SB 2524 Illinois Senate · 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
Jan 2010
Committee Review
Floor Vote
Governor
Introduced Jan 12, 2010 Last action Jan 12, 2011
Floor votes

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Full legislative history

Actions timeline

Total actions
11
Key actions
0
Committee
3
Jan 12, 2011
Senate · Failed
Session Sine Die
Mar 8, 2010
Senate · Referred to committee
Rule 3-9(a) / Re-referred to Assignments
Feb 10, 2010
Senate · Referred to committee
Assigned to Local Government
Jan 12, 2010
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Dan Cronin
Dan Cronin
RRepublican
IL
21