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HB 1560 Illinois House · 97th Regular Session

UNCLAIMED PROP-WAGES-LIMIT

Summary
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.
Bill status signed all 5 stages cleared
Introduction
Mar 2011
Committee Review
May 2011
House Passage
May 2011
Senate Passage
May 2011
Signed into Law
Aug 2011
Introduced Mar 31, 2011 Signed Aug 8, 2011
Floor votes · Senate May 12, 2011 · House Mar 30, 2011

How they voted

49–0
Passed · 2 other
Total votes 51
May 12, 2011
D Democratic31
30 Yea 1
96% Yea
R Republican20
19 Yea 1
95% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
39
Key actions
6
Committee
6
Aug 8, 2011
Signed into law
Governor Approved
lower
May 12, 2011
Lower · Passed
Passed Both Houses
lower
May 12, 2011
Senate · Passed
Senate Vote: pass (49-0-2)
senate
May 5, 2011
Upper · Passed
Do Pass Financial Institutions; 011-000-000
upper
Apr 27, 2011
Committee
Assigned to Financial Institutions
upper
Apr 7, 2011
Committee
Referred to Assignments
upper
Mar 31, 2011
Introduced
Arrive in Senate
upper
Mar 30, 2011
House · Passed
House Vote: pass (104-0-3)
house
Mar 2, 2011
Lower · Passed
Do Pass / Short Debate State Government Administration Committee; 016-000-000
lower
Feb 22, 2011
Committee
Assigned to State Government Administration Committee
lower
Feb 15, 2011
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.