Illinois House Bill 4697 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 3-0)
Status: Passed on July 22 2016 - 100% progression
Action: 2016-07-22 - Public Act . . . . . . . . . 99-0609
Text: Latest bill text (Chaptered) [HTML]

Creates the Land Trust Beneficiary Rights Act. Provides that if the identity of the trustee of a land trust has been changed by virtue of sale, assignment, appointment, or otherwise, but the beneficial owner or owners of the land trust remain unchanged, the rights of the beneficial owner or owners shall in no way be impaired by the change of trustees. Provides that a change of trustees pursuant to a sale, acquisition, or appointment governed by the Corporate Fiduciaries Act is not a bar or defense to any pending court action filed by or in the name of either the previous trustee or the new trustee, irrespective of whether the court action was originally filed in a representative capacity on behalf of the beneficial owner or owners.

LAND TRUST BENEFICIARY RIGHTS

Rep. Ann Williams [D]

Rep. Andre Thapedi [D]

Sen. Michael Hastings [D]

2016-05-24 - Senate - Third Reading in Senate (Y: 53 N: 0 NV: 6 Abs: 0) [PASS]
2016-04-18 - House - Third Reading in House (Y: 111 N: 0 NV: 2 Abs: 0) [PASS]

Date	Chamber	Action
2016-07-22	House	Public Act . . . . . . . . . 99-0609
2016-07-22	House	Effective Date January 1, 2017
2016-07-22	House	Governor Approved
2016-06-13	House	Sent to the Governor
2016-05-24	House	Passed Both Houses
2016-05-24	Senate	Third Reading - Passed; 053-000-000
2016-05-10	Senate	Placed on Calendar Order of 3rd Reading May 11, 2016
2016-05-10	Senate	Second Reading
2016-05-04	Senate	Placed on Calendar Order of 2nd Reading May 5, 2016
2016-05-04	Senate	Do Pass Judiciary; 010-000-000
2016-04-27	Senate	Assigned to Judiciary
2016-04-19	Senate	Referred to Assignments
2016-04-19	Senate	First Reading
2016-04-19	Senate	Chief Senate Sponsor Sen. Michael E. Hastings
2016-04-19	Senate	Placed on Calendar Order of First Reading April 20, 2016
2016-04-19	Senate	Arrive in Senate
2016-04-18	House	Third Reading - Short Debate - Passed 111-000-000
2016-04-14	House	Chief Sponsor Changed to Rep. Ann M. Williams
2016-04-07	House	Placed on Calendar Order of 3rd Reading - Short Debate
2016-04-07	House	Second Reading - Short Debate
2016-04-05	House	Added Chief Co-Sponsor Rep. André Thapedi
2016-04-05	House	Placed on Calendar 2nd Reading - Short Debate
2016-04-05	House	Do Pass as Amended / Short Debate Judiciary - Civil Committee; 011-000-000
2016-04-05	House	House Committee Amendment No. 1 Adopted in Judiciary - Civil Committee; by Voice Vote
2016-04-04	House	House Committee Amendment No. 1 Rules Refers to Judiciary - Civil Committee
2016-03-24	House	House Committee Amendment No. 1 Referred to Rules Committee
2016-03-24	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Elaine Nekritz
2016-02-23	House	Assigned to Judiciary - Civil Committee
2016-02-05	House	Referred to Rules Committee
2016-02-05	House	First Reading
2016-02-05	House	Filed with the Clerk by Rep. Elaine Nekritz

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4697&GAID=13&DocTypeID=HB&SessionID=88&GA=99
Text	https://www.ilga.gov/legislation/99/HB/09900HB4697.htm
Text	https://www.ilga.gov/legislation/99/HB/09900HB4697eng.htm
Text	https://www.ilga.gov/legislation/99/HB/09900HB4697enr.htm
Text	https://www.ilga.gov/legislation/publicacts/99/099-0609.htm
Amendment	https://www.ilga.gov/legislation/99/HB/09900HB4697ham001.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/99/house/09900HB4697_04182016_005000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/99/senate/09900HB4697_05242016_014000T.pdf