October 3, 2008

To the Honorable Members of the

Illinois Senate

95th General Assembly

Pursuant to Article IV, Section 9(e) of the Illinois Constitution of 1970, I hereby return Senate Bill 2636, entitled “AN ACT concerning property.”, with the following specific recommendation for change:

            on page 4, below line 4, by inserting the following:

“(g) (1) Any person or company offering to identify, discover, or collect presumptively abandoned property or property which may become presumptively abandoned on behalf of the putative owner of such property in exchange for a fee, shall report the property and amount of the fee to the Treasurer within 30 days of collecting a fee.

(2) By March 15 and September 15 of each year, the Treasurer shall prepare and publish electronically on a website accessible from www.treasurer.il.gov a report containing a summary of property and fees reported under this subsection from each person or company who identifies, discovers, or collects presumptively abandoned property or property which may become presumptively abandoned.”.

With this change, Senate Bill 2636 will have my approval. I respectfully request your concurrence. 

Sincerely,

ROD R. BLAGOJEVICH

Governor