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SB 2615 Illinois Senate · 100th Regular Session

MORTGAGE LOAN ADVERTISEMENTS

Summary
Amends the Residential Mortgage License Act of 1987. Provides that mortgage loan advertisements must reference the Nationwide Multistate Licensing System and Registry's Consumer Access website, except where exempted by the Secretary of Financial and Professional Regulation. Provides that a licensee shall not advertise its services in Illinois in any media, whether print or electronic, without including its unique identifier. Replaces "Commissioner" with "Secretary" in order to update references to the Secretary of Financial and Professional Regulation. Makes other changes. Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Apr 2018
Committee Review
May 2018
Senate Passage
May 2018
House Passage
May 2018
Signed into Law
Aug 2018
Introduced Apr 17, 2018 Signed Aug 10, 2018
Floor votes · Senate Apr 17, 2018 · House May 21, 2018

How they voted

43–0
Passed · 5 other
Total votes 48
Apr 17, 2018
D Democratic28
25 Yea 3
89% Yea
R Republican20
18 Yea 2
90% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
26
Key actions
5
Committee
6
Aug 10, 2018
Signed into law
Governor Approved
upper
May 21, 2018
Upper · Passed
Passed Both Houses
upper
May 8, 2018
Lower · Passed
Do Pass / Short Debate Financial Institutions Committee; 012-000-000
lower
Apr 26, 2018
Committee
Assigned to Financial Institutions Committee
lower
Apr 17, 2018
Committee
Referred to Rules Committee
lower
Apr 17, 2018
Introduced
Arrived in House
lower
Apr 17, 2018
Senate · Passed
Senate Vote: pass (43-0-5)
senate
Feb 21, 2018
Upper · Passed
Do Pass Financial Institutions; 008-000-000
upper
Feb 14, 2018
Committee
Assigned to Financial Institutions
upper
Feb 7, 2018
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.