IL SB1888 | 2009-2010 | 96th General Assembly

Status

Spectrum: Bipartisan Bill
Status: Introduced on February 20 2009 - 25% progression, died in committee
Action: 2010-06-27 - Senate Floor Amendment No. 2 Re-referred to Assignments; Pursuant to Senate Rule 3-9(b).
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Code of Civil Procedure by adding a new Section. Provides that in civil litigation under any legal theory, execution of the judgment shall be stayed during appellate review upon the posting of a supersedeas bond set in accordance with law or court rules, except that the total supersedeas bond that is required of all appellants collectively shall not exceed $75,000,000, regardless of the judgment amount. Provides that if an appellee proves that an appellant is dissipating assets outside the ordinary course of business to avoid payment of a judgment, a court may require the appellant to post a supersedeas bond in an amount up to the total judgment amount. Effective immediately.

Tracking Information

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Title

CIV-SUPERSEDEAS BOND

Sponsors


History

DateChamberAction
2010-06-27 Senate Floor Amendment No. 2 Re-referred to Assignments; Pursuant to Senate Rule 3-9(b).
2010-06-27 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2010-05-06 Senate Floor Amendment No. 2 Postponed - Executive
2010-05-05 Senate Floor Amendment No. 2 Assignments Refers to Executive
2010-05-05 Senate Floor Amendment No. 2 Referred to Assignments
2010-05-05 Senate Floor Amendment No. 2 Filed with Secretary by Sen. Don Harmon
2010-03-26 Rule 2-10 Third Reading Deadline Established As April 15, 2010
2010-03-19 Rule 2-10 Third Reading Deadline Established As March 26, 2010
2010-02-16 Placed on Calendar Order of 3rd Reading February 17, 2010
2010-02-16 Approved for Consideration Assignments
2009-08-15 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2009-04-30 Rule 2-10 Third Reading Deadline Established As May 31, 2009
2009-04-30 Rule 2-10 Committee Deadline Established As May 31, 2009
2009-04-03 Rule 2-10 Third Reading Deadline Established As April 30, 2009
2009-03-30 Placed on Calendar Order of 3rd Reading March 31, 2009
2009-03-30 Second Reading
2009-03-11 Added as Chief Co-Sponsor Sen. Kirk W. Dillard
2009-03-11 Placed on Calendar Order of 2nd Reading March 12, 2009
2009-03-11 Do Pass as Amended Judiciary; 011-000-000
2009-03-10 Senate Committee Amendment No. 1 Adopted
2009-03-10 Senate Committee Amendment No. 1 Assignments Refers to Judiciary
2009-03-10 Senate Committee Amendment No. 1 Referred to Assignments
2009-03-10 Senate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon
2009-03-04 Assigned to Judiciary
2009-02-20 Referred to Assignments
2009-02-20 First Reading
2009-02-20 Filed with Secretary by Sen. Don Harmon

Illinois State Sources


Bill Comments

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