Bill Title: Amends the Illinois Marriage and Dissolution of Marriage Act. Provides that life insurance benefits deemed to be marital property must be allocated equitably between the parties by the court. Provides that a maintenance award ordered by a court may be secured by existing or court-ordered life insurance and, if applicable, that a judgment shall expressly set forth that payments for such insurance are excludable under the Internal Revenue Code from the gross income of the maintenance payee. Provides that in determining an award for child support, net income does not include life insurance premiums for life insurance ordered by the court to secure child support or maintenance. Provides that upon death of either party or remarriage of the party receiving maintenance, any obligation under the new provisions is terminated without a prior inconsistent agreement between the parties.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2011-08-26 - Public Act . . . . . . . . . 97-0608 [SB1824 Detail]

Text: Latest bill text (Chaptered) [HTML]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
Senate	Concurrence in Senate	2011-05-29	53	0	6	0	59	Passed	Link	View
House	Third Reading in House	2011-05-25	117	0	0	0	117	Passed	Link	View
Senate	Third Reading in Senate	2011-05-03	56	0	3	0	59	Passed	Link	View

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