House Sponsors: PERSICO-OSMOND-RIGHTER. Senate Sponsors: DILLARD Short description: TRUSTS-TECH Synopsis of Bill as introduced: 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. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0 END OF INQUIRY Full Text Bill Status