Illinois General Assembly - Bill Status for SB1246

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Bill Status of SB1246 103rd General Assembly

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Short Description: JUDGMENT-EXEMPT PROPERTY

Senate Sponsors
Sen. Scott M. Bennett - Patricia Van Pelt - Michael Connelly - Jacqueline Y. Collins and Jennifer Bertino-Tarrant

House Sponsors
(Rep. Kelly M. Burke - Camille Y. Lilly)

Last Action

Date	Chamber	Action
8/17/2018	Senate	Public Act . . . . . . . . . 100-0922

Statutes Amended In Order of Appearance

735 ILCS 5/12-1001

from Ch. 110, par. 12-1001

Synopsis As Introduced
Amends the Code of Civil Procedure. Adds, to the list of personal property that is exempt from judgment, attachment, or distress for rent, moneys held in educational expense accounts and similar types of educational savings accounts, including, but not limited to, funds invested in an ABLE Account as defined by Section 529 of the Internal Revenue Code and funds invested in a 529 Plan as defined by Section 529 of the Internal Revenue Code.

Senate Committee Amendment No. 1
Adds, to the list of personal property that is exempt from judgment, attachment, or distress for rent, funds invested in an ABLE Account as defined by Section 529 of the Internal Revenue Code. Deletes the reference to moneys held in educational expense accounts and similar types of educational savings accounts, including, but not limited to, funds invested in a 529 Plan as defined by Section 529 of the Internal Revenue Code.

Actions

Date	Chamber	Action
2/7/2017	Senate	Filed with Secretary by Sen. Scott M. Bennett
2/7/2017	Senate	First Reading
2/7/2017	Senate	Referred to Assignments
2/15/2017	Senate	Assigned to Judiciary
3/8/2017	Senate	Postponed - Judiciary
3/15/2017	Senate	Postponed - Judiciary
3/17/2017	Senate	Rule 2-10 Committee Deadline Established As April 7, 2017
3/29/2017	Senate	Postponed - Judiciary
4/6/2017	Senate	Postponed - Judiciary
4/6/2017	Senate	Added as Chief Co-Sponsor Sen. Patricia Van Pelt
4/7/2017	Senate	Rule 3-9(a) / Re-referred to Assignments
4/26/2017	Senate	Added as Co-Sponsor Sen. Jennifer Bertino-Tarrant
3/14/2018	Senate	Re-assigned to Judiciary
3/14/2018	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Scott M. Bennett
3/14/2018	Senate	Senate Committee Amendment No. 1 Referred to Assignments
4/4/2018	Senate	Senate Committee Amendment No. 1 Assignments Refers to Judiciary
4/10/2018	Senate	Senate Committee Amendment No. 1 Adopted
4/11/2018	Senate	Do Pass as Amended Judiciary; 008-000-000
4/11/2018	Senate	Placed on Calendar Order of 2nd Reading April 12, 2018
4/16/2018	Senate	Added as Chief Co-Sponsor Sen. Michael Connelly
4/23/2018	Senate	Second Reading
4/23/2018	Senate	Placed on Calendar Order of 3rd Reading April 24, 2018
4/26/2018	Senate	Third Reading - Passed; 052-000-000
4/26/2018	House	Arrived in House
4/26/2018	House	Chief House Sponsor Rep. Kelly M. Burke
4/26/2018	House	First Reading
4/26/2018	House	Referred to Rules Committee
5/7/2018	House	Assigned to Judiciary - Civil Committee
5/9/2018	Senate	Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
5/9/2018	House	To Commercial Law Subcommittee
5/16/2018	House	Recommends Do Pass Subcommittee/ Judiciary - Civil Committee; 004-000-000
5/16/2018	House	Reported Back To Judiciary - Civil Committee;
5/16/2018	House	Do Pass / Short Debate Judiciary - Civil Committee; 011-000-000
5/16/2018	House	Added Alternate Chief Co-Sponsor Rep. Camille Y. Lilly
5/17/2018	House	Placed on Calendar 2nd Reading - Short Debate
5/18/2018	House	Second Reading - Short Debate
5/18/2018	House	Placed on Calendar Order of 3rd Reading - Short Debate
5/21/2018	House	Third Reading - Short Debate - Passed 100-000-000
5/21/2018	Senate	Passed Both Houses
6/19/2018	Senate	Sent to the Governor
8/17/2018	Senate	Governor Approved
8/17/2018	Senate	Effective Date January 1, 2019
8/17/2018	Senate	Public Act . . . . . . . . . 100-0922

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