RUTHERFORD-FLOWERS-OSMOND-DAVIS,MONIQUE-BASSI. (SULLIVAN-SIEBEN-GEO-KARIS-MAITLAND-MYERS,J) 15 ILCS 505/0.02 new 15 ILCS 505/0.03 new 15 ILCS 505/0.04 new 15 ILCS 505/0.05 new 15 ILCS 505/0.06 new 20 ILCS 1205/7 from Ch. 17, par. 108 20 ILCS 1205/18.1 new 205 ILCS 5/65 from Ch. 17, par. 377 205 ILCS 305/62 from Ch. 17, par. 4463 205 ILCS 405/19.3 from Ch. 17, par. 4838 205 ILCS 620/6-14 from Ch. 17, par. 1556-14 215 ILCS 5/210 from Ch. 73, par. 822 755 ILCS 5/2-1 from Ch. 110 1/2, par. 2-1 755 ILCS 5/2-2 from Ch. 110 1/2, par. 2-2 765 ILCS 1025/0.05 new 765 ILCS 1025/1 from Ch. 141, par. 101 765 ILCS 1025/2 from Ch. 141, par. 102 765 ILCS 1025/10.5 765 ILCS 1025/11 from Ch. 141, par. 111 765 ILCS 1025/11.5 765 ILCS 1025/12 from Ch. 141, par. 112 765 ILCS 1025/13 from Ch. 141, par. 113 765 ILCS 1025/14 from Ch. 141, par. 114 765 ILCS 1025/15 from Ch. 141, par. 115 765 ILCS 1025/16 from Ch. 141, par. 116 765 ILCS 1025/17 from Ch. 141, par. 117 765 ILCS 1025/18 from Ch. 141, par. 118 765 ILCS 1025/19 from Ch. 141, par. 119 765 ILCS 1025/20 from Ch. 141, par. 120 765 ILCS 1025/21 from Ch. 141, par. 121 765 ILCS 1025/22 from Ch. 141, par. 122 765 ILCS 1025/23 from Ch. 141, par. 123 765 ILCS 1025/23.5 765 ILCS 1025/24 from Ch. 141, par. 124 765 ILCS 1025/24.5 765 ILCS 1025/25 from Ch. 141, par. 125 765 ILCS 1025/25.5 765 ILCS 1025/26 from Ch. 141, par. 126 805 ILCS 5/12.70 from Ch. 32, par. 12.70 805 ILCS 105/112.70 from Ch. 32, par. 112.70 Amends the State Treasurer Act and the Uniform Disposition of Unclaimed Property Act to transfer the administration of the Uniform Disposition of Unclaimed Property Act from the Department of Financial Institutions to the State Treasurer. Amends the Financial Institutions Code, the Illinois Banking Act, the Illinois Credit Union Act, the Currency Exchange Act, the Corporate Fiduciary Act, the Illinois Insurance Code, the Probate Act of 1975, the Business Corporation Act of 1983, and the General Not For Profit Corporation Act of 1986 to make corresponding changes. Effective July 1, 1999, but the provisions authorizing the transfer on July 1, 1999 take effect immediately. FISCAL NOTE (State Treasurer) HB1281 will have no impact on the State's resources. HOUSE AMENDMENT NO. 1. Deletes reference to: 20 ILCS 1205/7 Adds reference to: 30 ILCS 105/8.12 from Ch. 17, par. 359 205 ILCS 5/48 Provides that, rather than be transferred to the State Treasurer, the rights, powers, duties, and functions involving the examination of the records of any person that the State Treasurer has reason to believe has failed to report properly under this Act shall be transferred to the Office of Banks and Real Estate if the person is doing business in the State under the supervision of the Office of Banks and Real Estate and shall be retained by the Department of Financial Institutions if the person is doing business in the State under the supervision of the Department of Financial Institutions, the National Credit Union Administration, the Office of Thrift Supervision, or the Comptroller of the Currency. Makes provision for the rights of transferred employees under collective bargaining agreements. Makes other changes to reflect the administration of the Act by the 3 different agencies. Amends the State Finance Act. In provisions authorizing the General Assembly to appropriate funds from the State Pension Fund for the administration of the Uniform Disposition of Unclaimed Property Act provides that the State Treasurer and the State Comptroller shall transfer funds from the State Pension Fund to other Funds to reimburse the Office of Banks and Real Estate and the Department of Financial Institutions for conducting unclaimed property examinations. Further amends the Illinois Banking Act. In provisions setting Call Report Fees for bank inspections, provides that an examination conducted at the request of the State Treasurer pursuant to the Uniform Disposition of Unclaimed Property Act shall not be deemed to be an additional examination under these provisions. Provides that included in the Commissioner of Banks and Real Estate's contingent fee are any amounts transferred into the Bank and Trust Company Fund from the State Pensions Fund for that year. 99-02-17 H FILED WITH CLERK 99-02-17 H FIRST READING 99-02-17 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-18 H ASSIGNED TO COMMITTEE CONST OFFICER 99-02-22 H ADDED AS A JOINT SPONSOR FLOWERS 99-02-22 H ADDED AS A JOINT SPONSOR OSMOND 99-02-25 H DO PASS/SHORT DEBATE 011-000-000 HCOF 99-02-25 H PLACED CALENDAR 2ND READING-SHORT DEBATE 99-02-26 H FISCAL NOTE FILED 99-02-26 H CALENDAR ORDER 2ND READING-SHORT DEBATE 99-03-12 H JOINT-SPONSOR CHANGED TO DAVIS,MONIQUE 99-03-12 H JOINT-SPONSOR CHANGED TO BASSI 99-03-16 H SECOND READING-SHORT DEBATE 99-03-16 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 99-03-17 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 99-03-24 H RECALLED TO SECOND READING-SHORT DEBATE 99-03-24 H AMENDMENT NO. 01-RUTHERFORD 99-03-24 H AMENDMENT REFERRED TO HRUL 99-03-24 H RECOMMENDS BE ADOPTED HRUL 99-03-24 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 99-03-25 H AMENDMENT NO. 01-RUTHERFORD 99-03-25 H ADOPTED 99-03-25 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 99-03-25 H THIRD READING/SHORT DEBATE/PASSED 081-033-000 99-03-26 S ARRIVE IN SENATE 99-03-26 S PLACED CALENDAR ORDER OF FIRST READING 99-04-14 99-03-26 S CHIEF SPONSOR SULLIVAN 99-03-30 S ADDED AS A CHIEF CO-SPONSOR SIEBEN 99-04-14 S FIRST READING 99-04-14 S REFERRED TO SENATE RULES COMMITTEE RULES 99-04-14 S ASSIGNED TO COMMITTEE FIN INST 99-04-15 S ADDED AS A CHIEF CO-SPONSOR GEO-KARIS 99-04-15 S ADDED AS A CHIEF CO-SPONSOR MAITLAND 99-04-15 S ADDED AS A CHIEF CO-SPONSOR MYERS,J 99-04-15 S ADDED AS A CO-SPONSOR DELEO 99-04-15 S ADDED AS A CO-SPONSOR DILLARD 99-04-16 S ADDED AS A CO-SPONSOR PETERSON 99-04-22 S ADDED AS A CO-SPONSOR HENDON 99-04-29 S DO PASS 009-000-000 SFIC 99-04-29 S PLACED ON CALENDAR ORDER OF 2ND READING 99-05-04 99-05-12 S SECOND READING 99-05-12 S PLACED ON CALENDAR ORDER OF 3RD READING 99-05-13 99-05-13 S THIRD READING - PASSED 055-001-001 99-05-13 H PASSED BOTH HOUSES 99-05-18 H SENT TO THE GOVERNOR 99-06-04 H GOVERNOR APPROVED 99-06-04 H EFFECTIVE DATE 99-06-04 99-06-04 H EFFECTIVE DATE 99-07-01 99-06-04 H (SOME PARTS) 99-06-04 H PUBLIC ACT.............................. 91-0016 END OF INQUIRY Full Text Bill Summary