Illinois House Bill 5810 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Illinois Funeral or Burial Funds Act. Provides that, at the time of payment, a provider shall inform the purchaser of all the possible funding arrangements for a pre-need contract, including the distinctions between the financial results of funding the contract through a trust fund, Totten trust, annuity, or life insurance policy. Further provides that, at the time of payment, a provider shall make the purchaser aware of who the pre-need contract designates as the beneficiary.

FUNERAL PRE-NEED CONTRACTS

Rep. Dan Brady [R]

Date	Chamber	Action
2014-12-03	House	Session Sine Die
2014-02-14	House	Referred to Rules Committee
2014-02-14	House	First Reading
2014-02-14	House	Filed with the Clerk by Rep. Dan Brady

Chapter	Article	Section	Citation Type	Statute Text
225	45	1a-1	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5810&GAID=12&DocTypeID=HB&SessionID=85&GA=98
Text	https://www.ilga.gov/legislation/98/HB/09800HB5810.htm