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Bill > HB4541


IL HB4541

IL HB4541
RUUPA OVERPAYMENTS


summary

Introduced
01/22/2026
In Committee
02/11/2026
Crossed Over
Passed
Dead

Introduced Session

Potential new amendment
104th General Assembly

Bill Summary

Amends the Revised Uniform Unclaimed Property Act. Includes within the definition of "property" any overpayment made by any person to a government, governmental subdivision, agency, or instrumentality, including, but not limited to, a payment for any tax, license, or fee that was made in excess of the amount ultimately required of the payor. Provides that the changes made by the amendatory Act is a restatement and clarification of existing law. Effective immediately.

AI Summary

This bill amends the Revised Uniform Unclaimed Property Act to clarify that any overpayment made to a government entity, such as a payment for a tax, license, or fee that exceeds the amount ultimately owed, is considered "property" that could potentially become unclaimed. The bill specifies that this clarification is a restatement of existing law and is effective immediately.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

House State Government Administration Committee Hearing (14:00:00 3/19/2026 Room C-1 Stratton Building) (on 03/19/2026)

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