Fabio
89 lines
5.0 KiB
Markdown
89 lines
5.0 KiB
Markdown
---
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type: "Bill"
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title: "UNCLAIMED PROP-PROCEEDS"
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description: "Amends the Uniform Disposition of Unclaimed Property Act. Provides for confidentiality of information provided to the State Treasurer under the Act. Changes the notice requirements to owners. Provides that proceeds in excess of $2,500,000 from the sale of abandoned property shall be deposited into the State Pension Fund (instead of into a separate trust fund for the payment of claims). Requires any person or company charging a fee for discovering presumptively abandoned property to be a licensed private detective. Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "93rd"
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identifier: "SB 1095"
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citation: "Illinois SB 1095 (93rd)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: []
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version_count: 3
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action_count: 29
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vote_count: 2
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first_action: "2003-02-19"
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last_action: "2003-08-14"
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source: "openstates"
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source_identifier: "ocd-bill/6350a9a7-4c46-431f-af45-2468fb821b44"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=1095&GAID=3&DocTypeID=SB&LegId=3954&SessionID=3&GA=93"
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source_hash: "71b4e84cf5ef5904fedc74218b42b0715cd4c59b38a0ceb7ab4a38d8f6575127"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois SB 1095 (93rd) — UNCLAIMED PROP-PROCEEDS
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Amends the Uniform Disposition of Unclaimed Property Act. Provides for confidentiality of information provided to the State Treasurer under the Act. Changes the notice requirements to owners. Provides that proceeds in excess of $2,500,000 from the sale of abandoned property shall be deposited into the State Pension Fund (instead of into a separate trust fund for the payment of claims). Requires any person or company charging a fee for discovering presumptively abandoned property to be a licensed private detective. Effective immediately.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09300SB1095&GA=93&SessionId=3&DocTypeId=SB&LegID=3954&DocNum=1095&GAID=3&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09300SB1095eng&GA=93&SessionId=3&DocTypeId=SB&LegID=3954&DocNum=1095&GAID=3&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09300SB1095enr&GA=93&SessionId=3&DocTypeId=SB&LegID=3954&DocNum=1095&GAID=3&Session=&print=true)
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## Votes
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- Third Reading — **116–0** (pass) · lower
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- Third Reading — **58–0** (pass) · upper
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## Sponsors
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- Dave Sullivan — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2003-02-19** Filed with Secretary by Sen. Dave Sullivan `filing`
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- **2003-02-19** First Reading `reading-1`
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- **2003-02-19** Referred to Rules `referral-committee`
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- **2003-02-26** Assigned to Executive `referral-committee`
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- **2003-03-13** Do Pass Executive; 013-000-000 `committee-passage`
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- **2003-03-13** Placed on Calendar Order of 2nd Reading March 18, 2003
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- **2003-03-18** Second Reading `reading-2`
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- **2003-03-18** Placed on Calendar Order of 3rd Reading March 19, 2003
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- **2003-04-04** Third Reading - Passed; 058-000-000 `reading-3, passage`
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- **2003-04-04** Arrived in House `introduction`
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- **2003-04-04** Placed on Calendar Order of First Reading `reading-1`
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- **2003-04-08** Chief House Sponsor Rep. Sidney H. Mathias
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- **2003-04-08** First Reading `reading-1`
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- **2003-04-08** Referred to Rules Committee `referral-committee`
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- **2003-04-08** Alternate Chief Sponsor Changed to Rep. Daniel J. Burke
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- **2003-04-09** Assigned to Executive Committee `referral-committee`
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- **2003-04-28** Added Alternate Chief Co-Sponsor Rep. Sidney H. Mathias
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- **2003-04-29** Re-assigned to Financial Institutions Committee `referral-committee`
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- **2003-05-02** Committee/3rd Reading Deadline Extended-Rule 9(b); May 31, 2003
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- **2003-05-09** Do Pass / Standard Debate Financial Institutions Committee; 010-000-000 `committee-passage`
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- **2003-05-09** Placed on Calendar 2nd Reading - Standard Debate
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- **2003-05-13** Second Reading - Standard Debate `reading-2`
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- **2003-05-13** Placed on Calendar Order of 3rd Reading - Standard Debate
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- **2003-05-21** Third Reading - Standard Debate - Passed 116-000-001 `reading-3, passage`
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- **2003-05-21** Passed Both Houses
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- **2003-06-19** Sent to the Governor `executive-receipt`
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- **2003-08-14** Governor Approved `executive-signature`
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- **2003-08-14** Effective Date August 14, 2003
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- **2003-08-14** Public Act . . . . . . . . . 93-0531 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6350a9a7-4c46-431f-af45-2468fb821b44`. Confidence: reported (aggregated from official Illinois legislature records).
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