PERSICO-OSMOND-RIGHTER. (DILLARD) 760 ILCS 5/1 from Ch. 17, par. 1651 Amends the Trusts and Trustees Act. Makes technical changes in a Section concerning the Act's short title. HOUSE AMENDMENT NO. 3. Deletes reference to: 760 ILCS 5/1 Adds reference to: 760 ILCS 5/5.3 new Deletes everything. Amends the Trusts and Trustees Act. Provides that a trustee may, but is not required to, invest for total return. Contains provisions concerning: criteria for investing for total return; crediting the income of the trust when a trustee invests for total return; limitations on questioning a trustee's judgment; and notice to primary beneficiaries of an election to invest for total return. FEB-07-2001 H FILED WITH CLERK FEB-07-2001 H FIRST READING FEB-07-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-15-2001 H ASSIGNED TO COMMITTEE EXECUTIVE MAR-15-2001 H PRIMARY SPONSOR CHANGED TO DANIELS MAR-15-2001 H ADDED AS A JOINT SPONSOR PERSICO MAR-19-2001 H DO PASS/SHORT DEBATE 013-000-000 HEXC MAR-19-2001 H PLACED CALENDAR 2ND READING-SHORT DEBATE MAR-20-2001 H AMENDMENT NO. 01-PERSICO MAR-20-2001 H AMENDMENT REFERRED TO HRUL MAR-20-2001 H CALENDAR ORDER 2ND READING-SHORT DEBATE MAR-29-2001 H PRIMARY SPONSOR CHANGED TO PERSICO MAR-30-2001 H AMENDMENT NO. 02-PERSICO MAR-30-2001 H AMENDMENT REFERRED TO HRUL MAR-30-2001 H CALENDAR ORDER 2ND READING-SHORT DEBATE APR-03-2001 H AMENDMENT NO. 03-PERSICO APR-03-2001 H AMENDMENT REFERRED TO HRUL APR-03-2001 H CALENDAR ORDER 2ND READING-SHORT DEBATE APR-04-2001 H AMENDMENT NO. 03-PERSICO APR-04-2001 H RULES REFERS TO HJUA APR-04-2001 H SECOND READING-SHORT DEBATE APR-04-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE APR-05-2001 H AMENDMENT NO. 03-PERSICO APR-05-2001 H RECOMMENDS BE ADOPTED HJUA/013-000-000 APR-05-2001 H ADDED AS A JOINT SPONSOR OSMOND APR-05-2001 H ADDED AS A JOINT SPONSOR RIGHTER APR-05-2001 H AMENDMENT NO. 03-PERSICO APR-05-2001 H ADOPTED APR-05-2001 H PLCD CAL ORDER 3RD READING-SHORT DEBATE APR-06-2001 H TABLED PURSUANT TO RULE 40(a) HA'S #1 & 2 APR-06-2001 H THIRD READING/SHORT DEBATE/PASSED 115-000-000 APR-06-2001 S ARRIVE IN SENATE APR-06-2001 S PLACED CALENDAR ORDER OF FIRST READING 01-04-17 APR-17-2001 S CHIEF SPONSOR DILLARD APR-18-2001 S FIRST READING APR-18-2001 S REFERRED TO SENATE RULES COMMITTEE RULES APR-25-2001 S ASSIGNED TO COMMITTEE JUDICIARY MAY-02-2001 S HELD IN COMMITTEE MAY-09-2001 S POSTPONED MAY-09-2001 S COMMITTEE JUDICIARY MAY-12-2001 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary