republic-os/legislation/us/states/il/103rd/sb-3343.md

---
type: "Bill"
title: "FINANCE-RUUPA"
description: "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."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "103rd"
identifier: "SB 3343"
citation: "Illinois SB 3343 (103rd)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Marcus C. Evans, Jr.", "Robert F. Martwick"]
version_count: 4
action_count: 33
vote_count: 5
first_action: "2024-02-07"
last_action: "2024-08-09"
source: "openstates"
source_identifier: "ocd-bill/8f9efa59-5eb2-4b14-9959-8c927a04c841"
source_url: "https://beta.ilga.gov/Legislation/BillStatus?DocNum=3343&GAID=17&DocTypeID=SB&LegId=152811&SessionID=112"
source_hash: "a4465eca6c9fc79df091256870d802185a641d676ad709fd5752efe4b31c192b"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---

# 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.

1. **Introduced** (filed) — [source](https://beta.ilga.gov/documents/legislation/103/SB/PDF/10300SB3343.pdf)
2. **Engrossed** (committee substitute) — [source](https://beta.ilga.gov/documents/legislation/103/SB/PDF/10300SB3343eng.pdf)
3. **Senate Amendment 001** (committee substitute) — [source](https://beta.ilga.gov/documents/legislation/103/SB/PDF/10300SB3343sam001.pdf)
4. **Enrolled** (enrolled) — [source](https://beta.ilga.gov/documents/legislation/103/SB/PDF/10300SB3343enr.pdf)

## 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](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/8f9efa59-5eb2-4b14-9959-8c927a04c841`. Confidence: reported (aggregated from official Illinois legislature records).