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<xml>
<title>Illinois General Assembly - Bill Status for SB 1586         </title>
<shortdesc>RUUPA-AUTOMATED CLEARING HOUSE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Robert F. Martwick and Laura M. Murphy-John Connor</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>765 ILCS 1026/15-210</reference><aliasreference></aliasreference><SynopsisText>Amends the Revised Uniform Unclaimed Property Act. Provides that an apparent owner's interest in property includes a deposit into or withdrawal from an account at a financial organization, including (rather than except for) a recurring Automated Clearing House debit or credit previously authorized by the apparent owner, except for (rather than or) an automatic reinvestment of dividends or interest.</SynopsisText></synopsis>
<actions>
<statusdate>2/26/2021</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Robert F. Martwick</action>
<statusdate>2/26/2021</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/26/2021</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/16/2021</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Laura M. Murphy</action>
<statusdate>3/17/2021</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. John Connor</action>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

