Illinois General Assembly - Bill Status for HB2576

Synopsis As Introduced
Amends the Residential Mortgage License Act of 1987. Increases the size of the Residential Mortgage Board from 5 to 7 members. Provides that one of the additional members shall be a representative of the National Training and Information Center and one shall be a representative of the Woodstock Institute. Requires the board to meet at least 4 times each calendar year. Provides that the Commissioner of Banks and Real Estate or the board shall investigate licensees when there are facts that would constitute grounds for disciplinary action. Provides for hearings and procedures for the hearings. Effective immediately.

Actions

Date	Chamber	Action
2/20/2003	House	Filed with the Clerk by Rep. Frank Aguilar
2/20/2003	House	First Reading
2/20/2003	House	Referred to Rules Committee
2/26/2003	House	Assigned to Executive Committee
3/5/2003	House	Re-assigned to Financial Institutions Committee
3/13/2003	House	Rule 19(a) / Re-referred to Rules Committee
1/11/2005	House	Session Sine Die

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