PRE-NEED TRUST ABANDONMENT
Summary
Amends the Revised Uniform Unclaimed Property Act to exclude, from the scope of the term "property", funds on deposit or held in trust under the Illinois Pre-Need Cemetery Sales Act. Amends the Illinois Pre-Need Cemetery Sales Act to provide that amounts attributable to undelivered merchandise or unprovided services that are held in trust may be presumptively abandoned. Sets forth the terms for presumptive abandonment. Requires the remittance of presumptively abandoned funds to the Comptroller for deposit into the Cemetery Consumer Protection Fund.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2018
Committee Review
Floor Vote
Governor
Introduced Feb 16, 2018
Last action Jan 9, 2019
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
18
Key actions
3
Committee
7
Amendments
2
May 31, 2018
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Apr 27, 2018
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Apr 11, 2018
Upper · Passed
Do Pass as Amended Judiciary; 007-004-000
upper
Apr 10, 2018
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
Apr 10, 2018
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Judiciary
upper
Apr 5, 2018
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Apr 5, 2018
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Antonio Muñoz
upper
Feb 27, 2018
Committee
Assigned to Judiciary
upper
Feb 16, 2018
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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