Bill Title: Amends the Revised Uniform Unclaimed Property Act. Provides that for an amount held on a payroll card, an indication of owner interest includes wages from an employer under the Illinois Wage Payment and Collection Act in the form of a recurring Automated Clearing House credit previously authorized by the apparent owner. Provides that an Automated Clearing House credit is not an indication of owner interest if the holder assesses fees for account inactivity on the payroll card account.

Spectrum: Partisan Bill (Democrat 7-0)

Status: (Passed) 2022-05-06 - Public Act . . . . . . . . . 102-0734 [SB0062 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Chaptered	2022-05-09	HTML/Text	Link	View
Enrolled	2022-03-24	HTML/Text	Link	View
Engrossed	2022-02-24	HTML/Text	Link	View
Introduced	2021-01-29	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
Senate Amendment 001	2022-02-18	Proposed	HTML/Text	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB0062 currently on file.

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