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Key Votes

SB 1682 - Pre-need Funeral Funds Amendments - Key Vote

Illinois Key Votes

Pat Quinn vetoed (Amendatory Veto) this Legislation.

Read statements Pat Quinn made in this general time period.

Stages

Family

Issues

Stage Details

Legislation - Vetoed (Amendatory Veto) (Executive) -

Title: Pre-need Funeral Funds Amendments

Note:

NOTE: THE GOVERNOR HAS PROPOSED AMENDMENTS TO THE LEGISLATION WHICH MUST EITHER BE OVERRIDDEN OR CONCURRED WITH BY THE GENERAL ASSEMBLY BEFORE THE BILL BECOMES LAW.

Legislation - Bill Passed With Amendment (House) (71-30) - (Key vote)

Title: Pre-need Funeral Funds Amendments

Vote Smart's Synopsis:

Vote to pass a bill that changes regulations for pre-need funeral funds, requiring fees, disclosure, and management by a corporate fiduciary.

Highlights:
-Requires a $5 fee for each pre-need contract, which is sent to the Comptroller and deposited into the Pre-need Funeral Consumer Protection Fund, created to insure against losses in the fund (Sec.1a-2). -Provides the process for receiving restitution money from the Fund if an individual fails to receive their benefits or their contract gets cancelled (Sec.1a-2). -Requires trust arrangements regarding pre-need funeral funds to be maintained by a corporate fiduciary (Sec.2). -Requires the management of a pre-need funeral trust to at least annually give all purchasers receipts, disbursements, inventory notes and explanation of fees and expenses (Sec.2).
Legislation - Introduced (Senate) -

Title: Pre-need Funeral Funds Amendments

Sponsors

  • Deanna Demuzio (IL - D) (Out Of Office)
  • Lisa M. Dugan (IL - D) (Out Of Office)

Co-sponsors

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