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]

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.

Tracking Information

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Title

TITLE INS-AGENTS-REGISTRATION

Sponsors


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]

History

DateChamberAction
2013-08-16HousePublic Act . . . . . . . . . 98-0398
2013-08-16HouseEffective Date January 1, 2014
2013-08-16HouseGovernor Approved
2013-06-19HouseSent to the Governor
2013-05-21HousePassed Both Houses
2013-05-21SenateThird Reading - Passed; 055-000-001
2013-05-20SenatePlaced on Calendar Order of 3rd Reading May 21, 2013
2013-05-20SenateSecond Reading
2013-05-08SenatePlaced on Calendar Order of 2nd Reading May 9, 2013
2013-05-08SenateDo Pass Financial Institutions; 006-000-000
2013-05-07SenateAdded as Alternate Chief Co-Sponsor Sen. Jacqueline Y. Collins
2013-05-01SenatePostponed - Financial Institutions
2013-04-16SenateAssigned to Financial Institutions
2013-04-10SenateReferred to Assignments
2013-04-10SenateFirst Reading
2013-04-08SenateChief Senate Sponsor Sen. Iris Y. Martinez
2013-03-22SenatePlaced on Calendar Order of First Reading April 10, 2013
2013-03-22SenateArrive in Senate
2013-03-22HouseAdded Chief Co-Sponsor Rep. Cynthia Soto
2013-03-22HouseThird Reading - Short Debate - Passed 109-000-000
2013-03-15HousePlaced on Calendar Order of 3rd Reading - Short Debate
2013-03-15HouseSecond Reading - Short Debate
2013-03-14HousePlaced on Calendar 2nd Reading - Short Debate
2013-03-13HouseDo Pass as Amended / Short Debate Business & Occupational Licenses Committee; 010-000-000
2013-03-13HouseHouse Committee Amendment No. 1 Adopted in Business & Occupational Licenses Committee; by Voice Vote
2013-03-13HouseRecommends Do Pass Subcommittee/ Business & Occupational Licenses Committee; 003-000-000
2013-03-13HouseAdded Chief Co-Sponsor Rep. Linda Chapa LaVia
2013-03-13HouseAdded Chief Co-Sponsor Rep. Monique D. Davis
2013-03-11HouseHouse Committee Amendment No. 1 Rules Refers to Business & Occupational Licenses Committee
2013-03-08HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2013-03-08HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Maria Antonia Berrios
2013-02-19HouseAssigned to Business & Occupational Licenses Committee
2013-02-13HouseReferred to Rules Committee
2013-02-13HouseFirst Reading
2013-02-11HouseFiled with the Clerk by Rep. Maria Antonia Berrios

Code Citations

ChapterArticleSectionCitation TypeStatute Text
21515516Amended CodeCitation Text
21515521Amended CodeCitation Text

Illinois State Sources


Bill Comments

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