SB 1294

  • Illinois Senate Bill
  • 97th Regular Session
  • Introduced in Senate Apr 13, 2011
  • Passed Senate Apr 13, 2011
  • House
  • Governor

Trust-Investment Trust Advisor

Abstract

Amends the Trusts and Trustees Act. Adds provisions authorizing an investment trust advisor, distribution trust advisor, and trust protector to be designated in the governing instrument of a trust. Adds provisions concerning the powers of an authorized trustee who has the absolute discretion to invade the principal of a trust. Adds provisions authorizing establishment of a Domestic Asset Protection Trust. Adds provisions concerning the modification or termination of an irrevocable trust. Contains provisions concerning definitions, conditions and requirements, applicability, and other matters. Effective immediately.

Bill Sponsors (1)

Votes


Actions


Jan 08, 2013

Senate

Session Sine Die

May 31, 2011

House

Rule 19(a) / Re-referred to Rules Committee

May 27, 2011

House

Final Action Deadline Extended-9(b) May 31, 2011

May 20, 2011

House

Final Action Deadline Extended-9(b) May 27, 2011

May 13, 2011

House

Committee Deadline Extended-Rule 9(b) May 20, 2011

Apr 21, 2011

House

Assigned to Executive Committee

Apr 14, 2011

House

Chief House Sponsor Rep. Mark H. Beaubien, Jr.

House

Referred to Rules Committee

House

Placed on Calendar Order of First Reading

Apr 13, 2011

Senate

Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a)

House

Arrived in House

Senate

Senate Committee Amendment No. 2 Tabled Pursuant to Rule 5-4(a)

Senate

Third Reading - Passed; 058-000-000

Mar 31, 2011

Senate

Recalled to Second Reading

Senate

Placed on Calendar Order of 3rd Reading April 6, 2011

Senate

Senate Floor Amendment No. 3 Adopted; Dillard

Mar 29, 2011

Senate

Placed on Calendar Order of 3rd Reading March 30, 2011

Senate

Senate Floor Amendment No. 3 Assignments Refers to Judiciary

Senate

Second Reading

Senate

Senate Floor Amendment No. 3 Recommend Do Adopt Judiciary; 006-000-000

Mar 22, 2011

Senate

Senate Floor Amendment No. 3 Referred to Assignments

Senate

Senate Floor Amendment No. 3 Filed with Secretary by Sen. Kirk W. Dillard

Mar 18, 2011

Senate

Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments

Mar 15, 2011

Senate

Senate Committee Amendment No. 1 Postponed - Judiciary

Senate

Placed on Calendar Order of 2nd Reading March 16, 2011

Senate

Do Pass Judiciary; 009-000-000

Mar 14, 2011

Senate

Senate Committee Amendment No. 2 Filed with Secretary by Sen. Kirk W. Dillard

Senate

Senate Committee Amendment No. 1 Assignments Refers to Judiciary

Senate

Senate Committee Amendment No. 2 Referred to Assignments

Mar 10, 2011

Senate

Postponed - Judiciary

Mar 09, 2011

Senate

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Kirk W. Dillard

Senate

Senate Committee Amendment No. 1 Referred to Assignments

Mar 02, 2011

Senate

Assigned to Judiciary

Feb 08, 2011

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

Related Documents

Document Format
Senate Amendment 003
Senate Amendment 002
Senate Amendment 001

Sources

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