Illinois General Assembly - Bill Status for SB2489
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 Bill Status of SB2489  101st General Assembly


Short Description:  INSTALLMENT SALES CONTRACT

Senate Sponsors
Sen. David Koehler

Last Action
DateChamber Action
  1/13/2021SenateSession Sine Die

Statutes Amended In Order of Appearance
735 ILCS 5/9-102from Ch. 110, par. 9-102


Synopsis As Introduced
Amends the Eviction Article of the Code of Civil Procedure. Deletes language that precludes an eviction action in the case of a vendee obtaining possession under a written or verbal agreement to purchase lands or tenements, failing to comply with the agreement, and withholding possession thereof, where the purchase price is to be paid in installments over a period in excess of 5 years and the amount unpaid under the terms of the contract at the time of the filing of a foreclosure complaint is less than 80% of the original purchase price, shall be foreclosed. Provides instead that an eviction action may be brought if the residential real estate is not subject to an installment contract or a specified provision under the Illinois Mortgage Foreclosure Law relating to real estate installment contracts. Effective immediately.

Actions 
DateChamber Action
  1/22/2020SenateFiled with Secretary by Sen. David Koehler
  1/22/2020SenateFirst Reading
  1/22/2020SenateReferred to Assignments
  1/28/2020SenateAssigned to Judiciary
  2/18/2020SenatePostponed - Judiciary
  2/25/2020SenatePostponed - Judiciary
  2/26/2020SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. David Koehler
  2/26/2020SenateSenate Committee Amendment No. 1 Referred to Assignments
  3/3/2020SenateSenate Committee Amendment No. 1 Assignments Refers to Judiciary
  3/4/2020SenateSenate Committee Amendment No. 1 Postponed - Judiciary
  3/4/2020SenatePostponed - Judiciary
  3/4/2020SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. David Koehler
  3/4/2020SenateSenate Committee Amendment No. 2 Referred to Assignments
  3/5/2020SenateSenate Committee Amendment No. 2 Assignments Refers to Judiciary
  3/18/2020SenateRule 2-10 Committee Deadline Established As April 2, 2020
  3/25/2020SenateRule 2-10 Committee Deadline Established As April 24, 2020
  3/25/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 7, 2020
  4/12/2020SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  4/12/2020SenateSenate Committee Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
  4/12/2020SenateSenate Committee Amendment No. 2 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
  4/16/2020SenateRule 2-10 Committee Deadline Established As April 30, 2020
  4/23/2020SenateRule 2-10 Committee Deadline Established As May 7, 2020
  4/23/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 15, 2020
  4/30/2020SenateRule 2-10 Committee Deadline Established As May 15, 2020
  4/30/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 22, 2020
  5/7/2020SenateRule 2-10 Committee Deadline Established As May 22, 2020
  5/7/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 29, 2020
  5/15/2020SenateRule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020
  1/13/2021SenateSession Sine Die

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