Sen. Karina Villa supports SB0343 amendment to Principal and Income Act
Sen. Karina Villa (D-25th) supported SB0343 by voting Yes during the 104th General Assembly on May 31, 2026. As reported by the Illinois Senate, the legislation passed with a 51-6 vote.
The official bill summary notes: "CIVIL LAW-TECH."
Below is our summary, which is based on the actual text of the bill and may provide explanatory interpretation to clarify its details.
The bill makes a technical revision to the Principal and Income Act, updating the section on its short title. It specifically affirms that the Act may be cited as the Principal and Income Act. No additional changes or content are found within the bill's text.
The legislative action recorded for SB0343 was 'House Committee Amendment No. 1 Senate Concurs'.
Villa, a member of the Democratic Party, has represented the 25th Senate District in the Illinois State Senate since 2021, succeeding former state senator Jim Oberweis.
Illinois bills move through a multi-step legislative process, starting with introduction, proceeding through committee stages, floor debate, and votes in both the House and Senate, before reaching the governor for a final decision. The General Assembly meets biennially and, from thousands of measures introduced each session, only a select few make it through the entire process to become law.