IL SB3747 | 2009-2010 | 96th General Assembly
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on July 27 2010 - 100% progression
Action: 2010-07-27 - Public Act . . . . . . . . . 96-1345
Text: Latest bill text (Enrolled) [HTML]
Spectrum: Bipartisan Bill
Status: Passed on July 27 2010 - 100% progression
Action: 2010-07-27 - Public Act . . . . . . . . . 96-1345
Text: Latest bill text (Enrolled) [HTML]
Summary
Creates the Transfer Fee Covenant Act. States legislative findings and declares that transfer fee covenants violate the public policy of favoring the transferability of real property free of unreasonable restraints. Defines transfer, transfer fee, and transfer fee covenant. Provides that a transfer fee covenant or a lien to secure the payment of a transfer fee that is recorded after the effective date is void, unenforceable, and does not run with the title to the real property. Provides that it cannot be presumed that the provisions of this Act mean that a transfer fee covenant or lien recorded before the effective date is valid and enforceable.
Title
TRANSFER FEE COVENANT ACT
Sponsors
Roll Calls
2010-05-04 - Senate - Concurrence in Senate (Y: 53 N: 0 NV: 6 Abs: 0) [PASS]
2010-04-29 - House - Third Reading in House (Y: 115 N: 1 NV: 0 Abs: 0) [PASS]
2010-03-15 - Senate - Third Reading in Senate (Y: 46 N: 0 NV: 13 Abs: 0) [PASS]
2010-04-29 - House - Third Reading in House (Y: 115 N: 1 NV: 0 Abs: 0) [PASS]
2010-03-15 - Senate - Third Reading in Senate (Y: 46 N: 0 NV: 13 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2010-07-27 | Public Act . . . . . . . . . 96-1345 | |
2010-07-27 | Effective Date January 1, 2011 | |
2010-07-27 | Governor Approved | |
2010-06-02 | Sent to the Governor | |
2010-05-04 | Passed Both Houses | |
2010-05-04 | House Committee Amendment No. 1 Senate Concurs 053-000-002 | |
2010-05-04 | House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Judiciary; 009-000-000 | |
2010-05-03 | House Committee Amendment No. 1 Motion to Concur Assignments Referred to Judiciary | |
2010-05-03 | House Committee Amendment No. 1 Motion to Concur Referred to Assignments | |
2010-05-03 | House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. A. J. Wilhelmi | |
2010-04-30 | Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 3, 2010 | |
2010-04-30 | Secretary's Desk - Concurrence House Amendment(s) 1 | |
2010-04-29 | Third Reading - Short Debate - Passed 115-001-000 | |
2010-04-23 | Placed on Calendar Order of 3rd Reading - Short Debate | |
2010-04-23 | Second Reading - Short Debate | |
2010-04-21 | Placed on Calendar 2nd Reading - Short Debate | |
2010-04-21 | Do Pass as Amended / Short Debate Judiciary I - Civil Law Committee; 017-000-000 | |
2010-04-21 | House Committee Amendment No. 1 Adopted in Judiciary I - Civil Law Committee; by Voice Vote | |
2010-04-21 | House Committee Amendment No. 1 Filed with Clerk by Judiciary I - Civil Law Committee | |
2010-04-08 | Assigned to Judiciary I - Civil Law Committee | |
2010-03-25 | Added Alternate Co-Sponsor Rep. Franco Coladipietro | |
2010-03-23 | Added Alternate Co-Sponsor Rep. Randy Ramey, Jr. | |
2010-03-23 | Added Alternate Chief Co-Sponsor Rep. Carol A. Sente | |
2010-03-23 | Added Alternate Chief Co-Sponsor Rep. Linda Chapa LaVia | |
2010-03-16 | Referred to Rules Committee | |
2010-03-16 | First Reading | |
2010-03-16 | Added Alternate Chief Co-Sponsor Rep. Robert W. Pritchard | |
2010-03-16 | Placed on Calendar Order of First Reading | |
2010-03-16 | Chief House Sponsor Rep. John A. Fritchey | |
2010-03-16 | Arrived in House | |
2010-03-15 | Third Reading - Passed; 046-000-000 | |
2010-03-15 | Added as Chief Co-Sponsor Sen. Toi W. Hutchinson | |
2010-03-11 | Placed on Calendar Order of 3rd Reading March 12, 2010 | |
2010-03-11 | Second Reading | |
2010-03-03 | Placed on Calendar Order of 2nd Reading March 4, 2010 | |
2010-03-03 | Do Pass Judiciary; 008-000-000 | |
2010-02-25 | Added as Chief Co-Sponsor Sen. Dale A. Righter | |
2010-02-25 | Added as Chief Co-Sponsor Sen. Kirk W. Dillard | |
2010-02-24 | Assigned to Judiciary | |
2010-02-11 | Referred to Assignments | |
2010-02-11 | First Reading | |
2010-02-11 | Filed with Secretary by Sen. A. J. Wilhelmi |