Illinois General Assembly

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips

Search By Keyword

 Bill Status of SB2615  100th General Assembly


Short Description:  MORTGAGE LOAN ADVERTISEMENTS

Senate Sponsors
Sen. Pamela J. Althoff

Last Action
DateChamber Action
  2/21/2018SenatePlaced on Calendar Order of 2nd Reading February 22, 2018

Statutes Amended In Order of Appearance
205 ILCS 635/3-3from Ch. 17, par. 2323-3


Synopsis As Introduced
Amends the Residential Mortgage License Act of 1987. Provides that mortgage loan advertisements must reference the Nationwide Multistate Licensing System and Registry's Consumer Access website, except where exempted by the Secretary of Financial and Professional Regulation. Provides that a licensee shall not advertise its services in Illinois in any media, whether print or electronic, without including its unique identifier. Replaces "Commissioner" with "Secretary" in order to update references to the Secretary of Financial and Professional Regulation. Makes other changes. Effective immediately.

Actions 
DateChamber Action
  2/7/2018SenateFiled with Secretary by Sen. Pamela J. Althoff
  2/7/2018SenateFirst Reading
  2/7/2018SenateReferred to Assignments
  2/14/2018SenateAssigned to Financial Institutions
  2/21/2018SenateDo Pass Financial Institutions; 008-000-000
  2/21/2018SenatePlaced on Calendar Order of 2nd Reading February 22, 2018

Back To Top