Bill Status of HB4030  101st General Assembly


Short Description:  HI RISK HOME LOAN-REVERSE MORT

House Sponsors
Rep. Jonathan Carroll

Last Action
DateChamber Action
  2/18/2020HouseTabled

Statutes Amended In Order of Appearance
815 ILCS 137/10


Synopsis As Introduced
Amends the High Risk Home Loan Act. Provides that "high risk home loan" does not include a loan for reverse mortgage financing of residential real estate, including under programs regulated by the Federal Housing Administration (FHA).

Actions 
DateChamber Action
  1/7/2020HouseFiled with the Clerk by Rep. Jonathan Carroll
  1/8/2020HouseFirst Reading
  1/8/2020HouseReferred to Rules Committee
  1/31/2020HouseMotion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Jonathan Carroll
  2/18/2020HouseMotion Prevailed by Voice Vote
  2/18/2020HouseTabled