ABLE ACCT PROG-ASSET PROTECT Senate SponsorsSen. Scott M. Bennett-Elgie R. Sims, Jr.-Michael Connelly-Jennifer Bertino-Tarrant-Dan McConchie House Sponsors(Rep. Peter Breen-Kelly M. Burke) 8/3/2018SenatePublic Act . . . . . . . . . 100-0713 15 ILCS 505/16.6Amends the State Treasurer Act. Provides that unless prohibited by federal law, upon the death of a designated beneficiary, proceeds from an ABLE account may be transferred to the estate of a designated beneficiary, or to an account for another eligible individual specified by the designated beneficiary or the estate of the designated beneficiary. Provides that an agency or instrumentality of the State may not seek payment under specified provisions of the federal Internal Revenue Code from the account or its proceeds for benefits provided to a designated beneficiary. Effective immediately.Senate Committee Amendment No. 1 Adds reference to:760 ILCS 5/15.1from Ch. 17, par. 1685.1Replaces everything after the enacting clause. Re-inserts the provisions of the introduced bill. Amends the Trusts and Trustees Act. Provides that the court or a person with a disability may irrevocably assign resources of that person to either or both of: (i) an ABLE account; or (ii) a discretionary trust that complies with the Medicaid reimbursement requirements of federal law. Provides that "resources" includes, but is not limited to, any interest in real or personal property, judgment, settlement, annuity, maintenance, minor child support, and support for non-minor children. Provides that assignment is not authorized if otherwise prohibited by law. Provides that a court may reserve the right to determine the amount, duration, or enforcement of the irrevocable assignment. 2/13/2018SenateFiled with Secretary by Sen. Scott M. Bennett 2/13/2018SenateFirst Reading 2/13/2018SenateReferred to Assignments 2/21/2018SenateAssigned to Judiciary 3/7/2018SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Scott M. Bennett 3/7/2018SenateSenate Committee Amendment No. 1 Referred to Assignments 3/13/2018SenateSenate Committee Amendment No. 1 Assignments Refers to Judiciary 3/13/2018SenateSenate Committee Amendment No. 1 Adopted 3/14/2018SenateDo Pass as Amended Judiciary; 011-000-000 3/14/2018SenatePlaced on Calendar Order of 2nd Reading April 10, 2018 3/14/2018SenateAdded as Chief Co-Sponsor Sen. Elgie R. Sims, Jr. 3/14/2018SenateAdded as Chief Co-Sponsor Sen. Michael Connelly 4/10/2018SenateSecond Reading 4/10/2018SenatePlaced on Calendar Order of 3rd Reading April 11, 2018 4/17/2018SenateAdded as Chief Co-Sponsor Sen. Jennifer Bertino-Tarrant 4/17/2018SenateAdded as Chief Co-Sponsor Sen. Dan McConchie 4/17/2018SenateThird Reading - Passed; 054-000-000 4/17/2018HouseArrived in House 4/17/2018HouseChief House Sponsor Rep. Peter Breen 4/17/2018HouseFirst Reading 4/17/2018HouseReferred to Rules Committee 4/26/2018HouseAssigned to Judiciary - Civil Committee 5/9/2018HouseTo Commercial Law Subcommittee 5/16/2018HouseRecommends Do Pass Subcommittee/ Judiciary - Civil Committee; 004-000-000 5/16/2018HouseReported Back To Judiciary - Civil Committee; 5/16/2018HouseDo Pass / Short Debate Judiciary - Civil Committee; 011-000-000 5/16/2018HouseAdded Alternate Chief Co-Sponsor Rep. Kelly M. Burke 5/17/2018HousePlaced on Calendar 2nd Reading - Short Debate 5/18/2018HouseSecond Reading - Short Debate 5/18/2018HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/21/2018HouseThird Reading - Short Debate - Passed 102-000-000 5/21/2018SenatePassed Both Houses 6/19/2018SenateSent to the Governor 8/3/2018SenateGovernor Approved 8/3/2018SenateEffective Date August 3, 2018 8/3/2018SenatePublic Act . . . . . . . . . 100-0713