Illinois General Assembly - Bill Status for HB3864
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 Bill Status of HB3864  96th General Assembly


House Sponsors
Rep. Emily McAsey, Karen A. Yarbrough, Cynthia Soto, Elizabeth Hernandez, Linda Chapa LaVia, Lisa M. Dugan, Anthony DeLuca and Careen M. Gordon

Last Action
DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
205 ILCS 635/5-4 new

Synopsis As Introduced
Amends the Residential Mortgage License Act of 1987. Provides that at the time a mortgage loan is made or brokered, a licensee must provide to the borrower, in the mortgage document, a summary of the terms of the mortgage agreement. The summary must be listed on the first page of the document in an area titled "SUMMARY OF TERMS". The summary must be listed in bold, 14-point font.

DateChamber Action
  2/25/2009HouseFiled with the Clerk by Rep. Emily McAsey
  2/26/2009HouseFirst Reading
  2/26/2009HouseReferred to Rules Committee
  3/3/2009HouseAssigned to Consumer Protection Committee
  3/10/2009HouseDo Pass / Short Debate Consumer Protection Committee; 008-005-000
  3/11/2009HousePlaced on Calendar 2nd Reading - Short Debate
  3/12/2009HouseAdded Co-Sponsor Rep. Karen A. Yarbrough
  3/12/2009HouseAdded Co-Sponsor Rep. Cynthia Soto
  3/12/2009HouseAdded Co-Sponsor Rep. Elizabeth Hernandez
  3/24/2009HouseAdded Co-Sponsor Rep. Linda Chapa LaVia
  3/24/2009HouseAdded Co-Sponsor Rep. Lisa M. Dugan
  3/26/2009HouseAdded Co-Sponsor Rep. Anthony DeLuca
  3/26/2009HouseAdded Co-Sponsor Rep. Careen M. Gordon
  4/1/2009HouseSecond Reading - Short Debate
  4/1/2009HouseHeld on Calendar Order of Second Reading - Short Debate
  4/3/2009HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2011HouseSession Sine Die

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