SB 129

  • Illinois Senate Bill
  • 97th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Crim Cd-Fraudulent Foreclosure

Abstract

Amends the Criminal Code of 1961. Creates the offense of perpetrating a fraudulent foreclosure. Provides that a person commits the offense when he or she has a security interest in real property and files a foreclosure action under the Illinois Mortgage Foreclosure Law to terminate the mortgagor's rights and interests in the real property when the circumstances that gave rise to the action are not in violation of the terms of the mortgage agreement, or if the circumstances are in breach of the mortgage agreement, the terms of the mortgage agreement do not permit foreclosure at the time of the filing of the action. Provides that a violation is a Class X felony for which the court shall impose a minimum fine of $500,000.

Bill Sponsors (1)

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Jan 08, 2013

Senate

Session Sine Die

Apr 08, 2011

Senate

Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments

Senate

Rule 3-9(a) / Re-referred to Assignments

Apr 06, 2011

Senate

Senate Committee Amendment No. 1 Postponed - Criminal Law

Senate

Postponed - Criminal Law

Mar 18, 2011

Senate

Rule 2-10 Committee Deadline Established As April 8, 2011

Mar 17, 2011

Senate

Senate Committee Amendment No. 1 Postponed - Criminal Law

Senate

Postponed - Criminal Law

Mar 09, 2011

Senate

Senate Committee Amendment No. 1 Postponed - Criminal Law

Senate

Postponed - Criminal Law

Mar 08, 2011

Senate

Senate Committee Amendment No. 1 Assignments Refers to Criminal Law

Mar 04, 2011

Senate

Senate Committee Amendment No. 1 Referred to Assignments

Senate

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Martin A. Sandoval

Mar 03, 2011

Senate

Added as Chief Co-Sponsor Sen. Kimberly A. Lightford

Mar 02, 2011

Senate

Postponed - Criminal Law

Feb 09, 2011

Senate

Assigned to Criminal Law

Jan 27, 2011

Senate

Filed with Secretary by Sen. Martin A. Sandoval

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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