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<xml>
<title>Illinois General Assembly - Bill Status for SB 2615         </title>
<shortdesc>MORTGAGE LOAN ADVERTISEMENTS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Pamela J. Althoff</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. C.D. Davidsmeyer)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/10/2018</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 100-0795;  
</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 635/3-3</reference><aliasreference>from Ch. 17, par. 2323-3</aliasreference><SynopsisText>Amends the Residential Mortgage License Act of 1987. Provides that mortgage loan advertisements must reference the Nationwide Multistate Licensing System and Registry's Consumer Access website, except where exempted by the Secretary of Financial and Professional Regulation. Provides that a licensee shall not advertise its services in Illinois in any media, whether print or electronic, without including its unique identifier. Replaces "Commissioner" with "Secretary" in order to update references to the Secretary of Financial and Professional Regulation. Makes other changes. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/7/2018</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Pamela J. Althoff</action>
<statusdate>2/7/2018</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/7/2018</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/7/2018</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. Pamela J. Althoff</action>
<statusdate>2/14/2018</statusdate><chamber>Senate</chamber><action>Assigned to Financial Institutions</action>
<statusdate>2/21/2018</statusdate><chamber>Senate</chamber><action>Do Pass Financial Institutions;  008-000-000</action>
<statusdate>2/21/2018</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading February 22, 2018</action>
<statusdate>3/1/2018</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/1/2018</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 13, 2018</action>
<statusdate>4/17/2018</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 052-000-000</action>
<statusdate>4/17/2018</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/17/2018</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. C.D. Davidsmeyer</action>
<statusdate>4/17/2018</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/17/2018</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/26/2018</statusdate><chamber>House</chamber><action>Assigned to Financial Institutions Committee</action>
<statusdate>5/8/2018</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Financial Institutions Committee;  012-000-000</action>
<statusdate>5/9/2018</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/16/2018</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/16/2018</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/21/2018</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 102-000-000</action>
<statusdate>5/21/2018</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>6/19/2018</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>8/10/2018</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>8/10/2018</statusdate><chamber>Senate</chamber><action>Effective Date August 10, 2018</action>
<statusdate>8/10/2018</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 100-0795;  
</action>
</actions>
</xml>

