republic-os/legislation/us/states/il/93rd/sb-3077.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	MORT INSURANCE-OVERINSURANCE	Amends the Mortgage Insurance Limitation and Notification Act. Prohibits a lender from requiring a borrower, as a condition of receiving or maintaining a loan secured by real property, to provide hazard insurance coverage against risks to the improvements on that real property in an amount exceeding the replacement value of the improvements on the real property. Requires the lender to disclose to the borrower, in writing, that the borrower is not required to have hazard insurance coverage against risks to the improvements on that real property in an amount exceeding the replacement value of the improvements on the real property. Effective immediately.	us/states/il	Illinois General Assembly	93rd	SB 3077	Illinois SB 3077 (93rd)	bill		enacted		3	42	3	2004-02-06	2004-08-24	openstates	ocd-bill/03a1c65b-d139-4b36-82e9-4cc95b6b9b8c	http://ilga.gov/legislation/BillStatus.asp?DocNum=3077&GAID=3&DocTypeID=SB&LegId=10248&SessionID=3&GA=93	6caa978cbbbbf1c6441aa5927a74d8a77c9d53048673d4f66f6488474512c866	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-il

Illinois SB 3077 (93rd) — MORT INSURANCE-OVERINSURANCE

Amends the Mortgage Insurance Limitation and Notification Act. Prohibits a lender from requiring a borrower, as a condition of receiving or maintaining a loan secured by real property, to provide hazard insurance coverage against risks to the improvements on that real property in an amount exceeding the replacement value of the improvements on the real property. Requires the lender to disclose to the borrower, in writing, that the borrower is not required to have hazard insurance coverage against risks to the improvements on that real property in an amount exceeding the replacement value of the improvements on the real property. 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

• Concurrence — 46–0 (pass) · upper
• Third Reading — 56–0 (pass) · upper
• Third Reading — 115–0 (pass) · lower

Sponsors

• Bill Brady — primary (person)

Timeline

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

• 2004-02-06 Filed with Secretary by Sen. Bill Brady filing
• 2004-02-06 First Reading reading-1
• 2004-02-06 Referred to Rules referral-committee
• 2004-02-18 Assigned to Insurance & Pensions referral-committee
• 2004-02-24 Do Pass Insurance & Pensions; 009-000-000 committee-passage
• 2004-02-24 Placed on Calendar Order of 2nd Reading February 25, 2004
• 2004-02-25 Second Reading reading-2
• 2004-02-25 Placed on Calendar Order of 3rd Reading February 26, 2004
• 2004-03-23 Senate Floor Amendment No. 1 Filed with Secretary by Sen. Bill Brady amendment-introduction
• 2004-03-23 Senate Floor Amendment No. 1 Referred to Rules referral-committee
• 2004-03-26 Third Reading - Passed; 056-000-000 reading-3, passage
• 2004-03-26 Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a) amendment-failure
• 2004-03-26 Arrived in House introduction
• 2004-03-26 Placed on Calendar Order of First Reading reading-1
• 2004-03-30 Chief House Sponsor Rep. Carole Pankau
• 2004-03-30 First Reading reading-1
• 2004-03-30 Referred to Rules Committee referral-committee
• 2004-05-11 Assigned to Consumer Protection Committee referral-committee
• 2004-05-14 Committee/3rd Reading Deadline Extended-Rule 9(b) May 31, 2004
• 2004-05-18 House Committee Amendment No. 1 Filed with Clerk by Consumer Protection Committee amendment-introduction
• 2004-05-18 House Committee Amendment No. 1 Adopted in Consumer Protection Committee; by Voice Vote amendment-passage
• 2004-05-18 Do Pass as Amended / Short Debate Consumer Protection Committee; 008-000-000 committee-passage
• 2004-05-18 Placed on Calendar 2nd Reading - Short Debate
• 2004-05-18 Added Alternate Chief Co-Sponsor Rep. Eddie Washington
• 2004-05-18 Added Alternate Chief Co-Sponsor Rep. Sandra M. Pihos
• 2004-05-20 Second Reading - Short Debate reading-2
• 2004-05-20 Placed on Calendar Order of 3rd Reading - Short Debate
• 2004-05-26 Third Reading - Short Debate - Passed 115-000-000 reading-3, passage
• 2004-05-26 Added Alternate Chief Co-Sponsor Rep. Karen A. Yarbrough
• 2004-05-26 Added Alternate Chief Co-Sponsor Rep. Renee Kosel
• 2004-05-26 Secretary's Desk - Concurrence House Amendment(s) 01
• 2004-05-26 Placed on Calendar Order of Concurrence House Amendment(s) 01 - May 27, 2004.
• 2004-05-28 House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Bill Brady filing
• 2004-05-28 House Committee Amendment No. 1 Motion to Concur Referred to Rules referral-committee
• 2004-05-28 House Committee Amendment No. 1 Motion to Concur Rules Referred to Insurance & Pensions referral-committee
• 2004-05-29 House Committee Amendment No. 1 Motion to Concur Be Adopted Insurance & Pensions; 010-000-000
• 2004-05-29 House Committee Amendment No. 1 Senate Concurs 046-000-000
• 2004-05-29 Passed Both Houses
• 2004-06-25 Sent to the Governor executive-receipt
• 2004-08-24 Governor Approved executive-signature
• 2004-08-24 Effective Date August 24, 2004
• 2004-08-24 Public Act . . . . . . . . . 93-1021 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/03a1c65b-d139-4b36-82e9-4cc95b6b9b8c. Confidence: reported (aggregated from official Illinois legislature records).