IL SB0063 | 2015-2016 | 99th General Assembly
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 15 2015 - 25% progression, died in committee
Action: 2015-10-10 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 15 2015 - 25% progression, died in committee
Action: 2015-10-10 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Trusts and Trustees Act. Provides that by accepting a benefit under a trust instrument, the beneficiary admits the instrument to be a valid trust. Provides that a beneficiary of a trust may not accept a benefit under the instrument and at the same time set up a claim which is contrary to the substantive terms of the trust.
Title
TRUSTS AND TRUSTEES-ACCEPTANCE
Sponsors
History
Date | Chamber | Action |
---|---|---|
2015-10-10 | Senate | Pursuant to Senate Rule 3-9(b) / Referred to Assignments |
2015-10-08 | Senate | Rule 2-10 Third Reading Deadline Established As October 20, 2015 |
2015-03-10 | Senate | Added as Chief Co-Sponsor Sen. Pamela J. Althoff |
2015-03-04 | Senate | Placed on Calendar Order of 2nd Reading March 5, 2015 |
2015-03-04 | Senate | Do Pass as Amended Judiciary; 011-000-000 |
2015-03-03 | Senate | Senate Committee Amendment No. 1 Adopted |
2015-03-03 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Judiciary |
2015-02-27 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
2015-02-27 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Chris Nybo |
2015-02-18 | Senate | Postponed - Judiciary |
2015-01-28 | Senate | Assigned to Judiciary |
2015-01-15 | Senate | Referred to Assignments |
2015-01-15 | Senate | First Reading |
2015-01-15 | Senate | Filed with Secretary by Sen. Chris Nybo |