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SB 2981 Illinois Senate · 93rd Regular Session

HOMEOWNER MORTGAGE ASSISTANCE

Summary
Amends the Illinois Housing Development Act. Creates the Homeowner's Emergency Mortgage Assistance Program. Provides that the Illinois Housing Authority or not-for-profit corporations designated by the Authority may make payments on mortgages for single-family residences under certain circumstances. Sets the requirements for the application for mortgage assistance. Requires a mortgagor to make monthly payments to the Authority or designated agency when receiving mortgage assistance. Provides for the repayment of mortgage assistance by the mortgagor. Amends the State Finance Act to create the Emergency Mortgage Assistance Fund. Effective immediately.
Bill status failed 3 of 5 stages cleared
Introduction
Mar 2004
Committee Review
Mar 2004
Senate Passage
Mar 2004
House Passage
Governor
Introduced Mar 29, 2004 Last action Jan 11, 2005
Floor votes · Senate Mar 26, 2004

How they voted

40–10
Passed · 6 other
Total votes 56
Mar 26, 2004
D Democratic30
30 Yea
100% Yea
R Republican26
10 Yea 10 Nay 6
38% Nay
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
31
Key actions
4
Committee
7
Amendments
5
Mar 29, 2004
Committee
Referred to Rules Committee
lower
Mar 29, 2004
Introduced
Arrived in House
lower
Mar 26, 2004
Amended
Senate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a)
upper
Mar 26, 2004
Senate · Passed
Senate Vote: pass (40-10-6)
senate
Mar 24, 2004
Upper · Passed
Senate Floor Amendment No. 1 Adopted; Lightford
upper
Mar 24, 2004
Upper · Passed
Senate Floor Amendment No. 1 Be Adopted Financial Institutions; 008-000-000
upper
Mar 24, 2004
Introduced
Senate Floor Amendment No. 1 Rules Refers to Financial Institutions
upper
Mar 23, 2004
Committee
Senate Floor Amendment No. 2 Referred to Rules
upper
Mar 23, 2004
Introduced
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Kimberly A. Lightford
upper
Mar 23, 2004
Committee
Senate Floor Amendment No. 1 Referred to Rules
upper
Mar 23, 2004
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Kimberly A. Lightford
upper
Feb 26, 2004
Upper · Passed
Do Pass Financial Institutions; 006-003-000
upper
Feb 18, 2004
Committee
Assigned to Financial Institutions
upper
Feb 6, 2004
Committee
Referred to Rules
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.