Illinois Senate Bill 129 (Prior Session Legislation)

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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 (Amended) [HTML]

Amends the Criminal Code of 1961. Creates the offense of perpetrating a fraudulent foreclosure. Provides that a person commits the offense when he or she has a security interest in real property and files a foreclosure action under the Illinois Mortgage Foreclosure Law to terminate the mortgagor's rights and interests in the real property when the circumstances that gave rise to the action are not in violation of the terms of the mortgage agreement, or if the circumstances are in breach of the mortgage agreement, the terms of the mortgage agreement do not permit foreclosure at the time of the filing of the action. Provides that a violation is a Class X felony for which the court shall impose a minimum fine of $500,000.

CRIM CD-FRAUDULENT FORECLOSURE

Sen. Martin Sandoval [D]

Sen. Kimberly Lightford [D]

Date	Chamber	Action
2013-01-08	Senate	Session Sine Die
2011-04-08	Senate	Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
2011-04-08	Senate	Rule 3-9(a) / Re-referred to Assignments
2011-04-06	Senate	Senate Committee Amendment No. 1 Postponed - Criminal Law
2011-04-06	Senate	Postponed - Criminal Law
2011-03-18	Senate	Rule 2-10 Committee Deadline Established As April 8, 2011
2011-03-17	Senate	Senate Committee Amendment No. 1 Postponed - Criminal Law
2011-03-17	Senate	Postponed - Criminal Law
2011-03-09	Senate	Postponed - Criminal Law
2011-03-09	Senate	Senate Committee Amendment No. 1 Postponed - Criminal Law
2011-03-08	Senate	Senate Committee Amendment No. 1 Assignments Refers to Criminal Law
2011-03-04	Senate	Senate Committee Amendment No. 1 Referred to Assignments
2011-03-04	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Martin A. Sandoval
2011-03-03	Senate	Added as Chief Co-Sponsor Sen. Kimberly A. Lightford
2011-03-02	Senate	Postponed - Criminal Law
2011-02-09	Senate	Assigned to Criminal Law
2011-01-27	Senate	Referred to Assignments
2011-01-27	Senate	First Reading
2011-01-27	Senate	Filed with Secretary by Sen. Martin A. Sandoval

Chapter	Article	Section	Citation Type	Statute Text
720	5	16H-31	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=129&GAID=11&DocTypeID=SB&SessionID=84&GA=97
Text	https://www.ilga.gov/legislation/97/SB/09700SB0129.htm
Text	https://www.ilga.gov/legislation/97/SB/09700SB0129sam001.htm