Roll Call: IL HB5607 | 2015-2016 | 99th General Assembly
For additional roll call votes on Illinois HB5607 please see the Vote List
Bill Title: Amends the Uniform Disposition of Unclaimed Property Act. Provides that a United States Savings bond shall be presumed abandoned when the bond has remained unclaimed and unredeemed for 5 years after its date of final extended maturity. Provides that presumed abandoned and unclaimed bonds escheat to the State. Establishes a procedure by which the State Treasurer may obtain a judicial determination that the bond has escheated to the State.
Sponsorship: Partisan Bill (Democrat 2)
Status: (Passed) 2016-07-15 - Public Act . . . . . . . . . 99-0556 [HB5607 Detail]
Text: Latest bill text (Chaptered) [HTML]
Bill Title: Amends the Uniform Disposition of Unclaimed Property Act. Provides that a United States Savings bond shall be presumed abandoned when the bond has remained unclaimed and unredeemed for 5 years after its date of final extended maturity. Provides that presumed abandoned and unclaimed bonds escheat to the State. Establishes a procedure by which the State Treasurer may obtain a judicial determination that the bond has escheated to the State.
Sponsorship: Partisan Bill (Democrat 2)
Status: (Passed) 2016-07-15 - Public Act . . . . . . . . . 99-0556 [HB5607 Detail]
Text: Latest bill text (Chaptered) [HTML]
Vote: Third Reading in Senate
| Vote | Tally | Democrat | Republican |
|---|---|---|---|
| Yea | 57 | 37 | 20 |
| Nay | - | - | - |
| Not Voting | 2 | 2 | - |
| Absent | - | - | - |
| TOTAL | 59 | 39 | 20 |
