Date	Chamber	Action
1/13/2009	Senate	Session Sine Die

Statutes Amended In Order of Appearance

225 ILCS 45/1a

from Ch. 111 1/2, par. 73.101a

225 ILCS 45/1a-1

225 ILCS 45/1a-2 new

225 ILCS 45/1b

from Ch. 111 1/2, par. 73.101b

30 ILCS 105/5.708 new

Synopsis As Introduced
Amends the Illinois Funeral or Burial Funds Act. Removes references to finance charges from the definition of "sales proceeds" and "purchase price". Allows a purchaser to cancel a pre-need contract within 30 days after all parties have signed the contract and receive 100% of all payments made under the contract. Creates the Pre-need Funeral Contract Guarantee Fund, into which $5 from each pre-need contract sold by a licensee under the Act shall be deposited. Provides that the Fund shall be used by the Comptroller to pay restitution to purchasers who are unable to receive the benefits of a pre-need contract or to receive the funds due by reason of cancellation of a pre-need contract. Removes an exception that allows a trustee to be the seller or provider of funeral services or merchandise. Makes other changes. Amends the State Finance Act to establish the new Fund.

Actions 

Date	Chamber	Action
2/14/2008	Senate	Filed with Secretary by Sen. Pamela J. Althoff
2/14/2008	Senate	First Reading
2/14/2008	Senate	Referred to Rules
3/5/2008	Senate	Assigned to State Government and Veterans Affairs
3/13/2008	Senate	Postponed - State Government and Veterans Affairs
3/14/2008	Senate	Rule 3-9(a) / Re-referred to Rules
1/13/2009	Senate	Session Sine Die

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