Fabio
112 lines
9.7 KiB
Markdown
112 lines
9.7 KiB
Markdown
---
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type: "Bill"
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title: "REAL ESTATE TIMESHARE"
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description: "Amends the Real Estate Timeshare Act of 1999. Provides a description of the Act's scope. Provides that a resale agent is a person who for another and for compensation, or with the intention or expectation of receiving compensation, either directly or indirectly, sells or offers to sell (instead of directly or through an employee or agent sells or offers to sell a timeshare). Provides definition of \"managing entity lien\". Provides that the minimum requirements of a timeshare sale listing agreement include the use, rental, or exchange of the unit while listed; designation of any rental fees recipient; disclosure of any relationship between the resale agent and any person receiving a benefit from use of the timeshare; any pre-sale fees; the resale agent's prior experience; commissions; and other items (instead of requiring only disclosure of the resale agent's compensation, certain terms of the use or rental of the timeshare, and the length of the term of the listing contract). Provides for disclosures, in addition to those required, to a prospective purchaser of a timeshare that include the status of assessments and real estate or personal property taxes and the location of documents about the timeshare. Provides that a timeshare resale agent shall be a licensed real estate broker unless exempt from licensure by the Real Estate License Act of 2000 or because of selling no more than 8 timeshares per year. Provides for a managing entity lien. Provides procedures, including notices and auctions, for the nonjudicial foreclosure against time share estates and the foreclosure of a lien or security interest on a timeshare use under the Act or under the Uniform Commercial Code. Repeals certain provisions of existing law regarding resale agent registration requirements. Makes other changes. Provides for severability of the amendatory provisions. 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: "SB 2112"
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citation: "Illinois SB 2112 (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: 49
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vote_count: 4
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first_action: "2009-02-20"
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last_action: "2009-08-25"
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source: "openstates"
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source_identifier: "ocd-bill/a6520e6b-8e23-44ae-bca9-92b7f7bc27e6"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2112&GAID=10&DocTypeID=SB&LegId=45032&SessionID=76&GA=96"
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source_hash: "b0d6235ed9e16c3f7c0aeec07a077d778027309284354e559434018252e9024b"
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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 SB 2112 (96th) — REAL ESTATE TIMESHARE
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Amends the Real Estate Timeshare Act of 1999. Provides a description of the Act's scope. Provides that a resale agent is a person who for another and for compensation, or with the intention or expectation of receiving compensation, either directly or indirectly, sells or offers to sell (instead of directly or through an employee or agent sells or offers to sell a timeshare). Provides definition of "managing entity lien". Provides that the minimum requirements of a timeshare sale listing agreement include the use, rental, or exchange of the unit while listed; designation of any rental fees recipient; disclosure of any relationship between the resale agent and any person receiving a benefit from use of the timeshare; any pre-sale fees; the resale agent's prior experience; commissions; and other items (instead of requiring only disclosure of the resale agent's compensation, certain terms of the use or rental of the timeshare, and the length of the term of the listing contract). Provides for disclosures, in addition to those required, to a prospective purchaser of a timeshare that include the status of assessments and real estate or personal property taxes and the location of documents about the timeshare. Provides that a timeshare resale agent shall be a licensed real estate broker unless exempt from licensure by the Real Estate License Act of 2000 or because of selling no more than 8 timeshares per year. Provides for a managing entity lien. Provides procedures, including notices and auctions, for the nonjudicial foreclosure against time share estates and the foreclosure of a lien or security interest on a timeshare use under the Act or under the Uniform Commercial Code. Repeals certain provisions of existing law regarding resale agent registration requirements. Makes other changes. Provides for severability of the amendatory provisions. 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=09600SB2112&GA=96&SessionId=76&DocTypeId=SB&LegID=45032&DocNum=2112&GAID=10&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB2112eng&GA=96&SessionId=76&DocTypeId=SB&LegID=45032&DocNum=2112&GAID=10&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB2112enr&GA=96&SessionId=76&DocTypeId=SB&LegID=45032&DocNum=2112&GAID=10&Session=&print=true)
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## Votes
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- Concurrence, Amendment 2 — **57–0** (pass) · upper
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- Concurrence — **57–0** (pass) · upper
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- Third Reading — **113–0** (pass) · lower
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- Third Reading — **59–0** (pass) · upper
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## Sponsors
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- Don Harmon — primary (person)
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- Franco Coladipietro — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2009-02-20** Filed with Secretary by Sen. Don Harmon `filing`
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- **2009-02-20** First Reading `reading-1`
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- **2009-02-20** Referred to Assignments `referral-committee`
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- **2009-02-26** Added as Chief Co-Sponsor Sen. A. J. Wilhelmi
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- **2009-03-04** Assigned to Judiciary `referral-committee`
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- **2009-03-10** Added as Chief Co-Sponsor Sen. Michael Noland
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- **2009-03-11** Do Pass Judiciary; 011-000-000 `committee-passage`
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- **2009-03-11** Placed on Calendar Order of 2nd Reading March 12, 2009
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- **2009-03-19** Added as Chief Co-Sponsor Sen. Kirk W. Dillard
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- **2009-03-30** Second Reading `reading-2`
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- **2009-03-30** Placed on Calendar Order of 3rd Reading March 31, 2009
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- **2009-04-01** Third Reading - Passed; 059-000-000 `reading-3, passage`
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- **2009-04-02** Arrived in House `introduction`
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- **2009-04-02** Placed on Calendar Order of First Reading `reading-1`
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- **2009-04-02** Chief House Sponsor Rep. Dan Reitz
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- **2009-04-02** First Reading `reading-1`
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- **2009-04-02** Referred to Rules Committee `referral-committee`
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- **2009-04-20** Assigned to Judiciary I - Civil Law Committee `referral-committee`
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- **2009-04-21** Added Alternate Co-Sponsor Rep. Franco Coladipietro
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- **2009-05-06** House Committee Amendment No. 1 Filed with Clerk by Judiciary I - Civil Law Committee `amendment-introduction`
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- **2009-05-06** House Committee Amendment No. 1 Adopted in Judiciary I - Civil Law Committee; by Voice Vote `amendment-passage`
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- **2009-05-06** Do Pass as Amended / Short Debate Judiciary I - Civil Law Committee; 015-000-000 `committee-passage`
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- **2009-05-06** Placed on Calendar 2nd Reading - Short Debate
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- **2009-05-14** House Floor Amendment No. 2 Filed with Clerk by Rep. Dan Reitz `amendment-introduction`
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- **2009-05-14** House Floor Amendment No. 2 Referred to Rules Committee `referral-committee`
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- **2009-05-18** House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 004-000-000 `committee-passage-favorable`
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- **2009-05-18** Second Reading - Short Debate `reading-2`
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- **2009-05-18** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2009-05-18** Recalled to Second Reading - Short Debate `reading-2`
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- **2009-05-18** House Floor Amendment No. 2 Adopted by Voice Vote `amendment-passage`
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- **2009-05-18** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2009-05-19** Third Reading - Short Debate - Passed 113-000-000 `reading-3, passage`
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- **2009-05-19** Secretary's Desk - Concurrence House Amendment(s) 1, 2
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- **2009-05-19** Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 20, 2009
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- **2009-05-26** House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Don Harmon `filing`
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- **2009-05-26** House Committee Amendment No. 1 Motion to Concur Referred to Assignments `referral-committee`
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- **2009-05-26** House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Don Harmon `filing`
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- **2009-05-26** House Floor Amendment No. 2 Motion to Concur Referred to Assignments `referral-committee`
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- **2009-05-27** House Committee Amendment No. 1 Motion to Concur Assignments Referred to Judiciary `referral-committee`
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- **2009-05-27** House Floor Amendment No. 2 Motion to Concur Assignments Referred to Judiciary `referral-committee`
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- **2009-05-28** House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Judiciary; 006-000-000
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- **2009-05-28** House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Judiciary; 006-000-000
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- **2009-05-29** House Committee Amendment No. 1 Senate Concurs 057-000-000
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- **2009-05-29** House Floor Amendment No. 2 Senate Concurs 057-000-000
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- **2009-05-29** Passed Both Houses
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- **2009-06-26** Sent to the Governor `executive-receipt`
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- **2009-08-25** Governor Approved `executive-signature`
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- **2009-08-25** Effective Date August 25, 2009
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- **2009-08-25** Public Act . . . . . . . . . 96-0738 `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/a6520e6b-8e23-44ae-bca9-92b7f7bc27e6`. Confidence: reported (aggregated from official Illinois legislature records).
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