Illinois House Bill 2716 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Presumptively Void Transfers Article of the Probate Act of 1975. Replaces references to the term "transfer instrument" with "transfer". Changes the definitions of "family member" and "transfer". Provides that if the court determines the transferor lacked the requisite capacity to convey, the entire transfer instrument shall be deemed void. Provides that if the property in question is an interest in real property, a purchaser or mortgagee for value and without notice, before the recordation of a lis pendens for an action, shall take free and clear of the action. Provides that a holder of property shall not be liable for distributing or releasing the property to the transferee if the distribution or release occurs prior to the holder being made a party to an action challenging the transfer. Effective immediately.

PRESUMPTIVELY VOID TRANSFERS

Rep. Emanuel Welch [D]

Date	Chamber	Action
2019-01-08	House	Session Sine Die
2017-04-28	House	Rule 19(a) / Re-referred to Rules Committee
2017-04-26	House	Held on Calendar Order of Second Reading - Short Debate
2017-04-26	House	Second Reading - Short Debate
2017-03-29	House	Placed on Calendar 2nd Reading - Short Debate
2017-03-29	House	Do Pass as Amended / Short Debate Judiciary - Civil Committee; 011-000-000
2017-03-29	House	House Committee Amendment No. 1 Adopted in Judiciary - Civil Committee; by Voice Vote
2017-03-29	House	Reported Back To Judiciary - Civil Committee;
2017-03-29	House	Recommends Do Pass Subcommittee/ Judiciary - Civil Committee; 003-000-000
2017-03-08	House	House Committee Amendment No. 1 Rules Refers to Judiciary - Civil Committee
2017-03-06	House	House Committee Amendment No. 1 Referred to Rules Committee
2017-03-06	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Emanuel Chris Welch
2017-02-24	House	To Trusts & Estates Law Subcommittee
2017-02-22	House	Assigned to Judiciary - Civil Committee
2017-02-08	House	Referred to Rules Committee
2017-02-08	House	First Reading
2017-02-08	House	Filed with the Clerk by Rep. Emanuel Chris Welch

Chapter	Article	Section	Citation Type	Statute Text
755	5	4a-10	Amended Code	Citation Text
755	5	4a-15	Amended Code	Citation Text
755	5	4a-30	Amended Code	Citation Text
755	5	4a-5	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2716&GAID=14&DocTypeID=HB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/HB/10000HB2716.htm
Amendment	https://www.ilga.gov/legislation/100/HB/10000HB2716ham001.htm