HOWARD. 765 ILCS 910/5.1 new 765 ILCS 915/1 from Ch. 17, par. 5001 Amends the Mortgage Escrow Account Act. Requires a mortgage lender to pay interest to the borrower on escrow accounts. Amends the Mortgage Tax Escrow Act. Deletes all existing substantive provisions of the Act. Adds language providing that a lender may hold no more in an escrow account than the amount of taxes and insurance plus one-sixth of the estimated total charges payable from the account in the next 12 months. 99-02-18 H FIRST READING 99-02-18 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-24 H ASSIGNED TO COMMITTEE CONSUMER PROT 99-03-05 H MOTION DO PASS-LOST 002-002-003 HCON 99-03-05 H REMAINS IN COMMITTEE CONSUMER PROT 99-03-05 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary