HB 6113

  • Illinois House Bill
  • 96th Regular Session
  • Introduced in House Apr 06, 2010
  • Passed House Mar 26, 2010
  • Senate
  • Governor

Foreclosed Home Receivers

Abstract

Creates the Foreclosed Home Receiver License Act. Provides for the licensure of a receiver of a home foreclosed on by a mortgagee that is a bank. Provides that upon possession of a foreclosed home, a licensee under the Act shall hold onto and preserve all remaining personal property of the mortgagor or former occupant, with certain exceptions, for at least 30 days or until the mortgagor or occupant releases his or her claim to the property in writing, whichever occurs sooner. Provides that the receiver must post a public notice containing certain specified information related to how the personal property may be reclaimed by the mortgagor or former occupant. Provides that the Department of Financial and Professional Regulation shall adopt rules to administer the provisions of the Act. Sets forth powers and duties of the Department, licensure requirements, grounds for discipline, civil and criminal penalties for violation of the Act, and administrative procedure. Includes provisions concerning exemption from the Act. Amends the Regulatory Sunset Act to set a repeal date of January 1, 2021 for the new Act. Amends the Code of Civil Procedure to make corresponding changes in provisions concerning the appointment of receivers. Effective immediately.

Bill Sponsors (1)

Votes


Actions


Jan 11, 2011

House

Session Sine Die

Jun 27, 2010

Senate

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

Apr 30, 2010

Senate

Second Reading

Senate

Placed on Calendar Order of 3rd Reading May 3, 2010

Apr 29, 2010

Senate

Senate Committee Amendment No. 1 Adopted

Senate

Placed on Calendar Order of 2nd Reading April 30, 2010

Senate

Do Pass as Amended Financial Institutions; 010-000-000

Senate

Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions

Apr 28, 2010

Senate

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

Senate

Senate Committee Amendment No. 1 Referred to Assignments

Senate

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Iris Y. Martinez

Apr 23, 2010

Senate

Rule 2-10 Committee Deadline Established As May 7, 2010

Apr 22, 2010

Senate

Postponed - Financial Institutions

Apr 13, 2010

Senate

Assigned to Financial Institutions

Apr 06, 2010

Senate

Chief Senate Sponsor Sen. Iris Y. Martinez

Senate

Arrive in Senate

Senate

Placed on Calendar Order of First Reading

Senate

First Reading

Senate

Referred to Assignments

Mar 26, 2010

House

Third Reading - Short Debate - Passed 061-041-000

Mar 24, 2010

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

House Floor Amendment No. 1 Adopted by Voice Vote

House

Second Reading - Short Debate

House

House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000

Mar 23, 2010

House

House Floor Amendment No. 1 Filed with Clerk by Rep. Joseph M. Lyons

House

House Floor Amendment No. 1 Referred to Rules Committee

Mar 03, 2010

House

Do Pass / Short Debate Business & Occupational Licenses Committee; 014-000-000

House

Placed on Calendar 2nd Reading - Short Debate

Feb 25, 2010

House

Added Co-Sponsor Rep. Daniel J. Burke

Feb 24, 2010

House

Added Co-Sponsor Rep. Luis Arroyo

Feb 17, 2010

House

Assigned to Business & Occupational Licenses Committee

Feb 11, 2010

House

Referred to Rules Committee

House

Filed with the Clerk by Rep. Joseph M. Lyons

House

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML

Related Documents

Document Format
Senate Amendment 001
House Amendment 001

Sources

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