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<xml>
<title>Illinois General Assembly - Bill Status for SB 2291   </title>
<shortdesc>CIV PRO-JUDGMENT EXEMPT PROP</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. John J. Cullerton-Christine Radogno and Edward D. Maloney</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Kevin A. McCarthy)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>735 ILCS 5/12-1001</reference><aliasreference>from Ch. 110, par. 12-1001</aliasreference><SynopsisText>Amends the Code of Civil Procedure. Provides that moneys held in an account invested in the Illinois College Savings Pool of which the debtor is a participant or donor is personal property that is exempt from judgment, attachment, or distress from rent except for: (i) contributions to the account made with the intent to hinder, delay, or defraud any creditor, (ii) certain contributions to the account made during the 365 day period prior to the date of the debtor filing for bankruptcy in excess of the annual gift tax exclusion; or (iii) certain contributions to the account made during the 730 to 366 day period prior to the date of the debtor filing for bankruptcy in excess of the annual gift tax exclusion.</SynopsisText><synopsistitle>Senate Committee Amendment No. 1</synopsistitle>
<reftype>Adds reference to:</reftype><reference>15 ILCS 505/16.5</reference><aliasreference></aliasreference><SynopsisText>Deletes everything after the enacting clause. Reinserts the provisions of the Bill as introduced. Amends the State Treasurer Act to provide that moneys held in an account invested in the Illinois College Savings Pool shall be exempt from all claims of the creditors of the participant, donor, or designated beneficiary of that account, except for non-exempt College Savings Pool transfers to or from the account. Defines "participant" and "donor".</SynopsisText></synopsis>
<actions>
<statusdate>1/12/2006</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. John J. Cullerton</action>
<statusdate>1/12/2006</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/12/2006</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>2/8/2006</statusdate><chamber>Senate</chamber><action>Assigned to Judiciary</action>
<statusdate>2/9/2006</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton</action>
<statusdate>2/9/2006</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Rules</action>
<statusdate>2/14/2006</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Rules Refers to  Judiciary</action>
<statusdate>2/14/2006</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Adopted</action>
<statusdate>2/15/2006</statusdate><chamber>Senate</chamber><action>Do Pass as Amended Judiciary;  010-000-000</action>
<statusdate>2/15/2006</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading February 16, 2006</action>
<statusdate>2/15/2006</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Christine Radogno</action>
<statusdate>2/16/2006</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>2/16/2006</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading February 22, 2006</action>
<statusdate>2/22/2006</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Edward D. Maloney</action>
<statusdate>2/22/2006</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 052-000-000</action>
<statusdate>2/22/2006</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>2/22/2006</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>2/23/2006</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Kevin A. McCarthy</action>
<statusdate>2/23/2006</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/23/2006</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

