Illinois General Assembly - Bill Status for HB5895

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Bill Status of HB5895 95th General Assembly

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Short Description: MORTGAGE FORECLOSURE CONSULTNT

House Sponsors
Rep. Joe Dunn

Last Action

Date	Chamber	Action
1/13/2009	House	Session Sine Die

Statutes Amended In Order of Appearance

New Act

5 ILCS 80/4.29 new

Synopsis As Introduced
Creates the Mortgage Foreclosure Consultant Licensing Act. Provides for the licensure of mortgage foreclosure consultants with the Department of Financial and Professional Regulation. Sets forth powers and duties of the Department, licensure and written agreement requirements, grounds for discipline, civil and criminal penalties for violation of the Act, and administrative procedure. Includes provisions concerning exemption from the Act. Provides that the Act does not limit the power of a unit of local government from regulating or licensing the practice of mortgage foreclosure consulting in a stricter manner. Amends the Regulatory Sunset Act to set a repeal date of January 1, 2019 for the new Act. Effective immediately.

Actions

Date	Chamber	Action
2/15/2008	House	Filed with the Clerk by Rep. Joe Dunn
2/15/2008	House	First Reading
2/15/2008	House	Referred to Rules Committee
1/13/2009	House	Session Sine Die

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