Illinois General Assembly - Bill Status for SB1888
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 Bill Status of SB1888  102nd General Assembly

Short Description:  CIV-SUPERSEDEAS BOND

Senate Sponsors
Sen. Don Harmon - Kirk W. Dillard

Last Action
DateChamber Action
  1/12/2011SenateSession Sine Die

Statutes Amended In Order of Appearance
735 ILCS 5/2-1306 new


Synopsis As Introduced
Amends the Code of Civil Procedure by adding a new Section. Provides that in civil litigation under any legal theory, execution of the judgment shall be stayed during appellate review upon the posting of a supersedeas bond set in accordance with law or court rules, except that the total supersedeas bond that is required of all appellants collectively shall not exceed $75,000,000, regardless of the judgment amount. Provides that if an appellee proves that an appellant is dissipating assets outside the ordinary course of business to avoid payment of a judgment, a court may require the appellant to post a supersedeas bond in an amount up to the total judgment amount. Effective immediately.

Senate Committee Amendment No. 1
Replaces everything after the enacting clause with a provision in the Code of Civil Procedure that creates a heading only for a Section concerning supersedeas bonds.

Actions 
DateChamber Action
  2/20/2009SenateFiled with Secretary by Sen. Don Harmon
  2/20/2009SenateFirst Reading
  2/20/2009SenateReferred to Assignments
  3/4/2009SenateAssigned to Judiciary
  3/10/2009SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon
  3/10/2009SenateSenate Committee Amendment No. 1 Referred to Assignments
  3/10/2009SenateSenate Committee Amendment No. 1 Assignments Refers to Judiciary
  3/10/2009SenateSenate Committee Amendment No. 1 Adopted
  3/11/2009SenateDo Pass as Amended Judiciary; 011-000-000
  3/11/2009SenatePlaced on Calendar Order of 2nd Reading March 12, 2009
  3/11/2009SenateAdded as Chief Co-Sponsor Sen. Kirk W. Dillard
  3/30/2009SenateSecond Reading
  3/30/2009SenatePlaced on Calendar Order of 3rd Reading March 31, 2009
  4/3/2009SenateRule 2-10 Third Reading Deadline Established As April 30, 2009
  4/30/2009SenateRule 2-10 Committee Deadline Established As May 31, 2009
  4/30/2009SenateRule 2-10 Third Reading Deadline Established As May 31, 2009
  8/15/2009SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  2/16/2010SenateApproved for Consideration Assignments
  2/16/2010SenatePlaced on Calendar Order of 3rd Reading February 17, 2010
  3/19/2010SenateRule 2-10 Third Reading Deadline Established As March 26, 2010
  3/26/2010SenateRule 2-10 Third Reading Deadline Established As April 15, 2010
  5/5/2010SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Don Harmon
  5/5/2010SenateSenate Floor Amendment No. 2 Referred to Assignments
  5/5/2010SenateSenate Floor Amendment No. 2 Assignments Refers to Executive
  5/6/2010SenateSenate Floor Amendment No. 2 Postponed - Executive
  6/27/2010SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  6/27/2010SenateSenate Floor Amendment No. 2 Re-referred to Assignments; Pursuant to Senate Rule 3-9(b).
  1/12/2011SenateSession Sine Die

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