Illinois Bar Journal

Articles on Office of the Treasurer

Funding opportunities for local technology businesses

September
2019
Illinois Law Update
Page 14
The Office of the Treasurer adopted a new Part titled Technology Development Account (TDA) Program (74 IAC 719; Ill. Reg. 3191).

Abandoned financial property rules modified

June
2019
Illinois Law Update
Page 14
The Office of the Treasurer wholesale repealed previous rules on abandoned property in response to the General Assembly's passage of the Uniform Law Commission's legislation titled "Revised Uniform Disposition of Unclaimed Property Act," effective in 2018. The state treasurer adopted new rules (74 Ill. Adm. 17121 (effective March 25, 2019)) drawing heavily on the new legislation.

Statewide payroll deduction IRA program for private sector employees

January
2019
Illinois Law Update
Page 16
The Office of the Treasurer adopted a new part titled Secure Choice Savings Program (4 Ill. Adm. Code 721 (effective Sept. 25, 2018)), which implements the Secure Choice Savings Program Act and establishes a statewide payroll deduction Individual Retirement Account ("IRA") program open to private sector employees.

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