IL HB4611 | 2019-2020 | 101st General Assembly

Illinois House Bill 4611 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 5 2020 - 25% progression, died in committee
Action: 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Engrossed) [HTML]

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.

Title

ABLE ACCOUNT PROG-DISTRIBUTION

History

Date	Chamber	Action
2020-06-23	House	Rule 19(b) / Re-referred to Rules Committee
2020-03-04	House	Placed on Calendar Order of 3rd Reading - Short Debate
2020-03-04	House	Second Reading - Short Debate
2020-02-27	House	Placed on Calendar 2nd Reading - Short Debate
2020-02-26	House	Do Pass / Short Debate State Government Administration Committee; 010-000-000
2020-02-26	House	Added Co-Sponsor Rep. Mary Edly-Allen
2020-02-18	House	Assigned to State Government Administration Committee
2020-02-18	House	Added Co-Sponsor Rep. Gregory Harris
2020-02-05	House	Referred to Rules Committee
2020-02-05	House	First Reading
2020-02-05	House	Filed with the Clerk by Rep. Bob Morgan

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
15	505	16.6	Amended Code	Citation Text

Illinois State Sources

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4611&GAID=15&DocTypeID=HB&SessionID=108&GA=101
Text	https://www.ilga.gov/legislation/101/HB/10100HB4611.htm
Text	https://www.ilga.gov/legislation/101/HB/10100HB4611eng.htm