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<xml>
<title>Illinois General Assembly - Bill Status for HB 4601         </title>
<shortdesc>UNCLAIMED PROP-ACCOUNTS, OWNER</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Thomas M. Bennett</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>765 ILCS 1025/2</reference><aliasreference>from Ch. 141, par. 102</aliasreference><reference>765 ILCS 1025/2a</reference><aliasreference>from Ch. 141, par. 102a</aliasreference><SynopsisText>     Amends the Uniform Disposition of Unclaimed Property Act. Provides that certain property is presumed abandoned after 8 (instead of 5) years. Provides that property is not presumed abandoned if the owner of the property was the recipient of a federal taxable interest statement that was not returned to the sender, a dividend check that was cashed, or any automatic transactions, including dividend investments.</SynopsisText></synopsis>
<actions>
<statusdate>1/28/2016</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Thomas M. Bennett</action>
<statusdate>1/28/2016</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/28/2016</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/23/2016</statusdate><chamber>House</chamber><action>Assigned to Financial Institutions Committee</action>
<statusdate>4/8/2016</statusdate><chamber>House</chamber><action>Committee Deadline Extended-Rule 9(b) April 22, 2016</action>
<statusdate>4/22/2016</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

