Bill Status of SB 1500   101st General Assembly

Short Description:  FORECLOSURE-FILING FEES

Senate Sponsors
Sen. Emil Jones, III

Last Action  View All Actions

DateChamber Action
  1/13/2021SenateSession Sine Die

Statutes Amended In Order of Appearance
735 ILCS 5/15-1504.1
735 ILCS 5/15-1507.1

Synopsis As Introduced
Amends the Mortgage Foreclosure Article of the Code of Civil Procedure. Provides that until January 1, 2023 (rather than 2020), at the time of the filing of a foreclosure complaint, the plaintiff shall pay a fee for the Foreclosure Prevention Program Graduated Fund and the Abandoned Residential Property Municipality Relief Fund. Provides that until January 1, 2023 (rather than 2020), the plaintiff or plaintiff's representative shall file a verified statement that states which additional fee is due, unless the court has established another process to certify which additional fee is due. Provides that a specific provision is inoperative on and after January 1, 2023 (rather than 2020). Reenacts a provision regarding the judicial sale fee for the Abandoned Residential Property Municipality Relief Fund. Provides that the provisions are inoperative on January 1, 2023 (rather than 2017) and repealed on March 2, 2023 (rather than 2017). Provides that all actions taken in the collection remittance of fees before the effective date of the Act are ratified, validated, and confirmed. Effective immediately.

Actions 
DateChamber Action
  2/13/2019SenateFiled with Secretary by Sen. Emil Jones, III
  2/13/2019SenateFirst Reading
  2/13/2019SenateReferred to Assignments
  2/27/2019SenateAssigned to Financial Institutions
  3/6/2019SenatePostponed - Financial Institutions
  3/13/2019SenatePostponed - Financial Institutions
  3/20/2019SenateDo Pass Financial Institutions; 007-000-000
  3/20/2019SenatePlaced on Calendar Order of 2nd Reading March 21, 2019
  3/20/2019SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Emil Jones, III
  3/20/2019SenateSenate Floor Amendment No. 1 Referred to Assignments
  3/26/2019SenateSenate Floor Amendment No. 1 Assignments Refers to Financial Institutions
  3/27/2019SenateSenate Floor Amendment No. 1 Recommend Do Adopt Financial Institutions; 006-000-000
  4/12/2019SenateRule 3-9(a) / Re-referred to Assignments
  7/3/2019SenateSenate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
  1/13/2021SenateSession Sine Die

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