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SB 3287 Illinois Senate · 96th Regular Session

HI RISK HOME LOAN-REVERSE MORT

Summary
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).
Bill status failed 3 of 5 stages cleared
Introduction
Mar 2010
Committee Review
Mar 2010
Senate Passage
Mar 2010
House Passage
Governor
Introduced Mar 11, 2010 Last action Jan 12, 2011
Floor votes · Senate Mar 10, 2010

How they voted

44–0
Passed · 5 other
Total votes 49
Mar 10, 2010
D Democratic30
28 Yea 2
93% Yea
R Republican19
16 Yea 3
84% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
34
Key actions
2
Committee
4
Mar 11, 2010
Committee
Referred to Rules Committee
lower
Mar 11, 2010
Introduced
Arrived in House
lower
Mar 10, 2010
Senate · Passed
Senate Vote: pass (44-0-5)
senate
Mar 3, 2010
Upper · Passed
Do Pass Financial Institutions; 010-001-000
upper
Feb 24, 2010
Committee
Assigned to Financial Institutions
upper
Feb 9, 2010
Committee
Referred to Assignments
upper
0 primary · 15 co-sponsors

Sponsors

No sponsor information available.