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<xml>
<title>Illinois General Assembly - Bill Status for SB 129    </title>
<shortdesc>CRIM CD-FRAUDULENT FORECLOSURE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Martin A. Sandoval-Kimberly A. Lightford</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>720 ILCS 5/16H-31 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Criminal Code of 1961. Creates the offense of perpetrating a fraudulent foreclosure. Provides that a person commits the offense when he or she has a security interest in real property and files a foreclosure action under the Illinois Mortgage Foreclosure Law to terminate the mortgagor's rights and interests in the real property when the circumstances that gave rise to the action are not in violation of the terms of the mortgage agreement, or if the circumstances are in breach of the mortgage agreement, the terms of the mortgage agreement do not permit foreclosure at the time of the filing of the action. Provides that a violation is a Class X felony for which the court shall impose a minimum fine of $500,000.</SynopsisText></synopsis>
<actions>
<statusdate>1/27/2011</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Martin A. Sandoval</action>
<statusdate>1/27/2011</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/27/2011</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/9/2011</statusdate><chamber>Senate</chamber><action>Assigned to Criminal Law</action>
<statusdate>3/2/2011</statusdate><chamber>Senate</chamber><action>Postponed - Criminal Law</action>
<statusdate>3/3/2011</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Kimberly A. Lightford</action>
<statusdate>3/4/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Martin A. Sandoval</action>
<statusdate>3/4/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>3/8/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Criminal Law</action>
<statusdate>3/9/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Postponed - Criminal Law</action>
<statusdate>3/9/2011</statusdate><chamber>Senate</chamber><action>Postponed - Criminal Law</action>
<statusdate>3/17/2011</statusdate><chamber>Senate</chamber><action>Postponed - Criminal Law</action>
<statusdate>3/17/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Postponed - Criminal Law</action>
<statusdate>3/18/2011</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 8, 2011</action>
<statusdate>4/6/2011</statusdate><chamber>Senate</chamber><action>Postponed - Criminal Law</action>
<statusdate>4/6/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Postponed - Criminal Law</action>
<statusdate>4/8/2011</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>4/8/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

