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Fabio 5941153bb7 Legislation: batch B — IL IN KS KY LA MA MD ME MI MN 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:27:20 -04:00

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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 TITLE INS - DISBURSEMENTS Amends the Title Insurance Act. Provides that a title insurance company, title insurance agent, or independent escrowee shall not make disbursements in connection with any escrows, settlements, or closings out of a fiduciary trust account or accounts unless the funds in the aggregate amount of $50,000 or greater received from any single party to the transaction are wired funds unconditionally held by and credited to the fiduciary trust account of the title insurance company, title insurance agent, or independent escrowee; are good funds as defined in the provision; or are collected funds as defined in the provision. Provides that a title insurance company or title insurance agent shall not make disbursements in connection with any escrows, settlements, or closings out of a fiduciary trust account or accounts unless the funds in the amount of less than $50,000 received from any single party to the transaction are collected funds or good funds as defined in the provision. Sets forth definitions for "good funds" and "collected funds". Effective January 1, 2010. us/states/il Illinois General Assembly 96th SB 2111 Illinois SB 2111 (96th)
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3 41 3 2009-02-20 2009-08-24 openstates ocd-bill/54f199c9-5d21-45e4-975e-446dcb59aea1 http://ilga.gov/legislation/BillStatus.asp?DocNum=2111&GAID=10&DocTypeID=SB&LegId=45031&SessionID=76&GA=96 6f784a00945882a8a0645d76bc5e5f92df70ffeb7842a20941d98e9cd4245973 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
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Illinois SB 2111 (96th) — TITLE INS - DISBURSEMENTS

Amends the Title Insurance Act. Provides that a title insurance company, title insurance agent, or independent escrowee shall not make disbursements in connection with any escrows, settlements, or closings out of a fiduciary trust account or accounts unless the funds in the aggregate amount of $50,000 or greater received from any single party to the transaction are wired funds unconditionally held by and credited to the fiduciary trust account of the title insurance company, title insurance agent, or independent escrowee; are good funds as defined in the provision; or are collected funds as defined in the provision. Provides that a title insurance company or title insurance agent shall not make disbursements in connection with any escrows, settlements, or closings out of a fiduciary trust account or accounts unless the funds in the amount of less than $50,000 received from any single party to the transaction are collected funds or good funds as defined in the provision. Sets forth definitions for "good funds" and "collected funds". Effective January 1, 2010.

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 — 57–0 (pass) · upper
  • Third Reading — 112–0 (pass) · lower
  • Concurrence — 57–0 (pass) · upper

Sponsors

  • Don Harmon — primary (person)

Timeline

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

  • 2009-02-20 Filed with Secretary by Sen. Don Harmon filing
  • 2009-02-20 First Reading reading-1
  • 2009-02-20 Referred to Assignments referral-committee
  • 2009-03-04 Assigned to Judiciary referral-committee
  • 2009-03-11 Do Pass Judiciary; 011-000-000 committee-passage
  • 2009-03-11 Placed on Calendar Order of 2nd Reading March 12, 2009
  • 2009-03-24 Senate Floor Amendment No. 1 Filed with Secretary by Sen. Don Harmon amendment-introduction
  • 2009-03-24 Senate Floor Amendment No. 1 Referred to Assignments referral-committee
  • 2009-03-25 Senate Floor Amendment No. 1 Assignments Refers to Judiciary
  • 2009-03-30 Second Reading reading-2
  • 2009-03-30 Placed on Calendar Order of 3rd Reading March 31, 2009
  • 2009-03-31 Senate Floor Amendment No. 1 Recommend Do Adopt Judiciary; 008-000-000
  • 2009-04-01 Recalled to Second Reading reading-2
  • 2009-04-01 Senate Floor Amendment No. 1 Adopted; Harmon amendment-passage
  • 2009-04-01 Placed on Calendar Order of 3rd Reading
  • 2009-04-01 Third Reading - Passed; 057-000-002 reading-3, passage
  • 2009-04-02 Arrived in House introduction
  • 2009-04-02 Placed on Calendar Order of First Reading reading-1
  • 2009-04-02 Chief House Sponsor Rep. Dan Reitz
  • 2009-04-02 First Reading reading-1
  • 2009-04-02 Referred to Rules Committee referral-committee
  • 2009-04-20 Assigned to Judiciary I - Civil Law Committee referral-committee
  • 2009-04-29 House Committee Amendment No. 1 Filed with Clerk by Judiciary I - Civil Law Committee amendment-introduction
  • 2009-04-29 House Committee Amendment No. 1 Adopted in Judiciary I - Civil Law Committee; by Voice Vote amendment-passage
  • 2009-04-29 Do Pass as Amended / Short Debate Judiciary I - Civil Law Committee; 013-000-000 committee-passage
  • 2009-04-29 Placed on Calendar 2nd Reading - Short Debate
  • 2009-04-30 Second Reading - Short Debate reading-2
  • 2009-04-30 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2009-05-19 Third Reading - Short Debate - Passed 112-000-001 reading-3, passage
  • 2009-05-19 Secretary's Desk - Concurrence House Amendment(s) 1
  • 2009-05-19 Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 20, 2009
  • 2009-05-21 House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Don Harmon filing
  • 2009-05-21 House Committee Amendment No. 1 Motion to Concur Referred to Assignments referral-committee
  • 2009-05-22 House Committee Amendment No. 1 Motion to Concur Assignments Referred to Judiciary referral-committee
  • 2009-05-26 House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Judiciary; 009-000-000
  • 2009-05-27 House Committee Amendment No. 1 Senate Concurs 057-000-002
  • 2009-05-27 Passed Both Houses
  • 2009-06-25 Sent to the Governor executive-receipt
  • 2009-08-24 Governor Approved executive-signature
  • 2009-08-24 Effective Date January 1, 2010
  • 2009-08-24 Public Act . . . . . . . . . 96-0645 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/54f199c9-5d21-45e4-975e-446dcb59aea1. Confidence: reported (aggregated from official Illinois legislature records).

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