MCCARTHY. (MOLARO) 65 ILCS 95/3 from Ch. 24, par. 1603 65 ILCS 95/4.3 new Amends the Home Equity Assurance Act. Provides that territory may be transferred from an existing home equity program to another, contiguous program. Provides that the transfer must be initiated by a petition signed by not less than 10% of the total number of registered voters who are eligible to sign the petition who are residing in the territory to be transferred and either (i) a resolution or ordinance of the governing commission of the program to which the territory will be transferred or (ii) a petition signed by not less the 10% of the total number of registered voters eligible to sign the petition who are residing in the geographic area of the program to which the territory will be transferred. Provides that the question of transferring the territory must be approved by a referendum. Provides that members in the transferred territory become members of the program to which the territory was transferred. Provides that registration fees must be waived for transferred members. Provides that program appraisals of a transferred member's property must be accepted by the program to which the territory was transferred. Provides for the appointment of additional commissioners who are residents of the transferred territory to the governing commission of the program to which the territory was transferred. MAR-01-2001 H FILED WITH CLERK MAR-01-2001 H ADDED AS A JOINT SPONSOR MCCARTHY MAR-01-2001 H FIRST READING MAR-01-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES MAR-06-2001 H ASSIGNED TO COMMITTEE EXECUTIVE MAR-15-2001 H DO PASS/SHORT DEBATE 013-000-000 HEXC MAR-15-2001 H PLACED CALENDAR 2ND READING-SHORT DEBATE MAR-20-2001 H SECOND READING-SHORT DEBATE MAR-20-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAR-21-2001 H PRIMARY SPONSOR CHANGED TO MCCARTHY MAR-23-2001 H AMENDMENT NO. 01-MCCARTHY MAR-23-2001 H AMENDMENT REFERRED TO HRUL MAR-23-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAR-29-2001 H PLCD CAL ORDER 3RD READING-SHORT DEBATE APR-04-2001 H TABLED PURSUANT TO RULE 40(a) HOUSE AMEND #1 APR-04-2001 H THIRD READING/SHORT DEBATE/PASSED 116-000-000 APR-04-2001 S ARRIVE IN SENATE APR-04-2001 S PLACED CALENDAR ORDER OF FIRST READING 01-04-05 MAY-01-2001 S CHIEF SPONSOR MOLARO MAY-02-2001 S FIRST READING MAY-02-2001 S REFERRED TO SENATE RULES COMMITTEE RULES JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary