IL HB3101 | 2015-2016 | 99th General Assembly
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 5-2)
Status: Passed on August 18 2015 - 100% progression
Action: 2015-08-18 - Public Act . . . . . . . . . 99-0389
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Slight Partisan Bill (Democrat 5-2)
Status: Passed on August 18 2015 - 100% progression
Action: 2015-08-18 - Public Act . . . . . . . . . 99-0389
Text: Latest bill text (Chaptered) [HTML]
Summary
Amends the High Risk Home Loan Act. Provides that the term "high risk home loan" includes certain loans that exceed an amount established by federal regulation. Defines the terms "prepayment penalty" and "prepayment fees or penalties". Effective immediately.
Title
HIGH RISK LOAN PREPAYMENT
Sponsors
| Rep. Marcus Evans [D] | Rep. Donald Moffitt [R] | Rep. Randy Frese [R] | Rep. Thaddeus Jones [D] |
| Rep. Linda LaVia [D] | Rep. Eddie Jackson [D] | Sen. John Sullivan [D] |
Roll Calls
2015-05-31 - House - Concurrence in House (Y: 112 N: 0 NV: 0 Abs: 0) [PASS]
2015-05-22 - Senate - Third Reading in Senate (Y: 52 N: 0 NV: 7 Abs: 0) [PASS]
2015-04-17 - House - Third Reading in House (Y: 104 N: 0 NV: 1 Abs: 1) [PASS]
2015-05-22 - Senate - Third Reading in Senate (Y: 52 N: 0 NV: 7 Abs: 0) [PASS]
2015-04-17 - House - Third Reading in House (Y: 104 N: 0 NV: 1 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2015-08-18 | House | Public Act . . . . . . . . . 99-0389 |
| 2015-08-18 | House | Effective Date August 18, 2015 |
| 2015-08-18 | House | Governor Approved |
| 2015-06-29 | House | Sent to the Governor |
| 2015-05-31 | House | Passed Both Houses |
| 2015-05-31 | House | House Concurs |
| 2015-05-31 | House | Senate Committee Amendment No. 1 House Concurs 112-002-000 |
| 2015-05-27 | House | Added Co-Sponsor Rep. Linda Chapa LaVia |
| 2015-05-27 | House | Added Co-Sponsor Rep. Thaddeus Jones |
| 2015-05-27 | House | Added Co-Sponsor Rep. Randy E. Frese |
| 2015-05-27 | House | Added Co-Sponsor Rep. Donald L. Moffitt |
| 2015-05-27 | House | Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Agriculture & Conservation Committee; 016-000-000 |
| 2015-05-25 | House | Senate Committee Amendment No. 1 Motion to Concur Rules Referred to Agriculture & Conservation Committee |
| 2015-05-22 | House | Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee |
| 2015-05-22 | House | Senate Committee Amendment No. 1 Motion Filed Concur Rep. Marcus C. Evans, Jr. |
| 2015-05-22 | House | Placed on Calendar Order of Concurrence Senate Amendment(s) 1 |
| 2015-05-22 | House | Arrived in House |
| 2015-05-22 | Senate | Third Reading - Passed; 052-000-000 |
| 2015-05-20 | Senate | Placed on Calendar Order of 3rd Reading May 21, 2015 |
| 2015-05-20 | Senate | Second Reading |
| 2015-05-14 | Senate | Placed on Calendar Order of 2nd Reading May 18, 2015 |
| 2015-05-14 | Senate | Do Pass as Amended Agriculture; 006-000-000 |
| 2015-05-14 | Senate | Senate Committee Amendment No. 1 Adopted |
| 2015-05-12 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Agriculture |
| 2015-05-08 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 2015-05-08 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. John M. Sullivan |
| 2015-05-07 | Senate | Assigned to Agriculture |
| 2015-05-07 | Senate | Alternate Chief Sponsor Changed to Sen. John M. Sullivan |
| 2015-04-23 | Senate | Referred to Assignments |
| 2015-04-23 | Senate | First Reading |
| 2015-04-22 | Senate | Chief Senate Sponsor Sen. Michael E. Hastings |
| 2015-04-21 | Senate | Placed on Calendar Order of First Reading April 22, 2015 |
| 2015-04-21 | Senate | Arrive in Senate |
| 2015-04-17 | House | Removed Co-Sponsor Rep. Litesa E. Wallace |
| 2015-04-17 | House | Added Co-Sponsor Rep. Eddie Lee Jackson, Sr. |
| 2015-04-17 | House | Added Co-Sponsor Rep. Litesa E. Wallace |
| 2015-04-17 | House | Third Reading - Short Debate - Passed 104-000-001 |
| 2015-04-16 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2015-04-16 | House | Second Reading - Short Debate |
| 2015-03-25 | House | Placed on Calendar 2nd Reading - Short Debate |
| 2015-03-24 | House | Do Pass / Short Debate Consumer Protection Committee; 014-000-000 |
| 2015-03-10 | House | Assigned to Consumer Protection Committee |
| 2015-02-25 | House | Referred to Rules Committee |
| 2015-02-25 | House | First Reading |
| 2015-02-24 | House | Filed with the Clerk by Rep. Marcus C. Evans, Jr. |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 815 | 137 | 10 | Amended Code | Citation Text |
