Illinois General Assembly - Bill Status for SB2615
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 Bill Status of SB2615  100th General Assembly


Short Description:  MORTGAGE LOAN ADVERTISEMENTS

Senate Sponsors
Sen. Pamela J. Althoff

House Sponsors
(Rep. C.D. Davidsmeyer )

Last Action
DateChamber Action
  8/10/2018SenatePublic Act . . . . . . . . . 100-0795;

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
  3/1/2018SenateSecond Reading
  3/1/2018SenatePlaced on Calendar Order of 3rd Reading March 13, 2018
  4/17/2018SenateThird Reading - Passed; 052-000-000
  4/17/2018HouseArrived in House
  4/17/2018HouseChief House Sponsor Rep. C.D. Davidsmeyer
  4/17/2018HouseFirst Reading
  4/17/2018HouseReferred to Rules Committee
  4/26/2018HouseAssigned to Financial Institutions Committee
  5/8/2018HouseDo Pass / Short Debate Financial Institutions Committee; 012-000-000
  5/9/2018HousePlaced on Calendar 2nd Reading - Short Debate
  5/16/2018HouseSecond Reading - Short Debate
  5/16/2018HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/21/2018HouseThird Reading - Short Debate - Passed 102-000-000
  5/21/2018SenatePassed Both Houses
  6/19/2018SenateSent to the Governor
  8/10/2018SenateGovernor Approved
  8/10/2018SenateEffective Date August 10, 2018
  8/10/2018SenatePublic Act . . . . . . . . . 100-0795;

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