---
type: "Bill"
title: "HOME EQUITY ASSURANCE-LOANS"
description: "Amends the Home Equity Assurance Act. In provisions authoring a governing commission with no less than $4,000,000 in its guarantee fund to establish a Low Interest Home Improvement Loan Program, provides that the loan may be used for repair or maintenance of a guaranteed residence's water and sewer pipes and repair of a guaranteed residence, including, but not limited to, basement repairs, following flooding damage or other natural disaster damage to the property (rather than following flooding damage to the property). Provides that a commission may use loan funds to issue a grant or rebate for repairs, maintenance, remodeling, alteration, or improvement of a guaranteed residence for purposes of preventing or repairing damage as a result of a natural disaster, including, but not limited to, flooding."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "103rd"
identifier: "HB 4921"
citation: "Illinois HB 4921 (103rd)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Lindsey LaPointe", "Robert F. Martwick"]
version_count: 3
action_count: 38
vote_count: 4
first_action: "2024-02-07"
last_action: "2024-08-05"
source: "openstates"
source_identifier: "ocd-bill/e359e9a1-670b-4a22-b994-5f551ba4b8c1"
source_url: "https://beta.ilga.gov/Legislation/BillStatus?DocNum=4921&GAID=17&DocTypeID=HB&LegId=152798&SessionID=112"
source_hash: "f30b19fcc38040c0bf7cdee0e919e1fe98bd63d48aa01d3041389df0b1049fac"
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 4921 (103rd) — HOME EQUITY ASSURANCE-LOANS

Amends the Home Equity Assurance Act. In provisions authoring a governing commission with no less than $4,000,000 in its guarantee fund to establish a Low Interest Home Improvement Loan Program, provides that the loan may be used for repair or maintenance of a guaranteed residence's water and sewer pipes and repair of a guaranteed residence, including, but not limited to, basement repairs, following flooding damage or other natural disaster damage to the property (rather than following flooding damage to the property). Provides that a commission may use loan funds to issue a grant or rebate for repairs, maintenance, remodeling, alteration, or improvement of a guaranteed residence for purposes of preventing or repairing damage as a result of a natural disaster, including, but not limited to, flooding.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://beta.ilga.gov/documents/legislation/103/HB/PDF/10300HB4921.pdf)
2. **Engrossed** (committee substitute) — [source](https://beta.ilga.gov/documents/legislation/103/HB/PDF/10300HB4921eng.pdf)
3. **Enrolled** (enrolled) — [source](https://beta.ilga.gov/documents/legislation/103/HB/PDF/10300HB4921enr.pdf)

## Votes

- Housing — **12–5** (pass) · lower
- Third Reading — **40–15** (pass) · lower
- Judiciary — **9–0** (pass) · lower
- Third Reading — **73–38** (pass) · lower

## Sponsors

- Lindsey LaPointe — primary (person)
- Robert F. Martwick — primary (person)
- Aarón M. Ortíz — cosponsor (person)
- Adriane Johnson — cosponsor (person)
- Angelica Guerrero-Cuellar — cosponsor (person)
- Brad Stephens — cosponsor (person)
- Cristina Castro — cosponsor (person)
- Emil Jones and III — cosponsor (person)
- Eva-Dina Delgado — cosponsor (person)
- Lilian Jiménez — cosponsor (person)
- Mary Edly-Allen — cosponsor (person)
- Rachel Ventura — cosponsor (person)
- Sonya M. Harper — cosponsor (person)
- Theresa Mah — cosponsor (person)
- Will Guzzardi — cosponsor (person)

## Timeline

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

- **2024-02-07** Filed with the Clerk by Rep. Lindsey LaPointe `filing`
- **2024-02-07** First Reading `reading-1`
- **2024-02-07** Referred to Rules Committee
- **2024-03-05** Assigned to Housing `referral-committee`
- **2024-03-21** Added Chief Co-Sponsor Rep. Will Guzzardi
- **2024-03-21** Do Pass / Short Debate Housing; 012-005-000
- **2024-03-21** Placed on Calendar 2nd Reading - Short Debate `reading-2`
- **2024-04-11** Second Reading - Short Debate `reading-2`
- **2024-04-11** Placed on Calendar Order of 3rd Reading - Short Debate
- **2024-04-16** Added Co-Sponsor Rep. Theresa Mah
- **2024-04-16** Added Co-Sponsor Rep. Lilian Jiménez
- **2024-04-16** Added Co-Sponsor Rep. Sonya M. Harper
- **2024-04-16** Added Co-Sponsor Rep. Brad Stephens
- **2024-04-16** Added Chief Co-Sponsor Rep. Eva-Dina Delgado
- **2024-04-16** Added Chief Co-Sponsor Rep. Aarón M. Ortíz
- **2024-04-16** Added Chief Co-Sponsor Rep. Angelica Guerrero-Cuellar
- **2024-04-16** Third Reading - Short Debate - Passed 073-038-000 `passage, reading-3`
- **2024-04-17** Arrive in Senate `introduction`
- **2024-04-17** Placed on Calendar Order of First Reading `reading-1`
- **2024-04-17** Chief Senate Sponsor Sen. Robert F. Martwick
- **2024-04-17** First Reading `reading-1`
- **2024-04-17** Referred to Assignments
- **2024-04-24** Assigned to Judiciary `referral-committee`
- **2024-05-01** Do Pass Judiciary; 009-000-000
- **2024-05-01** Placed on Calendar Order of 2nd Reading May 2, 2024 `reading-2`
- **2024-05-02** Second Reading `reading-2`
- **2024-05-02** Placed on Calendar Order of 3rd Reading May 7, 2024
- **2024-05-15** Third Reading - Passed; 040-015-000 `passage, reading-3`
- **2024-05-15** Passed Both Houses
- **2024-05-24** Added as Alternate Co-Sponsor Sen. Cristina Castro
- **2024-05-24** Added as Alternate Co-Sponsor Sen. Rachel Ventura
- **2024-05-24** Added as Alternate Co-Sponsor Sen. Adriane Johnson
- **2024-05-24** Added as Alternate Co-Sponsor Sen. Mary Edly-Allen
- **2024-05-25** Added as Alternate Co-Sponsor Sen. Emil Jones, III
- **2024-06-13** Sent to the Governor `executive-receipt`
- **2024-08-02** Governor Approved `executive-signature`
- **2024-08-02** Effective Date January 1, 2025
- **2024-08-05** Public Act . . . . . . . . . 103-0737 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/e359e9a1-670b-4a22-b994-5f551ba4b8c1`. Confidence: reported (aggregated from official Illinois legislature records).