SB 62

  • Illinois Senate Bill
  • 102nd Regular Session
  • Introduced in Senate Feb 25, 2022
  • Passed Senate Feb 24, 2022
  • Passed House Mar 23, 2022
  • Became Law May 06, 2022

Ruupa-Automated Clearing House

Abstract

Amends the Revised Uniform Unclaimed Property Act. Provides that an apparent owner's interest in property includes a deposit into or withdrawal from an account at a financial organization, including (rather than except for) a recurring Automated Clearing House debit or credit previously authorized by the apparent owner, except for (rather than or) an automatic reinvestment of dividends or interest. Senate Committee Amendment No. 1 Replaces everything after the enacting clause. 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.

Bill Sponsors (7)

Votes


Actions


May 06, 2022

Senate

Public Act . . . . . . . . . 102-0734

Senate

Effective Date January 1, 2023

Senate

Governor Approved

Apr 21, 2022

Senate

Sent to the Governor

Mar 23, 2022

House

Third Reading - Short Debate - Passed 112-000-000

Senate

Passed Both Houses

Mar 22, 2022

House

Second Reading - Short Debate

House

Placed on Calendar Order of 3rd Reading - Short Debate

Mar 17, 2022

House

Placed on Calendar 2nd Reading - Short Debate

House

Do Pass / Short Debate Revenue & Finance Committee; 017-000-000

Mar 07, 2022

House

Assigned to Revenue & Finance Committee

Feb 25, 2022

House

Chief House Sponsor Rep. Ann M. Williams

House

Arrived in House

House

Referred to Rules Committee

House

First Reading

Feb 24, 2022

Senate

Third Reading - Passed; 054-000-000

Feb 23, 2022

Senate

Placed on Calendar Order of 3rd Reading February 24, 2022

Senate

Second Reading

Feb 22, 2022

Senate

Placed on Calendar Order of 2nd Reading February 23, 2022

Senate

Do Pass as Amended Judiciary; 007-000-000

Senate

Senate Committee Amendment No. 1 Adopted

Senate

Senate Committee Amendment No. 1 Assignments Refers to Judiciary

Feb 18, 2022

Senate

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick

Senate

Senate Committee Amendment No. 1 Referred to Assignments

Feb 15, 2022

Senate

Rule 2-10 Committee Deadline Established As February 25, 2022

Senate

Assigned to Judiciary

Apr 08, 2021

Senate

Added as Co-Sponsor Sen. Scott M. Bennett

Mar 31, 2021

Senate

Added as Chief Co-Sponsor Sen. Linda Holmes

Mar 18, 2021

Senate

Added as Co-Sponsor Sen. Patrick J. Joyce

Mar 17, 2021

Senate

Added as Chief Co-Sponsor Sen. John Connor

Mar 16, 2021

Senate

Added as Co-Sponsor Sen. Laura M. Murphy

Jan 29, 2021

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. Robert F. Martwick

Bill Text

Bill Text Versions Format
Introduced HTML PDF
Engrossed HTML PDF
Enrolled HTML PDF
Senate Amendment 001 HTML PDF

Related Documents

Document Format
Public Act

Sources

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