Illinois 101st Regular Session Status: Passed Senate 3 D cosponsors

SB 3437 — MANUFACTURED HOMES-REFINANCING

Last action — Rule 2-10 Third Reading/Passage Deadline Established As May 31, 2020

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 101st Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Amends the Residential Real Property Disclosure Act. Provides that a lender, or agent of a lending company, when offering terms for a mortgage note for the purchase of a manufactured home, shall disclose: (1) any affiliation between the landlord and the lending company; (2) that the loan is a chattel loan; (3) that the terms of a chattel loan prohibit refinancing; and (4) any other reason that prohibits refinancing.

Bill Text

Action History

  1. Rule 2-10 Third Reading/Passage Deadline Established As May 31, 2020

  2. Rule 2-10 Third Reading Deadline Established As May 29, 2020

  3. Rule 2-10 Third Reading Deadline Established As May 22, 2020

  4. Rule 2-10 Third Reading Deadline Established As May 15, 2020

  5. Pursuant to Senate Rule 3-9(b) / Referred to Assignments

  6. Rule 2-10 Third Reading Deadline Established As May 7, 2020

  7. Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-8(b-1), this amendment will remain in the Committee on Assignments

  8. Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins

  9. Senate Floor Amendment No. 1 Referred to Assignments

  10. Senate Floor Amendment No. 1 Filed with Secretary by Sen. Laura M. Murphy

  11. Placed on Calendar Order of 2nd Reading March 5, 2020

  12. Do Pass Judiciary; 009-000-000

  13. Added as Co-Sponsor Sen. Cristina Castro

  14. Added as Co-Sponsor Sen. Melinda Bush

  15. Assigned to Judiciary

  16. Referred to Assignments

  17. First Reading

  18. Filed with Secretary by Sen. Laura M. Murphy

Sponsors

Sponsorship breakdown

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0 sponsors · 4 co-sponsors · 179 not signed on

Sponsors (0)

None.

Co-sponsors (4)

Not signed on (179)

179 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

housing
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 3437 do?
Amends the Residential Real Property Disclosure Act. Provides that a lender, or agent of a lending company, when offering terms for a mortgage note for the purchase of a manufactured home, shall disclose: (1) any affiliation between the landlord and the lending company; (2) that the loan is a chattel loan; (3) that the terms of a chattel loan prohibit refinancing; and (4) any other reason that prohibits refinancing.
Who sponsors SB 3437?
SB 3437 is sponsored by Laura M. Murphy (Democrat), Melinda Bush, Cristina Castro (Democrat), and Lakesia Collins (Democrat).
What is the current status of SB 3437?
This bill died with 101st Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 3437?
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Last checked for changes 3 months ago · updated continuously

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