Fabio
86 lines
4.5 KiB
Markdown
86 lines
4.5 KiB
Markdown
---
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type: "Bill"
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title: "UNCLAIMED PROP US SAVINGS BOND"
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description: "Amends the Uniform Disposition of Unclaimed Property Act. Provides that a United States Savings bond shall be presumed abandoned when the bond has remained unclaimed and unredeemed for 5 years after its date of final extended maturity. Provides that presumed abandoned and unclaimed bonds escheat to the State. Establishes a procedure by which the State Treasurer may obtain a judicial determination that the bond has escheated to the State."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "99th"
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identifier: "HB 5607"
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citation: "Illinois HB 5607 (99th)"
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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: 26
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vote_count: 2
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first_action: "2016-02-09"
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last_action: "2016-07-15"
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source: "openstates"
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source_identifier: "ocd-bill/3509944c-bbba-4a92-a50d-dfaf1ff9235c"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=5607&GAID=13&DocTypeID=HB&LegId=95042&SessionID=88&GA=99"
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source_hash: "e138323358932f61e600401300236f32b311ea147d2742ce5b6de535b6cf5430"
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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 HB 5607 (99th) — UNCLAIMED PROP US SAVINGS BOND
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Amends the Uniform Disposition of Unclaimed Property Act. Provides that a United States Savings bond shall be presumed abandoned when the bond has remained unclaimed and unredeemed for 5 years after its date of final extended maturity. Provides that presumed abandoned and unclaimed bonds escheat to the State. Establishes a procedure by which the State Treasurer may obtain a judicial determination that the bond has escheated to the State.
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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=09900HB5607&GA=99&SessionId=88&DocTypeId=HB&LegID=95042&DocNum=5607&GAID=13&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900HB5607eng&GA=99&SessionId=88&DocTypeId=HB&LegID=95042&DocNum=5607&GAID=13&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900HB5607enr&GA=99&SessionId=88&DocTypeId=HB&LegID=95042&DocNum=5607&GAID=13&Session=&print=true)
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## Votes
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- Third Reading — **108–6** (pass) · lower
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- Third Reading — **57–0** (pass) · upper
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## Sponsors
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- Lou Lang — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2016-02-09** Filed with the Clerk by Rep. Lou Lang `filing`
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- **2016-02-10** First Reading `reading-1`
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- **2016-02-10** Referred to Rules Committee `referral-committee`
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- **2016-03-23** Assigned to Executive Committee `referral-committee`
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- **2016-04-08** Committee Deadline Extended-Rule 9(b) April 22, 2016
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- **2016-04-14** Do Pass / Short Debate Executive Committee; 010-000-000 `committee-passage`
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- **2016-04-14** Placed on Calendar 2nd Reading - Short Debate
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- **2016-04-15** Second Reading - Short Debate `reading-2`
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- **2016-04-15** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2016-04-19** Third Reading - Short Debate - Passed 108-006-000 `reading-3, passage`
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- **2016-04-19** Arrive in Senate `introduction`
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- **2016-04-19** Placed on Calendar Order of First Reading April 20, 2016 `reading-1`
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- **2016-04-26** Chief Senate Sponsor Sen. Terry Link
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- **2016-04-27** First Reading `reading-1`
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- **2016-04-27** Referred to Assignments `referral-committee`
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- **2016-04-27** Assigned to Judiciary `referral-committee`
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- **2016-05-04** Do Pass Judiciary; 009-000-000 `committee-passage`
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- **2016-05-04** Placed on Calendar Order of 2nd Reading May 5, 2016
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- **2016-05-18** Second Reading `reading-2`
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- **2016-05-18** Placed on Calendar Order of 3rd Reading May 19, 2016
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- **2016-05-25** Third Reading - Passed; 057-000-000 `reading-3, passage`
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- **2016-05-25** Passed Both Houses
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- **2016-06-23** Sent to the Governor `executive-receipt`
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- **2016-07-15** Governor Approved `executive-signature`
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- **2016-07-15** Effective Date January 1, 2017
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- **2016-07-15** Public Act . . . . . . . . . 99-0556 `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/3509944c-bbba-4a92-a50d-dfaf1ff9235c`. Confidence: reported (aggregated from official Illinois legislature records).
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