Bill Title: Amends the State Treasurer Act. Provides that unless prohibited by federal law, upon the death of a designated beneficiary, proceeds from an ABLE account may be transferred to the estate of a designated beneficiary, or to an account for another eligible individual specified by the designated beneficiary or the estate of the designated beneficiary. Provides that an agency or instrumentality of the State may not seek payment under specified provisions of the federal Internal Revenue Code from the account or its proceeds for benefits provided to a designated beneficiary. Effective immediately.

Sponsorship: Bipartisan Bill

Status: (Failed) 2018-11-28 - Total Veto Stands - No Positive Action Taken [HB4754 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Veto Message	2018-08-06	HTML/Text	Link	View
Enrolled	2018-05-18	HTML/Text	Link	View
Engrossed	2018-04-19	HTML/Text	Link	View
Introduced	2018-02-13	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
House Amendment 002	2018-04-04	Proposed	HTML/Text	Link	View
House Amendment 001	2018-03-07	Proposed	HTML/Text	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB4754 currently on file.