Bill Sponsors: IL SB1933 | 2011-2012 | 97th General Assembly

Bill Title: Amends the Uniform Disposition of Unclaimed Property Act. Provides that unclaimed wages, payroll, and salary in any form, held or owing by a banking or financial organization, is presumed abandoned after one year (instead of 5 years). Provides that unclaimed wages, payroll, and salary in any form shall be reported after remaining unclaimed for one year. Effective immediately.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Failed) 2013-01-08 - Session Sine Die [SB1933 Detail]

Text: Latest bill text (Amended) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Kwame Raoul [D]PrimarySponsored BillsSD-013FollowTheMoneyBallotpediaVoteSmart
Representative John Bradley [D]PrimarySponsored BillsHD-117FollowTheMoneyBallotpediaVoteSmart
Representative Jack Franks [D]CosponsorSponsored BillsHD-063FollowTheMoneyBallotpediaVoteSmart
Representative Linda LaVia [D]CosponsorSponsored BillsHD-083FollowTheMoneyBallotpediaVoteSmart
Representative Keith Farnham [D]CosponsorSponsored BillsHD-043FollowTheMoneyBallotpediaVoteSmart

Social Comments on IL SB1933

feedback