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<xml>
<title>Illinois General Assembly - Bill Status for HB 4937         </title>
<shortdesc>STATE TREASURER-ABLE ACCOUNTS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Dagmara Avelar-Natalie A. Manley</sponsors>
<sponsorhead2>Senate Sponsors</sponsorhead2><altsponsors>(Sen. Laura Ellman)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>15 ILCS 505/16.6</reference><aliasreference></aliasreference><SynopsisText>     Amends the State Treasurer Act. In provisions concerning the ABLE account program, provides that a "designated representative" means a person or entity (currently, person only) who is authorized to act on behalf of a "designated beneficiary". Provides that a person or entity seeking to open an ABLE account on behalf of a designated beneficiary must provide certification, subject to penalties of perjury, of the basis for the person's or entity's authority to act as a designated representative and that there is no other person or entity with higher priority to establish the ABLE account. Removes provisions allowing the State Treasurer to recognize specified persons or entities as a designated representative without appointment by a court. Provides that the State Treasurer may require any certifications that he or she deems necessary to implement the ABLE program, including oaths or affirmations made under penalties of perjury. Defines "Internal Revenue Code". Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/25/2022</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Dagmara Avelar</action>
<statusdate>1/27/2022</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/27/2022</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/1/2022</statusdate><chamber>House</chamber><action>Assigned to State Government Administration Committee</action>
<statusdate>2/9/2022</statusdate><chamber>House</chamber><action>Do Pass / Consent Calendar State Government Administration Committee;  008-000-000</action>
<statusdate>2/15/2022</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Consent Calendar</action>
<statusdate>2/15/2022</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Natalie A. Manley</action>
<statusdate>2/17/2022</statusdate><chamber>House</chamber><action>Second Reading - Consent Calendar</action>
<statusdate>2/17/2022</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Consent Calendar</action>
<statusdate>3/1/2022</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Consent Calendar</action>
<statusdate>3/2/2022</statusdate><chamber>House</chamber><action>Third Reading - Consent Calendar - First Day</action>
<statusdate>3/3/2022</statusdate><chamber>House</chamber><action>Third Reading - Consent Calendar -  Passed 104-000-000</action>
<statusdate>3/4/2022</statusdate><chamber>Senate</chamber><action>Arrive in Senate</action>
<statusdate>3/4/2022</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>3/4/2022</statusdate><chamber>Senate</chamber><action>Chief Senate Sponsor Sen. Laura Ellman</action>
<statusdate>3/4/2022</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>3/4/2022</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

