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HB 4560

Illinois House of Representatives bill in Session 104.

Status: enrolled. Latest action: May 14, 2026.

TREASURER-PRESENTMENT WARRANTY.

Bill ID IL-104-HB-4560
Session 104
Status enrolled
Committee Assignments
House of Representatives enrolled 2026-05-14
Business / Commerce
Summary

Amends the State Treasurer Act. Provides that the State Treasurer may bring a claim against a warrantor of a draft for breach of a presentment warranty to recover State funds in accordance with the Uniform Commercial Code. Provides that a claim brought by the State Treasurer is not subject to the limitations provided for in those provisions of the Uniform Commercial Code. Provides that the amendatory changes are declaratory of existing law. Effective immediately.

Sponsor
Michael J. Kelly
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-30 Introduced Bill introduced
2026-05-14 Status enrolled
2026-05-14 Latest Action 5/14/2026 - House:
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