Bill Amendment: IL HB5147 | 2017-2018 | 100th General Assembly
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: CHILD LABOR-CHILD MODEL-TRUST
Status: 2019-01-08 - Session Sine Die [HB5147 Detail]
Download: Illinois-2017-HB5147-Senate_Amendment_001.html
Bill Title: CHILD LABOR-CHILD MODEL-TRUST
Status: 2019-01-08 - Session Sine Die [HB5147 Detail]
Download: Illinois-2017-HB5147-Senate_Amendment_001.html
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1 | AMENDMENT TO HOUSE BILL 5147
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2 | AMENDMENT NO. ______. Amend House Bill 5147 by replacing | ||||||
3 | everything after the enacting clause with the following:
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4 | "Section 5. The Child Labor Law is amended by adding | ||||||
5 | Section 12.5 as follows:
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6 | (820 ILCS 205/12.5 new) | ||||||
7 | Sec. 12.5. Child models; trust fund. | ||||||
8 | (a) In addition to the requirements of Section 12, the | ||||||
9 | person authorized to issue employment certificates must | ||||||
10 | determine that a trust account that meets the requirements of | ||||||
11 | subsection (b) has been established designating the minor as | ||||||
12 | the beneficiary of the trust account before an employment | ||||||
13 | certificate for work as a model may be issued for a minor under | ||||||
14 | the age of 16 years. | ||||||
15 | (b) A trust account subject to this Section must provide, | ||||||
16 | at a minimum, the following: |
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1 | (1) that at least 15%, or greater amount as determined | ||||||
2 | by rule, of the gross earnings of the child model shall be | ||||||
3 | deposited into the account; | ||||||
4 | (2) that the funds in the account shall be available | ||||||
5 | only to the child model; | ||||||
6 | (3) that the account shall be held by a bank, corporate | ||||||
7 | fiduciary, or trust company, as those terms are defined in | ||||||
8 | the Corporate Fiduciary Act; | ||||||
9 | (4) that the funds in the account shall become | ||||||
10 | available to the child model upon the child model attaining | ||||||
11 | the age of 18 years. | ||||||
12 | (c) The Department of Labor shall adopt rules to implement | ||||||
13 | the provisions of this Section. The rules may specify that a | ||||||
14 | percentage greater than 15% of the child model's income must be | ||||||
15 | placed into the trust account. ".
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