Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
7.4 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
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| Bill | FINANCE-RUUPA | Amends the State Officials and Employees Money Disposition Act. Provides that examiners of unclaimed property that is reported and remitted to the State Treasurer and custodians contracted by the State of Illinois to hold presumptively abandoned securities or virtual currency may deduct fees prior to remittance in accordance with the Revised Uniform Unclaimed Property Act. Amends the Revised Uniform Unclaimed Property Act. Provides that a corporate bond (rather than a state or municipal bond) is presumed abandoned 3 years after the earliest of the date the bond matures or is called or the obligation to pay the principal of the bond arises. Requires a holder who cannot liquidate virtual currency and cannot otherwise cause virtual currency to be liquidated to promptly notify the administrator in writing. Allows the administrator to direct the holder to either (1) transfer the virtual currency that cannot be liquidated to a custodian selected by the administrator, or (2) continue to hold the virtual currency until the administrator or the holder determines that the virtual currency can be liquidated or there is an indication of apparent owner interest. Requires compliance with the Act before exercising exclusive judicial remedy. Requires any appeal from the administrator's decision to be taken under the provisions of the Administrative Review Law. Provides that provisions governing void agreements does not apply to an apparent owner's agreement with specified CPA firms or their affiliates. Makes other changes. | us/states/il | Illinois General Assembly | 103rd | SB 3343 | Illinois SB 3343 (103rd) |
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enacted |
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4 | 33 | 5 | 2024-02-07 | 2024-08-09 | openstates | ocd-bill/8f9efa59-5eb2-4b14-9959-8c927a04c841 | https://beta.ilga.gov/Legislation/BillStatus?DocNum=3343&GAID=17&DocTypeID=SB&LegId=152811&SessionID=112 | a4465eca6c9fc79df091256870d802185a641d676ad709fd5752efe4b31c192b | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Illinois SB 3343 (103rd) — FINANCE-RUUPA
Amends the State Officials and Employees Money Disposition Act. Provides that examiners of unclaimed property that is reported and remitted to the State Treasurer and custodians contracted by the State of Illinois to hold presumptively abandoned securities or virtual currency may deduct fees prior to remittance in accordance with the Revised Uniform Unclaimed Property Act. Amends the Revised Uniform Unclaimed Property Act. Provides that a corporate bond (rather than a state or municipal bond) is presumed abandoned 3 years after the earliest of the date the bond matures or is called or the obligation to pay the principal of the bond arises. Requires a holder who cannot liquidate virtual currency and cannot otherwise cause virtual currency to be liquidated to promptly notify the administrator in writing. Allows the administrator to direct the holder to either (1) transfer the virtual currency that cannot be liquidated to a custodian selected by the administrator, or (2) continue to hold the virtual currency until the administrator or the holder determines that the virtual currency can be liquidated or there is an indication of apparent owner interest. Requires compliance with the Act before exercising exclusive judicial remedy. Requires any appeal from the administrator's decision to be taken under the provisions of the Administrative Review Law. Provides that provisions governing void agreements does not apply to an apparent owner's agreement with specified CPA firms or their affiliates. Makes other changes.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
- Introduced (filed) — source
- Engrossed (committee substitute) — source
- Senate Amendment 001 (committee substitute) — source
- Enrolled (enrolled) — source
Votes
- Third Reading — 58–0 (pass) · lower
- Financial Institutions & Licensing — 12–0 (pass) · lower
- Judiciary, Amendment 1 — 8–0 (pass) · lower
- Third Reading — 111–0 (pass) · lower
- Judiciary — 8–0 (pass) · lower
Sponsors
- Marcus C. Evans, Jr. — primary (person)
- Robert F. Martwick — primary (person)
- Michael E. Hastings — cosponsor (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2024-02-07 Filed with Secretary by Sen. Robert F. Martwick
filing - 2024-02-07 First Reading
reading-1 - 2024-02-07 Referred to Assignments
- 2024-02-20 Assigned to Judiciary
referral-committee - 2024-03-06 Do Pass Judiciary; 008-000-000
- 2024-03-06 Placed on Calendar Order of 2nd Reading March 7, 2024
reading-2 - 2024-03-13 Added as Co-Sponsor Sen. Michael E. Hastings
- 2024-03-14 Second Reading
reading-2 - 2024-03-14 Placed on Calendar Order of 3rd Reading March 20, 2024
- 2024-03-21 Senate Floor Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick
amendment-introduction - 2024-03-21 Senate Floor Amendment No. 1 Referred to Assignments
- 2024-04-09 Senate Floor Amendment No. 1 Assignments Refers to Judiciary
- 2024-04-10 Senate Floor Amendment No. 1 Recommend Do Adopt Judiciary; 008-000-000
- 2024-04-10 Recalled to Second Reading
reading-2 - 2024-04-10 Senate Floor Amendment No. 1 Adopted
amendment-passage - 2024-04-10 Placed on Calendar Order of 3rd Reading
- 2024-04-10 Third Reading - Passed; 058-000-000
passage, reading-3 - 2024-04-10 Arrived in House
introduction - 2024-04-11 Chief House Sponsor Rep. Marcus C. Evans, Jr.
- 2024-04-11 First Reading
reading-1 - 2024-04-11 Referred to Rules Committee
- 2024-04-24 Assigned to Financial Institutions and Licensing Committee
referral-committee - 2024-04-30 Do Pass / Short Debate Financial Institutions and Licensing Committee; 012-000-000
- 2024-05-01 Placed on Calendar 2nd Reading - Short Debate
reading-2 - 2024-05-07 Second Reading - Short Debate
reading-2 - 2024-05-07 Placed on Calendar Order of 3rd Reading - Short Debate
- 2024-05-17 Third Reading/Final Action Deadline Extended-9(b) May 24, 2024
- 2024-05-23 Third Reading - Short Debate - Passed 111-000-000
passage, reading-3 - 2024-05-23 Passed Both Houses
- 2024-06-21 Sent to the Governor
executive-receipt - 2024-08-09 Governor Approved
executive-signature - 2024-08-09 Effective Date January 1, 2025
- 2024-08-09 Public Act . . . . . . . . . 103-0977
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/8f9efa59-5eb2-4b14-9959-8c927a04c841. Confidence: reported (aggregated from official Illinois legislature records).