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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008 HB2508
Introduced 2/26/2007, by Rep. Michael J. Madigan - Barbara Flynn Currie SYNOPSIS AS INTRODUCED: |
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Amends the Shelter Residents Protection Act. Makes a technical change in a
Section concerning homeless persons' savings accounts.
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A BILL FOR
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HB2508 |
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LRB095 01278 DRJ 21280 b |
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| AN ACT concerning housing.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Shelter Residents Protection Act is amended |
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| by changing Section 5 as follows:
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| (310 ILCS 80/5)
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| Sec. 5. Homeless persons; savings.
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| (a) If a homeless person resides at a shelter, that
that
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| person may open a
passbook savings account at a bank or savings |
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| and loan association subject to
the requirements imposed by the |
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| bank or savings and loan association. In the
alternative, the |
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| homeless person may enter into a written agreement with the
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| shelter in which he or she resides; the agreement may provide |
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| that the shelter
will accept and hold moneys belonging to the |
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| homeless person. Under such an
agreement, the shelter shall do |
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| the following:
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| (1) Place the moneys in a non-interest bearing account |
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| for the
homeless person, at no cost to that person.
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| (2) Segregate, from all other moneys or accounts held |
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| or maintained by
the shelter, moneys accepted from and held |
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| for homeless persons.
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| (3) Maintain, separately for each homeless person with |
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| whom an
agreement is made under this Section, an accurate |