Illinois General Assembly - Bill Status for SB3631

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Bill Status of SB3631 102nd General Assembly

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Short Description: CIV PRO-SUPERSEDEAS BOND

Senate Sponsors
Sen. Kirk W. Dillard

Last Action

Date	Chamber	Action
1/12/2011	Senate	Session 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 $150,000,000, 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.

Actions

Date	Chamber	Action
2/11/2010	Senate	Filed with Secretary by Sen. Kirk W. Dillard
2/11/2010	Senate	First Reading
2/11/2010	Senate	Referred to Assignments
2/24/2010	Senate	Assigned to Judiciary
3/3/2010	Senate	To Judiciary Subcommittee on Civil Process and Procedure
3/5/2010	Senate	Rule 2-10 Committee Deadline Established As March 19, 2010
3/19/2010	Senate	Rule 3-9(a) / Re-referred to Assignments
1/12/2011	Senate	Session Sine Die

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