Emily McAsey
- Democratic
Primary
Amends the Trusts and Trustees Act. Adds provisions establishing a directed trust as a type of trust and establishes responsibilities among a distribution trust advisor, trust protector, and other parties to the trust. Provides that the changes to a trustee's powers in a directed trust apply to all trusts in existence on the effective date and all trusts created after that date. Provisions concerning the administration of a trust are available to any trust that is administered in Illinois or governed by Illinois law unless the trust instrument expressly prohibits the use of one or more those provisions by specific reference.
Public Act . . . . . . . . . 97-0921
Governor Approved
Effective Date January 1, 2013
Sent to the Governor
Third Reading - Passed; 055-000-000
Passed Both Houses
Placed on Calendar Order of 3rd Reading May 3, 2012
Second Reading
Do Pass Judiciary; 009-000-000
Placed on Calendar Order of 2nd Reading April 19, 2012
Assigned to Judiciary
First Reading
Referred to Assignments
Placed on Calendar Order of First Reading
Arrive in Senate
Chief Senate Sponsor Sen. Ira I. Silverstein
House Floor Amendment No. 1 Tabled Pursuant to Rule 40
House Floor Amendment No. 2 Recommends Be Adopted Judiciary I - Civil Law Committee; 011-000-000
House Floor Amendment No. 2 Adopted by Voice Vote
Placed on Calendar Order of 3rd Reading - Short Debate
Third Reading - Short Debate - Passed 106-001-001
House Floor Amendment No. 2 Rules Refers to Judiciary I - Civil Law Committee
Held on Calendar Order of Second Reading - Short Debate
Second Reading - Short Debate
House Floor Amendment No. 2 Filed with Clerk by Rep. Emily McAsey
House Floor Amendment No. 2 Referred to Rules Committee
House Floor Amendment No. 1 Filed with Clerk by Rep. Emily McAsey
House Floor Amendment No. 1 Referred to Rules Committee
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Judiciary I - Civil Law Committee; 011-000-000
Assigned to Judiciary I - Civil Law Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Emily McAsey
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
|---|---|
| Public Act | |
| House Amendment 002 | |
| House Amendment 001 |
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