COLLATRAL PROT SERVICER COMPLY Senate SponsorsSen. John M. Sullivan-Don Harmon House Sponsors(Rep. André M. Thapedi-Monique D. Davis-Rich Brauer-Ron Sandack-Maria Antonia Berrios, Michael Unes and Anthony DeLuca) 8/26/2014SenatePublic Act . . . . . . . . . 98-1120 815 ILCS 180/40Amends the Collateral Protection Act. Provides that a servicer subject to regulations issued by the Consumer Financial Protection Bureau under the Dodd-Frank Act that places hazard insurance in substantial compliance with those regulations shall be deemed in substantial compliance with this Act. Effective immediately. 2/14/2014SenateFiled with Secretary by Sen. John M. Sullivan 2/14/2014SenateFirst Reading 2/14/2014SenateReferred to Assignments 2/25/2014SenateAdded as Chief Co-Sponsor Sen. Don Harmon 2/25/2014SenateAssigned to Financial Institutions 3/5/2014SenateDo Pass Financial Institutions; 006-000-000 3/5/2014SenatePlaced on Calendar Order of 2nd Reading March 6, 2014 3/20/2014SenateSecond Reading 3/20/2014SenatePlaced on Calendar Order of 3rd Reading March 21, 2014 4/9/2014SenateThird Reading - Passed; 055-000-000 4/9/2014HouseArrived in House 4/9/2014HouseChief House Sponsor Rep. André M. Thapedi 4/9/2014HouseFirst Reading 4/9/2014HouseReferred to Rules Committee 4/28/2014HouseAdded Alternate Co-Sponsor Rep. Ron Sandack 4/28/2014HouseAssigned to Insurance Committee 4/29/2014HouseAdded Alternate Chief Co-Sponsor Rep. Monique D. Davis 4/29/2014HouseAdded Alternate Co-Sponsor Rep. Rich Brauer 5/2/2014HouseAlternate Co-Sponsor Removed Rep. Ron Sandack 5/2/2014HouseAlternate Co-Sponsor Removed Rep. Rich Brauer 5/2/2014HouseAdded Alternate Chief Co-Sponsor Rep. Rich Brauer 5/2/2014HouseAdded Alternate Chief Co-Sponsor Rep. Ron Sandack 5/2/2014HouseAdded Alternate Chief Co-Sponsor Rep. Maria Antonia Berrios 5/2/2014HouseAdded Alternate Co-Sponsor Rep. Michael Unes 5/6/2014HouseAdded Alternate Co-Sponsor Rep. Anthony DeLuca 5/6/2014HouseDo Pass / Short Debate Insurance Committee; 023-000-000 5/7/2014HousePlaced on Calendar 2nd Reading - Short Debate 5/15/2014HouseSecond Reading - Short Debate 5/15/2014HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/23/2014HouseFinal Action Deadline Extended-9(b) May 30, 2014 5/30/2014HouseThird Reading - Short Debate - Passed 111-000-001 5/30/2014SenatePassed Both Houses 6/27/2014SenateSent to the Governor 8/26/2014SenateGovernor Approved 8/26/2014SenateEffective Date August 26, 2014 8/26/2014SenatePublic Act . . . . . . . . . 98-1120