Date	Chamber	Action
8/22/2017	House	Public Act . . . . . . . . . 100-0268

Statutes Amended In Order of Appearance

205 ILCS 635/5-8.5 new

Synopsis As Introduced
Amends the Residential Mortgage License Act of 1987. Provides that when a mortgagor is in arrears more than one month, no licensee shall refuse to accept any payments offered by the mortgagor in whole month payment amounts. Provides that such payments shall be applied to the unpaid balance in the manner provided in the licensee's mortgage with that mortgagor.

Actions 

Date	Chamber	Action
2/9/2017	House	Filed with the Clerk by Rep. Jaime M. Andrade, Jr.
2/9/2017	House	First Reading
2/9/2017	House	Referred to Rules Committee
2/22/2017	House	Assigned to Financial Institutions Committee
3/14/2017	House	Do Pass / Short Debate Financial Institutions Committee; 010-000-000
3/15/2017	House	Placed on Calendar 2nd Reading - Short Debate
3/23/2017	House	Second Reading - Short Debate
3/23/2017	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/30/2017	House	Third Reading - Short Debate - Passed 110-000-001
3/30/2017	House	Added Chief Co-Sponsor Rep. Litesa E. Wallace
4/4/2017	Senate	Arrive in Senate
4/4/2017	Senate	Placed on Calendar Order of First Reading
4/4/2017	Senate	Chief Senate Sponsor Sen. Antonio Muņoz
4/4/2017	Senate	First Reading
4/4/2017	Senate	Referred to Assignments
4/6/2017	Senate	Alternate Chief Sponsor Changed to Sen. Iris Y. Martinez
4/25/2017	Senate	Assigned to Financial Institutions
5/10/2017	Senate	Do Pass Financial Institutions; 007-000-000
5/10/2017	Senate	Placed on Calendar Order of 2nd Reading May 11, 2017
5/15/2017	Senate	Second Reading
5/15/2017	Senate	Placed on Calendar Order of 3rd Reading May 16, 2017
5/25/2017	Senate	Third Reading - Passed; 056-000-000
5/25/2017	House	Passed Both Houses
6/23/2017	House	Sent to the Governor
8/22/2017	House	Governor Approved
8/22/2017	House	Effective Date January 1, 2018
8/22/2017	House	Public Act . . . . . . . . . 100-0268

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