IL HB1636 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Engrossed on March 23 2023 - 50% progression
Action: 2023-03-27 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

Reinserts the provisions of the introduced bill with the following changes. In provisions concerning executors administering the estate of a decedent, provides that any person, corporation, or financial institution that conducts business or performs transactions on behalf of or at the direction of an executor or administrator with the will annexed shall be fully protected and released from liability to the same extent that the executor or administrator with the will annexed would be if the executor or administrator with the will annexed was lawfully authorized to conduct the business or perform the transaction, unless the person, corporation, or financial institution had actual knowledge that the executor or administer was not acting upon lawful authority.

Tracking Information

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Title

BANKING&PROBATE-FINANCE/NOTICE

Sponsors


Roll Calls

2023-03-23 - House - Third Reading in House (Y: 109 N: 0 NV: 1 Abs: 1) [PASS]

History

DateChamberAction
2023-03-27SenateReferred to Assignments
2023-03-27SenateFirst Reading
2023-03-27SenateChief Senate Sponsor Sen. Meg Loughran Cappel
2023-03-24SenatePlaced on Calendar Order of First Reading March 28, 2023
2023-03-24SenateArrive in Senate
2023-03-23HouseThird Reading - Short Debate - Passed 109-000-000
2023-03-22HousePlaced on Calendar Order of 3rd Reading - Short Debate
2023-03-22HouseSecond Reading - Short Debate
2023-03-22HouseHouse Floor Amendment No. 1 Adopted
2023-03-21HouseHouse Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee; 012-000-000
2023-03-15HouseHouse Floor Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee
2023-03-14HouseHouse Floor Amendment No. 1 Referred to Rules Committee
2023-03-14HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Mark L. Walker
2023-03-08HousePlaced on Calendar 2nd Reading - Short Debate
2023-03-07HouseDo Pass / Short Debate Financial Institutions and Licensing Committee; 012-000-000
2023-02-15HouseAssigned to Financial Institutions and Licensing Committee
2023-02-01HouseReferred to Rules Committee
2023-02-01HouseFirst Reading
2023-02-01HouseFiled with the Clerk by Rep. Mark L. Walker

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2052054013Amended CodeCitation Text
20530510Amended CodeCitation Text
205548.1Amended CodeCitation Text
2056254Amended CodeCitation Text
20570510Amended CodeCitation Text
75556-15Amended CodeCitation Text

Illinois State Sources


Bill Comments

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