Illinois General Assembly - Bill Status for HB2814
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 Bill Status of HB2814  97th General Assembly


Short Description:  RESIDENTIAL MORTGAGE LICENSE

House Sponsors
Rep. Elaine Nekritz, Linda Chapa LaVia and Silvana Tabares

Senate Sponsors
(Sen. Don Harmon)

Last Action
DateChamber Action
  7/23/2015HousePublic Act . . . . . . . . . 99-0113

Statutes Amended In Order of Appearance
205 ILCS 635/1-3from Ch. 17, par. 2321-3


Synopsis As Introduced
Amends the Residential Mortgage License Act of 1987. Provides that a mortgage loan brokered, funded, originated, serviced, or purchased by a party who is not licensed shall not be held to be invalid solely on the basis of specified violations of the Act. Effective immediately.

Actions 
DateChamber Action
  2/20/2015HouseFiled with the Clerk by Rep. Elaine Nekritz
  2/20/2015HouseFirst Reading
  2/20/2015HouseReferred to Rules Committee
  3/2/2015HouseAssigned to Financial Institutions Committee
  3/5/2015HouseAdded Co-Sponsor Rep. Linda Chapa LaVia
  3/10/2015HouseDo Pass / Short Debate Financial Institutions Committee; 023-000-000
  3/11/2015HousePlaced on Calendar 2nd Reading - Short Debate
  3/11/2015HouseAdded Co-Sponsor Rep. Silvana Tabares
  3/12/2015HouseSecond Reading - Short Debate
  3/12/2015HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/17/2015HouseThird Reading - Short Debate - Passed 113-000-000
  3/18/2015SenateArrive in Senate
  3/18/2015SenatePlaced on Calendar Order of First Reading
  3/18/2015SenateChief Senate Sponsor Sen. Don Harmon
  3/18/2015SenateFirst Reading
  3/18/2015SenateReferred to Assignments
  4/8/2015SenateAssigned to Financial Institutions
  4/29/2015SenateDo Pass Financial Institutions; 009-000-000
  4/29/2015SenatePlaced on Calendar Order of 2nd Reading April 30, 2015
  5/18/2015SenateSecond Reading
  5/18/2015SenatePlaced on Calendar Order of 3rd Reading May 19, 2015
  5/19/2015SenateThird Reading - Passed; 055-001-000
  5/19/2015HousePassed Both Houses
  6/17/2015HouseSent to the Governor
  7/23/2015HouseGovernor Approved
  7/23/2015HouseEffective Date July 23, 2015
  7/23/2015HousePublic Act . . . . . . . . . 99-0113

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