SB 2919

  • Illinois Senate Bill
  • 103rd Regular Session
  • Introduced in Senate Apr 10, 2024
  • Senate
  • Passed House Apr 10, 2024
  • Signed by Governor Aug 09, 2024

Judicial Foreclosure Procedure

Abstract

Amends the Mortgage Foreclosure Article of the Code of Civil Procedure. Allows a judge, sheriff, or other person to conduct a judicial foreclosure sale online in accordance with the Article. Allows the person conducting the sale to engage a third party online sale provider to assist with performance of the online sale and charge an additional fee as a reasonable expense of the sale for costs associated with conducting the sale online. Requires the person conducting the sale online to obtain court approval and demonstrate the ability to provide substantial marketing of the sale, appropriate and documented process and procedures for conducting online auctions, adequate recordkeeping, substantial expertise in online real estate auctions, and adequate data security. Requires, if the sale takes place online and in person, all bids to be simultaneously announced at the in-person sale and visible to the public online at the time the bids are placed. Prohibits a fee from being charged to the public to view properties for sale online, to participate in any auction in person or online, or to purchase property at an auction in person or online. Requires persons seeking to bid online to complete a registration form and to have their identity verified before a bid can be placed online. Provides that no fee may be charged to a bidder or purchaser at the sale of real estate under the Article beyond the winning bid amount to cover an expense of sale. Makes conforming changes.

Bill Sponsors (2)

Votes


Actions


Aug 09, 2024

House

Governor Approved

House

Public Act . . . . . . . . . 103-0930

House

Effective Date January 1, 2025

Jun 21, 2024

House

Sent to the Governor

May 24, 2024

House

House Floor Amendment No. 2 Senate Concurs 057-000-000

House

Passed Both Houses

House

Senate Concurs

May 23, 2024

House

House Floor Amendment No. 2 Motion to Concur Referred to Assignments

House

House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Judiciary; 008-000-000

House

House Floor Amendment No. 2 Motion to Concur Assignments Referred to Judiciary

House

House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Robert F. Martwick

May 21, 2024

House

Secretary's Desk - Concurrence House Amendment(s) 2

House

Placed on Calendar Order of Concurrence House Amendment(s) 2 - May 21, 2024

House

Third Reading - Short Debate - Passed 112-000-000

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

House Floor Amendment No. 2 Adopted

May 17, 2024

House

Third Reading/Final Action Deadline Extended-9(b) May 24, 2024

May 16, 2024

House

Held on Calendar Order of Second Reading - Short Debate

House

Second Reading - Short Debate

May 15, 2024

House

House Floor Amendment No. 2 Recommends Be Adopted Judiciary - Civil Committee; 014-000-000

May 13, 2024

House

House Floor Amendment No. 2 Rules Refers to Judiciary - Civil Committee

May 06, 2024

House

House Floor Amendment No. 2 Filed with Clerk by Rep. Eva-Dina Delgado

House

House Floor Amendment No. 2 Referred to Rules Committee

May 01, 2024

House

Placed on Calendar 2nd Reading - Short Debate

House

Do Pass / Short Debate Judiciary - Civil Committee; 015-000-000

House

House Committee Amendment No. 1 Tabled

Apr 26, 2024

House

House Committee Amendment No. 1 Referred to Rules Committee

House

House Committee Amendment No. 1 Filed with Clerk by Rep. Eva-Dina Delgado

Apr 24, 2024

House

Assigned to Judiciary - Civil Committee

Apr 11, 2024

House

Alternate Chief Sponsor Changed to Rep. Eva-Dina Delgado

House

Referred to Rules Committee

House

First Reading

House

Chief House Sponsor Rep. Martin J. Moylan

Apr 10, 2024

House

Senate Floor Amendment No. 2 Adopted

House

Senate Floor Amendment No. 2 Recommend Do Adopt Judiciary; 009-000-000

House

Recalled to Second Reading

House

Arrived in House

House

Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4a

House

Third Reading - Passed; 059-000-000

House

Placed on Calendar Order of 3rd Reading

Apr 09, 2024

House

Senate Floor Amendment No. 2 Assignments Refers to Judiciary

House

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

Apr 04, 2024

House

Senate Floor Amendment No. 2 Referred to Assignments

House

Senate Floor Amendment No. 2 Filed with Secretary by Sen. Robert F. Martwick

Apr 03, 2024

House

Senate Floor Amendment No. 1 Referred to Assignments

House

Senate Floor Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick

Mar 21, 2024

House

Placed on Calendar Order of 3rd Reading March 22, 2024

House

Second Reading

Feb 21, 2024

House

Do Pass Judiciary; 009-000-000

House

Placed on Calendar Order of 2nd Reading February 22, 2024

Feb 06, 2024

House

Assigned to Judiciary

Jan 26, 2024

House

First Reading

House

Referred to Assignments

House

Filed with Secretary by Sen. Robert F. Martwick

Bill Text

Bill Text Versions Format
Introduced HTML PDF
Engrossed HTML PDF
Enrolled HTML PDF
Senate Amendment 001 HTML PDF
Senate Amendment 002 HTML PDF
House Amendment 001 HTML PDF
House Amendment 002 HTML PDF

Related Documents

Document Format
Public Act

Sources

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