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SB 1674 Illinois Senate · 95th Regular Session

FINAN REG-LOAN ORIGINATORS-CE

Summary
Amends the Residential Mortgage License Act of 1987. Provides that the Department of Financial and Professional Regulation shall adopt rules as to the required yearly continuing education of loan originators. Provides that the Secretary of Financial and Professional Regulation shall approve all continuing education courses and the providers of continuing education courses. Provides that all continuing education courses and the providers of continuing education courses shall be subject to a review by a panel appointed by the Secretary. Specifies the number of members on the review panel. Provides that the Secretary shall consider the recommendations of the review panel prior to approving or disapproving continuing education courses or the providers of continuing education courses.
Bill status failed 4 of 5 stages cleared
Introduction
Mar 2007
Committee Review
Dec 2007
Senate Passage
Mar 2007
House Passage
May 2007
Governor
Introduced Mar 21, 2007 Last action Jan 13, 2009
Floor votes · Senate Mar 21, 2007 · House May 30, 2007

How they voted

47–0
Passed
Total votes 47
Mar 21, 2007
D Democratic29
29 Yea
100% Yea
R Republican18
18 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
80
Key actions
9
Committee
14
Amendments
7
Dec 3, 2007
Committee
Pursuant to Senate Rule 3-9(b) / Referred to Rules
upper
May 31, 2007
Committee
House Floor Amendment No. 3 Motion to Concur Referred to Rules
upper
May 31, 2007
Committee
House Committee Amendment No. 1 Motion to Concur Referred to Rules
upper
May 31, 2007
Introduced
Placed on Calendar Order of Concurrence House Amendment(s) 01,03 - June 1, 2007
upper
May 31, 2007
Introduced
Secretary's Desk - Concurrence House Amendment(s) 01,03
upper
May 30, 2007
Introduced
Note / Motion Filed - Note Act Does Not Apply Rep. Joseph M. Lyons
lower
May 30, 2007
Lower · Passed
House Floor Amendment No. 3 Adopted by Voice Vote
lower
May 30, 2007
Lower · Passed
House Floor Amendment No. 3 Recommends Be Adopted Rules Committee; 003-001-000
lower
May 30, 2007
Committee
House Floor Amendment No. 3 Referred to Rules Committee
lower
May 30, 2007
Introduced
House Floor Amendment No. 3 Filed with Clerk by Rep. Joseph M. Lyons
lower
May 30, 2007
Lower · Passed
House Floor Amendment No. 2 Recommends Be Adopted Financial Institutions Committee; 015-000-000
lower
May 30, 2007
Lower · Passed
House Floor Amendment No. 2 Rules Refers to Financial Institutions Committee
lower
May 30, 2007
House · Passed
House Vote: pass (45-47-4)
house
May 29, 2007
Committee
House Floor Amendment No. 2 Referred to Rules Committee
lower
May 29, 2007
Introduced
House Floor Amendment No. 2 Filed with Clerk by Rep. Joseph M. Lyons
lower
May 15, 2007
Lower · Passed
Do Pass as Amended / Short Debate Financial Institutions Committee; 020-000-000
lower
May 15, 2007
Lower · Passed
House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote
lower
May 15, 2007
Introduced
House Committee Amendment No. 1 Filed with Clerk by Financial Institutions Committee
lower
Apr 30, 2007
Committee
Assigned to Financial Institutions Committee
lower
Mar 27, 2007
Committee
Referred to Rules Committee
lower
Mar 21, 2007
Introduced
Arrived in House
lower
Mar 21, 2007
Senate · Passed
Senate Vote: pass (47-0)
senate
Mar 15, 2007
Upper · Passed
Do Pass Financial Institutions; 009-000-000
upper
Feb 21, 2007
Committee
Assigned to Financial Institutions
upper
Feb 9, 2007
Committee
Referred to Rules
upper
0 primary · 2 co-sponsors

Sponsors

No sponsor information available.