POE. 750 ILCS 5/503 from Ch. 40, par. 503 Amends the Illinois Marriage and Dissolution of Marriage Act. Provides that spouses' common ownership of marital property vests (i) at the time of the marriage, if the dissolution proceedings are commenced within 3 years after that time, or (ii) 3 years before the commencement of the dissolution proceedings, if the marriage occurred more than 3 years before that commencement. (Under current law, common ownership vests at the time dissolution proceedings are commenced.) MAR-01-2001 H FILED WITH CLERK MAR-01-2001 H FIRST READING MAR-01-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES MAR-06-2001 H ASSIGNED TO COMMITTEE JUD-CIVIL LAW MAR-16-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary