IL SB0061 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Mortgage Rescue Fraud Act. Changes definition of "distressed property consultant" by narrowing the attorney exception to the definition, so that an attorney is only considered to be excluded from the definition of "distressed property consultant" if the attorney is licensed in Illinois and is providing distressed property consultant services as an ancillary matter to the attorney's representation of an owner of distressed property as a client. Effective immediately.

Tracking Information

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Title

PROP-FORECLOSURE AID-ATTY FEES

Sponsors


History

DateChamberAction
2013-01-08SenateSession Sine Die
2011-03-18SenateRule 3-9(a) / Re-referred to Assignments
2011-03-15SenatePostponed - Judiciary
2011-03-10SenatePostponed - Judiciary
2011-03-01SenatePostponed - Judiciary
2011-02-15SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
2011-02-09SenateAssigned to Judiciary
2011-01-27SenateReferred to Assignments
2011-01-27SenateFirst Reading
2011-01-27SenateFiled with Secretary by Sen. Ira I. Silverstein

Code Citations

ChapterArticleSectionCitation TypeStatute Text
7659405Amended CodeCitation Text

Illinois State Sources


Bill Comments

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