Bill Status of SB2769  94th General Assembly


Short Description:  UNCLAIMED PROP TREASURER

Senate Sponsors
Sen. Dan Rutherford

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

Statutes Amended In Order of Appearance
765 ILCS 1025/15from Ch. 141, par. 115
765 ILCS 1025/20from Ch. 141, par. 120


Synopsis As Introduced
Amends the Uniform Disposition of Unclaimed Property Act. Provides that interest earned on property held in the unclaimed property trust fund or the State pensions fund may be paid to the owner, at the discretion of the State Treasurer. Provides that if a claim for unclaimed property is allowed, the Treasurer may (now, shall) deduct $20 or less to cover expenses. Provides that the State Treasurer shall pay the allowed claim as soon as practicable (now, forthwith).

Actions 
DateChamber Action
  1/20/2006SenateFiled with Secretary by Sen. Dan Rutherford
  1/20/2006SenateFirst Reading
  1/20/2006SenateReferred to Rules
  1/9/2007SenateSession Sine Die