Michael K. Smith
- Democratic
Primary
Amends the Illinois Banking Act and the Illinois Savings and Loan Act of 1985. Provides for a civil penalty of $50,000 for violations of law in connection with reverse mortgage loans made to elderly persons. Requires the penalty to be paid into the Community Senior Services and Resources Fund. Effective immediately.
Public Act . . . . . . . . . 93-0863
Effective Date August 5, 2004
Governor Approved
Sent to the Governor
Added as Alternate Co-Sponsor Sen. Pamela J. Althoff
Passed Both Houses
Third Reading - Passed; 056-000-000
Added as Alternate Co-Sponsor Sen. Edward D. Maloney
Added as Alternate Chief Co-Sponsor Sen. Jacqueline Y. Collins
Second Reading
Placed on Calendar Order of 3rd Reading April 29, 2004
Added as Alternate Chief Co-Sponsor Sen. Dale E. Risinger
Do Pass Financial Institutions; 006-000-000
Placed on Calendar Order of 2nd Reading April 27, 2004
Assigned to Financial Institutions
First Reading
Referred to Rules
Chief Senate Sponsor Sen. George P. Shadid
Placed on Calendar Order of First Reading April 1, 2004
Arrive in Senate
Added Co-Sponsor Rep. Robert Rita
Added Co-Sponsor Rep. Donald L. Moffitt
Added Co-Sponsor Rep. Kathleen A. Ryg
Third Reading - Short Debate - Passed 116-000-000
Added Co-Sponsor Rep. John E. Bradley
Added Co-Sponsor Rep. Careen Gordon
Added Co-Sponsor Rep. Robert F. Flider
Added Co-Sponsor Rep. Suzanne Bassi
Placed on Calendar Order of 3rd Reading - Short Debate
House Floor Amendment No. 1 Adopted by Voice Vote
Second Reading - Short Debate
Added Co-Sponsor Rep. Ralph C. Capparelli
Added Co-Sponsor Rep. Joseph M. Lyons
Added Co-Sponsor Rep. Thomas Holbrook
Added Co-Sponsor Rep. William Davis
Added Co-Sponsor Rep. Naomi D. Jakobsson
House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000
Added Co-Sponsor Rep. Harry Osterman
House Floor Amendment No. 1 Filed with Clerk by Rep. Michael K. Smith
House Floor Amendment No. 1 Referred to Rules Committee
Added Co-Sponsor Rep. Brandon W. Phelps
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Consumer Protection Committee; 011-000-000
Added Co-Sponsor Rep. Mike Boland
Added Co-Sponsor Rep. Monique D. Davis
Added Chief Co-Sponsor Rep. Ronald A. Wait
Added Chief Co-Sponsor Rep. Larry McKeon
Added Chief Co-Sponsor Rep. Angelo Saviano
Added Chief Co-Sponsor Rep. Charles E. Jefferson
Assigned to Consumer Protection Committee
Filed with the Clerk by Rep. Michael K. Smith
Referred to Rules Committee
First Reading
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
|---|---|
| Public Act | |
| House Amendment 001 |
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.