REPEAL-LOAN DEFAULT ACT
HB 4687 repeals the Educational Loan Default Act, a law that previously governed how defaulted student loans were handled in Illinois. This bill removes the entire law from Illinois statutes, effective immediately upon enactment. It directly affects borrowers and lenders who would have been subject to the repealed law's provisions, eliminating its requirements and procedures. The change is purely procedural, with no new rules or obligations added.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2026
Committee Review
May 2026
House Passage
May 2026
Senate Passage
May 2026
Signed into Law
Jul 2026
Introduced Apr 15, 2026
Signed Jul 31, 2026
Maddy AI version diff · 2 comparisons
What changed between versions
Engrossed
→
Enrolled
·
1 edit
·
Jul 31, 2026
MINOR
The bill transitioned from its final legislative draft (Engrossed) to its official version ready for the Governor's signature (Enrolled). This change involves standard formatting updates and the addition of the final signature block, rather than any alterations to the bill's actual laws or policies.
TECHNICAL
The document title was updated from 'Engrossed' to 'Enrolled', indicating the bill has passed all legislative stages and is now the official final text.
Floor votes · Senate May 21, 2026 · House Apr 14, 2026
How they voted
57–1
Passed
Total votes 58
May 21, 2026
D
Democratic39
100% Yea
R
Republican19
94% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
31
Key actions
6
Committee
6
Jul 31, 2026
Signed into law
Governor Approved
lower
May 21, 2026
Lower · Passed
Passed Both Houses
lower
May 21, 2026
Upper · Passed
Third Reading - Passed; 058-001-000
upper
May 6, 2026
Upper · Passed
Do Pass State Government; 010-000-000
upper
Apr 28, 2026
Committee
Assigned to State Government
upper
Apr 15, 2026
Committee
Referred to Assignments
upper
Apr 15, 2026
Introduced
Arrive in Senate
upper
Apr 14, 2026
Lower · Passed
Third Reading - Short Debate - Passed 106-000-000
lower
Mar 25, 2026
Lower · Passed
Do Pass / Short Debate Higher Education Committee; 010-000-000
lower
Mar 18, 2026
Committee
Assigned to Higher Education Committee
lower
Feb 6, 2026
Committee
Referred to Rules Committee
lower
2 primary · 4 co-sponsors
Sponsors
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