 of this Act, property or pay the amount | 4 | | owing to a person matched under this Section without the | 5 | | person filing a claim under Section 15-903 of this Act if | 6 | | the following conditions are met: | 7 | | (A) the value of the property that is owed the | 8 | | person is $2,000 or less; | 9 | | (B) the property is not either tangible property | 10 | | or securities; | 11 | | (C) the last known address for the person | 12 | | according to the Department of Revenue records is less | 13 | | than 12 months old; and | 14 | | (D) the administrator has evidence sufficient to | 15 | | establish that the person who appears in Department of | 16 | | Revenue records is the owner of the property and the | 17 | | owner currently resides at the last known address from | 18 | | the Department of Revenue. | 19 | | (5) If the value of the property that is owed the | 20 | | person is greater than $2,000, or is tangible property or | 21 | | securities the administrator shall provide notice to the | 22 | | person, informing the person that he or she is the owner of | 23 | | abandoned property held by the State and may file a claim | 24 | | with the administrator for return of the property. | 25 | | (6) The administrator does not need to notify the | 26 | | Department of Revenue of the names or social security |
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| 1 | | numbers of apparent owners of abandoned property if the | 2 | | administrator reasonably believes that the Department of | 3 | | Revenue will be unable to provide information that would | 4 | | provide sufficient evidence to establish that the person | 5 | | in the Department of Revenue's records is the apparent | 6 | | owner of unclaimed property in the custody of the | 7 | | administrator. | 8 | | (f) The administrator may use additional databases to | 9 | | verify the identity of the person and that the person | 10 | | currently resides at the last known address. The administrator | 11 | | may utilize publicly and commercially available databases to | 12 | | find and update or add information for apparent owners of | 13 | | property held by the administrator. | 14 | | (g) In addition to giving notice under subsection (b), | 15 | | publishing the information under subsection (c)(1) and | 16 | | maintaining the website or database under subsection (c)(2), | 17 | | the administrator may use other printed publication, | 18 | | telecommunication, the Internet, or other media to inform the | 19 | | public of the existence of unclaimed property held by the | 20 | | administrator.
| 21 | | (h) Identification of apparent owners of abandoned | 22 | | property using other State databases. | 23 | | (1) The administrator may enter into interagency | 24 | | agreements with the Secretary of State and the Illinois State | 25 | | Board of Elections to identify persons appearing to be owners | 26 | | of abandoned property with databases under the control of the |
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| 1 | | Secretary of State and the Illinois State Board of Elections. | 2 | | Such interagency agreements shall include protection of | 3 | | confidential information, data match rules, and other | 4 | | necessary and proper issues. | 5 | | (2) Except as prohibited by federal law, after January 1, | 6 | | 2022 the administrator may provide the Secretary of State with | 7 | | names and other identifying information of persons appearing | 8 | | to be owners of abandoned property. The Secretary of State may | 9 | | provide the administrator with the last known address as it | 10 | | appears in its respective records of any person reasonably | 11 | | believed to be the apparent owner of abandoned property. | 12 | | (3) The Illinois State Board of Elections shall, upon | 13 | | request, annually provide the administrator with electronic | 14 | | data or compilations of voter registration information. The | 15 | | administrator may use such electronic data or compilations of | 16 | | voter registration information to identify persons appearing | 17 | | to be owners of abandoned property. | 18 | | (4) The administrator may deliver, as provided under | 19 | | Section 15-904, property or pay the amount owing to a person | 20 | | matched under this Section without the person filing a claim | 21 | | under Section 15-903 if: | 22 | | (i) the value of the property that is owed the person | 23 | | is $2,000 or less; | 24 | | (ii) the property is not either tangible property or | 25 | | securities; | 26 | | (iii) the last known address for the person according |
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| 1 | | to the records of the Secretary of State or Illinois State | 2 | | Board of Elections is less than 12 months old; and | 3 | | (iv) the administrator has evidence sufficient to | 4 | | establish that the person who appears in the records of | 5 | | the Secretary of State or Illinois State Board of | 6 | | Elections is the owner of the property and the owner | 7 | | currently resides at the last known address from the | 8 | | Secretary of State or the Illinois State Board of | 9 | | Elections. | 10 | | (Source: P.A. 100-22, eff. 1-1-18; 100-566, eff. 1-1-18.) | 11 | | (765 ILCS 1026/15-603)
| 12 | | Sec. 15-603. Payment or delivery of property to | 13 | | administrator. | 14 | | (a) Except as otherwise provided in this Section, on | 15 | | filing a report under Section 15-401, the holder shall pay or | 16 | | deliver to the administrator the property described in the | 17 | | report. | 18 | | (b) If property in a report under Section 15-401 is an | 19 | | automatically renewable deposit and a penalty or forfeiture in | 20 | | the payment of interest would result from paying the deposit | 21 | | to the administrator at the time of the report, the date for | 22 | | payment of the property to the administrator is extended until | 23 | | a penalty or forfeiture no longer would result from payment, | 24 | | if the holder informs the administrator of the extended date. | 25 | | (c) Tangible property in a safe-deposit box may not be |
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| 1 | | delivered to the administrator until a mutually agreed upon | 2 | | date that is no sooner than 60 days after filing the report | 3 | | under Section 15-401. | 4 | | (d) If property reported to the administrator under | 5 | | Section 15-401 is a security, the administrator may: | 6 | | (1) make an endorsement, instruction, or entitlement | 7 | | order on behalf of the apparent owner to invoke the duty of | 8 | | the issuer, its transfer agent, or the securities | 9 | | intermediary to transfer the security; or | 10 | | (2) dispose of the security under Section 15-702. | 11 | | (e) If the holder of property reported to the | 12 | | administrator under Section 15-401 is the issuer of a | 13 | | certificated security, the administrator may obtain a | 14 | | replacement certificate in physical or book-entry form under | 15 | | Section 8-405 of the Uniform Commercial Code. An indemnity | 16 | | bond is not required. | 17 | | (f) The administrator shall establish procedures for the | 18 | | registration, issuance, method of delivery, transfer, and | 19 | | maintenance of securities delivered to the administrator by a | 20 | | holder. | 21 | | (g) An issuer, holder, and transfer agent or other person | 22 | | acting in good faith under this Section under instructions of | 23 | | and on behalf of the issuer or holder is not liable to the | 24 | | apparent owner for a claim arising with respect to property | 25 | | after the property has been delivered to the administrator. | 26 | | (h) A holder is not required to deliver to the |
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| 1 | | administrator a security identified by the holder as a | 2 | | non-freely transferable security in a report filed under | 3 | | Section 15-401. If the administrator or holder determines that | 4 | | a security is no longer a non-freely transferable security, | 5 | | the holder shall report and deliver the security on the next | 6 | | regular date prescribed for delivery of securities under this | 7 | | Act. The holder shall make a determination annually whether a | 8 | | security identified in a report filed under Section 15-401 as | 9 | | a non-freely transferable security is no longer a non-freely | 10 | | transferable security.
| 11 | | (i) If property reported to the administrator is virtual | 12 | | currency, the holder shall liquidate the virtual currency and | 13 | | remit the proceeds to the administrator. The liquidation shall | 14 | | occur anytime within 30 days prior to the filing of the report | 15 | | under Section 15-401. The owner shall not have recourse | 16 | | against the holder or the administrator to recover any gain in | 17 | | value that occurs after the liquidation of the virtual | 18 | | currency under this subsection. | 19 | | (Source: P.A. 100-22, eff. 1-1-18 .) | 20 | | (765 ILCS 1026/15-607)
| 21 | | Sec. 15-607. Crediting income or gain to owner's account. | 22 | | (a) If property other than money is delivered to the | 23 | | administrator, the owner is entitled to receive from the | 24 | | administrator income or gain realized or accrued on the | 25 | | property before the property is sold. |
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| 1 | | (b) Before August 22, 2017 Except as provided in | 2 | | subsection (c) , interest on money is not payable to an owner | 3 | | for periods where the property is in the possession of the | 4 | | administrator.
| 5 | | (c) Beginning on August 22, 2017, If an interest-bearing | 6 | | demand, savings, or time deposit is paid or delivered to the | 7 | | administrator on or after July 1, 2018, then the administrator | 8 | | shall pay interest to the owner of property in the form of | 9 | | money at the greater lesser of: (i) the percentage increase, | 10 | | if any, in the Consumer Price Index for All Urban Consumers for | 11 | | all items published by the United States Department of Labor | 12 | | (CPI-U); or (ii) the actual rate of return the State Treasurer | 13 | | earned on the Unclaimed Property Trust Fund property earned | 14 | | while in the possession of the holder and reported to the | 15 | | administrator . Interest begins to accrue when the property in | 16 | | the form of money is delivered to the administrator or when the | 17 | | administrator converts property to money pursuant to Article 7 | 18 | | and ends on the earlier of the expiration of 10 years after the | 19 | | property begins to accrue interest its delivery or the date on | 20 | | which payment is made to the owner. The administrator may | 21 | | establish by administrative rule more detailed methodologies | 22 | | for calculating the amount of interest to be paid to an owner | 23 | | under this Section using CPI-U or the rate the property earned | 24 | | while in the possession of the holder . | 25 | | (d) When paying interest to an owner pursuant to | 26 | | subsection (c), the administrator shall charge a one-time |
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| 1 | | administrative fee of $5, deductible only from interest. | 2 | | (Source: P.A. 100-22, eff. 1-1-18; 100-566, eff. 1-1-18.) | 3 | | (765 ILCS 1026/15-905)
| 4 | | Sec. 15-905. Allowance of claim for property. | 5 | | (a) The administrator shall pay or deliver to the owner | 6 | | the property or pay to the owner the net proceeds of a sale of | 7 | | the property, together with income or gain to which the owner | 8 | | is entitled under Section 15-607. On request of the owner, the | 9 | | administrator may sell or liquidate property and pay the net | 10 | | proceeds to the owner, even if the property had been held by | 11 | | the administrator for less than 3 years or the administrator | 12 | | has not complied with the notice requirements under Section | 13 | | 15-503. | 14 | | (b) Property held under this Act by the administrator is | 15 | | subject to offset under Section 10.05 of the State Comptroller | 16 | | Act. | 17 | | (c) Any warrants issued by the Comptroller pursuant to a | 18 | | voucher from the administrator to pay an owner under this Act | 19 | | that are not presented to the Treasurer within 12 months of the | 20 | | date of issuance shall be void pursuant to Section 10.07 of the | 21 | | State Comptroller Act, but the funds shall not escheat to the | 22 | | State and shall instead be redeposited in the Unclaimed | 23 | | Property Trust Fund. | 24 | | (d) The administrator shall be responsible for any tax | 25 | | reporting required by federal law related to payments made |
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| 1 | | pursuant to this Act. The administrator may contract with a | 2 | | vendor to assist with the tax reporting duties required by | 3 | | this subsection.
| 4 | | (Source: P.A. 100-22, eff. 1-1-18 .) | 5 | | (765 ILCS 1026/15-906)
| 6 | | Sec. 15-906. Action by person whose claim is denied. Not | 7 | | later than one year after filing a claim under subsection (a) | 8 | | of Section 15-903, the claimant may commence a contested case | 9 | | pursuant to the Illinois Administrative Procedure Act to | 10 | | establish a claim by the preponderance of the evidence after | 11 | | either receiving notice under subsection (b) of Section 15-904 | 12 | | 15-903 or the claim is deemed denied under subsection (b) (d) | 13 | | of Section 15-904 15-903 .
| 14 | | (Source: P.A. 100-22, eff. 1-1-18 .)
| 15 | | (15 ILCS 505/0.04 rep.)
| 16 | | (15 ILCS 505/0.05 rep.)
| 17 | | Section 15. The State Treasurer Act is amended by | 18 | | repealing Sections 0.04 and 0.05.
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| 1 | |
INDEX
| 2 | |
Statutes amended in order of appearance
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| 3 | | 15 ILCS 505/0.02 |
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| 4 | | 15 ILCS 505/0.03 |
| | 5 | | 765 ILCS 1026/15-102 | | | 6 | | 765 ILCS 1026/15-201 | | | 7 | | 765 ILCS 1026/15-202 | | | 8 | | 765 ILCS 1026/15-213 | | | 9 | | 765 ILCS 1026/15-401 | | | 10 | | 765 ILCS 1026/15-503 | | | 11 | | 765 ILCS 1026/15-603 | | | 12 | | 765 ILCS 1026/15-607 | | | 13 | | 765 ILCS 1026/15-906 | |
| 14 | | 15 ILCS 505/0.04 rep. |
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| 15 | | 15 ILCS 505/0.05 rep. |
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