Bill Status of SB 1779   102nd General Assembly


Short Description:  MANUFACTURED HOMES-REFINANCING

Senate Sponsors
Sen. Laura M. Murphy

House Sponsors
(Rep. Martin J. Moylan)


Last Action  View All Actions

DateChamber Action
  8/13/2021SenatePublic Act . . . . . . . . . 102-0365

Statutes Amended In Order of Appearance
815 ILCS 505/2WWW new

Synopsis As Introduced
Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that a lender, or agent of a lending company, when offering terms for a mortgage note for the purchase of a manufactured home, shall disclose: (1) any affiliation between the landlord and the lending company; (2) that the loan is a chattel loan; (3) that the terms of a chattel loan prohibit refinancing; and (4) any other reason that prohibits refinancing. Provides that a violation constitutes an unlawful practice within the meaning of the Act.

Senate Floor Amendment No. 2
Adds a definition of "manufactured home" referencing the Mobile Home Park Act. Requires an additional disclosure regarding manufactured homes that may qualify as real property under the Conveyance and Encumbrance of Manufactured Homes as Real Property and Severance Act.

Senate Floor Amendment No. 3
Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with the following changes. Provides that a lender, or agent of a lending company, when offering terms for a mortgage note for the purchase of a manufactured home, as defined in the Mobile Home Park Act, that has not been caused to be deemed to be real property by satisfying the requirements of the Conveyance and Encumbrance of Manufactured Homes as Real Property and Severance Act, shall make certain disclosures concerning the manufactured home including that, depending on where the consumer affixes the manufactured home (be it property owned by the consumer or on certain types of leased land), the manufactured home may qualify as real property under the Conveyance and Encumbrance of Manufactured Homes as Real Property and Severance Act; and any other reason that prohibits refinancing.

Actions 
DateChamber Action
  2/26/2021SenateFiled with Secretary by Sen. Laura M. Murphy
  2/26/2021SenateFirst Reading
  2/26/2021SenateReferred to Assignments
  3/9/2021SenateAssigned to Judiciary
  3/16/2021SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Laura M. Murphy
  3/16/2021SenateSenate Committee Amendment No. 1 Referred to Assignments
  3/16/2021SenateDo Pass Judiciary; 007-002-000
  3/16/2021SenatePlaced on Calendar Order of 2nd Reading March 17, 2021
  3/18/2021SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Laura M. Murphy
  3/18/2021SenateSenate Floor Amendment No. 2 Referred to Assignments
  3/23/2021SenateSenate Floor Amendment No. 2 Assignments Refers to Judiciary
  3/24/2021SenateSenate Floor Amendment No. 2 Recommend Do Adopt Judiciary; 006-002-000
  4/13/2021SenateSenate Floor Amendment No. 3 Filed with Secretary by Sen. Laura M. Murphy
  4/13/2021SenateSenate Floor Amendment No. 3 Referred to Assignments
  4/14/2021SenateSenate Floor Amendment No. 3 Assignments Refers to Judiciary
  4/20/2021SenateSecond Reading
  4/20/2021SenateSenate Floor Amendment No. 2 Adopted; Murphy
  4/20/2021SenatePlaced on Calendar Order of 3rd Reading ** April 21, 2021
  4/20/2021SenateSenate Floor Amendment No. 3 Recommend Do Adopt Judiciary; 007-000-000
  4/21/2021SenateRecalled to Second Reading
  4/21/2021SenateSenate Floor Amendment No. 3 Adopted; Murphy
  4/21/2021SenateThird Reading - Passed; 054-000-000
  4/21/2021SenateSenate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4 (a)
  4/22/2021HouseArrived in House
  4/22/2021HouseChief House Sponsor Rep. Martin J. Moylan
  4/23/2021HouseFirst Reading
  4/23/2021HouseReferred to Rules Committee
  4/28/2021HouseAssigned to Financial Institutions Committee
  5/6/2021HouseDo Pass / Consent Calendar Financial Institutions Committee; 011-000-000
  5/7/2021HousePlaced on Calendar 2nd Reading - Consent Calendar
  5/12/2021HouseSecond Reading - Consent Calendar
  5/12/2021HouseHeld on Calendar Order of Second Reading - Consent Calendar
  5/13/2021HousePlaced on Calendar Order of 3rd Reading - Consent Calendar
  5/14/2021HouseThird Reading - Consent Calendar - First Day
  5/21/2021HouseThird Reading - Consent Calendar - Passed 111-000-000
  5/21/2021SenatePassed Both Houses
  6/17/2021SenateSent to the Governor
  8/13/2021SenateGovernor Approved
  8/13/2021SenateEffective Date January 1, 2022
  8/13/2021SenatePublic Act . . . . . . . . . 102-0365

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