Date	Chamber	Action
1/8/2013	Senate	Session Sine Die

Statutes Amended In Order of Appearance

760 ILCS 5/16.3 new

760 ILCS 5/16.4 new

760 ILCS 5/16.5 new

760 ILCS 5/16.6 new

760 ILCS 5/16.7 new

Synopsis As Introduced
Amends the Trusts and Trustees Act. Adds provisions authorizing an investment trust advisor, distribution trust advisor, and trust protector to be designated in the governing instrument of a trust. Adds provisions concerning the powers of an authorized trustee who has the absolute discretion to invade the principal of a trust. Adds provisions authorizing establishment of a Domestic Asset Protection Trust. Adds provisions concerning the modification or termination of an irrevocable trust. Contains provisions concerning definitions, conditions and requirements, applicability, and other matters. Effective immediately.

Senate Floor Amendment No. 3
Replaces everything after the enacting clause with only the provisions of the bill as introduced that concern directed trusts and the application of the directed trust provisions. Effective immediately.

Actions 

Date	Chamber	Action
2/8/2011	Senate	Filed with Secretary by Sen. Kirk W. Dillard
2/8/2011	Senate	First Reading
2/8/2011	Senate	Referred to Assignments
3/2/2011	Senate	Assigned to Judiciary
3/9/2011	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Kirk W. Dillard
3/9/2011	Senate	Senate Committee Amendment No. 1 Referred to Assignments
3/10/2011	Senate	Postponed - Judiciary
3/14/2011	Senate	Senate Committee Amendment No. 2 Filed with Secretary by Sen. Kirk W. Dillard
3/14/2011	Senate	Senate Committee Amendment No. 2 Referred to Assignments
3/14/2011	Senate	Senate Committee Amendment No. 1 Assignments Refers to Judiciary
3/15/2011	Senate	Senate Committee Amendment No. 1 Postponed - Judiciary
3/15/2011	Senate	Do Pass Judiciary; 009-000-000
3/15/2011	Senate	Placed on Calendar Order of 2nd Reading March 16, 2011
3/18/2011	Senate	Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
3/22/2011	Senate	Senate Floor Amendment No. 3 Filed with Secretary by Sen. Kirk W. Dillard
3/22/2011	Senate	Senate Floor Amendment No. 3 Referred to Assignments
3/29/2011	Senate	Senate Floor Amendment No. 3 Assignments Refers to Judiciary
3/29/2011	Senate	Second Reading
3/29/2011	Senate	Placed on Calendar Order of 3rd Reading March 30, 2011
3/29/2011	Senate	Senate Floor Amendment No. 3 Recommend Do Adopt Judiciary; 006-000-000
3/31/2011	Senate	Recalled to Second Reading
3/31/2011	Senate	Senate Floor Amendment No. 3 Adopted; Dillard
3/31/2011	Senate	Placed on Calendar Order of 3rd Reading April 6, 2011
4/13/2011	Senate	Third Reading - Passed; 058-000-000
4/13/2011	Senate	Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
4/13/2011	Senate	Senate Committee Amendment No. 2 Tabled Pursuant to Rule 5-4(a)
4/13/2011	House	Arrived in House
4/14/2011	House	Placed on Calendar Order of First Reading
4/14/2011	House	Chief House Sponsor Rep. Mark H. Beaubien, Jr.
4/14/2011	House	Referred to Rules Committee
4/21/2011	House	Assigned to Executive Committee
5/13/2011	House	Committee Deadline Extended-Rule 9(b) May 20, 2011
5/20/2011	House	Final Action Deadline Extended-9(b) May 27, 2011
5/27/2011	House	Final Action Deadline Extended-9(b) May 31, 2011
5/31/2011	House	Rule 19(a) / Re-referred to Rules Committee
1/8/2013	Senate	Session Sine Die

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