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It became law on Aug 27, 2021.

IL HB 2614 · House Bill · 102nd

Stage
Became law
Started in
House
Sponsors
9
Latest action
Aug 27, 2021

What it does

Amends the Home Equity Assurance Act. Makes a technical change in a Section concerning the short title. House Committee Amendment No. 1 Deletes reference to: 65 ILCS 95/1 Adds reference to: 65 ILCS 95/11 from Ch. 24, par. 1611 Replaces everything after the enacting clause. Amends the Home Equity Assurance Act. Provides that a governing commission, with no less than $4,000,000 in its guarantee fund, may, if authorized (i) by referendum approved by a majority of the voters or (ii) by resolution of the governing commission upon approval by two-thirds of the commissioners, establish a Delinquent Tax Repayment Loan Fund to provide low-interest emergency loans to eligible applicants. Includes…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Aug 27, 2021

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Illinois.

Work with this bill

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