Illinois General Assembly - Bill Status for SB2071
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 Bill Status of SB2071  94th General Assembly


Short Description:  BOND INSURANCE CONTRACTS

Senate Sponsors
Sen. Don Harmon

House Sponsors
(Rep. Angelo Saviano - David E. Miller - Arthur L. Turner)

Last Action
DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 500/20-60


Synopsis As Introduced
Amends the Illinois Procurement Code. Provides that a contract for bond insurance relating to housing may be entered into for any period of time less than or equal to the maximum period of time that the subject bonds may remain outstanding. Effective immediately.

Senate Floor Amendment No. 1
Deletes everything. Reinserts the provisions of the bill but provides that a contract for mortgage insurance relating to housing may be entered into for any period of time less than or equal to the maximum period of time that the subject mortgage may remain outstanding. Effective immediately.

Actions 
DateChamber Action
  2/25/2005SenateFiled with Secretary by Sen. Don Harmon
  2/25/2005SenateFirst Reading
  2/25/2005SenateReferred to Rules
  3/2/2005SenateAssigned to Housing & Community Affairs
  3/9/2005SenateDo Pass Housing & Community Affairs; 010-000-000
  3/9/2005SenatePlaced on Calendar Order of 2nd Reading March 10, 2005
  4/11/2005SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Don Harmon
  4/11/2005SenateSenate Floor Amendment No. 1 Referred to Rules
  4/11/2005SenateSecond Reading
  4/11/2005SenatePlaced on Calendar Order of 3rd Reading April 12, 2005
  4/11/2005SenateSenate Floor Amendment No. 1 Rules Refers to Housing & Community Affairs
  4/12/2005SenateSenate Floor Amendment No. 1 Be Adopted Housing & Community Affairs; 009-000-000
  4/14/2005SenateRecalled to Second Reading
  4/14/2005SenateSenate Floor Amendment No. 1 Adopted; Harmon
  4/14/2005SenatePlaced on Calendar Order of 3rd Reading
  4/14/2005SenateThird Reading - Passed; 058-000-000
  4/14/2005HouseArrived in House
  4/14/2005HousePlaced on Calendar Order of First Reading
  4/28/2005HouseChief House Sponsor Rep. David E. Miller
  4/28/2005HouseFirst Reading
  4/28/2005HouseReferred to Rules Committee
  5/3/2005HouseAssigned to Executive Committee
  5/13/2005HouseRule 19(a) / Re-referred to Rules Committee
  9/7/2006HouseAlternate Chief Sponsor Changed to Rep. Angelo Saviano
  9/7/2006HouseAdded Alternate Chief Co-Sponsor Rep. David E. Miller
  10/24/2006HouseAdded Alternate Chief Co-Sponsor Rep. Arthur L. Turner
  1/9/2007SenateSession Sine Die

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