Mark Walker
- Democratic
- Senator
- District 27
Amends the Credit Agreements Act. Provides that specified provisions shall not constitute a defense to a claim that arises out of bad faith conduct intended to unjustly benefit a creditor or a third party. Provides that the mere failure by a creditor to enter into a credit agreement with or to provide a written commitment to a debtor, without more, shall not constitute bad faith under specified provisions. Provides for the legislative intent of the General Assembly and that certain provisions apply to pending actions as well as actions commenced on or after the effective date of the amendatory Act. Effective immediately.
Effective Date April 13, 2010
Governor Approved
Public Act . . . . . . . . . 96-0888
Sent to the Governor
Passed Both Houses
Added as Co-Sponsor Sen. Kwame Raoul
House Committee Amendment No. 1 Senate Concurs 057-000-000
Added as Co-Sponsor Sen. Jacqueline Y. Collins
Added as Co-Sponsor Sen. Ira I. Silverstein
Added as Co-Sponsor Sen. Mattie Hunter
Added as Co-Sponsor Sen. Gary Forby
Added as Co-Sponsor Sen. Dan Kotowski
Added as Co-Sponsor Sen. Michael W. Frerichs
Added as Chief Co-Sponsor Sen. Toi W. Hutchinson
Added as Chief Co-Sponsor Sen. Michael Bond
Added as Chief Co-Sponsor Sen. Linda Holmes
Added as Chief Co-Sponsor Sen. Deanna Demuzio
House Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive
House Committee Amendment No. 1 Motion to Concur Referred to Assignments
House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Michael Noland
Added Alternate Co-Sponsor Rep. Franco Coladipietro
Added Alternate Co-Sponsor Rep. Sandy Cole
Added Alternate Co-Sponsor Rep. Renée Kosel
Added Alternate Co-Sponsor Rep. John D. Cavaletto
Added Alternate Co-Sponsor Rep. Rosemary Mulligan
Added Alternate Co-Sponsor Rep. Patricia R. Bellock
Added Alternate Co-Sponsor Rep. Sidney H. Mathias
Added Alternate Co-Sponsor Rep. Rich Brauer
Added Alternate Co-Sponsor Rep. Dennis M. Reboletti
Added Alternate Co-Sponsor Rep. Sandra M. Pihos
Added Alternate Co-Sponsor Rep. Michael G. Connelly
Added Alternate Co-Sponsor Rep. Kay Hatcher
Added Alternate Co-Sponsor Rep. Darlene J. Senger
Placed on Calendar Order of Concurrence House Amendment(s) 1 - March 25, 2010
Secretary's Desk - Concurrence House Amendment(s) 1
Added Alternate Co-Sponsor Rep. Linda Chapa LaVia
Added Alternate Co-Sponsor Rep. Jack D. Franks
Added Alternate Co-Sponsor Rep. John D'Amico
Added Alternate Co-Sponsor Rep. Luis Arroyo
Added Alternate Co-Sponsor Rep. Paul D. Froehlich
Added Alternate Co-Sponsor Rep. Cynthia Soto
Added Alternate Co-Sponsor Rep. Maria Antonia Berrios
Added Alternate Co-Sponsor Rep. Lou Lang
Third Reading - Short Debate - Passed 117-000-000
Placed on Calendar Order of 3rd Reading - Short Debate
House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 012-001-000
Added as Co-Sponsor Sen. Kimberly A. Lightford
Added as Co-Sponsor Sen. John M. Sullivan
Added as Co-Sponsor Sen. Martin A. Sandoval
Added as Co-Sponsor Sen. Emil Jones, III
Added as Co-Sponsor Sen. M. Maggie Crotty
Added Alternate Co-Sponsor Rep. LaShawn K. Ford
Added Alternate Co-Sponsor Rep. Lisa M. Dugan
Added Alternate Co-Sponsor Rep. Karen May
Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
Added Alternate Co-Sponsor Rep. Deborah Mell
Added Alternate Co-Sponsor Rep. Joseph M. Lyons
Added Alternate Co-Sponsor Rep. Fred Crespo
Added Alternate Co-Sponsor Rep. Jehan A. Gordon
Added Alternate Co-Sponsor Rep. Emily McAsey
Added Alternate Co-Sponsor Rep. Mark L. Walker
Added Alternate Chief Co-Sponsor Rep. Carol A. Sente
Added Alternate Chief Co-Sponsor Rep. Michael K. Smith
Added Alternate Chief Co-Sponsor Rep. Keith Farnham
Added Alternate Co-Sponsor Rep. Monique D. Davis
House Committee Amendment No. 1 Filed with Clerk by Revenue & Finance Committee
Added Alternate Co-Sponsor Rep. Charles E. Jefferson
Added Alternate Co-Sponsor Rep. Eddie Washington
Chief Sponsor Changed to Sen. Michael Noland
Placed on Calendar 2nd Reading - Short Debate
Do Pass as Amended / Short Debate Revenue & Finance Committee; 012-000-000
House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote
Added Alternate Chief Co-Sponsor Rep. Robert F. Flider
Assigned to Revenue & Finance Committee
Alternate Chief Sponsor Changed to Rep. Michael J. Madigan
Rule 19(a) / Re-referred to Rules Committee
Final Action Deadline Extended-9(b) May 31, 2009
Final Action Deadline Extended-9(b) May 29, 2009
Committee/Final Action Deadline Extended-9(b) May 22, 2009
Alternate Chief Sponsor Changed to Rep. James D. Brosnahan
Assigned to Executive Committee
First Reading
Referred to Rules Committee
Placed on Calendar Order of First Reading
Chief House Sponsor Rep. Robert W. Pritchard
Arrived in House
Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
Third Reading - Passed; 055-000-000
Senate Floor Amendment No. 2 Recommend Do Adopt Judiciary; 007-000-000
Placed on Calendar Order of 3rd Reading April 1, 2009
Senate Floor Amendment No. 2 Adopted; Wilhelmi
Second Reading
Senate Floor Amendment No. 2 Assignments Refers to Judiciary
Senate Floor Amendment No. 1 Referred to Assignments
Senate Floor Amendment No. 2 Referred to Assignments
Senate Floor Amendment No. 2 Filed with Secretary by Sen. A. J. Wilhelmi
Senate Floor Amendment No. 1 Filed with Secretary by Sen. A. J. Wilhelmi
Placed on Calendar Order of 2nd Reading March 12, 2009
Do Pass Judiciary; 008-000-000
Postponed - Judiciary
Assigned to Judiciary
First Reading
Referred to Assignments
Filed with Secretary by Sen. A. J. Wilhelmi
Bill Text Versions | Format |
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Introduced | HTML |
Engrossed | HTML |
Enrolled | HTML |
Document | Format |
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Public Act | |
House Amendment 001 | |
Senate Amendment 002 | |
Senate Amendment 001 |
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