CARROLL. (WOOD) 815 ILCS 180/17 new Amends the Collateral Protection Act. Provides that the cost of collateral protection insurance must be commercially reasonable. Effective immediately. SENATE AMENDMENT NO. 1. Deletes reference to: 815 ILCS 180/17 new Adds reference to: 815 ILCS 180/5 815 ILCS 180/15 815 ILCS 180/40 Replaces the title and everything after the enacting clause. Amends the Collateral Protection Act. Provides that collateral includes property used to secure performance under lease agreements. Requires the notice to disclose the initial cost of collateral protection insurance. Effective immediately. 97-01-28 S FIRST READING 97-01-28 S REFERRED TO SENATE RULES COMMITTEE RULES 97-01-29 S ASSIGNED TO COMMITTEE FIN INST 97-02-28 S DO PASS 007-000-000 SFIC 97-02-28 S PLACED ON CALENDAR ORDER OF 2ND READING 97-03-04 97-03-17 S SECOND READING 97-03-17 S PLACED ON CALENDAR ORDER OF 3RD READING 97-03-18 97-03-19 S FILED WITH SECRETARY 97-03-19 S AMENDMENT NO. 01-CARROLL 97-03-19 S AMENDMENT REFERRED TO SRUL 97-03-19 S AMENDMENT NO. 01-CARROLL 97-03-19 S RULES REFERS TO SFIC 97-03-20 S AMENDMENT NO. 01-CARROLL 97-03-20 S BE ADOPTED SFIC/006-000-000 97-03-20 S RECALLED TO SECOND READING 97-03-20 S AMENDMENT NO. 01-CARROLL 97-03-20 S ADOPTED 97-03-20 S PLACED ON CALENDAR ORDER OF 3RD READING 97-03-20 S THIRD READING - PASSED 055-001-001 97-03-21 H ARRIVE IN HOUSE 97-03-21 H PLACED CALENDAR ORDER OF FIRST READING 97-04-08 H HOUSE SPONSOR WOOD 97-04-08 H FIRST READING 97-04-08 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-04-09 H ASSIGNED TO COMMITTEE FIN INSTIT 97-04-30 H DO PASS/SHORT DEBATE 027-000-000 HFIN 97-04-30 H PLACED CALENDAR 2ND READING-SHORT DEBATE 97-05-01 H SECOND READING-SHORT DEBATE 97-05-01 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 97-05-08 H THIRD READING/SHORT DEBATE/PASSED 115-000-000 97-05-08 S PASSED BOTH HOUSES 97-06-06 S SENT TO THE GOVERNOR 97-06-27 S GOVERNOR APPROVED 97-06-27 S EFFECTIVE DATE 97-06-27 97-06-27 S PUBLIC ACT.............................. 90-0035 END OF INQUIRY Full Text Bill Summary