# Illinois HB4436: TRUST CD-VIRTUOUS TRUSTS

Illinois HB4436, TRUST CD-VIRTUOUS TRUSTS, is a 104th General Assembly (2025–2026) House bill sponsored by no sponsor on record; status passed house, last action 2026-04-28 (Referred to Assignments) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-HB4436-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois HB4436
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: TRUST CD-VIRTUOUS TRUSTS
- Status: passed house
- Chamber: House
- Introduced: 2026-01-14
- Last action: 2026-04-28, Referred to Assignments
- Sponsors: no sponsor on record
- Cosponsors: 2
- Subjects: judiciary - civil, assignments
- Touches household money: no
- Roll calls: 2 (126 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

Amends the Illinois Trust Code. Allows a virtuous trust to be created for a business or other noncharitable purpose without a definite or definitely ascertainable beneficiary. Requires a virtuous trust to be created by a written instrument. Allows a virtuous trust to hold an ownership interest of any corporation, partnership, limited partnership, cooperative, limited liability company, limited liability partnership, or joint venture. Provides that a trustee of a virtuous trust or a virtuous trust shall not be deemed to violate the trustee's duties by virtue of the trustee investing and managing the trust's assets pursuant to the terms and the purposes of the trust. Exempts a virtuous trust from the common law rule against perpetuities. Allows a virtuous trust to be enforced by one or more trust enforcers appointed in the trust instruction, and allows a virtuous trust instrument to provide for appointing successor trust enforcers. Requires a virtuous trust to have a trust purpose committee with at least 3 persons as members. Includes provisions related to the trust purpose committee, including appointment procedures, voting procedures, powers of the committee, resignation procedures, and reporting requirements. Provides that property of a virtuous trust may be applied only to its intended use. Allows the trust purpose committee and the trust enforcers to modify or terminate a virtuous trust by unanimous agreement. Prohibits a person serving as a trustee from serving as a trust enforcer or as a member of the trust purpose committee. Makes conforming changes.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Cosponsor: John F. Curran (Republican), Senate
- Cosponsor: Kam Buckner (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-04-14 | House | Third Reading - Short Debate - Passed | pass | 108 | 0 |   |
| 2026-03-25 | House | Do Pass / Short Debate Judiciary - Civil Committee; | pass | 18 | 0 |   |

## Actions (14)

- 2026-04-28: Referred to Assignments (Senate)
- 2026-04-28: First Reading (Senate)
- 2026-04-28: Chief Senate Sponsor Sen. John F. Curran (Senate)
- 2026-04-15: Placed on Calendar Order of First Reading April 16, 2026 (Senate)
- 2026-04-15: Arrive in Senate (Senate)
- 2026-04-14: Third Reading - Short Debate - Passed 108-000-000 (House)
- 2026-04-07: Placed on Calendar Order of 3rd Reading - Short Debate (House)
- 2026-04-07: Second Reading - Short Debate (House)
- 2026-03-25: Placed on Calendar 2nd Reading - Short Debate (House)
- 2026-03-25: Do Pass / Short Debate Judiciary - Civil Committee; 018-000-000 (House)
- 2026-03-04: Assigned to Judiciary - Civil Committee (House)
- 2026-01-20: Referred to Rules Committee (House)
- 2026-01-20: First Reading (House)
- 2026-01-14: Filed with the Clerk by Rep. Kam Buckner (House)

## Bill text

- Engrossed: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4436eng.pdf)
- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4436.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
- [Engrossed (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4436eng.pdf)
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4436.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-HB4436-2025-2026 (as of 2026-11-01).