IL SB0071 | 2021-2022 | 102nd General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 3-0)
Status: Passed on July 9 2021 - 100% progression
Action: 2021-07-09 - Public Act . . . . . . . . . 102-0071
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Democrat 3-0)
Status: Passed on July 9 2021 - 100% progression
Action: 2021-07-09 - Public Act . . . . . . . . . 102-0071
Text: Latest bill text (Chaptered) [HTML]
Summary
Amends the Eviction Article of the Code of Civil Procedure. Deletes language that precludes an eviction action in the case of a vendee obtaining possession under a written or verbal agreement to purchase lands or tenements, failing to comply with the agreement, and withholding possession thereof, where the purchase price is to be paid in installments over a period in excess of 5 years and the amount unpaid under the terms of the contract at the time of the filing of a foreclosure complaint is less than 80% of the original purchase price. Provides instead that any agreement for residential real estate that is an installment sales contract and the amount unpaid under the terms of the contract at the time of the filing of the foreclosure complaint, including principal and due and unpaid interest, at the rate prior to default, is less than 80% of the original purchase price of the real estate as stated in the contract is subject to foreclosure. Effective immediately.
Title
INSTALLMENT SALES CONTRACT
Sponsors
Roll Calls
2021-05-20 - House - Third Reading in House (Y: 115 N: 0 NV: 1 Abs: 1) [PASS]
2021-04-21 - Senate - Motion in Senate (Y: 56 N: 0 NV: 3 Abs: 0) [PASS]
2021-04-21 - Senate - Motion in Senate (Y: 56 N: 0 NV: 3 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2021-07-09 | Senate | Public Act . . . . . . . . . 102-0071 |
2021-07-09 | Senate | Effective Date July 9, 2021 |
2021-07-09 | Senate | Governor Approved |
2021-06-17 | Senate | Sent to the Governor |
2021-05-20 | Senate | Passed Both Houses |
2021-05-20 | House | Third Reading - Short Debate - Passed 115-000-000 |
2021-05-19 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
2021-05-19 | House | Second Reading - Short Debate |
2021-05-07 | House | Placed on Calendar 2nd Reading - Short Debate |
2021-05-07 | House | Removed from Consent Calendar Status Rep. Dan Brady |
2021-05-05 | House | Placed on Calendar 2nd Reading - Consent Calendar |
2021-05-05 | House | Do Pass / Consent Calendar Judiciary - Civil Committee; 016-000-000 |
2021-04-28 | House | Assigned to Judiciary - Civil Committee |
2021-04-23 | House | Referred to Rules Committee |
2021-04-23 | House | First Reading |
2021-04-22 | House | Chief House Sponsor Rep. Daniel Didech |
2021-04-22 | House | Arrived in House |
2021-04-21 | Senate | Third Reading - Passed; 055-001-000 |
2021-03-10 | Senate | Placed on Calendar Order of 3rd Reading ** March 16, 2021 |
2021-03-10 | Senate | Second Reading |
2021-03-09 | Senate | Placed on Calendar Order of 2nd Reading March 10, 2021 |
2021-03-09 | Senate | Do Pass Judiciary; 007-000-000 |
2021-03-02 | Senate | Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins |
2021-02-09 | Senate | Assigned to Judiciary |
2021-01-29 | Senate | Referred to Assignments |
2021-01-29 | Senate | First Reading |
2021-01-29 | Senate | Filed with Secretary by Sen. David Koehler |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
735 | 5 | 9-102 | Amended Code | Citation Text |