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HB 1335 Illinois House · 98th Regular Session

TITLE INS-SETTLEMENT FUNDS

Summary
Amends the Title Insurance Act to add an exception to the prohibition against a title insurance company, title insurance agent, or independent escrowee making disbursements in connection with any escrows, settlements, or closings out of a fiduciary trust account or accounts if the funds are good funds and the title insurance company, title insurance agent, or independent escrowee and the financial institution, as defined by the Act, are known to each other and agree to the use of these funds.
Bill status signed all 5 stages cleared
Introduction
Apr 2013
Committee Review
May 2013
House Passage
May 2013
Senate Passage
May 2013
Signed into Law
Aug 2013
Introduced Apr 11, 2013 Signed Aug 16, 2013
Floor votes · Senate May 24, 2013 · House May 30, 2013

How they voted

42–2
Passed · 3 other
Total votes 47
May 24, 2013
D Democratic30
27 Yea 3
90% Yea
R Republican17
15 Yea 2 Nay
88% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
54
Key actions
9
Committee
13
Amendments
9
Aug 16, 2013
Signed into law
Governor Approved
lower
May 30, 2013
Lower · Passed
Passed Both Houses
lower
May 30, 2013
Introduced
Senate Floor Amendment No. 1 House Concurs 114-001-002
lower
May 28, 2013
Lower · Passed
Senate Floor Amendment No. 1 Motion to Concur Recommends Be Adopted Financial Institutions Committee; 014-000-000
lower
May 28, 2013
Committee
Senate Floor Amendment No. 1 Motion to Concur Rules Referred to Financial Institutions Committee
lower
May 26, 2013
Committee
Senate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee
lower
May 26, 2013
Introduced
Senate Floor Amendment No. 1 Motion Filed Concur Rep. Ron Sandack
lower
May 24, 2013
Introduced
Placed on Calendar Order of Concurrence Senate Amendment(s) 1
lower
May 24, 2013
Introduced
Arrived in House
lower
May 24, 2013
Upper · Passed
Senate Floor Amendment No. 1 Adopted; Mulroe
upper
May 24, 2013
Introduced
Senate Floor Amendment No. 1 Be Approved for Consideration Assignments;
upper
May 24, 2013
Committee
Senate Floor Amendment No. 1 Re-referred to Assignments
upper
May 24, 2013
Senate · Passed
Senate Vote: pass (42-2-3)
senate
May 23, 2013
Introduced
Senate Floor Amendment No. 1 Assignments Refers to Insurance
upper
May 23, 2013
Committee
Senate Floor Amendment No. 1 Referred to Assignments
upper
May 23, 2013
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. John G. Mulroe
upper
May 7, 2013
Upper · Passed
Do Pass Insurance; 009-000-001
upper
Apr 23, 2013
Committee
Assigned to Insurance
upper
Apr 16, 2013
Committee
Referred to Assignments
upper
Apr 11, 2013
Introduced
Arrive in Senate
upper
Mar 14, 2013
Lower · Passed
Do Pass as Amended / Short Debate Financial Institutions Committee; 011-000-000
lower
Mar 14, 2013
Lower · Passed
House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote
lower
Mar 11, 2013
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Financial Institutions Committee
lower
Mar 7, 2013
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Mar 7, 2013
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Ron Sandack
lower
Feb 13, 2013
Committee
Assigned to Financial Institutions Committee
lower
Feb 6, 2013
Committee
Referred to Rules Committee
lower
0 primary · 8 co-sponsors

Sponsors

No sponsor information available.