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<xml>
<title>Illinois General Assembly - Bill Status for HB 4030         </title>
<shortdesc>HI RISK HOME LOAN-REVERSE MORT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jonathan Carroll</sponsors>
</sponsor>
<lastaction>
<statusdate>2/18/2020</statusdate><chamber>House</chamber><action>Tabled</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>815 ILCS 137/10</reference><aliasreference></aliasreference><SynopsisText>     Amends the High Risk Home Loan Act. Provides that "high risk home loan" does not include a loan for reverse mortgage financing of residential real estate, including under programs regulated by the Federal Housing Administration (FHA).</SynopsisText></synopsis>
<actions>
<statusdate>1/7/2020</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jonathan Carroll</action>
<statusdate>1/8/2020</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/8/2020</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/31/2020</statusdate><chamber>House</chamber><action>Motion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Jonathan Carroll</action>
<statusdate>2/18/2020</statusdate><chamber>House</chamber><action>Motion Prevailed by Voice Vote</action>
<statusdate>2/18/2020</statusdate><chamber>House</chamber><action>Tabled</action>
</actions>
</xml>

