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<xml>
<title>Illinois General Assembly - Bill Status for SB 2769   </title>
<shortdesc>UNCLAIMED PROP TREASURER</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Dan Rutherford</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>765 ILCS 1025/15</reference><aliasreference>from Ch. 141, par. 115</aliasreference><reference>765 ILCS 1025/20</reference><aliasreference>from Ch. 141, par. 120</aliasreference><SynopsisText>Amends the Uniform Disposition of Unclaimed Property Act. Provides that interest earned on property held in the unclaimed property trust fund or the State pensions fund may be paid to the owner, at the discretion of the State Treasurer. Provides that if a claim for unclaimed property is allowed, the Treasurer may (now, shall) deduct $20 or less to cover expenses. Provides that the State Treasurer shall pay the allowed claim as soon as practicable (now, forthwith).</SynopsisText></synopsis>
<actions>
<statusdate>1/20/2006</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Dan Rutherford</action>
<statusdate>1/20/2006</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/20/2006</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

