IL HB4941 | 2023-2024 | 103rd General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Title Insurance Act. Provides for the licensure of title insurance agents (instead of registration of title insurance agents by title insurance companies). Makes changes in the definition of "financial interest". Defines "core title agent services". Sets forth requirements for licensure, including examination and educational requirements. Sets forth exemptions from the examination and educational requirements. Provides that it is unlawful for any person, firm, partnership, association, corporation, or other legal entity to act as or hold itself out to be a title insurance agent unless first procuring from the Secretary a license. Provides that no person, firm, association, partnership, or corporation may operate as a pre-licensing or continuing education provider or administer examinations unless the provider holds a certification issued by the Department of Financial and Professional Regulation. Sets forth provisions concerning the Department's approval of applications for a certificate. Makes other changes. Effective immediately.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

TITLE INSURANCE AGENTS

Sponsors


History

DateChamberAction
2025-01-07HouseSession Sine Die
2024-04-05HouseRule 19(a) / Re-referred to Rules Committee
2024-02-28HouseAssigned to Insurance Committee
2024-02-07HouseReferred to Rules Committee
2024-02-07HouseFirst Reading
2024-02-07HouseFiled with the Clerk by Rep. Terra Costa Howard

Code Citations

ChapterArticleSectionCitation TypeStatute Text
21515516Amended CodeCitation Text
21515516.2New CodeSee Bill Text
2151553Amended CodeCitation Text
2151555Amended CodeCitation Text

Illinois State Sources


Bill Comments

LegiScan Search

View Top 50 Searches

Select area of search.
Find an exact bill number.
Search bill text and data. [help]
Reset

LegiScan Trends

View Top 50 National

NJ A4222 Requires DHS to establish public awareness campaign on doulas.
US HB81 To prohibit the imposition of mask mandates on public transportation.
ME LD19 An Act to Change the Definition of "Oversized ATV" in the Laws Governing...
OK HB1495 Higher education; College Fee Waiver for Children of Parents with Disabilities...
NY A00385 Creates an assembly standing committee on ethics and guidance of eight...
HI SB424 Relating To Labor Standards At Health Care Facilities.
AR HB1037 To Amend Arkansas Law Concerning Persons Who May Register To Vote; And...
NY A01372 Enacts the "public university emergency contraception education act" requiring...
NY A04667 Requires health clubs accept cancellation of a membership within ten business...
IN SB0013 Public safety.
feedback