MOLARO-BERMAN-MADIGAN,R. (BUGIELSKI) 215 ILCS 155/17 from Ch. 73, par. 1417 Amends the Title Insurance Act. Provides that title insurance companies and agents may act as escrow agents even if not issuing title insurance or qualified as an independent escrowee. Effective immediately. SENATE AMENDMENT NO. 1. Deletes reference to: 215 ILCS 155/17 Adds reference to: 215 ILCS 155/16.1 new Replaces the title and everything after the enacting clause. Authorizes title insurance companies and agents to act as escrow agents. Limits the authority to situations in which the company or agent is providing limited purpose title search services to the parties to the transaction. Effective immediately. 98-01-14 S FIRST READING 98-01-14 S REFERRED TO SENATE RULES COMMITTEE RULES 98-01-15 S ASSIGNED TO COMMITTEE LICENSED ACT. 98-03-03 S SPONSOR REMOVED MADIGAN 98-03-03 S CHIEF SPONSOR CHANGED TO MOLARO 98-03-03 S ADDED AS A CHIEF CO-SPONSOR BERMAN 98-03-03 S ADDED AS A CHIEF CO-SPONSOR MADIGAN 98-03-11 S AMENDMENT NO. 01-LICENSED ACT. S 98-03-11 S ADOPTED 98-03-11 S DO PASS AS AMENDED 007-000-001 SLIC 98-03-11 S PLACED ON CALENDAR ORDER OF 2ND READING 98-03-12 98-03-25 S SECOND READING 98-03-25 S PLACED ON CALENDAR ORDER OF 3RD READING 98-03-26 98-03-26 S THIRD READING - PASSED 054-000-001 98-03-26 H ARRIVE IN HOUSE 98-03-26 H PLACED CALENDAR ORDER OF FIRST READING 98-03-31 H HOUSE SPONSOR BUGIELSKI 98-04-01 H FIRST READING 98-04-01 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-01-12 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary