Bill Status of SB 2002   98th General Assembly


Short Description:  TRUSTS-EXCLUDED FIDUCIARY

Senate Sponsors
Sen. Kirk W. Dillard

House Sponsors
(Rep. Jil Tracy)


Last Action  View All Actions

DateChamber Action
  8/8/2014SenatePublic Act . . . . . . . . . 98-0866

Statutes Amended In Order of Appearance
5 ILCS 315/1from Ch. 48, par. 1601

Synopsis As Introduced
Amends the Illinois Public Labor Relations Act. Makes a technical change in a Section concerning the short title.

Senate Floor Amendment No. 1
Deletes reference to:
5 ILCS 315/1from Ch. 48, par. 1601
Adds reference to:
760 ILCS 5/16.3

Replaces everything after the enacting clause. Amends the Trusts and Trustees Act. In the definition of "excluded fiduciary", provides that notwithstanding any provision of the Section concerning directed trusts to the contrary, a person does not fail to qualify as an excluded fiduciary solely by reason of having effectuated, participated in, or consented to a transaction invoking the provisions of the Section with respect to any new or existing trust.

Actions 
DateChamber Action
  2/15/2013SenateFiled with Secretary by Sen. Christine Radogno
  2/15/2013SenateFirst Reading
  2/15/2013SenateReferred to Assignments
  3/13/2013SenateAssigned to Executive
  3/20/2013SenateDo Pass Executive; 010-000-000
  3/20/2013SenatePlaced on Calendar Order of 2nd Reading March 21, 2013
  4/12/2013SenateSecond Reading
  4/12/2013SenatePlaced on Calendar Order of 3rd Reading April 16, 2013
  4/29/2013SenateRule 2-10 Third Reading Deadline Established As May 3, 2013
  4/30/2013SenateRe-referred to Assignments
  5/2/2013SenateRule 2-10 Third Reading Deadline Established As May 31, 2013
  3/5/2014SenateApproved for Consideration Assignments
  3/5/2014SenatePlaced on Calendar Order of 3rd Reading March 6, 2014
  4/2/2014SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Kirk W. Dillard
  4/2/2014SenateSenate Floor Amendment No. 1 Referred to Assignments
  4/7/2014SenateChief Sponsor Changed to Sen. Kirk W. Dillard
  4/7/2014SenateSenate Floor Amendment No. 1 Assignments Refers to Judiciary
  4/8/2014SenateSenate Floor Amendment No. 1 Recommend Do Adopt Judiciary; 011-000-000
  4/9/2014SenateRecalled to Second Reading
  4/9/2014SenateSenate Floor Amendment No. 1 Adopted; Dillard
  4/9/2014SenatePlaced on Calendar Order of 3rd Reading
  4/9/2014SenateThird Reading - Passed; 057-000-000
  4/10/2014HouseArrived in House
  4/30/2014HouseChief House Sponsor Rep. Jil Tracy
  5/1/2014HouseFirst Reading
  5/1/2014HouseReferred to Rules Committee
  5/1/2014HouseAssigned to Judiciary
  5/7/2014HouseDo Pass / Short Debate Judiciary; 015-000-000
  5/7/2014HousePlaced on Calendar 2nd Reading - Short Debate
  5/13/2014HouseSecond Reading - Short Debate
  5/13/2014HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/16/2014HouseThird Reading - Short Debate - Passed 104-000-000
  5/16/2014SenatePassed Both Houses
  6/13/2014SenateSent to the Governor
  8/8/2014SenateGovernor Approved
  8/8/2014SenateEffective Date January 1, 2015
  8/8/2014SenatePublic Act . . . . . . . . . 98-0866

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