republic-os/legislation/us/states/il/101st/sb-138.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	CIV PRO-SHORT SALE RESALE	Amends the Mortgage Foreclosure Article of the Code of Civil Procedure in relation to short sales of property. Provides that, if an offer to purchase either a mortgage or residential property is made by an entity with a tax-exempt filing status under Section 501(c)(3) of the Internal Revenue Code for the purpose of reselling that mortgage or residential property to the mortgagor, and financing for the repurchase will be provided by a certified community development financial institution, an affidavit, statement, agreement, or addendum limiting ownership or occupancy of the residential property by the mortgagor shall not provide a basis to avoid a sale or transfer, nor is it enforceable against the acquiring entity or any real estate broker, mortgagor, or settlement agent named in the affidavit, statement, agreement, or addendum. Provides that, at the time of an offer, specified disclosures shall be made to the mortgagee in connection with any purchase of a sale. Provides that, upon request by the mortgagee, a certified community development financial institution shall provide documentation evidencing its current certification status. Effective immediately.	us/states/il	Illinois General Assembly	101st	SB 138	Illinois SB 138 (101st)	bill		enacted		3	38	2	2019-01-29	2019-08-16	openstates	ocd-bill/7cca18bb-8ecd-40e1-bcd7-0ed325dcb788	http://ilga.gov/legislation/BillStatus.asp?DocNum=138&GAID=15&DocTypeID=SB&LegId=115262&SessionID=108&GA=101	8f3002e90fb8f849be65fbea437113ed5ebe11461618f0f5adb733bdc9dd9fb4	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-il

Illinois SB 138 (101st) — CIV PRO-SHORT SALE RESALE

Amends the Mortgage Foreclosure Article of the Code of Civil Procedure in relation to short sales of property. Provides that, if an offer to purchase either a mortgage or residential property is made by an entity with a tax-exempt filing status under Section 501(c)(3) of the Internal Revenue Code for the purpose of reselling that mortgage or residential property to the mortgagor, and financing for the repurchase will be provided by a certified community development financial institution, an affidavit, statement, agreement, or addendum limiting ownership or occupancy of the residential property by the mortgagor shall not provide a basis to avoid a sale or transfer, nor is it enforceable against the acquiring entity or any real estate broker, mortgagor, or settlement agent named in the affidavit, statement, agreement, or addendum. Provides that, at the time of an offer, specified disclosures shall be made to the mortgagee in connection with any purchase of a sale. Provides that, upon request by the mortgagee, a certified community development financial institution shall provide documentation evidencing its current certification status. Effective immediately.

Version chain

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

1. Introduced (filed) — source
2. Engrossed (committee substitute) — source
3. Enrolled (enrolled) — source

Votes

• Third Reading — 111–5 (pass) · lower
• Third Reading — 53–0 (pass) · upper

Sponsors

• Arthur Turner — cosponsor (person)
• Curtis J. Tarver, II — primary (person)
• Don Harmon — cosponsor (person)
• Iris Y. Martinez — cosponsor (person)
• Jacqueline Y. Collins — primary (person)

Timeline

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

• 2019-01-29 Filed with Secretary by Sen. Jacqueline Y. Collins filing
• 2019-01-29 First Reading reading-1
• 2019-01-29 Referred to Assignments referral-committee
• 2019-01-30 Assigned to Financial Institutions referral-committee
• 2019-01-31 Added as Chief Co-Sponsor Sen. Iris Y. Martinez
• 2019-02-08 Added as Chief Co-Sponsor Sen. Don Harmon
• 2019-03-04 Senate Committee Amendment No. 1 Filed with Secretary by Sen. Jacqueline Y. Collins amendment-introduction
• 2019-03-04 Senate Committee Amendment No. 1 Referred to Assignments referral-committee
• 2019-03-06 Postponed - Financial Institutions
• 2019-03-06 Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
• 2019-03-13 Senate Committee Amendment No. 1 Adopted amendment-passage
• 2019-03-13 Do Pass as Amended Financial Institutions; 007-000-000 committee-passage
• 2019-03-13 Placed on Calendar Order of 2nd Reading March 14, 2019
• 2019-03-20 Second Reading reading-2
• 2019-03-20 Placed on Calendar Order of 3rd Reading March 21, 2019
• 2019-03-27 Third Reading - Passed; 053-000-000 reading-3, passage
• 2019-03-27 Arrived in House introduction
• 2019-03-27 Chief House Sponsor Rep. Curtis J. Tarver, II
• 2019-03-27 First Reading reading-1
• 2019-03-27 Referred to Rules Committee referral-committee
• 2019-04-09 Assigned to Executive Committee referral-committee
• 2019-05-09 Added Alternate Chief Co-Sponsor Rep. Arthur Turner
• 2019-05-10 Rule 19(a) / Re-referred to Rules Committee referral-committee
• 2019-05-22 Assigned to Executive Committee referral-committee
• 2019-05-22 Final Action Deadline Extended-9(b) May 31, 2019
• 2019-05-22 Motion Filed to Suspend Rule 21 Executive Committee; Rep. Gregory Harris
• 2019-05-22 Motion to Suspend Rule 21 - Prevailed
• 2019-05-23 Do Pass / Short Debate Executive Committee; 013-000-000 committee-passage
• 2019-05-23 Placed on Calendar 2nd Reading - Short Debate
• 2019-05-23 Second Reading - Short Debate reading-2
• 2019-05-23 Held on Calendar Order of Second Reading - Short Debate reading-2
• 2019-05-27 Placed on Calendar Order of 3rd Reading - Short Debate
• 2019-05-27 Third Reading - Short Debate - Passed 111-005-000 reading-3, passage
• 2019-05-27 Passed Both Houses
• 2019-06-25 Sent to the Governor executive-receipt
• 2019-08-16 Governor Approved executive-signature
• 2019-08-16 Effective Date August 16, 2019
• 2019-08-16 Public Act . . . . . . . . . 101-0396 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/7cca18bb-8ecd-40e1-bcd7-0ed325dcb788. Confidence: reported (aggregated from official Illinois legislature records).