IL SB2738 | 2015-2016 | 99th General Assembly
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 16 2016 - 25% progression, died in committee
Action: 2016-04-22 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 16 2016 - 25% progression, died in committee
Action: 2016-04-22 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Title Insurance Act. Makes changes in the definition of "insured closing letter" or "closing protection letter". Provides that a closing protection letter shall not be issued by any person or entity (including an independent escrowee) other than a title insurance company. Effective immediately.
Title
TITLE INS-CLOSING PROTECTION
Sponsors
Sen. John Mulroe [D] | Sen. Don Harmon [D] |
History
Date | Chamber | Action |
---|---|---|
2016-04-22 | Senate | Rule 3-9(a) / Re-referred to Assignments |
2016-04-08 | Senate | Rule 2-10 Committee Deadline Established As April 22, 2016 |
2016-03-10 | Senate | Added as Chief Co-Sponsor Sen. Don Harmon |
2016-03-09 | Senate | Postponed - Judiciary |
2016-03-02 | Senate | Postponed - Judiciary |
2016-02-24 | Senate | Assigned to Judiciary |
2016-02-16 | Senate | Referred to Assignments |
2016-02-16 | Senate | First Reading |
2016-02-16 | Senate | Filed with Secretary by Sen. John G. Mulroe |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
215 | 155 | 16 | Amended Code | Citation Text |
215 | 155 | 17 | Amended Code | Citation Text |
215 | 155 | 3 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2738&GAID=13&DocTypeID=SB&SessionID=88&GA=99 |
Text | https://www.ilga.gov/legislation/99/SB/09900SB2738.htm |