---
type: "Bill"
title: "RESIDENTIAL MORTGAGE LICENSE"
description: "Amends the Residential Mortgage License Act of 1987. Provides that a mortgage loan brokered, funded, originated, serviced, or purchased by a party who is not licensed shall not be held to be invalid solely on the basis of specified violations of the Act. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "99th"
identifier: "HB 2814"
citation: "Illinois HB 2814 (99th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 27
vote_count: 2
first_action: "2015-02-20"
last_action: "2015-07-23"
source: "openstates"
source_identifier: "ocd-bill/b39bfb28-13ef-4f95-aeca-5c120b795a30"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2814&GAID=13&DocTypeID=HB&LegId=88851&SessionID=88&GA=99"
source_hash: "a6d8c33fcba29703dd0d3435207c26c70606a0809b2e7fa2c5108a23ad78b958"
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 2814 (99th) — RESIDENTIAL MORTGAGE LICENSE

Amends the Residential Mortgage License Act of 1987. Provides that a mortgage loan brokered, funded, originated, serviced, or purchased by a party who is not licensed shall not be held to be invalid solely on the basis of specified violations of the 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=09900HB2814&GA=99&SessionId=88&DocTypeId=HB&LegID=88851&DocNum=2814&GAID=13&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900HB2814eng&GA=99&SessionId=88&DocTypeId=HB&LegID=88851&DocNum=2814&GAID=13&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900HB2814enr&GA=99&SessionId=88&DocTypeId=HB&LegID=88851&DocNum=2814&GAID=13&Session=&print=true)

## Votes

- Third Reading — **113–0** (pass) · lower
- Third Reading — **55–1** (pass) · upper

## Sponsors

- Elaine Nekritz — primary (person)

## Timeline

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

- **2015-02-20** Filed with the Clerk by Rep. Elaine Nekritz `filing`
- **2015-02-20** First Reading `reading-1`
- **2015-02-20** Referred to Rules Committee `referral-committee`
- **2015-03-02** Assigned to Financial Institutions Committee `referral-committee`
- **2015-03-05** Added Co-Sponsor Rep. Linda Chapa LaVia
- **2015-03-10** Do Pass / Short Debate Financial Institutions Committee; 023-000-000 `committee-passage`
- **2015-03-11** Placed on Calendar 2nd Reading - Short Debate
- **2015-03-11** Added Co-Sponsor Rep. Silvana Tabares
- **2015-03-12** Second Reading - Short Debate `reading-2`
- **2015-03-12** Placed on Calendar Order of 3rd Reading - Short Debate
- **2015-03-17** Third Reading - Short Debate - Passed 113-000-000 `reading-3, passage`
- **2015-03-18** Arrive in Senate `introduction`
- **2015-03-18** Placed on Calendar Order of First Reading `reading-1`
- **2015-03-18** Chief Senate Sponsor Sen. Don Harmon
- **2015-03-18** First Reading `reading-1`
- **2015-03-18** Referred to Assignments `referral-committee`
- **2015-04-08** Assigned to Financial Institutions `referral-committee`
- **2015-04-29** Do Pass Financial Institutions; 009-000-000 `committee-passage`
- **2015-04-29** Placed on Calendar Order of 2nd Reading April 30, 2015
- **2015-05-18** Second Reading `reading-2`
- **2015-05-18** Placed on Calendar Order of 3rd Reading May 19, 2015
- **2015-05-19** Third Reading - Passed; 055-001-000 `reading-3, passage`
- **2015-05-19** Passed Both Houses
- **2015-06-17** Sent to the Governor `executive-receipt`
- **2015-07-23** Governor Approved `executive-signature`
- **2015-07-23** Effective Date July 23, 2015
- **2015-07-23** Public Act . . . . . . . . . 99-0113 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b39bfb28-13ef-4f95-aeca-5c120b795a30`. Confidence: reported (aggregated from official Illinois legislature records).