HB 5282

  • Illinois House Bill
  • 96th Regular Session
  • Introduced in House Mar 23, 2010
  • Passed House Mar 23, 2010
  • Passed Senate Apr 29, 2010
  • Became Law Jul 21, 2010

Real Prop-Tenancy Entirty-Trst

Abstract

Amends the Code of Civil Procedure. Provides that any real property, or any beneficial interest in a land trust, or any interest in real property held in a revocable living trust created for estate planning purposes, held in tenancy by the entirety shall not be liable to be sold upon judgment (instead of any real property or any beneficial interest in a land trust, held in tenancy by the entirety shall not be liable to be sold upon judgment). Amends the Joint Tenancy Act. Provides that where the homestead is maintained in a revocable living trust created for estate planning purposes by both husband and wife, the husband and wife are the primary beneficiaries of the trust, and the terms of the trust specifically state that the interests of the beneficiaries to the homestead property are held as tenants by the entirety, the estate created is a tenancy by the entirety.

Bill Sponsors (1)

Votes


Actions


Jul 21, 2010

House

Public Act . . . . . . . . . 96-1145

House

Effective Date January 1, 2011

House

Governor Approved

May 28, 2010

House

Sent to the Governor

Apr 29, 2010

Senate

Third Reading - Passed; 057-000-000

House

Passed Both Houses

Apr 21, 2010

Senate

Placed on Calendar Order of 3rd Reading April 22, 2010

Senate

Second Reading

Apr 20, 2010

Senate

Placed on Calendar Order of 2nd Reading April 21, 2010

Senate

Do Pass Judiciary; 008-000-000

Apr 14, 2010

Senate

Postponed - Judiciary

Apr 06, 2010

Senate

Assigned to Judiciary

Mar 24, 2010

Senate

First Reading

Senate

Referred to Assignments

Mar 23, 2010

Senate

Chief Senate Sponsor Sen. Dan Cronin

Senate

Placed on Calendar Order of First Reading March 24, 2010

Senate

Arrive in Senate

House

Third Reading - Short Debate - Passed 115-000-000

Mar 10, 2010

House

Second Reading - Short Debate

House

Placed on Calendar Order of 3rd Reading - Short Debate

Feb 24, 2010

House

Placed on Calendar 2nd Reading - Short Debate

House

Do Pass as Amended / Short Debate Judiciary I - Civil Law Committee; 013-000-001

House

House Committee Amendment No. 1 Adopted in Judiciary I - Civil Law Committee; by Voice Vote

House

House Committee Amendment No. 1 Filed with Clerk by Judiciary I - Civil Law Committee

Feb 09, 2010

House

Assigned to Judiciary I - Civil Law Committee

Feb 03, 2010

House

First Reading

House

Filed with the Clerk by Rep. Michael G. Connelly

House

Referred to Rules Committee

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML
Enrolled HTML

Related Documents

Document Format
Public Act
House Amendment 001

Sources

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