SB 2730

  • Illinois Senate Bill
  • 98th Regular Session
  • Introduced in Senate Mar 04, 2014
  • Passed Senate Mar 04, 2014
  • Passed House May 29, 2014
  • Became Law Aug 26, 2014

Strict Foreclosure Actions

Abstract

Amends the Mortgage Foreclosure Article of the Code of Civil Procedure. Defines "omitted subordinate interest". Provides that certain persons holding real estate encumbered by an omitted subordinate interest may file a strict foreclosure complaint consisting substantially of certain specified information. Provides that subject to the objection of the defendant, the court shall enter a judgment extinguishing the omitted subordinate interest by vesting absolute title to the mortgaged real estate in the plaintiff. Provides procedures by which a holder of an omitted subordinate interest may redeem the interest. Provides that a person whose omitted subordinate interest was not terminated by a prior foreclosure action does not have a right to file a strict foreclosure action. Effective immediately.

Bill Sponsors (1)

Votes


Actions


Aug 26, 2014

Senate

Public Act . . . . . . . . . 98-1099

Senate

Effective Date August 26, 2014

Senate

Governor Approved

Jun 27, 2014

Senate

Sent to the Governor

May 30, 2014

Senate

House Committee Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments

Senate

House Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments

Senate

Passed Both Houses

Senate

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

Senate

House Committee Amendment No. 1 Senate Concurs 057-000-000

May 29, 2014

Senate

Secretary's Desk - Concurrence House Amendment(s) 1, 2

Senate

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

Senate

House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. John G. Mulroe

Senate

House Committee Amendment No. 1 Motion to Concur Referred to Assignments

Senate

House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. John G. Mulroe

Senate

Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 30, 2014

House

Third Reading - Short Debate - Passed 113-000-002

May 28, 2014

House

House Floor Amendment No. 2 Adopted

House

Placed on Calendar Order of 3rd Reading - Short Debate

May 23, 2014

House

Final Action Deadline Extended-9(b) May 30, 2014

May 22, 2014

House

House Floor Amendment No. 2 Recommends Be Adopted Judiciary; 016-000-000

House

Held on Calendar Order of Second Reading - Short Debate

House

Second Reading - Short Debate

May 21, 2014

House

Added Alternate Chief Co-Sponsor Rep. Jay Hoffman

May 14, 2014

House

House Floor Amendment No. 2 Rules Refers to Judiciary

May 13, 2014

House

House Floor Amendment No. 2 Filed with Clerk by Rep. Elaine Nekritz

House

House Floor Amendment No. 2 Referred to Rules Committee

Apr 30, 2014

House

Placed on Calendar 2nd Reading - Short Debate

House

Do Pass as Amended / Short Debate Judiciary; 015-000-000

House

House Committee Amendment No. 1 Adopted in Judiciary; by Voice Vote

Apr 29, 2014

House

Added Alternate Chief Co-Sponsor Rep. Sam Yingling

Apr 28, 2014

House

House Committee Amendment No. 1 Rules Refers to Judiciary

Apr 24, 2014

House

House Committee Amendment No. 1 Filed with Clerk by Rep. Elaine Nekritz

House

House Committee Amendment No. 1 Referred to Rules Committee

Apr 23, 2014

House

Assigned to Judiciary

Mar 19, 2014

House

First Reading

House

Referred to Rules Committee

Mar 10, 2014

House

Chief House Sponsor Rep. Elaine Nekritz

Mar 04, 2014

House

Arrived in House

Senate

Third Reading - Passed; 051-000-000

Feb 20, 2014

Senate

Placed on Calendar Order of 3rd Reading February 25, 2014

Senate

Second Reading

Feb 19, 2014

Senate

Do Pass Judiciary; 012-000-000

Senate

Placed on Calendar Order of 2nd Reading February 20, 2014

Feb 11, 2014

Senate

Assigned to Judiciary

Jan 28, 2014

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. John G. Mulroe

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML
Enrolled HTML

Related Documents

Document Format
Public Act
House Amendment 002
House Amendment 001

Sources

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