IL SB2615 | 2017-2018 | 100th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on August 10 2018 - 100% progression
Action: 2018-08-10 - Public Act . . . . . . . . . 100-0795;
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on August 10 2018 - 100% progression
Action: 2018-08-10 - Public Act . . . . . . . . . 100-0795;
Text: Latest bill text (Chaptered) [HTML]
Summary
Amends the Residential Mortgage License Act of 1987. Provides that mortgage loan advertisements must reference the Nationwide Multistate Licensing System and Registry's Consumer Access website, except where exempted by the Secretary of Financial and Professional Regulation. Provides that a licensee shall not advertise its services in Illinois in any media, whether print or electronic, without including its unique identifier. Replaces "Commissioner" with "Secretary" in order to update references to the Secretary of Financial and Professional Regulation. Makes other changes. Effective immediately.
Title
MORTGAGE LOAN ADVERTISEMENTS
Sponsors
Roll Calls
2018-05-21 - House - Third Reading in House (Y: 102 N: 0 NV: 1 Abs: 5) [PASS]
2018-04-17 - Senate - Third Reading in Senate (Y: 52 N: 0 NV: 7 Abs: 0) [PASS]
2018-04-17 - Senate - Third Reading in Senate (Y: 52 N: 0 NV: 7 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2018-08-10 | Senate | Public Act . . . . . . . . . 100-0795; |
2018-08-10 | Senate | Effective Date August 10, 2018 |
2018-08-10 | Senate | Governor Approved |
2018-06-19 | Senate | Sent to the Governor |
2018-05-21 | Senate | Passed Both Houses |
2018-05-21 | House | Third Reading - Short Debate - Passed 102-000-000 |
2018-05-16 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
2018-05-16 | House | Second Reading - Short Debate |
2018-05-09 | House | Placed on Calendar 2nd Reading - Short Debate |
2018-05-08 | House | Do Pass / Short Debate Financial Institutions Committee; 012-000-000 |
2018-04-26 | House | Assigned to Financial Institutions Committee |
2018-04-17 | House | Referred to Rules Committee |
2018-04-17 | House | First Reading |
2018-04-17 | House | Chief House Sponsor Rep. C.D. Davidsmeyer |
2018-04-17 | House | Arrived in House |
2018-04-17 | Senate | Third Reading - Passed; 052-000-000 |
2018-03-01 | Senate | Placed on Calendar Order of 3rd Reading March 13, 2018 |
2018-03-01 | Senate | Second Reading |
2018-02-21 | Senate | Placed on Calendar Order of 2nd Reading February 22, 2018 |
2018-02-21 | Senate | Do Pass Financial Institutions; 008-000-000 |
2018-02-14 | Senate | Assigned to Financial Institutions |
2018-02-07 | Senate | Chief Sponsor Changed to Sen. Pamela J. Althoff |
2018-02-07 | Senate | Referred to Assignments |
2018-02-07 | Senate | First Reading |
2018-02-07 | Senate | Filed with Secretary by Sen. Pamela J. Althoff |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
205 | 635 | 3-3 | Amended Code | Citation Text |