IL SB2730 | 2013-2014 | 98th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 4-0)
Status: Passed on August 26 2014 - 100% progression
Action: 2014-08-26 - Public Act . . . . . . . . . 98-1099
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Democrat 4-0)
Status: Passed on August 26 2014 - 100% progression
Action: 2014-08-26 - Public Act . . . . . . . . . 98-1099
Text: Latest bill text (Chaptered) [HTML]
Summary
Amends the Mortgage Foreclosure Article of the Code of Civil Procedure. Defines "omitted subordinate interest". Provides that certain persons holding real estate encumbered by an omitted subordinate interest may file a strict foreclosure complaint consisting substantially of certain specified information. Provides that subject to the objection of the defendant, the court shall enter a judgment extinguishing the omitted subordinate interest by vesting absolute title to the mortgaged real estate in the plaintiff. Provides procedures by which a holder of an omitted subordinate interest may redeem the interest. Provides that a person whose omitted subordinate interest was not terminated by a prior foreclosure action does not have a right to file a strict foreclosure action. Effective immediately.
Title
STRICT FORECLOSURE ACTIONS
Sponsors
Roll Calls
2014-05-30 - Senate - Concurrence in Senate (Y: 57 N: 0 NV: 2 Abs: 0) [PASS]
2014-05-29 - House - Third Reading in House (Y: 113 N: 0 NV: 2 Abs: 0) [PASS]
2014-03-04 - Senate - Third Reading in Senate (Y: 51 N: 0 NV: 8 Abs: 0) [PASS]
2014-05-29 - House - Third Reading in House (Y: 113 N: 0 NV: 2 Abs: 0) [PASS]
2014-03-04 - Senate - Third Reading in Senate (Y: 51 N: 0 NV: 8 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2014-08-26 | Senate | Public Act . . . . . . . . . 98-1099 |
2014-08-26 | Senate | Effective Date August 26, 2014 |
2014-08-26 | Senate | Governor Approved |
2014-06-27 | Senate | Sent to the Governor |
2014-05-30 | Senate | Passed Both Houses |
2014-05-30 | Senate | House Floor Amendment No. 2 Senate Concurs 057-000-000 |
2014-05-30 | Senate | House Committee Amendment No. 1 Senate Concurs 057-000-000 |
2014-05-30 | Senate | House Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments |
2014-05-30 | Senate | House Committee Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments |
2014-05-29 | Senate | House Floor Amendment No. 2 Motion to Concur Referred to Assignments |
2014-05-29 | Senate | House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. John G. Mulroe |
2014-05-29 | Senate | House Committee Amendment No. 1 Motion to Concur Referred to Assignments |
2014-05-29 | Senate | House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. John G. Mulroe |
2014-05-29 | Senate | Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 30, 2014 |
2014-05-29 | Senate | Secretary's Desk - Concurrence House Amendment(s) 1, 2 |
2014-05-29 | House | Third Reading - Short Debate - Passed 113-000-002 |
2014-05-28 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
2014-05-28 | House | House Floor Amendment No. 2 Adopted |
2014-05-23 | House | Final Action Deadline Extended-9(b) May 30, 2014 |
2014-05-22 | House | Held on Calendar Order of Second Reading - Short Debate |
2014-05-22 | House | Second Reading - Short Debate |
2014-05-22 | House | House Floor Amendment No. 2 Recommends Be Adopted Judiciary; 016-000-000 |
2014-05-21 | House | Added Alternate Chief Co-Sponsor Rep. Jay Hoffman |
2014-05-14 | House | House Floor Amendment No. 2 Rules Refers to Judiciary |
2014-05-13 | House | House Floor Amendment No. 2 Referred to Rules Committee |
2014-05-13 | House | House Floor Amendment No. 2 Filed with Clerk by Rep. Elaine Nekritz |
2014-04-30 | House | Placed on Calendar 2nd Reading - Short Debate |
2014-04-30 | House | Do Pass as Amended / Short Debate Judiciary; 015-000-000 |
2014-04-30 | House | House Committee Amendment No. 1 Adopted in Judiciary; by Voice Vote |
2014-04-29 | House | Added Alternate Chief Co-Sponsor Rep. Sam Yingling |
2014-04-28 | House | House Committee Amendment No. 1 Rules Refers to Judiciary |
2014-04-24 | House | House Committee Amendment No. 1 Referred to Rules Committee |
2014-04-24 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Elaine Nekritz |
2014-04-23 | House | Assigned to Judiciary |
2014-03-19 | House | Referred to Rules Committee |
2014-03-19 | House | First Reading |
2014-03-10 | House | Chief House Sponsor Rep. Elaine Nekritz |
2014-03-04 | House | Arrived in House |
2014-03-04 | Senate | Third Reading - Passed; 051-000-000 |
2014-02-20 | Senate | Placed on Calendar Order of 3rd Reading February 25, 2014 |
2014-02-20 | Senate | Second Reading |
2014-02-19 | Senate | Placed on Calendar Order of 2nd Reading February 20, 2014 |
2014-02-19 | Senate | Do Pass Judiciary; 012-000-000 |
2014-02-11 | Senate | Assigned to Judiciary |
2014-01-28 | Senate | Referred to Assignments |
2014-01-28 | Senate | First Reading |
2014-01-28 | Senate | Filed with Secretary by Sen. John G. Mulroe |