Bill Status of SB3286  96th General Assembly


Short Description:  HIGH RISK HOME LOAN ACT-DEF

Senate Sponsors
Sen. Terry Link

House Sponsors
(Rep. Lou Lang, Carol A. Sente, Michael J. Zalewski, Karen May, John A. Fritchey, Elaine Nekritz, Julie Hamos, Randy Ramey, Jr., Franco Coladipietro, LaShawn K. Ford, Jack McGuire, Jim Durkin, David E. Miller, Bob Biggins, Linda Chapa LaVia, Michael G. Connelly, Kevin Joyce and Sara Feigenholtz)

Last Action
DateChamber Action
  1/12/2011SenateSession Sine Die

Statutes Amended In Order of Appearance
815 ILCS 137/10


Synopsis As Introduced
Amends the High Risk Home Loan Act. Provides that the term "points and fees" does not include fees paid to the United States Department of Veterans Affairs required by law, fees paid to the Federal Housing Administration required by law, or fees paid to the United States Department of Agriculture's Rural Development Loan Program required by law.

Actions 
DateChamber Action
  2/9/2010SenateFiled with Secretary by Sen. Terry Link
  2/9/2010SenateFirst Reading
  2/9/2010SenateReferred to Assignments
  2/24/2010SenateAssigned to Financial Institutions
  3/3/2010SenateDo Pass Financial Institutions; 008-003-000
  3/3/2010SenatePlaced on Calendar Order of 2nd Reading March 4, 2010
  3/9/2010SenateSecond Reading
  3/9/2010SenatePlaced on Calendar Order of 3rd Reading March 10, 2010
  3/10/2010SenateThird Reading - Passed; 055-001-000
  3/11/2010HouseArrived in House
  3/11/2010HouseChief House Sponsor Rep. Lou Lang
  3/11/2010HousePlaced on Calendar Order of First Reading
  3/11/2010HouseAdded Alternate Co-Sponsor Rep. Carol A. Sente
  3/11/2010HouseAdded Alternate Co-Sponsor Rep. Michael J. Zalewski
  3/11/2010HouseAdded Alternate Co-Sponsor Rep. Jack D. Franks
  3/11/2010HouseAdded Alternate Co-Sponsor Rep. Karen May
  3/11/2010HouseAdded Alternate Co-Sponsor Rep. John A. Fritchey
  3/11/2010HouseAdded Alternate Co-Sponsor Rep. Elaine Nekritz
  3/11/2010HouseAlternate Co-Sponsor Removed Rep. Jack D. Franks
  3/11/2010HouseAdded Alternate Co-Sponsor Rep. Julie Hamos
  3/11/2010HouseAdded Alternate Co-Sponsor Rep. Randy Ramey, Jr.
  3/11/2010HouseAdded Alternate Co-Sponsor Rep. Franco Coladipietro
  3/11/2010HouseFirst Reading
  3/11/2010HouseReferred to Rules Committee
  3/17/2010HouseAdded Alternate Co-Sponsor Rep. LaShawn K. Ford
  3/23/2010HouseAdded Alternate Co-Sponsor Rep. Jack McGuire
  3/24/2010HouseAdded Alternate Co-Sponsor Rep. Jim Durkin
  3/25/2010HouseAdded Alternate Co-Sponsor Rep. David E. Miller
  4/8/2010HouseAdded Alternate Co-Sponsor Rep. Bob Biggins
  4/12/2010HouseAdded Alternate Co-Sponsor Rep. Linda Chapa LaVia
  4/15/2010HouseAdded Alternate Co-Sponsor Rep. Michael G. Connelly
  4/21/2010HouseAdded Alternate Co-Sponsor Rep. Kevin Joyce
  5/3/2010HouseAdded Alternate Co-Sponsor Rep. Sara Feigenholtz
  1/12/2011SenateSession Sine Die