IL HB5359 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
August 17 2012 - Public Act . . . . . . . . . 97-1002
Text: Latest bill text (Chaptered) [HTML]
August 17 2012 - Public Act . . . . . . . . . 97-1002
Text: Latest bill text (Chaptered) [HTML]
Summary
Amends the Real Estate License Act of 2000. Creates a provision concerning the confidentiality of all information collected by the Department in the course of an examination or investigation of a licensee or applicant. Removes language that provides that when any aggrieved party commences action for a judgment that may result in collection from the Real Estate Recovery Fund, the aggrieved person must notify the Department of Financial and Professional Regulation in writing to this effect within 7 days of the commencement of the action. Provides that an aggrieved party, in an action that may result in a judgment that may result in the collection from the Real Estate Recovery Fund, shall give written notice to the Department within 30 days after entry of the judgment and provide the Department with copies of the pleadings upon which the default judgment was entered and of the default judgment order. Provides that the Department shall file a written response with the court stating that the Department has no objection to a claim on the Real Estate Recovery Fund by the aggrieved party or that the Department objects to such claim stating the basis for such objection. Provides that there is no limitation as to when an action against a person for violating the terms of the Act or its rules may be taken by the Department if it is alleged that an initial application for licensure contains false or misleading information. Also makes changes in provisions concerning continuing education requirements; managing brokers, brokers, or salespersons; advertising; grounds for discipline; and power of the Department to defend. Effective immediately.
Title
REAL ESTATE ACT-LEGAL ACTIONS
Sponsors
Roll Calls
2012-05-30 - Concurrence in House (Y: 115 N: 0 NV: 2) [PASS]
2012-05-22 - Third Reading in Senate (Y: 57 N: 0 NV: 2) [PASS]
2012-03-22 - Third Reading in House (Y: 109 N: 0 NV: 1) [PASS]
2012-05-22 - Third Reading in Senate (Y: 57 N: 0 NV: 2) [PASS]
2012-03-22 - Third Reading in House (Y: 109 N: 0 NV: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2012-08-17 | House | Public Act . . . . . . . . . 97-1002 |
| 2012-08-17 | House | Effective Date August 17, 2012 |
| 2012-08-17 | House | Governor Approved |
| 2012-06-28 | House | Sent to the Governor |
| 2012-05-30 | House | Passed Both Houses |
| 2012-05-30 | House | Senate Committee Amendment No. 1 House Concurs 115-000-000 |
| 2012-05-29 | House | Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Rules Committee; 004-000-000 |
| 2012-05-28 | House | Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee |
| 2012-05-28 | House | Senate Committee Amendment No. 1 Motion Filed Concur Rep. Robert Rita |
| 2012-05-22 | House | Placed on Calendar Order of Concurrence Senate Amendment(s) 1 |
| 2012-05-22 | House | Arrived in House |
| 2012-05-22 | Senate | Third Reading - Passed; 057-000-000 |
| 2012-05-02 | Senate | Placed on Calendar Order of 3rd Reading May 3, 2012 |
| 2012-05-02 | Senate | Second Reading |
| 2012-04-18 | Senate | Placed on Calendar Order of 2nd Reading April 19, 2012 |
| 2012-04-18 | Senate | Do Pass as Amended Licensed Activities; 008-000-000 |
| 2012-04-18 | Senate | Senate Committee Amendment No. 1 Adopted |
| 2012-04-18 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Licensed Activities |
| 2012-04-17 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 2012-04-17 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine |
| 2012-04-11 | Senate | Assigned to Licensed Activities |
| 2012-03-23 | Senate | Referred to Assignments |
| 2012-03-23 | Senate | First Reading |
| 2012-03-23 | Senate | Chief Senate Sponsor Sen. William R. Haine |
| 2012-03-22 | Senate | Placed on Calendar Order of First Reading March 23, 2012 |
| 2012-03-22 | Senate | Arrive in Senate |
| 2012-03-22 | House | Third Reading - Short Debate - Passed 109-000-000 |
| 2012-03-21 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2012-03-21 | House | Second Reading - Short Debate |
| 2012-03-09 | House | Placed on Calendar 2nd Reading - Short Debate |
| 2012-03-07 | House | Do Pass / Short Debate Business & Occupational Licenses Committee; 011-000-000 |
| 2012-03-06 | House | Added Chief Co-Sponsor Rep. Angelo Saviano |
| 2012-02-27 | House | Assigned to Business & Occupational Licenses Committee |
| 2012-02-15 | House | Referred to Rules Committee |
| 2012-02-15 | House | First Reading |
| 2012-02-08 | House | Filed with the Clerk by Rep. Robert Rita |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 225 | 454 | 10-30 | Amended Code | Citation Text |
| 225 | 454 | 20-115 | Amended Code | Citation Text |
| 225 | 454 | 20-20 | Amended Code | Citation Text |
| 225 | 454 | 20-78 | New Code | See Bill Text |
| 225 | 454 | 20-90 | Amended Code | Citation Text |
| 225 | 454 | 20-95 | Amended Code | Citation Text |
| 225 | 454 | 5-70 | Amended Code | Citation Text |
