Illinois 93rd Regular Session Status: Passed Senate 1 D cosponsors

SB 208 — TEACHER HOMEBUYER ASSISTANCE

Last action — Session Sine Die

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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 93rd 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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

Creates the Teacher Homebuyer Assistance Act. Requires the Illinois Housing Development Authority to establish and administer a program to provide down payment assistance to public school teachers who teach in low-performing challenge schools for purchasing residences within the school district. Provides that the assistance shall be in the form of a deferred payment, low-interest subordinate mortgage loan with a term not longer than the term of the first mortgage loan, with interest accruing at a rate of up to 5% per annum. Provides that if the borrower has continuously been a teacher for the 5-year period immediately following the date of recordation of the loan deed of trust, then repayment of the loan shall be forgiven and considered a grant. Provides that repayment of the principal and accrued interest is due and payable upon the occurrence of certain events.

Bill Text

What changed in the latest version

5 added · 5 removed

Plain-language change summary

The changes to Bill SB 208 involve the addition of some lines, while an equal number of lines were removed. This suggests that the bill underwent revisions to clarify or improve its content, possibly making it easier to understand or more effective in addressing its intended purpose. Such adjustments are important because they can enhance the bill's impact and ensure it serves the needs of the communities it aims to support.

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093_SB0208 LRB093 07450 NHT 07615 b AN ACT concerning teachers.
SB208 Engrossed LRB093 07450 NHT 07615 b AN ACT concerning teachers.
New teachers will need to be hired and retained to meet -2- LRB093 07450 NHT 07615 b the demand generated by increasing student enrollment in Illinois' public schools.
New teachers will need to be hired and retained to meet SB208 Engrossed -2- LRB093 07450 NHT 07615 b the demand generated by increasing student enrollment in Illinois' public schools.
The purpose of this program is to provide down payment assistance to teachers for purchasing residences within the jurisdiction in which they are -3- LRB093 07450 NHT 07615 b employed.
The purpose of this program is to provide down payment assistance to teachers for purchasing residences within the jurisdiction in which they are SB208 Engrossed -3- LRB093 07450 NHT 07615 b employed.
-4- LRB093 07450 NHT 07615 b (1) sale of the residence;
SB208 Engrossed -4- LRB093 07450 NHT 07615 b (1) sale of the residence;
(3) The residence financed under this Act must be continuously occupied by the borrower as his or her principal residence for at least 5 years following the -5- LRB093 07450 NHT 07615 b recordation of the deed of trust securing the subordinate mortgage loan.
(3) The residence financed under this Act must be continuously occupied by the borrower as his or her principal residence for at least 5 years following the SB208 Engrossed -5- LRB093 07450 NHT 07615 b recordation of the deed of trust securing the subordinate mortgage loan.
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Action History

  1. Session Sine Die

  2. Rule 19(a) / Re-referred to Rules Committee

  3. Added Alternate Chief Co-Sponsor Rep. Marlow H. Colvin

  4. Assigned to Executive Committee

  5. Alternate Chief Sponsor Changed to Rep. Mike Boland

  6. Referred to Rules Committee

  7. First Reading

  8. Chief House Sponsor Rep. Harry Osterman

  9. Placed on Calendar Order of First Reading

  10. Arrived in House

  11. Third Reading - Passed; 035-020-001

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

  13. Placed on Calendar Order of 3rd Reading March 18, 2003

  14. Second Reading

  15. Added as Co-Sponsor Sen. Martin A. Sandoval

  16. Fiscal Note Filed

  17. Added as Co-Sponsor Sen. Mattie Hunter

  18. Fiscal Note Requested by Sen. Dale E. Risinger

  19. Placed on Calendar Order of 2nd Reading February 26, 2003

  20. Do Pass State Government; 007-000-000

  21. Added as Chief Co-Sponsor Sen. Kirk W. Dillard

  22. Assigned to State Government

  23. Referred to Rules

  24. First Reading

  25. Filed with Secretary by Sen. Kimberly A. Lightford

Sponsors

Sponsorship breakdown

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0 sponsors · 1 co-sponsors · 182 not signed on

Sponsors (0)

None.

Co-sponsors (1)

Not signed on (182)

182 members have not signed on to this bill.

Show all 182 →

"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

Votes

Third Reading

Passed 35 Yea · 20 Nay · 4 Other
Party YeaNayPresentNot Voting
Unaffiliated 292002
Democrat 6001
Republican 0001
Total 352004
% of votes cast 59%34%0%7%
How each member voted (59)
Member Party Vote
Sandoval — Yea
Shadid — Yea
Sieben — Nay
Silverstein — Yea
Althoff — Nay
Martinez — Yea
Bomke — Not Voting
Burzynski — Nay
Garrett — Yea
Halvorson — Yea
Lauzen — Nay
Link — Yea
Munoz — Yea
Luechtefeld — Nay
Maloney — Yea
Meeks — Yea
Sullivan, J. — Yea
Obama — Yea
Jacobs — Yea
Cullerton — Yea
Philip — Not Voting
Demuzio — Yea
Schoenberg — Yea
Sullivan, D. — Nay
Brady — Nay
Petka — Nay
Trotter — Yea
Jones, J. — Nay
Viverito — Yea
Jones, W. — Nay
Watson — Nay
Winkel — Nay
Wojcik — Nay
Woolard — Yea
Clayborne — Yea
Cronin — Nay
Crotty — Yea
DeLeo — Yea
Dillard — Yea
Geo-Karis — Yea
Haine — Yea
Hendon — Yea
Peterson — Nay
Radogno — Yea
Rauschenberger — Nay
Righter — Nay
Risinger — Nay
Ronen — Yea
Roskam — Nay
Rutherford — Nay
del Valle — Yea
Don Harmon Democrat Yea
Emanuel "Chris" Welch Democrat Yea
Emil Jones, III Democrat Yea
Kimberly A. Lightford Democrat Yea
Lakesia Collins Democrat Yea
Lawrence "Larry" Walsh, Jr. Democrat Yea
Mattie Hunter Democrat Not Voting
Dave Syverson Republican Not Voting

Official roll call →

Subjects

housing education
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 208 do?
Creates the Teacher Homebuyer Assistance Act. Requires the Illinois Housing Development Authority to establish and administer a program to provide down payment assistance to public school teachers who teach in low-performing challenge schools for purchasing residences within the school district. Provides that the assistance shall be in the form of a deferred payment, low-interest subordinate mortgage loan with a term not longer than the term of the first mortgage loan, with interest accruing at a rate of up to 5% per annum. Provides that if the borrower has continuously been a teacher for the 5-year period immediately following the date of recordation of the loan deed of trust, then repayment of the loan shall be forgiven and considered a grant. Provides that repayment of the principal and accrued interest is due and payable upon the occurrence of certain events.
Who sponsors SB 208?
SB 208 is sponsored by Kimberly A. Lightford (Democrat).
What is the current status of SB 208?
This bill died with 93rd 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 208?
Track SB 208 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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