Bill Status of HB1337  97th General Assembly


Short Description:  CONVEYANCES-MORTGAGE VALIDITY

House Sponsors
Rep. Brandon W. Phelps - Sidney H. Mathias

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
765 ILCS 5/11from Ch. 30, par. 10


Synopsis As Introduced
Amends the Conveyances Act. Provides that notwithstanding any other provision of the Act that concerns the form of a mortgage, no person may challenge the validity of or the priority of an otherwise lawfully executed and recorded mortgage solely on the basis that the rate of interest was not expressed in the mortgage.

Actions 
DateChamber Action
  2/9/2011HouseFiled with the Clerk by Rep. Brandon W. Phelps
  2/9/2011HouseFirst Reading
  2/9/2011HouseReferred to Rules Committee
  2/15/2011HouseAssigned to Judiciary I - Civil Law Committee
  2/23/2011HouseDo Pass / Short Debate Judiciary I - Civil Law Committee; 011-000-000
  2/23/2011HousePlaced on Calendar 2nd Reading - Short Debate
  2/24/2011HouseAdded Chief Co-Sponsor Rep. Sidney H. Mathias
  2/24/2011HouseSecond Reading - Short Debate
  2/24/2011HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/15/2011HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die