# Illinois HB0029: UNIFORM SPECIAL DEPOSITS ACT

Illinois HB0029, UNIFORM SPECIAL DEPOSITS ACT, is a 104th General Assembly (2025–2026) House bill sponsored by Daniel Didech (Democratic); status in committee, last action 2025-03-21 (Rule 19(a) / Re-referred to Rules Committee) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-HB0029-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois HB0029
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: UNIFORM SPECIAL DEPOSITS ACT
- Status: in committee
- Chamber: House
- Introduced: 2024-12-05
- Last action: 2025-03-21, Rule 19(a) / Re-referred to Rules Committee
- Sponsor: Daniel Didech (Democratic)
- Cosponsors: 0
- Subjects: judiciary - civil
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Creates the Uniform Special Deposits Act. Provides that the Act applies to a special deposit under an account agreement that states the intention of the parties to establish a special deposit, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to the State. Provides that a special deposit must serve at least one permissible purpose stated in the account agreement from the time the special deposit is created in the account agreement until termination of the special deposit. Provides that, unless the account agreement provides otherwise, a bank is obligated to pay a beneficiary if there are sufficient actually and finally collected funds in the balance of the special deposit. Provides that a court may enjoin a bank from paying a depositor or beneficiary only if payment would constitute a material fraud or facilitate a material fraud with respect to a special deposit.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Daniel Didech (Democratic), House

## Actions (5)

- 2025-03-21: Rule 19(a) / Re-referred to Rules Committee (House)
- 2025-02-04: Assigned to Judiciary - Civil Committee (House)
- 2025-01-09: Referred to Rules Committee (House)
- 2025-01-09: First Reading (House)
- 2024-12-05: Prefiled with Clerk by Rep. Daniel Didech (House)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB0029.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB0029.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IL-HB0029-2025-2026 (as of 2026-11-01).