Illinois General Assembly - Bill Status for HB3325

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Bill Status of HB3325 99th General Assembly

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Short Description: PRESUMPTIVELY VOID TRANSFERS

House Sponsors
Rep. Ann M. Williams

Last Action

Date	Chamber	Action
1/10/2017	House	Session Sine Die

Statutes Amended In Order of Appearance

Synopsis As Introduced
Amends the Presumptively Void Transfers Article of the Probate Act of 1975. Replaces references to the term "transfer instrument" with "transfer". Changes the definitions of "caregiver", "family member", "transfer", "transferee", and "transferor". Provides that if the property in question is an interest in real property, a purchaser or mortgagee for value and without notice, before the recordation of a lis pendens for an action, shall take free and clear of the action. Effective immediately.

Actions

Date	Chamber	Action
2/26/2015	House	Filed with the Clerk by Rep. Ann M. Williams
2/26/2015	House	First Reading
2/26/2015	House	Referred to Rules Committee
1/10/2017	House	Session Sine Die

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