Date	Chamber	Action
2/6/2025	Senate	Referred to Assignments

Statutes Amended In Order of Appearance

760 ILCS 100/2

from Ch. 21, par. 64.2

760 ILCS 100/3

from Ch. 21, par. 64.3

760 ILCS 100/3.1 new

760 ILCS 100/4

from Ch. 21, par. 64.4

760 ILCS 100/4.1 new

760 ILCS 100/4.2 new

760 ILCS 100/5

from Ch. 21, par. 64.5

760 ILCS 100/14

from Ch. 21, par. 64.14

760 ILCS 100/15a

from Ch. 21, par. 64.15a

760 ILCS 100/25 rep.

Synopsis As Introduced
Amends the Cemetery Care Act. Defines "average fair market value", "total return percentage", and "net income". Provides that a trustee may apply to the Comptroller to establish a master trust fund in which deposits are made. Allows a cemetery authority to take distributions from its fund either by distributing ordinary income or total return distribution. Requires an application for the implementation of the total return distribution method to be submitted to the Comptroller at least 120 days before the effective date of the election to receive total return distribution. Allows, where no receiver is available, a circuit court to order a willing local municipality, township, county, or city to take over the cemetery. Repeals a provision regarding the use of care funds. Makes other changes.

Actions 

Date	Chamber	Action
2/6/2025	Senate	Filed with Secretary by Sen. Javier L. Cervantes
2/6/2025	Senate	First Reading
2/6/2025	Senate	Referred to Assignments

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