Illinois General Assembly - Bill Status for SB2783
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 Bill Status of SB2783  99th General Assembly

Short Description:  UNCLAIMED PROPERTY

Senate Sponsors
Sen. Terry Link

House Sponsors
(Rep. Eddie Lee Jackson, Sr.)

Last Action
DateChamber Action
  7/15/2016SenatePublic Act . . . . . . . . . 99-0577

Statutes Amended In Order of Appearance
765 ILCS 1025/8from Ch. 141, par. 108
765 ILCS 1025/8.1from Ch. 141, par. 108.1

Synopsis As Introduced
Amends the Uniform Disposition of Unclaimed Property Act. Decreases the duration from 7 years to 5 years for unclaimed property held by any federal, State, local government or governmental entity to be presumed abandoned.

DateChamber Action
  2/17/2016SenateFiled with Secretary by Sen. Terry Link
  2/17/2016SenateFirst Reading
  2/17/2016SenateReferred to Assignments
  3/1/2016SenateAssigned to Judiciary
  3/9/2016SenateDo Pass Judiciary; 010-000-000
  3/9/2016SenatePlaced on Calendar Order of 2nd Reading March 10, 2016
  3/10/2016SenateSecond Reading
  3/10/2016SenatePlaced on Calendar Order of 3rd Reading March 16, 2016
  4/12/2016SenateThird Reading - Passed; 053-001-000
  4/12/2016HouseArrived in House
  4/15/2016HouseChief House Sponsor Rep. Eddie Lee Jackson, Sr.
  4/15/2016HouseFirst Reading
  4/15/2016HouseReferred to Rules Committee
  4/18/2016HouseAssigned to Judiciary - Civil Committee
  5/4/2016HouseDo Pass / Short Debate Judiciary - Civil Committee; 007-000-000
  5/4/2016HousePlaced on Calendar 2nd Reading - Short Debate
  5/10/2016HouseSecond Reading - Short Debate
  5/10/2016HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/12/2016HouseThird Reading - Short Debate - Passed 115-000-000
  5/12/2016SenatePassed Both Houses
  6/10/2016SenateSent to the Governor
  7/15/2016SenateGovernor Approved
  7/15/2016SenateEffective Date January 1, 2017
  7/15/2016SenatePublic Act . . . . . . . . . 99-0577

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