Illinois 95th Regular Session Status: Passed Senate 1 D cosponsors

SB 2566 — IHDA-FORECLOSURE COUNSELING

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 95th 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 Illinois Housing Development Act. Provides that the Illinois Housing Development Authority shall establish and administer a foreclosure prevention counseling program and shall use moneys in the Foreclosure Prevention Counseling Fund and funds appropriated for that purpose to make grants to HUD-certified counseling agencies for home-ownership education and foreclosure prevention counseling. Amends the State Finance Act. Creates the Foreclosure Prevention Counseling Fund and provides for allocation of moneys in the Fund. Provides for the payment of license fees of $3,700 annually, including the foreclosure prevention surcharge (instead of $2,700 annually). Amends the Residential Mortgage License Act of 1987. Provides that an application for a license or a license renewal on or after July 1, 2008, shall include payment of a foreclosure prevention surcharge of $1,000. Provides that the surcharge proceeds shall be deposited into the Foreclosure Prevention Counseling Fund. Effective immediately.

Bill Text

What changed in the latest version

7 added · 38 removed

Plain-language change summary

The bill SB 2566 has been updated to lower the annual license fee for certain housing-related services from $3,700 to $2,700. Additionally, it has clarified that the funds collected from a foreclosure prevention surcharge will be directly used to support counseling programs for homeowners facing foreclosure. These changes are significant because they reduce the financial burden on service providers and ensure more resources are available for critical homeowner support services.

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*LRB09518702AJO44803b* SB2566 95TH GENERAL ASSEMBLY State of Illinois and 2008 SB2566 Introduced 2/15/2008, by Sen.
SB2566 Engrossed LRB095 18702 AJO 44803 b AN ACT concerning foreclosure.
Jacqueline Y.
Collins SYNOPSIS AS INTRODUCED:
ILCS 3805/7.30 new ILCS 105/5.708 new ILCS 105/6z-80 new ILCS 635/2-2 from Ch.
17, par.
2322-2 Amends the Illinois Housing Development Act.
Provides that the Illinois Housing Development Authority shall establish and administer a foreclosure prevention counseling program and shall use moneys in the Foreclosure Prevention Counseling Fund and funds appropriated for that purpose to make grants to HUD-certified counseling agencies for home-ownership education and foreclosure prevention counseling.
Amends the State Finance Act.
Creates the Foreclosure Prevention Counseling Fund and provides for allocation of moneys in the Fund.
Provides for the payment of license fees of $3,700 annually, including the foreclosure prevention surcharge (instead of $2,700 annually).
Amends the Residential Mortgage License Act of 1987.
Provides that an application for a license or a license renewal on or after July 1, 2008, shall include payment of a foreclosure prevention surcharge of $1,000.
Provides that the surcharge proceeds shall be deposited into the Foreclosure Prevention Counseling Fund.
Effective immediately.
LRB095 18702 AJO 44803 b FISCAL NOTE ACT MAY APPLY A BILL FOR SB2566 LRB095 18702 AJO 44803 b AN ACT concerning foreclosure.
(30 ILCS 105/6z-80 new) SB2566 - 2 - LRB095 18702 AJO 44803 b Sec.
(30 ILCS 105/6z-80 new) SB2566 Engrossed - 2 - LRB095 18702 AJO 44803 b Sec.
SB2566 - 3 - LRB095 18702 AJO 44803 b (a) The Commissioner shall issue a license upon completion of all of the following:
SB2566 Engrossed - 3 - LRB095 18702 AJO 44803 b (a) The Commissioner shall issue a license upon completion of all of the following:
(3) The payment, in certified funds, of investigation and application fees, the total of which shall be in an amount equal to $3,700 $2,700 annually, including the foreclosure prevention surcharge provided for in subsection (c) of this Section;
(3) The payment, in certified funds, of investigation and application fees, the total of which shall be in an amount equal to $3,200 $2,700 annually, including the foreclosure prevention surcharge provided for in subsection (c) of this Section;
(5) The filing of proof satisfactory to the Commissioner that the applicant, the members thereof if the applicant is a partnership or association, the members or managers thereof that retain any authority or responsibility under the operating agreement if the applicant is a limited liability company, or the officers SB2566 - 4 - LRB095 18702 AJO 44803 b thereof if the applicant is a corporation have 3 years experience preceding application in real estate finance.
(5) The filing of proof satisfactory to the Commissioner that the applicant, the members thereof if the applicant is a partnership or association, the members or managers thereof that retain any authority or responsibility under the operating agreement if the applicant is a limited liability company, or the officers SB2566 Engrossed - 4 - LRB095 18702 AJO 44803 b thereof if the applicant is a corporation have 3 years experience preceding application in real estate finance.
(6) An investigation of the averments required by Section 2-4, which investigation must allow the Commissioner to issue positive findings stating that the financial responsibility, experience, character, and general fitness of the license applicant and of the members thereof if the license applicant is a partnership or association, of the officers and directors thereof if the license applicant is a corporation, and of the managers and members that retain any authority or responsibility under the operating agreement if the license applicant is a limited liability company are such as to command the confidence of the community and to warrant belief that the business will be operated honestly, fairly and efficiently SB2566 - 5 - LRB095 18702 AJO 44803 b within the purpose of this Act.
(6) An investigation of the averments required by Section 2-4, which investigation must allow the Commissioner to issue positive findings stating that the financial responsibility, experience, character, and general fitness of the license applicant and of the members thereof if the license applicant is a partnership or association, of the officers and directors thereof if the license applicant is a corporation, and of the managers and members that retain any authority or responsibility under the operating agreement if the license applicant is a limited liability company are such as to command the confidence of the community and to warrant belief that the business will be operated honestly, fairly and efficiently SB2566 Engrossed - 5 - LRB095 18702 AJO 44803 b within the purpose of this Act.
(c) Any application for issuance or renewal of a license for a period beginning on or after July 1, 2008, shall include payment of a foreclosure prevention surcharge in the amount of $1,000.
(c) Any application for issuance or renewal of a license for a period beginning on or after July 1, 2008, shall include payment of a foreclosure prevention surcharge in the amount of $500.
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Action History

  1. Session Sine Die

  2. Pursuant to Senate Rule 3-9(b) / Referred to Rules

  3. House Committee Amendment No. 1 Motion to Non-Concur Filed with Secretary Sen. Jacqueline Y. Collins

  4. Placed on Calendar Order of Concurrence House Amendment(s) 01-May 31, 2008

  5. Secretary's Desk - Concurrence House Amendment(s) 01

  6. Third Reading - Short Debate - Passed 114-000-000

  7. Added Alternate Chief Co-Sponsor Rep. Deborah L. Graham

  8. Added Alternate Chief Co-Sponsor Rep. Karen A. Yarbrough

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

  10. Added Alternate Chief Co-Sponsor Rep. Esther Golar

  11. Placed on Calendar Order of 3rd Reading - Short Debate

  12. Second Reading - Short Debate

  13. Placed on Calendar 2nd Reading - Short Debate

  14. Do Pass as Amended / Short Debate Housing and Urban Development Committee; 007-000-000

  15. House Committee Amendment No. 1 Adopted in Housing and Urban Development Committee; by Voice Vote

  16. House Committee Amendment No. 1 Filed with Clerk by Housing and Urban Development Committee

  17. Final Action Deadline Extended-9(b) May 31, 2008

  18. Committee Deadline Extended-Rule 9(b) May 23, 2008

  19. Assigned to Housing and Urban Development Committee

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

  21. Referred to Rules Committee

  22. First Reading

  23. Chief House Sponsor Rep. Kevin Joyce

  24. Placed on Calendar Order of First Reading

  25. Arrived in House

  26. Third Reading - Passed; 033-021-001

  27. Added as Chief Co-Sponsor Sen. Kimberly A. Lightford

  28. Added as Chief Co-Sponsor Sen. Kwame Raoul

  29. Placed on Calendar Order of 3rd Reading April 2, 2008

  30. Second Reading

  31. Placed on Calendar Order of 2nd Reading April 1, 2008

  32. Do Pass as Amended Housing and Community Affairs; 006-001-000

  33. Held in Housing and Community Affairs

  34. Senate Committee Amendment No. 1 Adopted

  35. Senate Committee Amendment No. 1 Rules Refers to Housing and Community Affairs

  36. Senate Committee Amendment No. 1 Referred to Rules

  37. Senate Committee Amendment No. 1 Filed with Secretary by Sen. Jacqueline Y. Collins

  38. Assigned to Housing and Community Affairs

  39. Referred to Rules

  40. First Reading

  41. Filed with Secretary by Sen. Jacqueline Y. Collins

Sponsors

Sponsorship breakdown

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0 sponsors · 1 co-sponsors · 182 not signed on · 2 voted No

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 114 Yea · 0 Nay · 4 Other
Party YeaNayPresentNot Voting
Democrat 8001
Unaffiliated 102003
Republican 4000
Total 114004
% of votes cast 97%0%0%3%
How each member voted (118)
Member Party Vote
Jefferies — Yea
Jefferson — Yea
Krause — Yea
Lang — Yea
Leitch — Yea
Lindner — Yea
May — Yea
McAuliffe — Yea
McCarthy — Yea
Mendoza — Yea
Meyer — Yea
Reitz — Yea
Schock — Yea
Scully — Yea
Lyons — Yea
McGuire — Yea
Bradley, John — Yea
Bradley, Richard — Yea
Dugan — Yea
Dunkin — Yea
Dunn — Yea
Durkin — Yea
Eddy — Yea
Flider — Yea
Flowers — Yea
Fortner — Yea
Franks — Yea
Fritchey — Yea
Froehlich — Yea
Brady — Yea
Mitchell, Bill — Yea
Madigan — Yea
Mitchell, Jerry — Yea
Moffitt — Yea
Molaro — Yea
Burke — Yea
Sullivan — Yea
Munson — Yea
Myers — Yea
Hannig — Yea
Nekritz — Yea
Harris — Yea
Osterman — Not Voting
Patterson — Yea
Hernandez — Yea
Pihos — Yea
Sommer — Yea
Soto — Yea
Howard — Yea
Tryon — Yea
Turner — Yea
Verschoore — Yea
Wait — Yea
Davis, Monique — Yea
Washington — Yea
Watson — Not Voting
Yarbrough — Yea
Younge — Yea
Coladipietro — Yea
Cole — Yea
Cross — Yea
Cultra — Yea
Currie — Yea
D'Amico — Yea
Golar — Yea
Graham — Yea
Granberg — Yea
Hamos — Yea
Hassert — Yea
Holbrook — Yea
Jakobsson — Yea
Kosel — Yea
Osmond — Yea
Phelps — Yea
Poe — Yea
Pritchard — Yea
Ramey — Yea
Reboletti — Yea
Reis — Yea
Riley — Yea
Ryg — Yea
Sacia — Yea
Saviano — Yea
Schmitz — Yea
Winters — Yea
Acevedo — Yea
Arroyo — Yea
Bassi — Yea
Beaubien — Yea
Beiser — Yea
Bellock — Yea
Mathias — Yea
Berrios — Yea
Mautino — Yea
Biggins — Yea
Black — Yea
Boland — Yea
Bost — Yea
Brauer — Yea
Brosnahan — Not Voting
Colvin — Yea
Coulson — Yea
Mulligan — Yea
Gordon — Yea
Chapa LaVia — Yea
Fred Crespo Democrat Yea
Jay Hoffman Democrat Yea
La Shawn K. Ford Democrat Yea
Lakesia Collins Democrat Yea
Nicholas K. Smith Democrat Yea
Patrick J. Joyce Democrat Yea
Robert "Bob" Rita Democrat Yea
Sara Feigenholtz Democrat Yea
William "Will" Davis Democrat Not Voting
Brad Stephens Republican Yea
Chapin Rose Republican Yea
Chris Miller Republican Yea
Jil Tracy Republican Yea

Official roll call →

Third Reading

Passed 33 Yea · 21 Nay · 5 Other
Party YeaNayPresentNot Voting
Unaffiliated 251905
Democrat 8100
Republican 0100
Total 332105
% of votes cast 56%36%0%8%
How each member voted (59)
Member Party Vote
Haine — Yea
Halvorson — Yea
Link — Yea
Garrett — Yea
Kotowski — Yea
Lauzen — Nay
Luechtefeld — Nay
Sullivan — Yea
Meeks — Yea
Millner — Nay
Cullerton — Yea
Noland — Yea
Demuzio — Yea
Peterson — Nay
Brady — Nay
Schoenberg — Yea
Watson — Nay
Jacobs — Nay
Silverstein — Yea
Jones, J. — Nay
Steans — Yea
Munoz — Not Voting
Trotter — Not Voting
Viverito — Yea
Wilhelmi — Yea
Clayborne — Yea
Cronin — Nay
Crotty — Yea
Dahl — Nay
DeLeo — Yea
Dillard — Not Voting
Hendon — Not Voting
Hultgren — Not Voting
Pankau — Nay
Radogno — Nay
Raoul — Yea
Righter — Nay
Risinger — Nay
Rutherford — Nay
Sandoval — Yea
Maloney — Yea
Althoff — Nay
Martinez — Yea
Bivins — Nay
Bomke — Nay
Bond — Yea
Burzynski — Nay
Forby — Yea
Frerichs — Yea
David Koehler Democrat Yea
Don Harmon Democrat Yea
Emil Jones, III Democrat Yea
Eva-Dina Delgado Democrat Yea
Kimberly A. Lightford Democrat Yea
Lakesia Collins Democrat Yea
Laura M. Murphy Democrat Nay
Linda Holmes Democrat Yea
Mattie Hunter Democrat Yea
Dave Syverson Republican Nay

Official roll call →

Subjects

housing labor
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Frequently asked questions

What does SB 2566 do?
Amends the Illinois Housing Development Act. Provides that the Illinois Housing Development Authority shall establish and administer a foreclosure prevention counseling program and shall use moneys in the Foreclosure Prevention Counseling Fund and funds appropriated for that purpose to make grants to HUD-certified counseling agencies for home-ownership education and foreclosure prevention counseling. Amends the State Finance Act. Creates the Foreclosure Prevention Counseling Fund and provides for allocation of moneys in the Fund. Provides for the payment of license fees of $3,700 annually, including the foreclosure prevention surcharge (instead of $2,700 annually). Amends the Residential Mortgage License Act of 1987. Provides that an application for a license or a license renewal on or after July 1, 2008, shall include payment of a foreclosure prevention surcharge of $1,000. Provides that the surcharge proceeds shall be deposited into the Foreclosure Prevention Counseling Fund. Effective immediately.
Who sponsors SB 2566?
SB 2566 is sponsored by Lakesia Collins (Democrat).
What is the current status of SB 2566?
This bill died with 95th 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 2566?
Track SB 2566 free on One Click Politics — get push/email alerts when it moves.

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