IL SB1578 | 2009-2010 | 96th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 18-0)
Status: Passed on April 13 2010 - 100% progression
Action: 2010-04-13 - Public Act . . . . . . . . . 96-0888
Text: Latest bill text (Enrolled) [HTML]
Spectrum: Partisan Bill (Democrat 18-0)
Status: Passed on April 13 2010 - 100% progression
Action: 2010-04-13 - Public Act . . . . . . . . . 96-0888
Text: Latest bill text (Enrolled) [HTML]
Summary
Amends the Credit Agreements Act. Provides that specified provisions shall not constitute a defense to a claim that arises out of bad faith conduct intended to unjustly benefit a creditor or a third party. Provides that the mere failure by a creditor to enter into a credit agreement with or to provide a written commitment to a debtor, without more, shall not constitute bad faith under specified provisions. Provides for the legislative intent of the General Assembly and that certain provisions apply to pending actions as well as actions commenced on or after the effective date of the amendatory Act. Effective immediately.
Title
CREDIT AGREEMENTS ACT-TECH
Sponsors
Roll Calls
2010-03-25 - Senate - Concurrence in Senate (Y: 57 N: 0 NV: 2 Abs: 0) [PASS]
2010-03-24 - House - Third Reading in House (Y: 117 N: 0 NV: 1 Abs: 0) [PASS]
2009-04-02 - Senate - Third Reading in Senate (Y: 51 N: 0 NV: 3 Abs: 0) [PASS]
2010-03-24 - House - Third Reading in House (Y: 117 N: 0 NV: 1 Abs: 0) [PASS]
2009-04-02 - Senate - Third Reading in Senate (Y: 51 N: 0 NV: 3 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2010-04-13 | Public Act . . . . . . . . . 96-0888 | |
| 2010-04-13 | Effective Date April 13, 2010 | |
| 2010-04-13 | Governor Approved | |
| 2010-04-09 | Sent to the Governor | |
| 2010-03-25 | Passed Both Houses | |
| 2010-03-25 | House Committee Amendment No. 1 Senate Concurs 057-000-000 | |
| 2010-03-25 | Added as Co-Sponsor Sen. Jacqueline Y. Collins | |
| 2010-03-25 | Added as Co-Sponsor Sen. Kwame Raoul | |
| 2010-03-24 | House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 012-001-000 | |
| 2010-03-24 | Added as Co-Sponsor Sen. Kimberly A. Lightford | |
| 2010-03-24 | Added as Co-Sponsor Sen. John M. Sullivan | |
| 2010-03-24 | Added as Co-Sponsor Sen. Martin A. Sandoval | |
| 2010-03-24 | Added as Co-Sponsor Sen. Emil Jones, III | |
| 2010-03-24 | Added as Co-Sponsor Sen. M. Maggie Crotty | |
| 2010-03-24 | Added as Co-Sponsor Sen. Ira I. Silverstein | |
| 2010-03-24 | Added as Co-Sponsor Sen. Mattie Hunter | |
| 2010-03-24 | Added as Co-Sponsor Sen. Gary Forby | |
| 2010-03-24 | Added as Co-Sponsor Sen. Dan Kotowski | |
| 2010-03-24 | Added as Co-Sponsor Sen. Michael W. Frerichs | |
| 2010-03-24 | Added as Chief Co-Sponsor Sen. Toi W. Hutchinson | |
| 2010-03-24 | Added as Chief Co-Sponsor Sen. Michael Bond | |
| 2010-03-24 | Added as Chief Co-Sponsor Sen. Linda Holmes | |
| 2010-03-24 | Added as Chief Co-Sponsor Sen. Deanna Demuzio | |
| 2010-03-24 | House Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive | |
| 2010-03-24 | House Committee Amendment No. 1 Motion to Concur Referred to Assignments | |
| 2010-03-24 | House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Michael Noland | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Franco Coladipietro | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Sandy Cole | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Renée Kosel | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. John D. Cavaletto | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Rosemary Mulligan | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Patricia R. Bellock | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Sidney H. Mathias | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Rich Brauer | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Dennis M. Reboletti | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Sandra M. Pihos | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Michael G. Connelly | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Kay Hatcher | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Darlene J. Senger | |
| 2010-03-24 | Placed on Calendar Order of Concurrence House Amendment(s) 1 - March 25, 2010 | |
| 2010-03-24 | Secretary's Desk - Concurrence House Amendment(s) 1 | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Linda Chapa LaVia | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Jack D. Franks | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. John D'Amico | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Luis Arroyo | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Paul D. Froehlich | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Cynthia Soto | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Maria Antonia Berrios | |
| 2010-03-24 | Added Alternate Co-Sponsor Rep. Lou Lang | |
| 2010-03-24 | Third Reading - Short Debate - Passed 117-000-000 | |
| 2010-03-24 | Placed on Calendar Order of 3rd Reading - Short Debate | |
| 2010-03-23 | Added Alternate Co-Sponsor Rep. Karen May | |
| 2010-03-23 | Added Alternate Co-Sponsor Rep. LaShawn K. Ford | |
| 2010-03-23 | Added Alternate Co-Sponsor Rep. Lisa M. Dugan | |
| 2010-03-22 | Held on Calendar Order of Second Reading - Short Debate | |
| 2010-03-22 | Second Reading - Short Debate | |
| 2010-03-19 | Added Alternate Co-Sponsor Rep. Monique D. Davis | |
| 2010-03-19 | Added Alternate Co-Sponsor Rep. Deborah Mell | |
| 2010-03-19 | Added Alternate Co-Sponsor Rep. Joseph M. Lyons | |
| 2010-03-19 | Added Alternate Co-Sponsor Rep. Fred Crespo | |
| 2010-03-19 | Added Alternate Co-Sponsor Rep. Jehan A. Gordon | |
| 2010-03-19 | Added Alternate Co-Sponsor Rep. Emily McAsey | |
| 2010-03-19 | Added Alternate Co-Sponsor Rep. Mark L. Walker | |
| 2010-03-19 | Added Alternate Chief Co-Sponsor Rep. Carol A. Sente | |
| 2010-03-19 | Added Alternate Chief Co-Sponsor Rep. Keith Farnham | |
| 2010-03-19 | Added Alternate Chief Co-Sponsor Rep. Michael K. Smith | |
| 2010-03-18 | Added Alternate Co-Sponsor Rep. Charles E. Jefferson | |
| 2010-03-18 | Added Alternate Co-Sponsor Rep. Eddie Washington | |
| 2010-03-18 | Chief Sponsor Changed to Sen. Michael Noland | |
| 2010-03-18 | Placed on Calendar 2nd Reading - Short Debate | |
| 2010-03-18 | Do Pass as Amended / Short Debate Revenue & Finance Committee; 012-000-000 | |
| 2010-03-18 | House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote | |
| 2010-03-18 | House Committee Amendment No. 1 Filed with Clerk by Revenue & Finance Committee | |
| 2010-03-17 | Added Alternate Chief Co-Sponsor Rep. Robert F. Flider | |
| 2010-03-12 | Assigned to Revenue & Finance Committee | |
| 2010-03-12 | Alternate Chief Sponsor Changed to Rep. Michael J. Madigan | |
| 2009-05-31 | Rule 19(a) / Re-referred to Rules Committee | |
| 2009-05-29 | Final Action Deadline Extended-9(b) May 31, 2009 | |
| 2009-05-22 | Final Action Deadline Extended-9(b) May 29, 2009 | |
| 2009-05-08 | Committee/Final Action Deadline Extended-9(b) May 22, 2009 | |
| 2009-04-22 | Alternate Chief Sponsor Changed to Rep. James D. Brosnahan | |
| 2009-04-20 | Assigned to Executive Committee | |
| 2009-04-06 | Referred to Rules Committee | |
| 2009-04-06 | First Reading | |
| 2009-04-03 | Chief House Sponsor Rep. Robert W. Pritchard | |
| 2009-04-03 | Placed on Calendar Order of First Reading | |
| 2009-04-03 | Arrived in House | |
| 2009-04-02 | Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a) | |
| 2009-04-02 | Third Reading - Passed; 055-000-000 | |
| 2009-03-31 | Placed on Calendar Order of 3rd Reading April 1, 2009 | |
| 2009-03-31 | Senate Floor Amendment No. 2 Adopted; Wilhelmi | |
| 2009-03-31 | Second Reading | |
| 2009-03-31 | Senate Floor Amendment No. 2 Recommend Do Adopt Judiciary; 007-000-000 | |
| 2009-03-30 | Senate Floor Amendment No. 2 Assignments Refers to Judiciary | |
| 2009-03-25 | Senate Floor Amendment No. 2 Referred to Assignments | |
| 2009-03-25 | Senate Floor Amendment No. 2 Filed with Secretary by Sen. A. J. Wilhelmi | |
| 2009-03-25 | Senate Floor Amendment No. 1 Referred to Assignments | |
| 2009-03-25 | Senate Floor Amendment No. 1 Filed with Secretary by Sen. A. J. Wilhelmi | |
| 2009-03-11 | Placed on Calendar Order of 2nd Reading March 12, 2009 | |
| 2009-03-11 | Do Pass Judiciary; 008-000-000 | |
| 2009-03-05 | Postponed - Judiciary | |
| 2009-02-25 | Assigned to Judiciary | |
| 2009-02-19 | Referred to Assignments | |
| 2009-02-19 | First Reading | |
| 2009-02-19 | Filed with Secretary by Sen. A. J. Wilhelmi |
