Comments: IL SB2268 | 2015-2016 | 99th General Assembly

Bill Title: Amends the State Treasurer Act. Provides that the State Treasurer may accept contributions for ABLE accounts once the Internal Revenue Service has issued either interim guidance or final regulations (currently, only final regulations). Provides that ABLE accounts may also be established for residents of other states (currently, only residents of Illinois). Makes technical corrections. Effective immediately.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Passed) 2016-07-15 - Public Act . . . . . . . . . 99-0563 [SB2268 Detail]

Text: Latest bill text (Chaptered) [HTML]

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