IL HB5359 | 2011-2012 | 97th General Assembly


Status

Completed Legislative Action
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.

Tracking Information

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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]

History

DateChamberAction
2012-08-17HousePublic Act . . . . . . . . . 97-1002
2012-08-17HouseEffective Date August 17, 2012
2012-08-17HouseGovernor Approved
2012-06-28HouseSent to the Governor
2012-05-30HousePassed Both Houses
2012-05-30HouseSenate Committee Amendment No. 1 House Concurs 115-000-000
2012-05-29HouseSenate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Rules Committee; 004-000-000
2012-05-28HouseSenate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
2012-05-28HouseSenate Committee Amendment No. 1 Motion Filed Concur Rep. Robert Rita
2012-05-22HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1
2012-05-22HouseArrived in House
2012-05-22SenateThird Reading - Passed; 057-000-000
2012-05-02SenatePlaced on Calendar Order of 3rd Reading May 3, 2012
2012-05-02SenateSecond Reading
2012-04-18SenatePlaced on Calendar Order of 2nd Reading April 19, 2012
2012-04-18SenateDo Pass as Amended Licensed Activities; 008-000-000
2012-04-18SenateSenate Committee Amendment No. 1 Adopted
2012-04-18SenateSenate Committee Amendment No. 1 Assignments Refers to Licensed Activities
2012-04-17SenateSenate Committee Amendment No. 1 Referred to Assignments
2012-04-17SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine
2012-04-11SenateAssigned to Licensed Activities
2012-03-23SenateReferred to Assignments
2012-03-23SenateFirst Reading
2012-03-23SenateChief Senate Sponsor Sen. William R. Haine
2012-03-22SenatePlaced on Calendar Order of First Reading March 23, 2012
2012-03-22SenateArrive in Senate
2012-03-22HouseThird Reading - Short Debate - Passed 109-000-000
2012-03-21HousePlaced on Calendar Order of 3rd Reading - Short Debate
2012-03-21HouseSecond Reading - Short Debate
2012-03-09HousePlaced on Calendar 2nd Reading - Short Debate
2012-03-07HouseDo Pass / Short Debate Business & Occupational Licenses Committee; 011-000-000
2012-03-06HouseAdded Chief Co-Sponsor Rep. Angelo Saviano
2012-02-27HouseAssigned to Business & Occupational Licenses Committee
2012-02-15HouseReferred to Rules Committee
2012-02-15HouseFirst Reading
2012-02-08HouseFiled with the Clerk by Rep. Robert Rita

Code Citations

ChapterArticleSectionCitation TypeStatute Text
22545410-30Amended CodeCitation Text
22545420-115Amended CodeCitation Text
22545420-20Amended CodeCitation Text
22545420-78New CodeSee Bill Text
22545420-90Amended CodeCitation Text
22545420-95Amended CodeCitation Text
2254545-70Amended CodeCitation Text

Illinois State Sources


Bill Comments

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