HB 4640 Illinois House · 96th Regular Session

COUNTIES CD-COUNTY ESCROW FUND

Summary
Amends the Counties Code. Provides that a county treasurer may, after receiving approval from the county board, establish an escrow fund for the safekeeping of moneys paid to the treasurer on behalf of property taxpayers. Protects money in these funds from judgment, attachment, execution, and seizure for the satisfaction of debts. Authorizes county treasurers to establish terms and conditions relating to these funds. Requires interest earned on these funds to be paid to the county treasury to offset administrative costs. Amends the Code of Civil Procedure to exempt qualified moneys in these funds from judgment, attachment, execution, and seizure for the satisfaction of debts. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Oct 2009
Committee Review
Floor Vote
Governor
Introduced Oct 9, 2009 Last action Jan 11, 2011
Floor votes

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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
1
Jan 11, 2011
House · Failed
Session Sine Die
Oct 13, 2009
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Michael G. Connelly
Michael G. Connelly
RRepublican
IL
21