SB 3437

  • Illinois Senate Bill
  • 101st Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Manufactured Homes-Refinancing

Abstract

Amends the Residential Real Property Disclosure Act. Provides that a lender, or agent of a lending company, when offering terms for a mortgage note for the purchase of a manufactured home, shall disclose: (1) any affiliation between the landlord and the lending company; (2) that the loan is a chattel loan; (3) that the terms of a chattel loan prohibit refinancing; and (4) any other reason that prohibits refinancing.

Bill Sponsors (4)

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May 15, 2020

Senate

Rule 2-10 Third Reading/Passage Deadline Established As May 31, 2020

May 07, 2020

Senate

Rule 2-10 Third Reading Deadline Established As May 29, 2020

Apr 30, 2020

Senate

Rule 2-10 Third Reading Deadline Established As May 22, 2020

Apr 23, 2020

Senate

Rule 2-10 Third Reading Deadline Established As May 15, 2020

Apr 12, 2020

Senate

Pursuant to Senate Rule 3-9(b) / Referred to Assignments

Mar 25, 2020

Senate

Rule 2-10 Third Reading Deadline Established As May 7, 2020

Mar 05, 2020

Senate

Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-8(b-1), this amendment will remain in the Committee on Assignments

Senate

Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins

Mar 04, 2020

Senate

Senate Floor Amendment No. 1 Referred to Assignments

Senate

Do Pass Judiciary; 009-000-000

Senate

Placed on Calendar Order of 2nd Reading March 5, 2020

Senate

Senate Floor Amendment No. 1 Filed with Secretary by Sen. Laura M. Murphy

Mar 03, 2020

Senate

Added as Co-Sponsor Sen. Cristina Castro

Senate

Added as Co-Sponsor Sen. Melinda Bush

Feb 25, 2020

Senate

Assigned to Judiciary

Feb 14, 2020

Senate

Filed with Secretary by Sen. Laura M. Murphy

Senate

Referred to Assignments

Senate

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
Senate Amendment 001

Sources

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