Illinois General Assembly

Previous General Assemblies

 Bill Status of SB2602  98th General Assembly


Short Description:  AABD-RESOURCES-WARD OF COURT

Senate Sponsors
Sen. Heather A. Steans and Michael E. Hastings

Last Action
DateChamber Action
  1/13/2015SenateSession Sine Die

Statutes Amended In Order of Appearance
305 ILCS 5/3-1.2from Ch. 23, par. 3-1.2


Synopsis As Introduced
Amends the Illinois Public Aid Code. In a provision concerning irrevocable trusts and financial exemptions under the Aid to the Aged, Blind, or Disabled program, provides that after a person reaches age 65, any funding by or on behalf of the person to the trust shall be treated as a transfer of assets for less than fair market value unless the person is a ward of the court, a county public guardian, or the State Guardian (rather than a ward of a county public guardian or the State Guardian) and lives in the community, or the person is a ward of the court, a county public guardian, or the State Guardian (rather than a ward of a county public guardian or the State Guardian) and a court has found that any expenditures from the trust will maintain or enhance the person's quality of life.

Actions 
DateChamber Action
  10/9/2013SenateFiled with Secretary by Sen. Heather A. Steans
  10/9/2013SenateFirst Reading
  10/9/2013SenateReferred to Assignments
  10/18/2013SenateAdded as Co-Sponsor Sen. Michael E. Hastings
  1/13/2015SenateSession Sine Die

Back To Top