Loading
Loading
Your feedback directly shapes Sporos.
Sign in to track your feedback history
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.
Introduced
Jan 28, 2025
Last Action
Feb 13, 2026
Session
IL 104th
Sponsors
1 primary · 1 co
Placed on Calendar Order of 3rd Reading - Short Debate
Approved for Consideration Rules Committee; 005-000-000
Rule 19(a) / Re-referred to Rules Committee
Second Reading - Short Debate
Placed on Calendar Order of 3rd Reading - Short Debate
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Consumer Protection Committee; 009-000-000
Assigned to Consumer Protection Committee
Referred to Rules Committee
First Reading
Filed with the Clerk by Rep. Jaime M. Andrade, Jr.
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Placed on Calendar Order of 3rd Reading - Short Debate
Jaime M. Andrade, Jr.