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Fabio 5941153bb7 Legislation: batch B — IL IN KS KY LA MA MD ME MI MN 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:27:20 -04:00

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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
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
Bill TRUSTS-SMALL TRUST TERMINATE Amends the Trusts and Trustees Act. Permits a trustee to terminate a trust if it has a market value of less than $100,000 and the costs of continuing the trust will substantially impair the purpose of the trust. Outlines how distribution shall be made. Provides that a trustee who is an income beneficiary may not participate as a trustee in the exercise of termination power. Provides that the trustee shall give notice to the persons entitled to distribution at least 30 days prior to the effective date of the termination of the trust. Provides that the provisions of the Section concerning small trust termination shall not apply to trusts for domestic or pet animals. us/states/il Illinois General Assembly 95th SB 531 Illinois SB 531 (95th)
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3 36 3 2007-02-08 2007-09-11 openstates ocd-bill/c517c2dd-77d5-4093-9821-c9db40ec2d1e http://ilga.gov/legislation/BillStatus.asp?DocNum=531&GAID=9&DocTypeID=SB&LegId=28337&SessionID=51&GA=95 4256488d22931bd21eea88afedfd14c1c42515e9e3af03a93f8aa2c0d8223738 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
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us-il

Illinois SB 531 (95th) — TRUSTS-SMALL TRUST TERMINATE

Amends the Trusts and Trustees Act. Permits a trustee to terminate a trust if it has a market value of less than $100,000 and the costs of continuing the trust will substantially impair the purpose of the trust. Outlines how distribution shall be made. Provides that a trustee who is an income beneficiary may not participate as a trustee in the exercise of termination power. Provides that the trustee shall give notice to the persons entitled to distribution at least 30 days prior to the effective date of the termination of the trust. Provides that the provisions of the Section concerning small trust termination shall not apply to trusts for domestic or pet animals.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Concurrence — 52–0 (pass) · upper
  • Third Reading — 115–0 (pass) · lower
  • Third Reading — 57–0 (pass) · upper

Sponsors

  • Kirk W. Dillard — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

  • 2007-02-08 Filed with Secretary by Sen. Kirk W. Dillard filing
  • 2007-02-08 First Reading reading-1
  • 2007-02-08 Referred to Rules referral-committee
  • 2007-02-21 Assigned to Judiciary Civil Law referral-committee
  • 2007-03-01 Do Pass Judiciary Civil Law; 010-000-000 committee-passage
  • 2007-03-01 Placed on Calendar Order of 2nd Reading March 2, 2007
  • 2007-03-02 Second Reading reading-2
  • 2007-03-02 Placed on Calendar Order of 3rd Reading March 6, 2007
  • 2007-03-29 Third Reading - Passed; 057-000-000 reading-3, passage
  • 2007-03-30 Arrived in House introduction
  • 2007-03-30 Placed on Calendar Order of First Reading reading-1
  • 2007-04-16 Chief House Sponsor Rep. Mark H. Beaubien, Jr.
  • 2007-04-16 First Reading reading-1
  • 2007-04-16 Referred to Rules Committee referral-committee
  • 2007-04-30 Assigned to Executive Committee referral-committee
  • 2007-05-18 Committee Deadline Extended-Rule 9(b) May 25, 2007
  • 2007-05-25 Final Action Deadline Extended-9(b) May 31, 2007
  • 2007-05-30 House Committee Amendment No. 1 Filed with Clerk by Executive Committee amendment-introduction
  • 2007-05-30 House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote amendment-passage
  • 2007-05-30 Do Pass as Amended / Short Debate Executive Committee; 013-000-000 committee-passage
  • 2007-05-30 Placed on Calendar 2nd Reading - Short Debate
  • 2007-05-30 Second Reading - Short Debate reading-2
  • 2007-05-30 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2007-05-31 Third Reading - Short Debate - Passed 115-000-000 reading-3, passage
  • 2007-05-31 Secretary's Desk - Concurrence House Amendment(s) 01
  • 2007-05-31 Placed on Calendar Order of Concurrence House Amendment(s) 01 - June 1, 2007
  • 2007-06-05 House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Kirk W. Dillard filing
  • 2007-06-05 House Committee Amendment No. 1 Motion to Concur Referred to Rules referral-committee
  • 2007-06-06 House Committee Amendment No. 1 Motion to Concur Rules Referred to Judiciary Civil Law referral-committee
  • 2007-06-07 House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Judiciary Civil Law; 007-000-000
  • 2007-06-14 House Committee Amendment No. 1 Senate Concurs 052-000-000
  • 2007-06-14 Passed Both Houses
  • 2007-07-13 Sent to the Governor executive-receipt
  • 2007-09-11 Governor Approved executive-signature
  • 2007-09-11 Effective Date June 1, 2008
  • 2007-09-11 Public Act . . . . . . . . . 95-0605 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/c517c2dd-77d5-4093-9821-c9db40ec2d1e. Confidence: reported (aggregated from official Illinois legislature records).

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