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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 MORTGAGE ESCROW-COMPLIANCE Amends the Mortgage Escrow Account Act. Provides that a mortgage lender that complies with the escrow account requirements in Title 12 CFR Part 1026 for a mortgage loan that is a higher-priced mortgage loan is deemed to be in compliance with a provision regarding notification by a mortgage lender to a borrower about terminating or continuing such escrow account. Provides that the borrower shall not have the right to terminate any escrow account arrangement in conjunction with a mortgage loan that is a higher-priced mortgage loan unless the borrower has met all of the conditions for cancellation of an escrow account for a higher-priced mortgage loan in Title 12 CFR Part 1026. Effective immediately. us/states/il Illinois General Assembly 103rd HB 2717 Illinois HB 2717 (103rd)
bill
enacted
Edgar González, Jr.
Ram Villivalam
3 28 4 2023-02-15 2023-07-28 openstates ocd-bill/4102b27c-98eb-4ed9-bd00-3c948bb4a374 https://beta.ilga.gov/Legislation/BillStatus?DocNum=2717&GAID=17&DocTypeID=HB&LegId=147840&SessionID=112 a950663f8e9306b2118efe98bfdc01b449003365a34d12e1b14d9a58157d6d7e 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-il

Illinois HB 2717 (103rd) — MORTGAGE ESCROW-COMPLIANCE

Amends the Mortgage Escrow Account Act. Provides that a mortgage lender that complies with the escrow account requirements in Title 12 CFR Part 1026 for a mortgage loan that is a higher-priced mortgage loan is deemed to be in compliance with a provision regarding notification by a mortgage lender to a borrower about terminating or continuing such escrow account. Provides that the borrower shall not have the right to terminate any escrow account arrangement in conjunction with a mortgage loan that is a higher-priced mortgage loan unless the borrower has met all of the conditions for cancellation of an escrow account for a higher-priced mortgage loan in Title 12 CFR Part 1026. 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

  • Financial Institutions — 70 (pass) · lower
  • Third Reading — 1080 (pass) · lower
  • Financial Institutions & Licensing — 120 (pass) · lower
  • Third Reading — 560 (pass) · lower

Sponsors

  • Edgar González, Jr. — primary (person)
  • Ram Villivalam — primary (person)
  • Jason Plummer — cosponsor (person)
  • Michael E. Hastings — cosponsor (person)

Timeline

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

  • 2023-02-15 Filed with the Clerk by Rep. Edgar González, Jr. filing
  • 2023-02-16 First Reading reading-1
  • 2023-02-16 Referred to Rules Committee
  • 2023-02-28 Assigned to Financial Institutions and Licensing Committee referral-committee
  • 2023-03-07 Do Pass / Short Debate Financial Institutions and Licensing Committee; 012-000-000
  • 2023-03-08 Placed on Calendar 2nd Reading - Short Debate reading-2
  • 2023-03-15 Second Reading - Short Debate reading-2
  • 2023-03-15 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2023-03-23 Third Reading - Short Debate - Passed 108-000-000 passage, reading-3
  • 2023-03-27 Arrive in Senate introduction
  • 2023-03-27 Placed on Calendar Order of First Reading reading-1
  • 2023-03-27 Chief Senate Sponsor Sen. Ram Villivalam
  • 2023-03-27 First Reading reading-1
  • 2023-03-27 Referred to Assignments
  • 2023-04-18 Assigned to Financial Institutions referral-committee
  • 2023-04-26 Do Pass Financial Institutions; 007-000-000
  • 2023-04-26 Placed on Calendar Order of 2nd Reading April 27, 2023 reading-2
  • 2023-04-27 Second Reading reading-2
  • 2023-04-27 Placed on Calendar Order of 3rd Reading May 2, 2023
  • 2023-04-28 Added as Alternate Chief Co-Sponsor Sen. Jason Plummer
  • 2023-05-04 Added as Alternate Co-Sponsor Sen. Michael E. Hastings
  • 2023-05-05 Placed on Calendar Order of 3rd Reading ** May 8, 2023
  • 2023-05-11 Third Reading - Passed; 056-000-000 passage, reading-3
  • 2023-05-11 Passed Both Houses
  • 2023-06-09 Sent to the Governor executive-receipt
  • 2023-07-28 Governor Approved executive-signature
  • 2023-07-28 Effective Date July 28, 2023
  • 2023-07-28 Public Act . . . . . . . . . 103-0322 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/4102b27c-98eb-4ed9-bd00-3c948bb4a374. Confidence: reported (aggregated from official Illinois legislature records).