UNCLAIMED PROP-WAGES-LIMIT House SponsorsRep. Jim Sacia-Randy Ramey, Jr.-Jack D. Franks-Carol A. Sente, Mike Bost, Cynthia Soto, Karen A. Yarbrough, Elizabeth Hernandez, Edward J. Acevedo, Maria Antonia Berrios, John D'Amico, Susana A. Mendoza and Daniel J. Burke Senate Sponsors(Sen. Jacqueline Y. Collins) 8/8/2011HousePublic Act . . . . . . . . . 97-0270 765 ILCS 1025/2from Ch. 141, par. 102765 ILCS 1025/2afrom Ch. 141, par. 102a 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. 2/15/2011HouseFiled with the Clerk by Rep. Jim Sacia 2/15/2011HouseFirst Reading 2/15/2011HouseReferred to Rules Committee 2/22/2011HouseAssigned to State Government Administration Committee 3/2/2011HouseAdded Chief Co-Sponsor Rep. Randy Ramey, Jr. 3/2/2011HouseDo Pass / Short Debate State Government Administration Committee; 016-000-000 3/3/2011HousePlaced on Calendar 2nd Reading - Short Debate 3/3/2011HouseAdded Chief Co-Sponsor Rep. Jack D. Franks 3/3/2011HouseAdded Chief Co-Sponsor Rep. Carol A. Sente 3/8/2011HouseSecond Reading - Short Debate 3/8/2011HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/16/2011HouseAdded Co-Sponsor Rep. Mike Bost 3/30/2011HouseThird Reading - Short Debate - Passed 115-000-000 3/30/2011HouseAdded Co-Sponsor Rep. Cynthia Soto 3/30/2011HouseAdded Co-Sponsor Rep. Karen A. Yarbrough 3/30/2011HouseAdded Co-Sponsor Rep. Elizabeth Hernandez 3/30/2011HouseAdded Co-Sponsor Rep. Edward J. Acevedo 3/30/2011HouseAdded Co-Sponsor Rep. Maria Antonia Berrios 3/30/2011HouseAdded Co-Sponsor Rep. John D'Amico 3/30/2011HouseAdded Co-Sponsor Rep. Susana A. Mendoza 3/30/2011HouseAdded Co-Sponsor Rep. Daniel J. Burke 3/31/2011SenateArrive in Senate 3/31/2011SenatePlaced on Calendar Order of First Reading April 6, 2011 4/4/2011SenateChief Senate Sponsor Sen. Jacqueline Y. Collins 4/7/2011SenateFirst Reading 4/7/2011SenateReferred to Assignments 4/27/2011SenateAssigned to Financial Institutions 5/5/2011SenateDo Pass Financial Institutions; 011-000-000 5/5/2011SenatePlaced on Calendar Order of 2nd Reading May 6, 2011 5/6/2011SenateSecond Reading 5/6/2011SenatePlaced on Calendar Order of 3rd Reading May 10, 2011 5/12/2011SenateThird Reading - Passed; 057-000-000 5/12/2011HousePassed Both Houses 6/10/2011HouseSent to the Governor 8/8/2011HouseGovernor Approved 8/8/2011HouseEffective Date August 8, 2011 8/8/2011HousePublic Act . . . . . . . . . 97-0270