Illinois General Assembly - Bill Status for SB3423
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 Bill Status of SB3423  98th General Assembly


Short Description:  COLLATRAL PROT SERVICER COMPLY

Senate Sponsors
Sen. 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)

Last Action
DateChamber Action
  8/26/2014SenatePublic Act . . . . . . . . . 98-1120

Statutes Amended In Order of Appearance
815 ILCS 180/40


Synopsis As Introduced
Amends 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.

Actions 
DateChamber Action
  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

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