That has never been possible with ai files in my recollection. Only PSD. 

I ended up in the same situation as you a couple weeks ago, with client provided storyboard layouts all done in Illustrator. Ended up purchasing Overlord. From the same dev as Rubber Hose. Did the trick for me. It's got some wonky things that don't quite work as a "magic button" solution. But it does handle the text exactly as I needed. It's an extension instead of a plugin. So it has a bit of a different install process. 

https://www.battleaxe.co/overlord

///Greg Balint
//Art Director / Motion Graphics Designer
/321.514.4839
delRAZOR.com/

On Tue, Mar 12, 2019, 8:57 PM Adam Mercado <AE-List@media-motion.tv> wrote:

Okay it seems something that was super easy is now not. I’ve used this feature a bazillion times in CC14 but it’s not available in CC18

I have an illustrator file with all text in the file spread out over 274 layers (good god adobe why on earth are we still playing this stupid game in 2019, why is it so hard to implement comp import behavior the same as photoshop (poundHeadOnWall() )

When the AI is imported into AE the function to Convert to Editable Text is grayed out.

What’s the trick?

Adam Mercado
Owner & Creative Idiot
Influxx Media Production
714.928.9896

Moving Images. For Business

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