IHDA-FORECLOSURE COUNSELING
Summary
Amends the Illinois Housing Development Act. Provides that the Illinois Housing Development Authority shall establish and administer a foreclosure prevention counseling program and shall use moneys in the Foreclosure Prevention Counseling Fund and funds appropriated for that purpose to make grants to HUD-certified counseling agencies for home-ownership education and foreclosure prevention counseling. Amends the State Finance Act. Creates the Foreclosure Prevention Counseling Fund and provides for allocation of moneys in the Fund. Provides for the payment of license fees of $3,700 annually, including the foreclosure prevention surcharge (instead of $2,700 annually). Amends the Residential Mortgage License Act of 1987. Provides that an application for a license or a license renewal on or after July 1, 2008, shall include payment of a foreclosure prevention surcharge of $1,000. Provides that the surcharge proceeds shall be deposited into the Foreclosure Prevention Counseling Fund. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2008
Committee Review
Floor Vote
Governor
Introduced Feb 15, 2008
Last action Jan 13, 2009
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
30
Key actions
0
Committee
7
Amendments
6
Jan 13, 2009
House · Failed
Session Sine Die
May 31, 2008
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
May 15, 2008
House · Amendment adopted
House Floor Amendment No. 3 Adopted by Voice Vote
May 13, 2008
House · Reported by committee
House Floor Amendment No. 3 Recommends Be Adopted Housing and Urban Development Committee; 008-000-000
May 12, 2008
House · Reported by committee
House Floor Amendment No. 3 Rules Refers to Housing and Urban Development Committee
Apr 30, 2008
House · Referred to committee
House Floor Amendment No. 3 Referred to Rules Committee
Apr 30, 2008
House · Amendment offered
House Floor Amendment No. 3 Filed with Clerk by Rep. Esther Golar
Mar 12, 2008
House · Reported by committee
Do Pass as Amended / Short Debate Housing and Urban Development Committee; 008-000-000
Mar 12, 2008
House · Amendment adopted
House Committee Amendment No. 2 Adopted in Housing and Urban Development Committee; by Voice Vote
Mar 12, 2008
House · Amendment adopted
House Committee Amendment No. 1 Adopted in Housing and Urban Development Committee; by Voice Vote
Mar 12, 2008
House · Amendment offered
House Committee Amendment No. 2 Filed with Clerk by Housing and Urban Development Committee
Mar 12, 2008
House · Amendment offered
House Committee Amendment No. 1 Filed with Clerk by Housing and Urban Development Committee
Feb 25, 2008
House · Referred to committee
Assigned to Housing and Urban Development Committee
Feb 15, 2008
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Esther Golar
DDemocratic
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