Sign Up
HB 4611 Illinois House · 101st Regular Session

ABLE ACCOUNT PROG-DISTRIBUTION

Summary
Amends the State Treasurer Act. Provides that upon the death of a designated beneficiary, proceeds from an ABLE account may be transferred pursuant to a payable on death account agreement executed by the designated beneficiary or designated representative. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2020
Committee Review
Floor Vote
Governor
Introduced Feb 5, 2020 Last action Jun 23, 2020
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
11
Key actions
1
Committee
4
Jun 23, 2020
Committee
Rule 19(b) / Re-referred to Rules Committee
lower
Feb 26, 2020
Lower · Passed
Do Pass / Short Debate State Government Administration Committee; 010-000-000
lower
Feb 18, 2020
Committee
Assigned to State Government Administration Committee
lower
Feb 5, 2020
Committee
Referred to Rules Committee
lower
0 primary · 3 co-sponsors

Sponsors

No sponsor information available.