HB5806 99TH GENERAL ASSEMBLY

LRB099 18330 JLS 42704 b

99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB5806

Introduced , by Rep. Michelle Mussman

SYNOPSIS AS INTRODUCED:

820 ILCS 205/12.5 new

Amends the Child Labor Law. Provides that, before a child may be issued a permit to work as a model, a trust account must be established providing, at a minimum, that: at least 15% (or a greater percentage as determined by rule) of the gross earnings of the child model shall be deposited into the account; the funds in the account shall be available only to the child model; the funds shall be held by a bank, corporate fiduciary, or trust company, as those terms are defined in the Corporate Fiduciary Act; and the funds in the account shall become available to the child model upon the child model attaining the age of 18 years. Provides that the Department of Labor shall adopt rules to implement these provisions.

A BILL FOR

AN ACT concerning employment.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Child Labor Law is amended by adding Section 12.5 as follows:

(820 ILCS 205/12.5 new)

Sec. 12.5. Child models; trust fund.

(a) In addition to the requirements of Section 12, the person authorized to issue employment certificates must determine that a trust account that meets the requirements of subsection (b) has been established designating the minor as the beneficiary of the trust account before an employment certificate for work as a model may be issued for a minor under the age of 16 years.

(b) A trust account subject to this Section must provide, at a minimum, the following:

(1) that at least 15%, or greater amount as determined by rule, of the gross earnings of the child model shall be deposited into the account;

(2) that the funds in the account shall be available only to the child model;

(3) that the account shall be held by a bank, corporate fiduciary, or trust company, as those terms are defined in the Corporate Fiduciary Act;

(4) that the funds in the account shall become available to the child model upon the child model attaining the age of 18 years.

(c) The Department of Labor shall adopt rules to implement the provisions of this Section. The rules may specify that a percentage greater than 15% of the child model's income must be placed into the trust account.