Illinois General Assembly - Bill Status for HB2614
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 Bill Status of HB2614  102nd General Assembly


Short Description:  LOCAL GOVERNMENT-TECH

House Sponsors
Rep. Eva Dina Delgado - Will Guzzardi - Lindsey LaPointe - Camille Y. Lilly - Jaime M. Andrade, Jr.

Senate Sponsors
(Sen. Cristina H. Pacione-Zayas)

Hearings
Revenue Hearing May 12 2021 4:30PM www.ilga.gov Virtual Room 2 Springfield, IL


Last Action
DateChamber Action
  5/4/2021SenateAssigned to Revenue

Statutes Amended In Order of Appearance
65 ILCS 95/1from Ch. 24, par. 1601


Synopsis As Introduced
Amends the Home Equity Assurance Act. Makes a technical change in a Section concerning the short title.

House Committee Amendment No. 1
Deletes reference to:
65 ILCS 95/1
Adds reference to:
65 ILCS 95/11from Ch. 24, par. 1611

Replaces everything after the enacting clause. Amends the Home Equity Assurance Act. Provides that a governing commission, with no less than $4,000,000 in its guarantee fund, may, if authorized (i) by referendum approved by a majority of the voters or (ii) by resolution of the governing commission upon approval by two-thirds of the commissioners, establish a Delinquent Tax Repayment Loan Fund to provide low-interest emergency loans to eligible applicants. Includes procedures to initiate and approve a referendum for the Delinquent Tax Repayment Loan Fund. Provides for conditions for the establishment and administration of the guaranteed home equity program with funds collected under the program.

House Floor Amendment No. 2
Provides that the subsection applies to the Northwest Home Equity Assurance Program (rather than to a governing commission with no less than $4,000,000 in its guarantee fund).

Actions 
DateChamber Action
  2/17/2021HouseFiled with the Clerk by Rep. Will Guzzardi
  2/19/2021HouseFirst Reading
  2/19/2021HouseReferred to Rules Committee
  3/9/2021HouseAssigned to Executive Committee
  3/15/2021HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Will Guzzardi
  3/15/2021HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  3/16/2021HouseRe-assigned to Housing Committee
  3/16/2021HouseHouse Committee Amendment No. 1 Rules Refers to Housing Committee
  3/24/2021HouseAdded Co-Sponsor Rep. Lindsey LaPointe
  3/24/2021HouseHouse Committee Amendment No. 1 Adopted in Housing Committee; by Voice Vote
  3/24/2021HouseDo Pass as Amended / Short Debate Housing Committee; 014-008-000
  3/24/2021HouseRemoved Co-Sponsor Rep. Lindsey LaPointe
  4/6/2021HouseChief Sponsor Changed to Rep. Eva Dina Delgado
  4/7/2021HouseAdded Chief Co-Sponsor Rep. Will Guzzardi
  4/8/2021HousePlaced on Calendar 2nd Reading - Short Debate
  4/13/2021HouseSecond Reading - Short Debate
  4/13/2021HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/14/2021HouseAdded Chief Co-Sponsor Rep. Camille Y. Lilly
  4/20/2021HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Eva Dina Delgado
  4/20/2021HouseHouse Floor Amendment No. 2 Referred to Rules Committee
  4/21/2021HouseHouse Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 005-000-000
  4/21/2021HouseRecalled to Second Reading - Short Debate
  4/21/2021HouseHouse Floor Amendment No. 2 Adopted
  4/21/2021HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/21/2021HouseRemoved from Short Debate Status
  4/21/2021HousePlaced on Calendar Order of 3rd Reading - Standard Debate
  4/21/2021HouseThird Reading - Standard Debate - Passed 075-042-000
  4/21/2021HouseAdded Chief Co-Sponsor Rep. Lindsey LaPointe
  4/21/2021HouseAdded Chief Co-Sponsor Rep. Jaime M. Andrade, Jr.
  4/21/2021SenateArrive in Senate
  4/21/2021SenatePlaced on Calendar Order of First Reading April 22, 2021
  4/22/2021SenateChief Senate Sponsor Sen. Cristina H. Pacione-Zayas
  4/22/2021SenateFirst Reading
  4/22/2021SenateReferred to Assignments
  5/4/2021SenateAssigned to Revenue

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