Bill Status of HB 1619   104th General Assembly


Short Description:  CEMETERIES-DISTRIBUTIONS

House Sponsors
Rep. Jaime M. Andrade, Jr.

Last Action  View All Actions

DateChamber Action
  1/28/2025HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
760 ILCS 100/2from Ch. 21, par. 64.2
760 ILCS 100/3from Ch. 21, par. 64.3
760 ILCS 100/3.1 new
760 ILCS 100/4from Ch. 21, par. 64.4
760 ILCS 100/4.1 new
760 ILCS 100/4.2 new
760 ILCS 100/5from Ch. 21, par. 64.5
760 ILCS 100/14from Ch. 21, par. 64.14
760 ILCS 100/15afrom Ch. 21, par. 64.15a
760 ILCS 100/25 rep.

Synopsis As Introduced
Amends the Cemetery Care Act. Defines "average fair market value", "total return percentage", and "net income". Provides that a trustee may apply to the Comptroller to establish a master trust fund in which deposits are made. Allows a cemetery authority to take distributions from its fund either by distributing ordinary income or total return distribution. Requires an application for the implementation of the total return distribution method to be submitted to the Comptroller at least 120 days before the effective date of the election to receive total return distribution. Allows, where no receiver is available, a circuit court to order a willing local municipality, township, county, or city to take over the cemetery. Repeals a provision regarding the use of care funds. Makes other changes. Effective January 1, 2027.

Actions 
DateChamber Action
  1/23/2025HouseFiled with the Clerk by Rep. Jaime M. Andrade, Jr.
  1/28/2025HouseFirst Reading
  1/28/2025HouseReferred to Rules Committee

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