Illinois General Assembly - Bill Status for HB4601
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 Bill Status of HB4601  99th General Assembly


Short Description:  UNCLAIMED PROP-ACCOUNTS, OWNER

House Sponsors
Rep. Thomas M. Bennett

Last Action
DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
765 ILCS 1025/2from Ch. 141, par. 102
765 ILCS 1025/2afrom Ch. 141, par. 102a


Synopsis As Introduced
Amends the Uniform Disposition of Unclaimed Property Act. Provides that certain property is presumed abandoned after 8 (instead of 5) years. Provides that property is not presumed abandoned if the owner of the property was the recipient of a federal taxable interest statement that was not returned to the sender, a dividend check that was cashed, or any automatic transactions, including dividend investments.

Actions 
DateChamber Action
  1/28/2016HouseFiled with the Clerk by Rep. Thomas M. Bennett
  1/28/2016HouseFirst Reading
  1/28/2016HouseReferred to Rules Committee
  3/23/2016HouseAssigned to Financial Institutions Committee
  4/8/2016HouseCommittee Deadline Extended-Rule 9(b) April 22, 2016
  4/22/2016HouseRule 19(a) / Re-referred to Rules Committee
  1/10/2017HouseSession Sine Die

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