IL HB2627 | 2015-2016 | 99th General Assembly
Status
Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Passed on July 28 2015 - 100% progression
Action: 2015-07-28 - Public Act . . . . . . . . . 99-0150
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Passed on July 28 2015 - 100% progression
Action: 2015-07-28 - Public Act . . . . . . . . . 99-0150
Text: Latest bill text (Chaptered) [HTML]
Summary
Amends the High Risk Home Loan Act. Includes within the definition of the term "high risk home loan" a consumer credit transaction that is secured by the consumer's principal personal dwelling if the dwelling is personal property. Effective immediately.
Title
HIGH RSK HOME LOAN PERSNL PROP
Sponsors
| Rep. Frank Mautino [D] | Rep. Cynthia Soto [D] | Rep. John Bradley [D] | Rep. Peter Breen [R] |
| Sen. Terry Link [D] |
Roll Calls
2015-05-21 - Senate - Third Reading in Senate (Y: 52 N: 0 NV: 7 Abs: 0) [PASS]
2015-04-23 - House - Third Reading in House (Y: 80 N: 34 NV: 1 Abs: 0) [PASS]
2015-04-23 - House - Third Reading in House (Y: 80 N: 34 NV: 1 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2015-07-28 | House | Public Act . . . . . . . . . 99-0150 |
| 2015-07-28 | House | Effective Date July 28, 2015 |
| 2015-07-28 | House | Governor Approved |
| 2015-06-19 | House | Sent to the Governor |
| 2015-05-21 | House | Passed Both Houses |
| 2015-05-21 | Senate | Third Reading - Passed; 052-000-000 |
| 2015-05-19 | Senate | Placed on Calendar Order of 3rd Reading May 20, 2015 |
| 2015-05-19 | Senate | Second Reading |
| 2015-05-13 | Senate | Placed on Calendar Order of 2nd Reading May 14, 2015 |
| 2015-05-13 | Senate | Do Pass Financial Institutions; 009-001-000 |
| 2015-04-29 | Senate | Assigned to Financial Institutions |
| 2015-04-28 | Senate | Referred to Assignments |
| 2015-04-28 | Senate | First Reading |
| 2015-04-23 | Senate | Chief Senate Sponsor Sen. Terry Link |
| 2015-04-23 | Senate | Placed on Calendar Order of First Reading |
| 2015-04-23 | Senate | Arrive in Senate |
| 2015-04-23 | House | Third Reading - Short Debate - Passed 080-034-000 |
| 2015-04-15 | House | Added Co-Sponsor Rep. Peter Breen |
| 2015-04-15 | House | Added Chief Co-Sponsor Rep. John Bradley |
| 2015-03-25 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2015-03-25 | House | Second Reading - Short Debate |
| 2015-03-18 | House | Placed on Calendar 2nd Reading - Short Debate |
| 2015-03-17 | House | Do Pass / Short Debate Financial Institutions Committee; 021-000-000 |
| 2015-03-16 | House | Added Chief Co-Sponsor Rep. Cynthia Soto |
| 2015-03-10 | House | Assigned to Financial Institutions Committee |
| 2015-02-19 | House | Referred to Rules Committee |
| 2015-02-19 | House | First Reading |
| 2015-02-19 | House | Filed with the Clerk by Rep. Frank J. Mautino |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 815 | 137 | 10 | Amended Code | Citation Text |
