IL HB3806 | 2009-2010 | 96th General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on April 3 2009 - 50% progression, died in chamber
Action: 2010-11-30 - Senate Floor Amendment No. 2 Recommend Do Adopt Public Health; 006-002-000
Text: Latest bill text (Engrossed) [HTML]
Status: Engrossed on April 3 2009 - 50% progression, died in chamber
Action: 2010-11-30 - Senate Floor Amendment No. 2 Recommend Do Adopt Public Health; 006-002-000
Text: Latest bill text (Engrossed) [HTML]
Summary
Amends the Code of Civil Procedure by adding an Article that may be cited as the Mortgage Foreclosure Prevention Law of 2009. Provides that an eligible borrower has a right to defer a judicial sale for a specified period by providing an affidavit to the foreclosing lender. When the deferment period ends or the deferment is lost, a lender may schedule a sale by publishing a specified newspaper notice and serving a copy on those on the premises, 4 weeks before the sale. Provides a formula to set the borrower's monthly payment. Provides that a borrower loses the right to deferment if he or she ceases to reside on the premises. Provides for mortgage foreclosure counselors. Provides that a foreclosing lender and a borrower must negotiate in good faith. Provides that a borrower may dispute a deferment cancellation through arbitration. Provides that lenders shall send to borrowers a mandated notice about deferment. Provides that a lender who acts in bad faith or recklessly in violation of these provisions is liable to a person injured for actual damages, statutory damages up to $25,000, punitive damages, costs, and attorney's fees. Makes other changes. Effective 7 days after becoming law.
Title
CIV PRO-FORECLOSURE PREVENTION
Sponsors
Roll Calls
2009-04-03 - House - Third Reading in House (Y: 113 N: 0 NV: 3 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2010-11-30 | Senate Floor Amendment No. 2 Recommend Do Adopt Public Health; 006-002-000 | |
| 2010-11-30 | Senate Floor Amendment No. 2 Added as Chief Co-Sponsor-Koehler | |
| 2010-11-30 | Alternate Chief Sponsor Changed to Sen. David Koehler | |
| 2010-11-30 | Rule 2-10 Committee/3rd Reading Deadline Established As January 11, 2011 | |
| 2010-11-29 | Senate Floor Amendment No. 2 Assignments Refers to Public Health | |
| 2010-11-29 | Senate Floor Amendment No. 2 Referred to Assignments | |
| 2010-11-29 | Senate Floor Amendment No. 2 Filed with Secretary by Sen. John J. Cullerton | |
| 2010-11-29 | Placed on Calendar Order of 3rd Reading November 30, 2010 | |
| 2010-11-29 | Approved for Consideration Assignments | |
| 2010-06-27 | Pursuant to Senate Rule 3-9(b) / Referred to Assignments | |
| 2010-04-30 | Placed on Calendar Order of 3rd Reading May 3, 2010 | |
| 2010-04-30 | Second Reading | |
| 2010-04-28 | Placed on Calendar Order of 2nd Reading April 29, 2010 | |
| 2010-04-28 | Do Pass as Amended Executive; 008-001-004 | |
| 2010-04-28 | Senate Committee Amendment No. 1 Adopted | |
| 2010-04-28 | Senate Committee Amendment No. 1 Assignments Refers to Executive | |
| 2010-04-28 | Senate Committee Amendment No. 1 Referred to Assignments | |
| 2010-04-28 | Senate Committee Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton | |
| 2010-04-23 | Rule 2-10 Committee Deadline Established As May 7, 2010 | |
| 2010-04-22 | Alternate Chief Sponsor Changed to Sen. John J. Cullerton | |
| 2010-04-22 | Re-assigned to Executive | |
| 2009-05-08 | Rule 3-9(a) / Re-referred to Assignments | |
| 2009-05-07 | Held in Financial Institutions | |
| 2009-04-30 | Held in Financial Institutions | |
| 2009-04-22 | Assigned to Financial Institutions | |
| 2009-04-15 | Referred to Assignments | |
| 2009-04-15 | Added as Alternate Chief Co-Sponsor Sen. Iris Y. Martinez | |
| 2009-04-15 | First Reading | |
| 2009-04-15 | Chief Senate Sponsor Sen. Jacqueline Y. Collins | |
| 2009-04-15 | Placed on Calendar Order of First Reading | |
| 2009-04-15 | Arrive in Senate | |
| 2009-04-03 | Third Reading - Short Debate - Passed 113-000-000 | |
| 2009-03-17 | Placed on Calendar Order of 3rd Reading - Short Debate | |
| 2009-03-17 | Second Reading - Short Debate | |
| 2009-03-11 | Placed on Calendar 2nd Reading - Short Debate | |
| 2009-03-11 | Do Pass / Short Debate Judiciary I - Civil Law Committee; 017-000-000 | |
| 2009-03-03 | Assigned to Judiciary I - Civil Law Committee | |
| 2009-02-25 | Referred to Rules Committee | |
| 2009-02-25 | First Reading | |
| 2009-02-25 | Filed with the Clerk by Rep. Marlow H. Colvin |
