IL HB4937 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Engrossed on March 3 2022 - 50% progression, died in committee
Action: 2022-03-04 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]
Status: Engrossed on March 3 2022 - 50% progression, died in committee
Action: 2022-03-04 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
Amends the State Treasurer Act. In provisions concerning the ABLE account program, provides that a "designated representative" means a person or entity (currently, person only) who is authorized to act on behalf of a "designated beneficiary". Provides that a person or entity seeking to open an ABLE account on behalf of a designated beneficiary must provide certification, subject to penalties of perjury, of the basis for the person's or entity's authority to act as a designated representative and that there is no other person or entity with higher priority to establish the ABLE account. Removes provisions allowing the State Treasurer to recognize specified persons or entities as a designated representative without appointment by a court. Provides that the State Treasurer may require any certifications that he or she deems necessary to implement the ABLE program, including oaths or affirmations made under penalties of perjury. Defines "Internal Revenue Code". Effective immediately.
Title
STATE TREASURER-ABLE ACCOUNTS
Sponsors
Roll Calls
2022-03-03 - House - Motion in House (Y: 104 N: 0 NV: 1 Abs: 2) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2022-03-04 | Senate | Referred to Assignments |
| 2022-03-04 | Senate | First Reading |
| 2022-03-04 | Senate | Chief Senate Sponsor Sen. Laura Ellman |
| 2022-03-04 | Senate | Placed on Calendar Order of First Reading |
| 2022-03-04 | Senate | Arrive in Senate |
| 2022-03-03 | House | Third Reading - Consent Calendar - Passed 104-000-000 |
| 2022-03-02 | House | Third Reading - Consent Calendar - First Day |
| 2022-03-01 | House | Placed on Calendar Order of 3rd Reading - Consent Calendar |
| 2022-02-17 | House | Held on Calendar Order of Second Reading - Consent Calendar |
| 2022-02-17 | House | Second Reading - Consent Calendar |
| 2022-02-15 | House | Added Chief Co-Sponsor Rep. Natalie A. Manley |
| 2022-02-15 | House | Placed on Calendar 2nd Reading - Consent Calendar |
| 2022-02-09 | House | Do Pass / Consent Calendar State Government Administration Committee; 008-000-000 |
| 2022-02-01 | House | Assigned to State Government Administration Committee |
| 2022-01-27 | House | Referred to Rules Committee |
| 2022-01-27 | House | First Reading |
| 2022-01-25 | House | Filed with the Clerk by Rep. Dagmara Avelar |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 15 | 505 | 16.6 | Amended Code | Citation Text |
