Date	Chamber	Action
2/23/2006	House	Referred to Rules Committee

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. Provides that moneys held in an account invested in the Illinois College Savings Pool of which the debtor is a participant or donor is personal property that is exempt from judgment, attachment, or distress from rent except for: (i) contributions to the account made with the intent to hinder, delay, or defraud any creditor, (ii) certain contributions to the account made during the 365 day period prior to the date of the debtor filing for bankruptcy in excess of the annual gift tax exclusion; or (iii) certain contributions to the account made during the 730 to 366 day period prior to the date of the debtor filing for bankruptcy in excess of the annual gift tax exclusion.

Senate Committee Amendment No. 1

	Adds reference to:
	15 ILCS 505/16.5

Deletes everything after the enacting clause. Reinserts the provisions of the Bill as introduced. Amends the State Treasurer Act to provide that moneys held in an account invested in the Illinois College Savings Pool shall be exempt from all claims of the creditors of the participant, donor, or designated beneficiary of that account, except for non-exempt College Savings Pool transfers to or from the account. Defines "participant" and "donor".

Actions 

Date	Chamber	Action
1/12/2006	Senate	Filed with Secretary by Sen. John J. Cullerton
1/12/2006	Senate	First Reading
1/12/2006	Senate	Referred to Rules
2/8/2006	Senate	Assigned to Judiciary
2/9/2006	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton
2/9/2006	Senate	Senate Committee Amendment No. 1 Referred to Rules
2/14/2006	Senate	Senate Committee Amendment No. 1 Rules Refers to Judiciary
2/14/2006	Senate	Senate Committee Amendment No. 1 Adopted
2/15/2006	Senate	Do Pass as Amended Judiciary; 010-000-000
2/15/2006	Senate	Placed on Calendar Order of 2nd Reading February 16, 2006
2/15/2006	Senate	Added as Chief Co-Sponsor Sen. Christine Radogno
2/16/2006	Senate	Second Reading
2/16/2006	Senate	Placed on Calendar Order of 3rd Reading February 22, 2006
2/22/2006	Senate	Added as Co-Sponsor Sen. Edward D. Maloney
2/22/2006	Senate	Third Reading - Passed; 052-000-000
2/22/2006	House	Arrived in House
2/22/2006	House	Placed on Calendar Order of First Reading
2/23/2006	House	Chief House Sponsor Rep. Kevin A. McCarthy
2/23/2006	House	First Reading
2/23/2006	House	Referred to Rules Committee

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