92nd General Assembly
Status of SB1269
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LUECHTEFELD-KLEMM.

(BURKE-SCHOENBERG-BLACK-FRITCHEY-MOFFITT)

   15 ILCS 505/1             from Ch. 130, par. 1                              

        Amends the State Treasurer Act.  Makes a  grammatical  change  in      
   the Section regarding bond.                                                 
        SENATE AMENDMENT NO. 1.                                                
          Deletes reference to:                                                
          15 ILCS 505/1                                                        
          Adds reference to:                                                   
          15 ILCS 520/7                   from Ch. 130, par. 26                
        Deletes everything.  Amends the  Deposit  of  State  Moneys  Act.      
   Changes home loan programs by which financial institutions may qualify      
   as State depositories.  Provides that the mortgaged property may house      
   up  to 4 families, rather than one family.  Provides that loans may be      
   for Illinois citizens who have defaulted on a mortgage  because  of  a      
   financial  hardship  due  to circumstances beyond their control or who      
   can be made current on mortgages in arrears, as well as  citizens  who      
   cannot  qualify  for mortgages at prevailing rates.  Specifies factors      
   for determining eligibility.  Effective immediately.                        
   FEB-22-2001  S  FIRST READING                                                  
   FEB-22-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-28-2001  S       ASSIGNED TO COMMITTEE               EXECUTIVE             
   MAR-08-2001  S       DO PASS                             007-000-004   SEXC    
   MAR-08-2001  S  PLACED ON CALENDAR ORDER OF 2ND READING  01-03-20              
   MAR-21-2001  S  SECOND READING                                                 
   MAR-21-2001  S  PLACED ON CALENDAR ORDER OF 3RD READING  01-03-22              
   JUL-01-2001  S  REFER TO RULES/PURSUANT SEN RULE 3-9 (B) RULES         SRUL    
   NOV-07-2001  S  APPROVED FOR CONSIDERATION               SRUL          SRUL    
   NOV-07-2001  S  PLACED ON CALENDAR ORDER OF 3RD READING  01-11-13              
   NOV-07-2001  S  ADDED AS A CO-SPONSOR                    LUECHTEFELD           
   NOV-13-2001  S  FILED WITH SECRETARY                                           
   NOV-13-2001  S                             AMENDMENT NO. 01-KLEMM              
   NOV-13-2001  S                     AMENDMENT REFERRED TO SRUL                  
   NOV-13-2001  S                             AMENDMENT NO. 01-KLEMM              
   NOV-13-2001  S                           RULES REFERS TO SEXC                  
   NOV-13-2001  S  SPONSOR REMOVED                          KLEMM                 
   NOV-13-2001  S  CHIEF SPONSOR CHANGED TO                 LUECHTEFELD           
   NOV-13-2001  S  ADDED AS A CHIEF CO-SPONSOR              KLEMM                 
   NOV-14-2001  S                             AMENDMENT NO. 01-KLEMM              
   NOV-14-2001  S                                BE ADOPTED SEXC/013-000-000      
   NOV-14-2001  S  RECALLED TO SECOND READING                                     
   NOV-14-2001  S                             AMENDMENT NO. 01-KLEMM              
   NOV-14-2001  S                                   ADOPTED                       
   NOV-14-2001  S  PLACED ON CALENDAR ORDER OF 3RD READING  01-11-15              
   NOV-15-2001  S                         3/5 VOTE REQUIRED                       
   NOV-15-2001  S  THIRD READING - PASSED                   058-000-000           
   NOV-15-2001  H  ARRIVE IN HOUSE                                                
   NOV-15-2001  H  PLACED CALENDAR ORDER OF FIRST READING                         
   NOV-27-2001  H  HOUSE SPONSOR                            BURKE                 
   NOV-27-2001  H  FIRST READING                                                  
   NOV-27-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   NOV-27-2001  H       ASSIGNED TO COMMITTEE               EXECUTIVE             
   NOV-27-2001  H  MOTION PREVAILED TO SUSPEND RULE 25                            
   NOV-27-2001  H  DO PASS/SHORT DEBATE                     007-000-000   HEXC    
   NOV-27-2001  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   NOV-28-2001  H  SECOND READING-SHORT DEBATE                                    
   NOV-28-2001  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   NOV-29-2001  H  THIRD READING/SHORT DEBATE/PASSED        114-000-001           
   NOV-29-2001  H  ADDED AS A JOINT SPONSOR                 SCHOENBERG            
   NOV-29-2001  H  ADDED AS A JOINT SPONSOR                 BLACK                 
   NOV-29-2001  H  ADDED AS A JOINT SPONSOR                 FRITCHEY              
   NOV-29-2001  H  ADDED AS A JOINT SPONSOR                 MOFFITT               
   NOV-29-2001  S  PASSED BOTH HOUSES                                             
   DEC-28-2001  S  SENT TO THE GOVERNOR                                           
   FEB-08-2002  S  GOVERNOR APPROVED                                              
   FEB-08-2002  S                            EFFECTIVE DATE 02-02-08              
   FEB-08-2002  S  PUBLIC ACT.............................. 92-0531               

   END OF INQUIRY 



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