SB 2524

  • Illinois Senate Bill
  • 96th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Counties Cd-County Escrow Fund

Abstract

Amends the Counties Code. Provides that a county treasurer may, after receiving approval from the county board, establish an escrow fund for the safekeeping of moneys paid to the treasurer on behalf of property taxpayers. Protects money in these funds from judgment, attachment, execution, and seizure for the satisfaction of debts. Authorizes county treasurers to establish terms and conditions relating to these funds. Requires interest earned on these funds to be paid to the county treasury to offset administrative costs. Amends the Code of Civil Procedure to exempt qualified moneys in these funds from judgment, attachment, execution, and seizure for the satisfaction of debts. Effective immediately.

Bill Sponsors (1)

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Jan 12, 2011

Senate

Session Sine Die

Mar 08, 2010

Senate

Rule 3-9(a) / Re-referred to Assignments

Mar 04, 2010

Senate

Postponed - Local Government

Feb 24, 2010

Senate

Postponed - Local Government

Feb 17, 2010

Senate

Postponed - Local Government

Feb 10, 2010

Senate

Assigned to Local Government

Feb 09, 2010

Senate

Added as Co-Sponsor Sen. Kirk W. Dillard

Jan 12, 2010

Senate

Filed with Secretary by Sen. Dan Cronin

Senate

Added as Chief Co-Sponsor Sen. Carole Pankau

Senate

Referred to Assignments

Senate

First Reading

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