Bill Status of HB 5453   97th General Assembly

Short Description:  VACANT BUILDING RESPONSIBILITY

House Sponsors
Rep. Luis Arroyo

Last Action  View All Actions

DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act

Synopsis As Introduced
Creates the Vacant Building in Foreclosure Responsibility Act. Provides that for real estate in foreclosure on which there is a vacant building, the person who has legal title to the real estate or is the mortgagee of the real estate is required to register the vacant building with the Department of Financial and Professional Regulation. Provides that the registration fee for a vacant building is $250; the registration must be renewed every 6 months and a renewal fee of $250 must be paid. Establishes requirements for the maintenance of a vacant building's interior, exterior, and grounds and for security. Provides for inspection by the Department or any applicable municipal or county enforcement entity. Provides for penalties, rules, limiting home rule powers, and other matters. Effective immediately.

 Fiscal Note (Financial & Professional Regulation)
 HB 5453 has a projected negative fiscal impact of approximately $5,013,551 to the Illinois Department of Financial and Professional Regulation.

 State Mandates Fiscal Note (Dept. of Commerce & Economic Opportunity)
 HB 5453 does not create a State mandate.

 State Mandates Fiscal Note, House Floor Amendment No. 1 (Dept. of Commerce & Economic Opportunity)
 HB 5453 (H-AM 1) does create a State mandate.

 Fiscal Note, House Floor Amendment No. 1 (Financial & Professional Regulation)
 HB 5453 (H-AM 1) has no projected fiscal impact to the Illinois Department of Financial and Professional Regulation.

 Housing Affordability Impact Note, House Floor Amendment No. 1 (Housing Development Authority)
 While this bill permits local governments to recoup their costs for monitoring abandoned residential property, it is not possible to compute the fiscal impact of such actions, as the costs will vary between properties, and if/how these get passed on to the next homebuyer.

Actions 
DateChamber Action
  2/9/2012HouseFiled with the Clerk by Rep. Luis Arroyo
  2/15/2012HouseFirst Reading
  2/15/2012HouseReferred to Rules Committee
  2/27/2012HouseAssigned to Housing Committee
  3/8/2012HouseDo Pass / Short Debate Housing Committee; 008-004-000
  3/9/2012HousePlaced on Calendar 2nd Reading - Short Debate
  3/21/2012HouseFiscal Note Requested by Rep. Ed Sullivan, Jr.
  3/21/2012HouseState Mandates Fiscal Note Requested by Rep. Ed Sullivan, Jr.
  3/26/2012HouseFiscal Note Filed
  3/27/2012HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Luis Arroyo
  3/27/2012HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  3/27/2012HouseSecond Reading - Short Debate
  3/27/2012HouseHeld on Calendar Order of Second Reading - Short Debate
  3/28/2012HouseHouse Floor Amendment No. 1 Rules Refers to Housing Committee
  3/28/2012HouseState Mandates Fiscal Note Filed
  3/28/2012HouseHouse Floor Amendment No. 1 Recommends Be Adopted Housing Committee; 008-003-000
  3/29/2012HouseHouse Floor Amendment No. 1 Housing Affordability Impact Note Requested as Amended by Rep. Ed Sullivan, Jr.
  3/30/2012HouseHouse Floor Amendment No. 1 State Mandates Fiscal Note Filed as Amended
  3/30/2012HouseRule 19(a) / Re-referred to Rules Committee
  3/30/2012HouseHouse Floor Amendment No. 1 Fiscal Note Filed as Amended
  4/2/2012HouseHouse Floor Amendment No. 1 Housing Affordability Impact Note Filed as Amended
  1/8/2013HouseSession Sine Die

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