Bill Status of HB2961  101st General Assembly


Short Description:  BROKER MARKET ANALYSIS

House Sponsors
Rep. Robert Rita

Senate Sponsors
(Sen. Bill Cunningham)

Last Action
DateChamber Action
  7/12/2019HousePublic Act . . . . . . . . . 101-0071

Statutes Amended In Order of Appearance
225 ILCS 454/10-45


Synopsis As Introduced
Amends the Real Estate License Act of 2000. In provisions regarding a statement that must be contained in a broker price opinion or comparative market analysis, provides that the broker price opinion or comparative market analysis was prepared by a licensed real estate broker or managing broker who was not acting as a State certified real estate appraiser (rather than a licensed real estate broker or managing broker, not by a State certified real estate appraiser). Effective immediately.

Actions 
DateChamber Action
  2/14/2019HouseFiled with the Clerk by Rep. Robert Rita
  2/14/2019HouseFirst Reading
  2/14/2019HouseReferred to Rules Committee
  2/26/2019HouseAssigned to Labor & Commerce Committee
  3/27/2019HouseDo Pass / Short Debate Labor & Commerce Committee; 026-000-000
  3/29/2019HousePlaced on Calendar 2nd Reading - Short Debate
  4/9/2019HouseSecond Reading - Short Debate
  4/9/2019HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/10/2019HouseThird Reading - Short Debate - Passed 112-000-000
  4/10/2019SenateArrive in Senate
  4/10/2019SenatePlaced on Calendar Order of First Reading April 11, 2019
  4/12/2019SenateChief Senate Sponsor Sen. Bill Cunningham
  4/12/2019SenateFirst Reading
  4/12/2019SenateReferred to Assignments
  4/24/2019SenateAssigned to Financial Institutions
  5/1/2019SenateDo Pass Financial Institutions; 008-000-000
  5/1/2019SenatePlaced on Calendar Order of 2nd Reading May 2, 2019
  5/14/2019SenateSecond Reading
  5/14/2019SenatePlaced on Calendar Order of 3rd Reading May 15, 2019
  5/17/2019SenateThird Reading - Passed; 054-000-000
  5/17/2019HousePassed Both Houses
  6/14/2019HouseSent to the Governor
  7/12/2019HouseGovernor Approved
  7/12/2019HouseEffective Date July 12, 2019
  7/12/2019HousePublic Act . . . . . . . . . 101-0071