Bill Status of HB3101  99th General Assembly


Short Description:  HIGH RISK LOAN PREPAYMENT

House Sponsors
Rep. Marcus C. Evans, Jr., Donald L. Moffitt, Randy E. Frese, Thaddeus Jones, Linda Chapa LaVia and Eddie Lee Jackson, Sr.

Senate Sponsors
(Sen. John M. Sullivan)

Last Action
DateChamber Action
  8/18/2015HousePublic Act . . . . . . . . . 99-0389

Statutes Amended In Order of Appearance
815 ILCS 137/10


Synopsis As Introduced
Amends the High Risk Home Loan Act. Provides that the term "high risk home loan" includes certain loans that exceed an amount established by federal regulation. Defines the terms "prepayment penalty" and "prepayment fees or penalties". Effective immediately.

Senate Committee Amendment No. 1
Deletes reference to:
815 ILCS 137/10
Adds reference to:
225 ILCS 640/6.2from Ch. 121 1/2, par. 213b
225 ILCS 645/9from Ch. 111, par. 409
225 ILCS 645/9.2from Ch. 111, par. 409.2
505 ILCS 25/2from Ch. 5, par. 1402
505 ILCS 25/3from Ch. 5, par. 1403
505 ILCS 25/4from Ch. 5, par. 1404
505 ILCS 25/6from Ch. 5, par. 1406
505 ILCS 25/7from Ch. 5, par. 1407
505 ILCS 25/8from Ch. 5, par. 1408
505 ILCS 25/9from Ch. 5, par. 1409
505 ILCS 25/10from Ch. 5, par. 1410
505 ILCS 25/11from Ch. 5, par. 1411
505 ILCS 25/13from Ch. 5, par. 1413
505 ILCS 25/14from Ch. 5, par. 1414

Replaces everything after the enacting clause. Amends the Beef Market Development Act. Changes references to the "Council" to the "Illinois Beef Association Checkoff Division". Provides that an assessment/deduction rate, as determined by referendum, per head of cattle sold in Illinois shall finance the creation of the Illinois Beef Association Checkoff Division. Removes a provision providing that the meetings of the Checkoff Division shall be held under the Open Meetings Act. Amends the Livestock Auction Market Law and the Illinois Livestock Dealer Licensing Act making corresponding changes. Effective immediately.

Actions 
DateChamber Action
  2/24/2015HouseFiled with the Clerk by Rep. Marcus C. Evans, Jr.
  2/25/2015HouseFirst Reading
  2/25/2015HouseReferred to Rules Committee
  3/10/2015HouseAssigned to Consumer Protection Committee
  3/24/2015HouseDo Pass / Short Debate Consumer Protection Committee; 014-000-000
  3/25/2015HousePlaced on Calendar 2nd Reading - Short Debate
  4/16/2015HouseSecond Reading - Short Debate
  4/16/2015HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/17/2015HouseThird Reading - Short Debate - Passed 104-000-001
  4/17/2015HouseAdded Co-Sponsor Rep. Litesa E. Wallace
  4/17/2015HouseAdded Co-Sponsor Rep. Eddie Lee Jackson, Sr.
  4/17/2015HouseRemoved Co-Sponsor Rep. Litesa E. Wallace
  4/21/2015SenateArrive in Senate
  4/21/2015SenatePlaced on Calendar Order of First Reading April 22, 2015
  4/22/2015SenateChief Senate Sponsor Sen. Michael E. Hastings
  4/23/2015SenateFirst Reading
  4/23/2015SenateReferred to Assignments
  5/7/2015SenateAlternate Chief Sponsor Changed to Sen. John M. Sullivan
  5/7/2015SenateAssigned to Agriculture
  5/8/2015SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. John M. Sullivan
  5/8/2015SenateSenate Committee Amendment No. 1 Referred to Assignments
  5/12/2015SenateSenate Committee Amendment No. 1 Assignments Refers to Agriculture
  5/14/2015SenateSenate Committee Amendment No. 1 Adopted
  5/14/2015SenateDo Pass as Amended Agriculture; 006-000-000
  5/14/2015SenatePlaced on Calendar Order of 2nd Reading May 18, 2015
  5/20/2015SenateSecond Reading
  5/20/2015SenatePlaced on Calendar Order of 3rd Reading May 21, 2015
  5/22/2015SenateThird Reading - Passed; 052-000-000
  5/22/2015HouseArrived in House
  5/22/2015HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1
  5/22/2015HouseSenate Committee Amendment No. 1 Motion Filed Concur Rep. Marcus C. Evans, Jr.
  5/22/2015HouseSenate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
  5/25/2015HouseSenate Committee Amendment No. 1 Motion to Concur Rules Referred to Agriculture & Conservation Committee
  5/27/2015HouseSenate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Agriculture & Conservation Committee; 016-000-000
  5/27/2015HouseAdded Co-Sponsor Rep. Donald L. Moffitt
  5/27/2015HouseAdded Co-Sponsor Rep. Randy E. Frese
  5/27/2015HouseAdded Co-Sponsor Rep. Thaddeus Jones
  5/27/2015HouseAdded Co-Sponsor Rep. Linda Chapa LaVia
  5/31/2015HouseSenate Committee Amendment No. 1 House Concurs 112-002-000
  5/31/2015HouseHouse Concurs
  5/31/2015HousePassed Both Houses
  6/29/2015HouseSent to the Governor
  8/18/2015HouseGovernor Approved
  8/18/2015HouseEffective Date August 18, 2015
  8/18/2015HousePublic Act . . . . . . . . . 99-0389