SB 3392

  • Illinois Senate Bill
  • 100th Regular Session
  • Introduced in Senate Apr 24, 2018
  • Passed Senate Apr 24, 2018
  • Passed House May 29, 2018
  • Signed by Governor Jul 20, 2018

Installment Sale No Interest

Abstract

Amends the Installment Sales Contract Act. Excludes from the scope of the term "installment sales contract" a financing arrangement for the transfer of residential real estate that for religious or cultural reasons does not allow for the imposition or collection of interest. Effective immediately.

Bill Sponsors (2)

Votes


Actions


Jul 20, 2018

Senate

Effective Date July 20, 2018

Senate

Governor Approved

Senate

Public Act . . . . . . . . . 100-0626

Jun 27, 2018

Senate

Sent to the Governor

May 29, 2018

House

Third Reading - Short Debate - Passed 116-001-000

Senate

Passed Both Houses

May 25, 2018

House

Final Action Deadline Extended-9(b) May 31, 2018

May 21, 2018

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

Second Reading - Short Debate

May 17, 2018

House

Placed on Calendar 2nd Reading - Short Debate

May 16, 2018

House

Do Pass / Short Debate Judiciary - Civil Committee; 010-000-000

House

Recommends Do Pass Subcommittee/ Judiciary - Civil Committee; 003-000-000

House

Reported Back To Judiciary - Civil Committee;

May 09, 2018

House

To Real & Personal Property Law Subcommittee

House

Added Alternate Co-Sponsor Rep. Peter Breen

May 02, 2018

House

Assigned to Judiciary - Civil Committee

Apr 24, 2018

House

Referred to Rules Committee

Senate

Third Reading - Passed; 053-000-000

House

Arrived in House

House

Chief House Sponsor Rep. Marcus C. Evans, Jr.

House

First Reading

Apr 19, 2018

Senate

Placed on Calendar Order of 3rd Reading April 23, 2018

Senate

Second Reading

Apr 11, 2018

Senate

Placed on Calendar Order of 2nd Reading April 12, 2018

Senate

Do Pass as Amended Financial Institutions; 007-000-000

Senate

Senate Committee Amendment No. 1 Adopted

Mar 13, 2018

Senate

Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions

Mar 06, 2018

Senate

Senate Committee Amendment No. 1 Filed with Secretary by Sen. David Koehler

Senate

Senate Committee Amendment No. 1 Referred to Assignments

Feb 27, 2018

Senate

Assigned to Financial Institutions

Feb 16, 2018

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. David Koehler

Bill Text

Bill Text Versions Format
Enrolled HTML
Engrossed HTML
Introduced HTML

Related Documents

Document Format
Public Act
Senate Amendment 001

Sources

Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.