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]
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.
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
Date | Chamber | Action |
---|---|---|
2023-03-27 | Senate | Referred to Assignments |
2023-03-27 | Senate | First Reading |
2023-03-27 | Senate | Chief Senate Sponsor Sen. Meg Loughran Cappel |
2023-03-24 | Senate | Placed on Calendar Order of First Reading March 28, 2023 |
2023-03-24 | Senate | Arrive in Senate |
2023-03-23 | House | Third Reading - Short Debate - Passed 109-000-000 |
2023-03-22 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
2023-03-22 | House | Second Reading - Short Debate |
2023-03-22 | House | House Floor Amendment No. 1 Adopted |
2023-03-21 | House | House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee; 012-000-000 |
2023-03-15 | House | House Floor Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee |
2023-03-14 | House | House Floor Amendment No. 1 Referred to Rules Committee |
2023-03-14 | House | House Floor Amendment No. 1 Filed with Clerk by Rep. Mark L. Walker |
2023-03-08 | House | Placed on Calendar 2nd Reading - Short Debate |
2023-03-07 | House | Do Pass / Short Debate Financial Institutions and Licensing Committee; 012-000-000 |
2023-02-15 | House | Assigned to Financial Institutions and Licensing Committee |
2023-02-01 | House | Referred to Rules Committee |
2023-02-01 | House | First Reading |
2023-02-01 | House | Filed with the Clerk by Rep. Mark L. Walker |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
205 | 205 | 4013 | Amended Code | Citation Text |
205 | 305 | 10 | Amended Code | Citation Text |
205 | 5 | 48.1 | Amended Code | Citation Text |
205 | 625 | 4 | Amended Code | Citation Text |
205 | 705 | 10 | Amended Code | Citation Text |
755 | 5 | 6-15 | Amended Code | Citation Text |