IL HB2815 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Predatory Lending Database Article of the Residential Real Property Disclosure Act. Changes the definition of "counseling" and "originator". Provides that each certificate of compliance with the Article or certificate of exemption must contain, at a minimum, one of the borrower's names on the mortgage loan and the property index number for the subject property. Makes changes concerning the information which must be collected and submitted by the broker or originator and by the title insurance company or closing agent. Effective immediately.

Tracking Information

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Title

PREDATORY LENDING DATABASE

Sponsors


History

DateChamberAction
2019-01-08HouseSession Sine Die
2017-03-31HouseRule 19(a) / Re-referred to Rules Committee
2017-03-24HouseHouse Committee Amendment No. 2 Referred to Rules Committee
2017-03-24HouseHouse Committee Amendment No. 2 Filed with Clerk by Rep. Norine K. Hammond
2017-03-07HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2017-03-07HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Norine K. Hammond
2017-02-22HouseAssigned to Executive Committee
2017-02-09HouseReferred to Rules Committee
2017-02-09HouseFirst Reading
2017-02-09HouseFiled with the Clerk by Rep. Norine K. Hammond

Code Citations

ChapterArticleSectionCitation TypeStatute Text
7657770Amended CodeCitation Text
7657772Amended CodeCitation Text
7657776Amended CodeCitation Text

Illinois State Sources


Bill Comments

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