Illinois General Assembly

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 Bill Status of HB4313  95th General Assembly


Short Description:  REAL ESTATE LICENSEE-REBATES

House Sponsors
Rep. Robert S. Molaro and Angelo Saviano

Last Action
DateChamber Action
  1/13/2009HouseSession Sine Die

Statutes Amended In Order of Appearance
225 ILCS 454/10-15


Synopsis As Introduced
Amends the Real Estate License Act of 2000. Provides that no licensee shall give or pay cash rebates, cash gifts, or cash prizes to an unlicensed person who is a party to a contract to buy or sell real estate. Provides that a licensee may offer compensation, including prizes, merchandise, services, rebates, discounts, or other consideration to an unlicensed person who is a party to the lease of real estate, so long as the offer complies with certain provisions of the Act. Effective immediately.

Actions 
DateChamber Action
  1/9/2008HouseFiled with the Clerk by Rep. Robert S. Molaro
  1/9/2008HouseFirst Reading
  1/9/2008HouseReferred to Rules Committee
  2/5/2008HouseAdded Co-Sponsor Rep. Franco Coladipietro
  2/7/2008HouseAdded Co-Sponsor Rep. Angelo Saviano
  2/13/2008HouseAssigned to Judiciary I - Civil Law Committee
  3/6/2008HouseRemoved Co-Sponsor Rep. Franco Coladipietro
  3/14/2008HouseRule 19(a) / Re-referred to Rules Committee
  1/13/2009HouseSession Sine Die

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