Illinois General Assembly - Bill Status for HB4594
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 Bill Status of HB4594  93rd General Assembly


Short Description:  TRUSTS/TRUSTEES-INTERVIVOS

House Sponsors
Rep. Mark H. Beaubien, Jr.

Senate Sponsors
(Sen. Kirk W. Dillard)

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
760 ILCS 5/5.5 new


Synopsis As Introduced
Amends the Illinois Trust and Trustees Act. Provides anti-lapse provisions for gifts to a deceased beneficiary of an inter vivos trust, unless the settlor expressly provides otherwise in his or her trust. Provides that the anti-lapse provisions do not apply to a future interest that is or becomes indefeasibly vested at the settlor's death or at any time thereafter before it takes effect in possession or enjoyment.

Actions 
DateChamber Action
  2/4/2004HouseFiled with the Clerk by Rep. Mark H. Beaubien, Jr.
  2/4/2004HouseFirst Reading
  2/4/2004HouseReferred to Rules Committee
  3/2/2004HouseAssigned to Executive Committee
  3/2/2004HouseMotion to Suspend Rule 25 - Prevailed by Voice Vote
  3/4/2004HouseCommittee Deadline Extended-Rule 9(b) April 2, 2004
  3/31/2004HouseDo Pass / Short Debate Executive Committee; 011-000-000
  3/31/2004HousePlaced on Calendar 2nd Reading - Short Debate
  3/31/2004HouseSecond Reading - Short Debate
  3/31/2004HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/1/2004HouseThird Reading - Short Debate - Passed 118-000-000
  4/6/2004SenateArrive in Senate
  4/6/2004SenatePlaced on Calendar Order of First Reading April 20, 2004
  4/20/2004SenateChief Senate Sponsor Sen. Kirk W. Dillard
  4/20/2004SenateFirst Reading
  4/20/2004SenateReferred to Rules
  1/11/2005HouseSession Sine Die

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