Amends the Illinois Public Labor Relations Act. Makes a technical change in a Section concerning the short title.
Amends the Swimming Pool Safety Act. Makes a technical change in a Section concerning the use of a life jacket.
Commemorates the 125th anniversary of the ordination of Father Augustus Tolton on April 24, 2011, as the first African-American priest in the United States and commends his unyielding commitment and ministry to African-American Catholics in Quincy, Chicago and across the nation.
Amends the Code of Civil Procedure. Provides that a foreclosure complaint shall include a copy of all documents that demonstrate the capacity (instead of a statement of the capacity) in which the plaintiff brings the foreclosure (such as legal holder of the indebtedness, pledgee, agent, trustee under a trust deed, or otherwise). Provides that at a foreclosure trial, an allegation of fact that is not denied (instead of not denied or if the party has no knowledge to form a belief as to the truth of the allegation) must be proved by a verified complaint or separate affidavit. Provides that a foreclosure judgment shall include: tangible evidence of the indebtedness, who holds the indebtedness and, if the plaintiff is not the original mortgagee, specific findings of fact concerning the plaintiff's capacity to bring the foreclosure action and a determination of whether this capacity legally entitles the plaintiff to bring the action. Effective immediately.
Amends the Code of Civil Procedure. Makes a technical change in a Section regarding the short title of the Article concerning mortgage foreclosures.
Amends the Residential Mortgage License Act of 1987, the High Risk Home Loan Act, and the Interest Act. Limits the imposition of prepayment penalties in connection with high risk home loans. Limits the size of balloon payments in connection with high risk home loans. Limits the imposition of late fees. Effective January 1, 2013.
Amends the Swimming Pool Safety Act. Makes a technical change in a Section concerning the use of a life jacket.
Amends the Savings Bank Act. Makes a technical change in a Section concerning registration of savings bank holding companies.
Amends the Illinois Income Tax Act. For taxable years ending on or after December 31, 2009, creates a deduction for financial organizations in an amount equal to the amount included in the organization's adjusted gross income as interest income from a residential mortgage loan if the mortgagor is a person with at least a 50% ownership interest in a business located in an Enterprise Zone or a River Edge Redevelopment Zone. Provides that the financial organization must apply the Illinois income tax savings to the principal of the loan. Allows the organization to file amended returns. Effective immediately.
Amends the Savings Bank Act. Makes a technical change in a Section concerning rules and regulations of the Commissioner of Banks and Real Estate.
