--- type: "Bill" title: "REAL ESTATE LIC-ESCROW MONEYS" description: "Amends the Real Estate License Act of 2000. Provides for the transfer by a licensee under the Act to the Office of the State Treasurer of escrow moneys, prior to the consummation or termination of a transaction, at the end of a 6-month time period when, in the absence of the filing of any claim in a court of competent jurisdiction, the principals to the transaction have remained in a continuous and uninterrupted dispute during that 6-month period." jurisdiction: "us/states/il" legislature: "Illinois General Assembly" session: "95th" identifier: "HB 1361" citation: "Illinois HB 1361 (95th)" classification: ["bill"] subjects: [] status: "enacted" primary_sponsors: [] version_count: 3 action_count: 34 vote_count: 2 first_action: "2007-02-20" last_action: "2008-08-18" source: "openstates" source_identifier: "ocd-bill/f9d04f97-cd0e-424d-b335-0835ce8c57d1" source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=1361&GAID=9&DocTypeID=HB&LegId=30135&SessionID=51&GA=95" source_hash: "fc25a74b43cec765155a5b575c95171db71534d1fe402e0b63b02a1a753aa7c5" vintage: "2026-07-01" source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump" retrieved_at: "2026-07-06" confidence: "reported" tags: ["legislation", "bill", "us-il"] --- # Illinois HB 1361 (95th) — REAL ESTATE LIC-ESCROW MONEYS Amends the Real Estate License Act of 2000. Provides for the transfer by a licensee under the Act to the Office of the State Treasurer of escrow moneys, prior to the consummation or termination of a transaction, at the end of a 6-month time period when, in the absence of the filing of any claim in a court of competent jurisdiction, the principals to the transaction have remained in a continuous and uninterrupted dispute during that 6-month period. ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500HB1361&GA=95&SessionId=51&DocTypeId=HB&LegID=30135&DocNum=1361&GAID=9&Session=&print=true) 2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500HB1361eng&GA=95&SessionId=51&DocTypeId=HB&LegID=30135&DocNum=1361&GAID=9&Session=&print=true) 3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500HB1361enr&GA=95&SessionId=51&DocTypeId=HB&LegID=30135&DocNum=1361&GAID=9&Session=&print=true) ## Votes - Third Reading — **116–0** (pass) · lower - Third Reading — **55–0** (pass) · upper ## Sponsors - LaShawn K. Ford — primary (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2007-02-20** Filed with the Clerk by Rep. LaShawn K. Ford `filing` - **2007-02-21** First Reading `reading-1` - **2007-02-21** Referred to Rules Committee `referral-committee` - **2007-02-27** Assigned to Judiciary I - Civil Law Committee `referral-committee` - **2007-03-14** Do Pass / Short Debate Judiciary I - Civil Law Committee; 014-000-000 `committee-passage` - **2007-03-14** Placed on Calendar 2nd Reading - Short Debate - **2007-03-28** Second Reading - Short Debate `reading-2` - **2007-03-28** Placed on Calendar Order of 3rd Reading - Short Debate - **2007-04-17** Recalled to Second Reading - Short Debate `reading-2` - **2007-04-17** Held on Calendar Order of Second Reading - Short Debate `reading-2` - **2007-04-17** House Floor Amendment No. 1 Filed with Clerk by Rep. LaShawn K. Ford `amendment-introduction` - **2007-04-17** House Floor Amendment No. 1 Referred to Rules Committee `referral-committee` - **2007-04-23** House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-000-000 `committee-passage-favorable` - **2007-04-24** House Floor Amendment No. 1 Adopted by Voice Vote `amendment-passage` - **2007-04-24** Placed on Calendar Order of 3rd Reading - Short Debate - **2007-04-25** Third Reading - Short Debate - Passed 116-000-000 `reading-3, passage` - **2007-04-25** Added Chief Co-Sponsor Rep. Kenneth Dunkin - **2007-04-26** Arrive in Senate `introduction` - **2007-04-26** Placed on Calendar Order of First Reading May 1, 2007 `reading-1` - **2007-05-16** Chief Senate Sponsor Sen. Rickey R. Hendon - **2007-05-17** First Reading `reading-1` - **2007-05-17** Referred to Rules `referral-committee` - **2008-04-17** Assigned to Financial Institutions `referral-committee` - **2008-05-01** Do Pass Financial Institutions; 005-000-000 `committee-passage` - **2008-05-01** Placed on Calendar Order of 2nd Reading May 7, 2008 - **2008-05-20** Second Reading `reading-2` - **2008-05-20** Placed on Calendar Order of 3rd Reading May 21, 2008 - **2008-05-23** Added as Alternate Chief Co-Sponsor Sen. Mattie Hunter - **2008-05-23** Third Reading - Passed; 055-000-000 `reading-3, passage` - **2008-05-23** Passed Both Houses - **2008-06-20** Sent to the Governor `executive-receipt` - **2008-08-18** Governor Approved `executive-signature` - **2008-08-18** Effective Date January 1, 2009 - **2008-08-18** Public Act . . . . . . . . . 95-0851 `became-law` ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f9d04f97-cd0e-424d-b335-0835ce8c57d1`. Confidence: reported (aggregated from official Illinois legislature records).