--- type: "Bill" title: "BROKER MARKET ANALYSIS" description: "Amends the Real Estate License Act of 2000. In provisions regarding a statement that must be contained in a broker price opinion or comparative market analysis, provides that the broker price opinion or comparative market analysis was prepared by a licensed real estate broker or managing broker who was not acting as a State certified real estate appraiser (rather than a licensed real estate broker or managing broker, not by a State certified real estate appraiser). Effective immediately." jurisdiction: "us/states/il" legislature: "Illinois General Assembly" session: "101st" identifier: "HB 2961" citation: "Illinois HB 2961 (101st)" classification: ["bill"] subjects: [] status: "enacted" primary_sponsors: [] version_count: 3 action_count: 25 vote_count: 2 first_action: "2019-02-14" last_action: "2019-07-12" source: "openstates" source_identifier: "ocd-bill/2c596622-93e7-41b0-8ea9-0a845ebd0918" source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2961&GAID=15&DocTypeID=HB&LegId=119297&SessionID=108&GA=101" source_hash: "00b8e7988a3d00c208f5c7d611846a3fbde0ba9e90261549d00fe59eebbdc89f" 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 2961 (101st) — BROKER MARKET ANALYSIS Amends the Real Estate License Act of 2000. In provisions regarding a statement that must be contained in a broker price opinion or comparative market analysis, provides that the broker price opinion or comparative market analysis was prepared by a licensed real estate broker or managing broker who was not acting as a State certified real estate appraiser (rather than a licensed real estate broker or managing broker, not by a State certified real estate appraiser). 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=10100HB2961&GA=101&SessionId=108&DocTypeId=HB&LegID=119297&DocNum=2961&GAID=15&SpecSess=&Session=&print=true) 2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10100HB2961eng&GA=101&SessionId=108&DocTypeId=HB&LegID=119297&DocNum=2961&GAID=15&SpecSess=&Session=&print=true) 3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10100HB2961enr&GA=101&SessionId=108&DocTypeId=HB&LegID=119297&DocNum=2961&GAID=15&SpecSess=&Session=&print=true) ## Votes - Third Reading — **54–0** (pass) · upper - Third Reading — **112–0** (pass) · lower ## Sponsors - Bill Cunningham — primary (person) - Robert Rita — primary (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2019-02-14** Filed with the Clerk by Rep. Robert Rita `filing` - **2019-02-14** First Reading `reading-1` - **2019-02-14** Referred to Rules Committee `referral-committee` - **2019-02-26** Assigned to Labor & Commerce Committee `referral-committee` - **2019-03-27** Do Pass / Short Debate Labor & Commerce Committee; 026-000-000 `committee-passage` - **2019-03-29** Placed on Calendar 2nd Reading - Short Debate - **2019-04-09** Second Reading - Short Debate `reading-2` - **2019-04-09** Placed on Calendar Order of 3rd Reading - Short Debate - **2019-04-10** Third Reading - Short Debate - Passed 112-000-000 `reading-3, passage` - **2019-04-10** Arrive in Senate `introduction` - **2019-04-10** Placed on Calendar Order of First Reading April 11, 2019 `reading-1` - **2019-04-12** Chief Senate Sponsor Sen. Bill Cunningham - **2019-04-12** First Reading `reading-1` - **2019-04-12** Referred to Assignments `referral-committee` - **2019-04-24** Assigned to Financial Institutions `referral-committee` - **2019-05-01** Do Pass Financial Institutions; 008-000-000 `committee-passage` - **2019-05-01** Placed on Calendar Order of 2nd Reading May 2, 2019 - **2019-05-14** Second Reading `reading-2` - **2019-05-14** Placed on Calendar Order of 3rd Reading May 15, 2019 - **2019-05-17** Third Reading - Passed; 054-000-000 `reading-3, passage` - **2019-05-17** Passed Both Houses - **2019-06-14** Sent to the Governor `executive-receipt` - **2019-07-12** Governor Approved `executive-signature` - **2019-07-12** Effective Date July 12, 2019 - **2019-07-12** Public Act . . . . . . . . . 101-0071 `became-law` ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2c596622-93e7-41b0-8ea9-0a845ebd0918`. Confidence: reported (aggregated from official Illinois legislature records).