SB 2509

  • Illinois Senate Bill
  • 96th Regular Session
  • Introduced in Senate Mar 12, 2010
  • Passed Senate Mar 12, 2010
  • Passed House Apr 21, 2010
  • Became Law Jul 02, 2010

Trusts-Beneficiary-Power Lapse

Abstract

Amends the Trusts and Trustees Act. Provides that a trust beneficiary may not be considered to be a settlor or to have made a transfer to the trust merely because of a lapse, release, or waiver of his or her power of withdrawal to the extent the value of the affected property does not exceed amounts specified in the Internal Revenue Code. Effective immediately.

Bill Sponsors (1)

Votes


Actions


Jul 02, 2010

Senate

Public Act . . . . . . . . . 96-0980

Senate

Governor Approved

Senate

Effective Date July 2, 2010

May 20, 2010

Senate

Sent to the Governor

Apr 21, 2010

House

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

House

Added Alternate Chief Co-Sponsor Rep. Patricia R. Bellock

Senate

Passed Both Houses

Apr 20, 2010

House

Second Reading - Short Debate

House

Placed on Calendar Order of 3rd Reading - Short Debate

Apr 14, 2010

House

Placed on Calendar 2nd Reading - Short Debate

House

Do Pass / Short Debate Judiciary I - Civil Law Committee; 015-001-000

Mar 22, 2010

House

Assigned to Judiciary I - Civil Law Committee

Mar 12, 2010

House

First Reading

Senate

Third Reading - Passed; 051-000-000

House

Arrived in House

House

Chief House Sponsor Rep. Franco Coladipietro

House

Placed on Calendar Order of First Reading

House

Referred to Rules Committee

Feb 23, 2010

Senate

Added as Chief Co-Sponsor Sen. Pamela J. Althoff

Feb 18, 2010

Senate

Placed on Calendar Order of 3rd Reading February 23, 2010

Senate

Second Reading

Feb 17, 2010

Senate

Placed on Calendar Order of 2nd Reading February 18, 2010

Senate

Do Pass Judiciary; 010-000-000

Feb 10, 2010

Senate

Assigned to Judiciary

Jan 06, 2010

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. Kirk W. Dillard

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML
Enrolled HTML

Related Documents

Document Format
Public Act

Sources

Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.