92nd General Assembly
Status of HB5882
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 Full Text  Bill Summary

   30 ILCS 105/6z-43                                                           

        Amends the  State  Finance  Act.  In  provisions  concerning  the      
   Tobacco   Settlement   Recovery  Fund,  provides  that  in  any  civil      
   litigation under any legal theory  in  which  a  judgment  is  entered      
   against  a  signatory  or  a  successor  to  a signatory of the Master      
   Settlement Agreement, the appeal bond that the signatory or  successor      
   may  be  required to post to stay execution on the judgment during the      
   time that an appeal or discretionary review of the judgment is pending      
   shall be set in accordance with the law and the rules  of  the  court,      
   except  that  in  no  case  may  the  amount of the appeal bond exceed      
   $25,000,000,  regardless  of  the  total  amount  of   the   judgment.      
   Authorizes  a  court  order  to  prevent an appellant's dissipation or      
   diversion of assets. Provides that these changes apply to  any  action      
   pending  on  or  after  the  effective  date  of  this amendatory Act.      
   Effective immediately.                                                      
   FEB-08-2002  H  FILED WITH CLERK                                               
   FEB-08-2002  H  FIRST READING                                                  
   FEB-08-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary