Bill Status of SB 3583   103rd General Assembly

Short Description:  TRUST CODE-CHARITIES

Senate Sponsors
Sen. Laura Fine

Last Action  View All Actions

DateChamber Action
  1/7/2025SenateSession Sine Die

Statutes Amended In Order of Appearance
760 ILCS 3/103

Synopsis As Introduced
Amends the Illinois Trust Code. Amends the definition of "charitable trust" to exclude: (i) a testamentary trust that provides for ancillary charitable gifts or distributions in addition to posthumous distributions to persons, not charitable organizations, that has become irrevocable through the death of the testator and is capable of being settled and terminated within 18 months of such death, during such period of settlement and termination; or (ii) a testamentary estate that provides for ancillary charitable gifts or bequests in addition to bequests to persons not charitable organizations.

Actions 
DateChamber Action
  2/9/2024SenateFiled with Secretary by Sen. Laura Fine
  2/9/2024SenateFirst Reading
  2/9/2024SenateReferred to Assignments
  1/7/2025SenateSession Sine Die

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