IL HB1545 | 2013-2014 | 98th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 6-0)
Status: Passed on August 16 2013 - 100% progression
Action: 2013-08-16 - Public Act . . . . . . . . . 98-0398
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Democrat 6-0)
Status: Passed on August 16 2013 - 100% progression
Action: 2013-08-16 - Public Act . . . . . . . . . 98-0398
Text: Latest bill text (Chaptered) [HTML]
Summary
Amends the Title Insurance Act. Excludes limited liability companies from the requirement that every title insurance agent registration applicant must be 18 years or more of age. Provides that included in every application for registration of a title insurance agent, including a firm, partnership, association, limited liability company, or corporation, shall be an affidavit of the applicant title insurance agent, signed and notarized in front of a notary public, affirming that the applicant and every owner, officer, director, principal, member, or manager of the applicant has never been convicted or pled guilty to any felony or misdemeanor involving a crime of theft or dishonesty. Provides that no person who has had a conviction or pled guilty to any felony or misdemeanor involving theft or dishonesty may be registered by a title insurance company, and no such person may serve as an owner, officer, director, principal, or manager of any registered title insurance agent. Includes additional factors whereby the Secretary of Financial and Professional Regulation may refuse to grant or may suspend or revoke any certificate of authority, registration, or license issued pursuant to the Act or impose a fine for a violation of the Act. Effective January 1, 2014.
Title
TITLE INS-AGENTS-REGISTRATION
Sponsors
Rep. Maria Berrios [D] | Rep. Monique Davis [D] | Rep. Linda LaVia [D] | Rep. Cynthia Soto [D] |
Sen. Iris Martinez [D] | Sen. Jacqueline Collins [D] |
Roll Calls
2013-05-21 - Senate - Third Reading in Senate (Y: 55 N: 0 NV: 4 Abs: 0) [PASS]
2013-03-22 - House - Third Reading in House (Y: 109 N: 0 NV: 0 Abs: 1) [PASS]
2013-03-22 - House - Third Reading in House (Y: 109 N: 0 NV: 0 Abs: 1) [PASS]
History
Date | Chamber | Action |
---|---|---|
2013-08-16 | House | Public Act . . . . . . . . . 98-0398 |
2013-08-16 | House | Effective Date January 1, 2014 |
2013-08-16 | House | Governor Approved |
2013-06-19 | House | Sent to the Governor |
2013-05-21 | House | Passed Both Houses |
2013-05-21 | Senate | Third Reading - Passed; 055-000-001 |
2013-05-20 | Senate | Placed on Calendar Order of 3rd Reading May 21, 2013 |
2013-05-20 | Senate | Second Reading |
2013-05-08 | Senate | Placed on Calendar Order of 2nd Reading May 9, 2013 |
2013-05-08 | Senate | Do Pass Financial Institutions; 006-000-000 |
2013-05-07 | Senate | Added as Alternate Chief Co-Sponsor Sen. Jacqueline Y. Collins |
2013-05-01 | Senate | Postponed - Financial Institutions |
2013-04-16 | Senate | Assigned to Financial Institutions |
2013-04-10 | Senate | Referred to Assignments |
2013-04-10 | Senate | First Reading |
2013-04-08 | Senate | Chief Senate Sponsor Sen. Iris Y. Martinez |
2013-03-22 | Senate | Placed on Calendar Order of First Reading April 10, 2013 |
2013-03-22 | Senate | Arrive in Senate |
2013-03-22 | House | Added Chief Co-Sponsor Rep. Cynthia Soto |
2013-03-22 | House | Third Reading - Short Debate - Passed 109-000-000 |
2013-03-15 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
2013-03-15 | House | Second Reading - Short Debate |
2013-03-14 | House | Placed on Calendar 2nd Reading - Short Debate |
2013-03-13 | House | Do Pass as Amended / Short Debate Business & Occupational Licenses Committee; 010-000-000 |
2013-03-13 | House | House Committee Amendment No. 1 Adopted in Business & Occupational Licenses Committee; by Voice Vote |
2013-03-13 | House | Recommends Do Pass Subcommittee/ Business & Occupational Licenses Committee; 003-000-000 |
2013-03-13 | House | Added Chief Co-Sponsor Rep. Linda Chapa LaVia |
2013-03-13 | House | Added Chief Co-Sponsor Rep. Monique D. Davis |
2013-03-11 | House | House Committee Amendment No. 1 Rules Refers to Business & Occupational Licenses Committee |
2013-03-08 | House | House Committee Amendment No. 1 Referred to Rules Committee |
2013-03-08 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Maria Antonia Berrios |
2013-02-19 | House | Assigned to Business & Occupational Licenses Committee |
2013-02-13 | House | Referred to Rules Committee |
2013-02-13 | House | First Reading |
2013-02-11 | House | Filed with the Clerk by Rep. Maria Antonia Berrios |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
215 | 155 | 16 | Amended Code | Citation Text |
215 | 155 | 21 | Amended Code | Citation Text |