Illinois General Assembly - Bill Status for HB1136
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 Bill Status of HB1136  94th General Assembly


House Sponsors
Rep. Randall M. Hultgren

Last Action
DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
760 ILCS 5/4from Ch. 17, par. 1654
760 ILCS 5/4.26 new

Synopsis As Introduced
Amends the Trusts and Trustees Act. Permits a trustee to terminate a trust if it has a market value of less than $100,000 and the costs of continuing the trust will substantially impair the purpose of the trust. Outlines how distribution shall be made. Provides that a trustee who is an income beneficiary may not participate as a trustee in the exercise of termination power. Effective immediately.

DateChamber Action
  2/8/2005HouseFiled with the Clerk by Rep. Randall M. Hultgren
  2/8/2005HouseFirst Reading
  2/8/2005HouseReferred to Rules Committee
  2/10/2005HouseAssigned to Judiciary I - Civil Law Committee
  2/16/2005HouseRe-assigned to Executive Committee
  3/10/2005HouseRule 19(a) / Re-referred to Rules Committee
  1/9/2007HouseSession Sine Die

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