Fabio
126 lines
10 KiB
Markdown
126 lines
10 KiB
Markdown
---
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type: "Bill"
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title: "MORTGAGE LOAN ORIGINATORS"
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description: "Amends the Residential Mortgage License Act of 1987. States the purpose of the State's participation in the Nationwide Mortgage Licensing System and Registry. Contains provisions concerning (1) the application process, (2) the application form, and (3) averments of a licensee. Contains provisions concerning license issuance and renewal, including fees. Specifies the office and staff requirements for licensees. Provides that the Commissioner of Banks and Real Estate may enter into agreements in connection with the Nationwide Mortgage Licensing System and Registry. Prohibits the Commissioner from specified activities. Contains provisions concerning the suspension and revocation of licenses. Provides that the Director of the Division of Banking of the Department of Financial and Professional Regulation shall have additional investigation and examination authority. Contains provisions concerning the confidentiality of information associated with the Registry. Contains provisions concerning a mortgage loan originator license, its application, and issuance procedures. Contains provisions concerning pre-licensing education and testing of mortgage loan originators. Contains provisions concerning (1) license renewal standards and (2) continuing education of mortgage loan originators. Contains provisions concerning the duties, processes, discipline, bond requirements, and prohibited acts with respect to the Registry and mortgage loan originators. Makes other changes. Contains a severability clause. Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "96th"
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identifier: "HB 4011"
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citation: "Illinois HB 4011 (96th)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: []
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version_count: 3
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action_count: 65
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vote_count: 3
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first_action: "2009-02-26"
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last_action: "2009-07-31"
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source: "openstates"
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source_identifier: "ocd-bill/643413f2-4356-4f7a-826f-ffd6eadc05a9"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=4011&GAID=10&DocTypeID=HB&LegId=46849&SessionID=76&GA=96"
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source_hash: "1722323d53668ec8aefce1bc45701d7a34f5bf2b5b6152b49b9d29f93d38dc86"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois HB 4011 (96th) — MORTGAGE LOAN ORIGINATORS
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Amends the Residential Mortgage License Act of 1987. States the purpose of the State's participation in the Nationwide Mortgage Licensing System and Registry. Contains provisions concerning (1) the application process, (2) the application form, and (3) averments of a licensee. Contains provisions concerning license issuance and renewal, including fees. Specifies the office and staff requirements for licensees. Provides that the Commissioner of Banks and Real Estate may enter into agreements in connection with the Nationwide Mortgage Licensing System and Registry. Prohibits the Commissioner from specified activities. Contains provisions concerning the suspension and revocation of licenses. Provides that the Director of the Division of Banking of the Department of Financial and Professional Regulation shall have additional investigation and examination authority. Contains provisions concerning the confidentiality of information associated with the Registry. Contains provisions concerning a mortgage loan originator license, its application, and issuance procedures. Contains provisions concerning pre-licensing education and testing of mortgage loan originators. Contains provisions concerning (1) license renewal standards and (2) continuing education of mortgage loan originators. Contains provisions concerning the duties, processes, discipline, bond requirements, and prohibited acts with respect to the Registry and mortgage loan originators. Makes other changes. Contains a severability clause. Effective immediately.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600HB4011&GA=96&SessionId=76&DocTypeId=HB&LegID=46849&DocNum=4011&GAID=10&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600HB4011eng&GA=96&SessionId=76&DocTypeId=HB&LegID=46849&DocNum=4011&GAID=10&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600HB4011enr&GA=96&SessionId=76&DocTypeId=HB&LegID=46849&DocNum=4011&GAID=10&Session=&print=true)
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## Votes
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- Third Reading — **57–0** (pass) · upper
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- Concurrence — **117–0** (pass) · lower
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- Third Reading — **115–0** (pass) · lower
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## Sponsors
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- Marlow H. Colvin — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2009-02-26** Filed with the Clerk by Rep. Marlow H. Colvin `filing`
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- **2009-02-26** First Reading `reading-1`
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- **2009-02-26** Referred to Rules Committee `referral-committee`
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- **2009-03-03** Assigned to Business & Occupational Licenses Committee `referral-committee`
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- **2009-03-11** Do Pass / Short Debate Business & Occupational Licenses Committee; 013-000-000 `committee-passage`
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- **2009-03-12** Placed on Calendar 2nd Reading - Short Debate
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- **2009-03-12** Added Chief Co-Sponsor Rep. Angelo Saviano
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- **2009-03-12** Added Chief Co-Sponsor Rep. Deborah L. Graham
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- **2009-03-19** Second Reading - Short Debate `reading-2`
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- **2009-03-19** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2009-03-26** House Floor Amendment No. 1 Filed with Clerk by Rep. Marlow H. Colvin `amendment-introduction`
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- **2009-03-26** House Floor Amendment No. 1 Referred to Rules Committee `referral-committee`
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- **2009-03-30** House Floor Amendment No. 1 Rules Refers to Business & Occupational Licenses Committee
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- **2009-03-31** House Floor Amendment No. 1 Recommends Be Adopted Business & Occupational Licenses Committee; 009-000-000 `committee-passage-favorable`
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- **2009-04-01** Recalled to Second Reading - Short Debate `reading-2`
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- **2009-04-01** House Floor Amendment No. 1 Adopted by Voice Vote `amendment-passage`
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- **2009-04-01** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2009-04-02** Third Reading - Short Debate - Passed 115-000-000 `reading-3, passage`
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- **2009-04-15** Arrive in Senate `introduction`
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- **2009-04-15** Placed on Calendar Order of First Reading `reading-1`
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- **2009-04-15** Chief Senate Sponsor Sen. John J. Cullerton
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- **2009-04-15** Added as Alternate Chief Co-Sponsor Sen. Don Harmon
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- **2009-04-15** First Reading `reading-1`
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- **2009-04-15** Referred to Assignments `referral-committee`
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- **2009-04-22** Assigned to Financial Institutions `referral-committee`
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- **2009-04-22** Alternate Chief Sponsor Changed to Sen. Kwame Raoul
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- **2009-04-30** Held in Financial Institutions
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- **2009-05-05** Senate Committee Amendment No. 1 Filed with Secretary by Sen. Kwame Raoul `amendment-introduction`
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- **2009-05-05** Senate Committee Amendment No. 1 Referred to Assignments `referral-committee`
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- **2009-05-06** Senate Committee Amendment No. 2 Filed with Secretary by Sen. Kwame Raoul `amendment-introduction`
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- **2009-05-06** Senate Committee Amendment No. 2 Referred to Assignments `referral-committee`
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- **2009-05-06** Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
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- **2009-05-06** Senate Committee Amendment No. 2 Assignments Refers to Financial Institutions
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- **2009-05-07** Senate Committee Amendment No. 1 Held in Financial Institutions
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- **2009-05-07** Senate Committee Amendment No. 2 Adopted `amendment-passage`
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- **2009-05-07** Do Pass as Amended Financial Institutions; 011-000-000 `committee-passage`
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- **2009-05-07** Placed on Calendar Order of 2nd Reading May 12, 2009
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- **2009-05-08** Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments `referral-committee`
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- **2009-05-15** Second Reading `reading-2`
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- **2009-05-15** Placed on Calendar Order of 3rd Reading May 17, 2009
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- **2009-05-17** Senate Floor Amendment No. 3 Filed with Secretary by Sen. Kwame Raoul `amendment-introduction`
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- **2009-05-17** Senate Floor Amendment No. 3 Referred to Assignments `referral-committee`
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- **2009-05-18** Senate Floor Amendment No. 3 Assignments Refers to Financial Institutions
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- **2009-05-18** Senate Floor Amendment No. 3 Recommend Do Adopt Financial Institutions; 010-000-000
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- **2009-05-19** Recalled to Second Reading `reading-2`
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- **2009-05-19** Senate Floor Amendment No. 3 Adopted; Raoul `amendment-passage`
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- **2009-05-19** Placed on Calendar Order of 3rd Reading
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- **2009-05-19** Third Reading - Passed; 057-000-001 `reading-3, passage`
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- **2009-05-19** Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a) `amendment-failure`
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- **2009-05-19** Arrived in House `introduction`
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- **2009-05-19** Placed on Calendar Order of Concurrence Senate Amendment(s) 2, 3
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- **2009-05-19** Senate Committee Amendment No. 2 Motion Filed Concur Rep. Marlow H. Colvin
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- **2009-05-19** Senate Floor Amendment No. 3 Motion Filed Concur Rep. Marlow H. Colvin
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- **2009-05-19** Senate Committee Amendment No. 2 Motion to Concur Referred to Rules Committee `referral-committee`
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- **2009-05-19** Senate Floor Amendment No. 3 Motion to Concur Referred to Rules Committee `referral-committee`
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- **2009-05-26** Senate Committee Amendment No. 2 Motion to Concur Recommends Be Adopted Rules Committee; 004-000-000
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- **2009-05-26** Senate Floor Amendment No. 3 Motion to Concur Recommends Be Adopted Rules Committee; 004-000-000
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- **2009-05-30** Senate Committee Amendment No. 2 House Concurs 117-000-000
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- **2009-05-30** Senate Floor Amendment No. 3 House Concurs 117-000-000
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- **2009-05-30** Added as Alternate Chief Co-Sponsor Sen. Jacqueline Y. Collins
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- **2009-05-30** Passed Both Houses
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- **2009-06-26** Sent to the Governor `executive-receipt`
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- **2009-07-31** Governor Approved `executive-signature`
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- **2009-07-31** Effective Date July 31, 2009
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- **2009-07-31** Public Act . . . . . . . . . 96-0112 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/643413f2-4356-4f7a-826f-ffd6eadc05a9`. Confidence: reported (aggregated from official Illinois legislature records).
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