Sen. Jacqueline Y. Collins

Memorializes the death of Catherine Atwater Galbraith.

Creates the Mortgage Steering Act. Prohibits mortgage loan steering or other specified fee and loan practices, based upon (i) the borrower's credit history, (ii) the borrower's capacity to repay the loan, and (iii) the property on which the loan is secured, because of that borrower’s race, gender, age, disability, or national origin. Provides that the Attorney General shall enforce the Act and grants the Attorney General the additional listed enforcement powers. Provides for injunctive relief, restitution, and civil penalties for violations of the Act. Provides that a person who suffers actual damages as a result of a violation of the Act by a lender may bring an action against that lender and may be awarded actual economic damages or any other relief that the court deems proper. Provides that any waiver or modification of the rights, provisions, or remedies of the Act shall be void and unenforceable.

Amends the Illinois Library System Act. Increases the amount of certain grants from the State to public and school libraries. Effective immediately.

Amends the State Treasurer Act. Requires the Treasurer to post information on his or her official website concerning the investment of public funds. Sets forth the required information. Does not require posting of information that is exempt from inspection and copying under the Freedom of Information Act.

Amends the Criminal Code of 1961. Provides that the penalty for the offense of unlawful purchase of a firearm is a Class 2 felony (rather than a Class 4 felony) for the purchase or attempted purchase of one firearm, a Class 1 felony (rather than a Class 3 felony) for the purchase or attempted purchase of 2 to 5 firearms at the same time or within a one year period, and a Class X felony with a term of imprisonment of not less than 9 years and not more than 40 years for the purchase or attempted purchase of 6 or more firearms at the same time or within a 2 year period. Amends the Unified Code of Corrections. Provides that a person convicted of the offense of unlawful purchase of a firearm shall not receive a period of probation, a term of periodic imprisonment, or conditional discharge.

Amends the State Officials and Employees Ethics Act. Classifies community college districts as units of local government that must adopt resolutions regulating the political activities and the solicitation and acceptance of gifts by their officials and employees (now, classified as State agencies subject to the entire Act's regulation and enforcement by the Executive Ethics Commission and the Governor's Executive Inspector General). Effective immediately.

Amends the School Code. Adds homeownership, including the basic process of obtaining a mortgage and the concepts of fixed and adjustable rate mortgages, subprime loans, and predatory lending, as part of the financial literacy component of consumer education.

Amends the Uniform Disposition of Unclaimed Property Act. Provides that if a military decoration is delivered to the Treasurer as abandoned property, the Treasurer shall deliver the military decoration to the U.S. Department of Defense for proper disposition. Effective immediately.

Mourns the death of Lena Leo Miles.

Mourns the death of Debra Anne Jackson.