House Sponsors: HASSERT. Short description: TRUSTS & POD ACCT-BENEFICIARY Synopsis of Bill as introduced: Amends the Illinois Trust and Payable on Death Account Act. Provides that a charitable organization, a corporation, a partnership, a joint venture, a trust, an estate, or an unincorporated association may be the beneficiary of a trust or a designated owner of a payable on death account. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status