---
type: "Bill"
title: "COLLATRAL PROT SERVICER COMPLY"
description: "Amends the Collateral Protection Act. Provides that a servicer subject to regulations issued by the Consumer Financial Protection Bureau under the Dodd-Frank Act that places hazard insurance in substantial compliance with those regulations shall be deemed in substantial compliance with this Act. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "98th"
identifier: "SB 3423"
citation: "Illinois SB 3423 (98th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 36
vote_count: 2
first_action: "2014-02-14"
last_action: "2014-08-26"
source: "openstates"
source_identifier: "ocd-bill/979029f2-94b5-44d3-b907-b25802579f48"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3423&GAID=12&DocTypeID=SB&LegId=80732&SessionID=85&GA=98"
source_hash: "72f3a3f51b324e70aa4d7ea1fb8ef4de3fd9c127732bc7e04d13ac4fce7da0c1"
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 SB 3423 (98th) — COLLATRAL PROT SERVICER COMPLY

Amends the Collateral Protection Act. Provides that a servicer subject to regulations issued by the Consumer Financial Protection Bureau under the Dodd-Frank Act that places hazard insurance in substantial compliance with those regulations shall be deemed in substantial compliance with this Act. Effective immediately.

## 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=09800SB3423&GA=98&SessionId=85&DocTypeId=SB&LegID=80732&DocNum=3423&GAID=12&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800SB3423eng&GA=98&SessionId=85&DocTypeId=SB&LegID=80732&DocNum=3423&GAID=12&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800SB3423enr&GA=98&SessionId=85&DocTypeId=SB&LegID=80732&DocNum=3423&GAID=12&Session=&print=true)

## Votes

- Third Reading — **55–0** (pass) · upper
- Third Reading — **111–0** (pass) · lower

## Sponsors

- Anthony DeLuca — cosponsor (person)
- John M. Sullivan — primary (person)
- Michael Unes — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2014-02-14** Filed with Secretary by Sen. John M. Sullivan `filing`
- **2014-02-14** First Reading `reading-1`
- **2014-02-14** Referred to Assignments `referral-committee`
- **2014-02-25** Added as Chief Co-Sponsor Sen. Don Harmon
- **2014-02-25** Assigned to Financial Institutions `referral-committee`
- **2014-03-05** Do Pass Financial Institutions; 006-000-000 `committee-passage`
- **2014-03-05** Placed on Calendar Order of 2nd Reading March 6, 2014
- **2014-03-20** Second Reading `reading-2`
- **2014-03-20** Placed on Calendar Order of 3rd Reading March 21, 2014
- **2014-04-09** Third Reading - Passed; 055-000-000 `reading-3, passage`
- **2014-04-09** Arrived in House `introduction`
- **2014-04-09** Chief House Sponsor Rep. André M. Thapedi
- **2014-04-09** First Reading `reading-1`
- **2014-04-09** Referred to Rules Committee `referral-committee`
- **2014-04-28** Added Alternate Co-Sponsor Rep. Ron Sandack
- **2014-04-28** Assigned to Insurance Committee `referral-committee`
- **2014-04-29** Added Alternate Chief Co-Sponsor Rep. Monique D. Davis
- **2014-04-29** Added Alternate Co-Sponsor Rep. Rich Brauer
- **2014-05-02** Alternate Co-Sponsor Removed Rep. Ron Sandack
- **2014-05-02** Alternate Co-Sponsor Removed Rep. Rich Brauer
- **2014-05-02** Added Alternate Chief Co-Sponsor Rep. Rich Brauer
- **2014-05-02** Added Alternate Chief Co-Sponsor Rep. Ron Sandack
- **2014-05-02** Added Alternate Chief Co-Sponsor Rep. Maria Antonia Berrios
- **2014-05-02** Added Alternate Co-Sponsor Rep. Michael Unes
- **2014-05-06** Added Alternate Co-Sponsor Rep. Anthony DeLuca
- **2014-05-06** Do Pass / Short Debate Insurance Committee; 023-000-000 `committee-passage`
- **2014-05-07** Placed on Calendar 2nd Reading - Short Debate
- **2014-05-15** Second Reading - Short Debate `reading-2`
- **2014-05-15** Placed on Calendar Order of 3rd Reading - Short Debate
- **2014-05-23** Final Action Deadline Extended-9(b) May 30, 2014
- **2014-05-30** Third Reading - Short Debate - Passed 111-000-001 `reading-3, passage`
- **2014-05-30** Passed Both Houses
- **2014-06-27** Sent to the Governor `executive-receipt`
- **2014-08-26** Governor Approved `executive-signature`
- **2014-08-26** Effective Date August 26, 2014
- **2014-08-26** Public Act . . . . . . . . . 98-1120 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/979029f2-94b5-44d3-b907-b25802579f48`. Confidence: reported (aggregated from official Illinois legislature records).