<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 252    </title>
<shortdesc>HIGH RISK HOME LOAN ACT-TECH</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Terry Link</sponsors>
</sponsor>
<lastaction>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>815 ILCS 137/10</reference><aliasreference></aliasreference><SynopsisText>Amends the High Risk Home Loan Act. Provides that the term "points and fees" does not include fees paid to the United States Department of Veterans Affairs required by law, fees paid to the Federal Housing Administration required by law, or fees paid to the United States Department of Agriculture's Rural Development Loan Program required by law.</SynopsisText><synopsistitle>Senate Committee Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>815 ILCS 137/10</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>815 ILCS 137/15</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the High Risk Home Loan Act. Makes a technical change in a Section concerning the prohibition on certain home loans.</SynopsisText></synopsis>
<actions>
<statusdate>2/4/2009</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Terry Link</action>
<statusdate>2/4/2009</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/4/2009</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/10/2009</statusdate><chamber>Senate</chamber><action>Assigned to Financial Institutions</action>
<statusdate>2/27/2009</statusdate><chamber>Senate</chamber><action>Postponed - Financial Institutions</action>
<statusdate>3/6/2009</statusdate><chamber>Senate</chamber><action>Postponed - Financial Institutions</action>
<statusdate>3/10/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Terry Link</action>
<statusdate>3/10/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>3/11/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions</action>
<statusdate>3/12/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Adopted</action>
<statusdate>3/12/2009</statusdate><chamber>Senate</chamber><action>Do Pass as Amended Financial Institutions;  011-000-000</action>
<statusdate>3/12/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 17, 2009</action>
<statusdate>8/15/2009</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Assignments</action>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

