CHILD SUPPORT-LIFE INSURANCE House SponsorsRep. Jil Tracy Senate Sponsors(Sen. Iris Y. Martinez) 8/2/2012HousePublic Act . . . . . . . . . 97-0878 750 ILCS 5/505from Ch. 40, par. 505 Amends the Illinois Marriage and Dissolution of Marriage Act. Provides that in determining "net income", the total of all income from all sources is not reduced by the total income premiums for life insurance ordered by the court to reasonably secure payment of support for non-minor children and educational expenses, terms agreed to by the parties, or payment of maintenance (through existing or new life insurance). Effective immediately. 1/6/2012HouseFiled with the Clerk by Rep. Jil Tracy 1/10/2012HouseFirst Reading 1/10/2012HouseReferred to Rules Committee 2/7/2012HouseAssigned to Judiciary I - Civil Law Committee 2/22/2012HouseDo Pass / Short Debate Judiciary I - Civil Law Committee; 007-000-000 2/22/2012HousePlaced on Calendar 2nd Reading - Short Debate 2/23/2012HouseSecond Reading - Short Debate 2/23/2012HousePlaced on Calendar Order of 3rd Reading - Short Debate 2/28/2012HouseThird Reading - Short Debate - Passed 117-000-000 2/29/2012SenateArrive in Senate 2/29/2012SenatePlaced on Calendar Order of First Reading 2/29/2012SenateChief Senate Sponsor Sen. Iris Y. Martinez 2/29/2012SenateFirst Reading 2/29/2012SenateReferred to Assignments 4/11/2012SenateAssigned to Judiciary 4/18/2012SenateDo Pass Judiciary; 009-000-000 4/18/2012SenatePlaced on Calendar Order of 2nd Reading April 19, 2012 5/2/2012SenateSecond Reading 5/2/2012SenatePlaced on Calendar Order of 3rd Reading May 3, 2012 5/15/2012SenateThird Reading - Passed; 056-000-000 5/15/2012HousePassed Both Houses 6/13/2012HouseSent to the Governor 8/2/2012HouseGovernor Approved 8/2/2012HouseEffective Date August 2, 2012 8/2/2012HousePublic Act . . . . . . . . . 97-0878