Illinois Senate Bill 3150 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Illinois Residential Real Property Transfer on Death Instrument Act. Renames the Act the "Real Property Transfer on Death Instrument Act". Changes the definitions of "owner" and "person". Deletes the definition of "residential real estate". Defines "real property". Changes references to "residential real estate property" to references to "real property". Permits the transfer of real property by a transfer on death instrument to a trustee of a trust under certain circumstances even if the trust is subject to amendment, modification, revocation, or termination. Provides that a transfer on death instrument may not be admitted to probate as the will of the owner or as a codicil thereto. Provides that a transfer on death instrument does not need to state consideration or the addresses of the beneficiaries. Provides that if the transfer on death instrument is not witnessed by at least 2 credible witnesses, it is void. Provides that if a beneficiary attests to the execution of the transfer on death instrument, the interest transferred to that beneficiary is void as to that beneficiary. Changes the rules under which real property that is subject to a transfer on death instrument is transferred. Provides that a transfer on death instrument may be renounced by the owner's surviving spouse regardless of whether the transfer on death instrument transfers an interest in real property for the benefit of the surviving spouse. Provides that a creditor may enforce the liability against the real property transferred at the owner's death by a transfer on death instrument and the beneficiaries. Makes other changes to provisions regarding: rights of creditors; limitations; and preparation of a transfer on death instrument or its revocation. Makes conforming changes.

PROPERTY TRANSFER ON DEATH

Sen. Jason Barickman [R]

Date	Chamber	Action
2021-01-13	Senate	Session Sine Die
2020-05-15	Senate	Rule 2-10 Third Reading/Passage Deadline Established As May 31, 2020
2020-05-07	Senate	Rule 2-10 Third Reading Deadline Established As May 29, 2020
2020-04-30	Senate	Rule 2-10 Third Reading Deadline Established As May 22, 2020
2020-04-23	Senate	Rule 2-10 Third Reading Deadline Established As May 15, 2020
2020-04-12	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2020-04-12	Senate	Senate Committee Amendment No. 2 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2020-04-12	Senate	Senate Committee Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2020-04-12	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2020-03-25	Senate	Rule 2-10 Third Reading Deadline Established As May 7, 2020
2020-03-05	Senate	Senate Committee Amendment No. 2 Assignments Refers to Judiciary
2020-03-05	Senate	Senate Committee Amendment No. 1 Assignments Refers to Judiciary
2020-03-04	Senate	Placed on Calendar Order of 2nd Reading March 5, 2020
2020-03-04	Senate	Do Pass Judiciary; 009-000-000
2020-03-02	Senate	Senate Committee Amendment No. 2 Referred to Assignments
2020-03-02	Senate	Senate Committee Amendment No. 2 Filed with Secretary by Sen. Jason A. Barickman
2020-02-26	Senate	Senate Committee Amendment No. 1 Pursuant to Senate Rule 3-8(b-1), this amendment will remain in the Committee on Assignments.
2020-02-25	Senate	Postponed - Judiciary
2020-02-24	Senate	Senate Committee Amendment No. 1 Referred to Assignments
2020-02-24	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Jason A. Barickman
2020-02-19	Senate	Assigned to Judiciary
2020-02-06	Senate	Referred to Assignments
2020-02-06	Senate	First Reading
2020-02-06	Senate	Filed with Secretary by Sen. Jason A. Barickman

Chapter	Article	Section	Citation Type	Statute Text
755	27	1	Amended Code	Citation Text
755	27	10	Amended Code	Citation Text
755	27	15	Amended Code	Citation Text
755	27	20	Amended Code	Citation Text
755	27	21	New Code	See Bill Text
755	27	30	Amended Code	Citation Text
755	27	35	Amended Code	Citation Text
755	27	40	Amended Code	Citation Text
755	27	45	Amended Code	Citation Text
755	27	5	Amended Code	Citation Text
755	27	60	Amended Code	Citation Text
755	27	65	Amended Code	Citation Text
755	27	66	New Code	See Bill Text
755	27	75	Amended Code	Citation Text
755	27	85	Amended Code	Citation Text
755	27	90	Amended Code	Citation Text
755	27	95	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3150&GAID=15&DocTypeID=SB&SessionID=108&GA=101
Text	https://www.ilga.gov/legislation/101/SB/10100SB3150.htm
Amendment	https://www.ilga.gov/legislation/101/SB/10100SB3150sam001.htm
Amendment	https://www.ilga.gov/legislation/101/SB/10100SB3150sam002.htm