IL SB0776 | 2017-2018 | 100th General Assembly

Status

Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Enrolled on July 1 2017 - 75% progression
Action: 2017-07-28 - Sent to the Governor
Text: Latest bill text (Enrolled) [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


Roll Calls

2017-07-01 - Senate - Concurrence in Senate (Y: 47 N: 0 NV: 12 Abs: 0) [PASS]
2017-06-26 - House - Third Reading in House (Y: 106 N: 0 NV: 3 Abs: 2) [PASS]
2017-04-25 - Senate - Third Reading in Senate (Y: 57 N: 0 NV: 2 Abs: 0) [PASS]

History

DateChamberAction
2017-07-28SenateSent to the Governor
2017-07-01SenatePassed Both Houses
2017-07-01SenateHouse Committee Amendment No. 1 Senate Concurs 047-000-000
2017-07-01Senate3/5 Vote Required
2017-06-30SenateHouse Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Licensed Activities and Pensions; 011-000-000
2017-06-30SenateHouse Committee Amendment No. 1 Motion to Concur Assignments Referred to Licensed Activities and Pensions
2017-06-28SenateHouse Committee Amendment No. 1 Motion to Concur Referred to Assignments
2017-06-28SenateHouse Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Chris Nybo
2017-06-27SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1 - June 28, 2017
2017-06-27SenateSecretary's Desk - Concurrence House Amendment(s) 1
2017-06-26HouseAdded Alternate Co-Sponsor Rep. Camille Y. Lilly
2017-06-26House3/5 Vote Required
2017-06-26HouseThird Reading - Short Debate - Passed 106-000-000
2017-05-31HouseFinal Action Deadline Extended-9(b) June 30, 2017
2017-05-26HouseFinal Action Deadline Extended-9(b) May 31, 2017
2017-05-24HousePlaced on Calendar Order of 3rd Reading - Short Debate
2017-05-24HouseSecond Reading - Short Debate
2017-05-24HousePlaced on Calendar 2nd Reading - Short Debate
2017-05-24HouseDo Pass as Amended / Short Debate Executive Committee; 011-000-000
2017-05-24HouseHouse Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
2017-05-19HouseHouse Committee Amendment No. 1 Committee Deadline Extended-Rule 9(b) May 26, 2017
2017-05-19HouseCommittee Deadline Extended-Rule 9(b) May 26, 2017
2017-05-15HouseHouse Committee Amendment No. 1 Rules Refers to Executive Committee
2017-05-11HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2017-05-11HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. La Shawn K. Ford
2017-05-09HouseAssigned to Executive Committee
2017-04-27HouseReferred to Rules Committee
2017-04-27HouseFirst Reading
2017-04-27HouseChief House Sponsor Rep. La Shawn K. Ford
2017-04-25HouseArrived in House
2017-04-25SenateThird Reading - Passed; 057-000-000
2017-04-25SenateAdded as Chief Co-Sponsor Sen. Kimberly A. Lightford
2017-03-30SenatePlaced on Calendar Order of 3rd Reading April 4, 2017
2017-03-30SenateSecond Reading
2017-03-15SenatePlaced on Calendar Order of 2nd Reading March 16, 2017
2017-03-15SenateDo Pass as Amended Financial Institutions; 008-000-000
2017-03-15SenateSenate Committee Amendment No. 1 Adopted
2017-03-07SenateSenate Committee Amendment No. 1 Assignments Refers to Financial Institutions
2017-03-03SenateSenate Committee Amendment No. 1 Referred to Assignments
2017-03-03SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Chris Nybo
2017-02-08SenateAssigned to Financial Institutions
2017-02-01SenateReferred to Assignments
2017-02-01SenateFirst Reading
2017-02-01SenateFiled with Secretary by Sen. Chris Nybo

Code Citations

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

Illinois State Sources


Bill Comments

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