Bill Status of SB3035  102nd General Assembly

Short Description:  REFILE FORECLOSURE PROCEEDINGS

Senate Sponsors
Sen. Michael E. Hastings

Last Action
DateChamber Action
  1/10/2023SenateSession Sine Die

Statutes Amended In Order of Appearance
735 ILCS 5/15-1406 new


Synopsis As Introduced
Amends the Mortgage Foreclosure Article of the Code of Civil Procedure. Provides that a default for failing to make a scheduled payment each month as required under any applicable note and mortgage shall constitute a basis for a new, separate and distinct cause of action. Provides that any voluntary dismissal of a foreclosure shall act as a deacceleration of the note and mortgage.

Actions 
DateChamber Action
  1/5/2022SenateFiled with Secretary by Sen. Michael E. Hastings
  1/5/2022SenateFirst Reading
  1/5/2022SenateReferred to Assignments
  1/10/2023SenateSession Sine Die