IllinoisHB4541104th General Assembly (2025–2026)HouseWALLET

RUUPA OVERPAYMENTS

Sponsored By: Sponsor information unavailable

Signed by Governor

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.

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 1 benefits, 1 costs, 1 mixed.

Extra government payments enter unclaimed property

Extra tax, license, or fee payments made to a government are covered by Illinois’s unclaimed-property law. People owed an overpayment have a way to claim it through that system. The law does not set a repayment amount or guarantee when the money will be paid.

Some asset-sale records stay private

Asset-purchase agreements and written statements submitted under the large-business exception are exempt from public-records disclosure. The exemption limits public access to those specific documents.

New rules for unclaimed-property buyers

Some buyers of business assets do not need the usual property-finder license when the sale comes from bankruptcy, dissolution, or a similar proceeding. Buyers purchasing from large businesses must register and submit the full agreement and seller proof. A large business has at least $100 million in yearly sales or receipts, 100 full-time U.S. employees, or publicly traded stock; the Treasurer may lower the sales threshold. Claims filed from January 1, 2026 through the law’s effective date also qualify for the large-business exception. Claims filed after January 1, 2026 under agreements signed earlier must include the full agreement and follow the earlier rules.

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

  • Christopher Belt

    Democratic • Senate

  • Diane Blair-Sherlock

    Democratic • House

  • Jason Plummer

    Republican • Senate

  • Lakesia Collins

    Democratic • Senate

  • Robert F. Martwick

    Democratic • Senate

  • Sara Feigenholtz

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 175 • No: 0

Senate vote • 5/14/2026

Third Reading - Passed;

Yes: 58 • No: 0

House vote • 4/8/2026

Third Reading - Short Debate - Passed

Yes: 108 • No: 0 • Other: 2

House vote • 3/19/2026

Do Pass as Amended / Short Debate State Government Administration Committee;

Yes: 9 • No: 0

Actions Timeline

  1. Public Act . . . . . . . . . 104-0496

    6/26/2026House
  2. Effective Date June 26, 2026

    6/26/2026House
  3. Governor Approved

    6/26/2026House
  4. Sent to the Governor

    6/12/2026House
  5. Added as Alternate Co-Sponsor Sen. Sara Feigenholtz

    5/19/2026Senate
  6. Added as Alternate Co-Sponsor Sen. Christopher Belt

    5/15/2026Senate
  7. Passed Both Houses

    5/14/2026House
  8. Added as Alternate Co-Sponsor Sen. Jason Plummer

    5/14/2026Senate
  9. Added as Alternate Co-Sponsor Sen. Lakesia Collins

    5/14/2026Senate
  10. Third Reading - Passed; 058-000-000

    5/14/2026Senate
  11. Placed on Calendar Order of 3rd Reading May 5, 2026

    4/30/2026Senate
  12. Second Reading

    4/30/2026Senate
  13. Placed on Calendar Order of 2nd Reading April 28, 2026

    4/22/2026Senate
  14. Approved for Consideration Assignments

    4/22/2026Senate
  15. Referred to Assignments

    4/14/2026Senate
  16. First Reading

    4/14/2026Senate
  17. Chief Senate Sponsor Sen. Robert F. Martwick

    4/14/2026Senate
  18. Placed on Calendar Order of First Reading April 14, 2026

    4/10/2026Senate
  19. Arrive in Senate

    4/10/2026Senate
  20. Third Reading - Short Debate - Passed 108-000-002

    4/8/2026House
  21. Placed on Calendar Order of 3rd Reading - Short Debate

    4/7/2026House
  22. Second Reading - Short Debate

    4/7/2026House
  23. Placed on Calendar 2nd Reading - Short Debate

    3/20/2026House
  24. House Committee Amendment No. 1 Tabled

    3/19/2026House
  25. Do Pass as Amended / Short Debate State Government Administration Committee; 009-000-000

    3/19/2026House

Bill Text

  • Engrossed

  • Enrolled

  • House Amendment 1

  • House Amendment 2

  • Introduced

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