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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 CIV PRO-FORECLOSURE-SHORT SALE Amends the Code of Civil Procedure. Defines "short sale" as the sale of real estate that is subject to a mortgage for an amount that is less than the amount owed to the mortgagee on the outstanding mortgage loan. Provides that in a foreclosure of residential property, if the mortgagor presents to the mortgagee, which is a banking organization or corporation, a bona fide written offer from a third party to purchase the property in foreclosure which is for an amount that constitutes a short sale, and the mortgagor requests that the mortgagee approve the short sale, then the mortgagee must respond within 30 days and must agree to the short sale unless there is a reasonable justification to not do so. Provides that the fact that the proceeds of the short sale would be insufficient to satisfy the mortgage note does not constitute a reasonable justification. Provides that if the mortgagee approves the short sale, the mortgagee agrees as part of the closing of the short sale: to termination of the mortgagor's interest in the property and acceptance the sale proceeds in full satisfaction of the outstanding mortgage loan; to relieve from personal liability all persons who may owe payment or the performance of other obligations secured by the mortgage, including guarantors; and to waive all rights to a personal judgment for deficiency against the mortgagor and all other persons liable under the mortgage. us/states/il Illinois General Assembly 97th SB 1259 Illinois SB 1259 (97th)
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3 71 2 2011-02-08 2012-01-13 openstates ocd-bill/05a75059-a1f4-4b46-b2d4-220380c24d51 http://ilga.gov/legislation/BillStatus.asp?DocNum=1259&GAID=11&DocTypeID=SB&LegId=56899&SessionID=84&GA=97 603763b5f86d56020c8995fe031b8cf168f6d32dd94aec4d1d28a62834cb2ba7 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
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us-il

Illinois SB 1259 (97th) — CIV PRO-FORECLOSURE-SHORT SALE

Amends the Code of Civil Procedure. Defines "short sale" as the sale of real estate that is subject to a mortgage for an amount that is less than the amount owed to the mortgagee on the outstanding mortgage loan. Provides that in a foreclosure of residential property, if the mortgagor presents to the mortgagee, which is a banking organization or corporation, a bona fide written offer from a third party to purchase the property in foreclosure which is for an amount that constitutes a short sale, and the mortgagor requests that the mortgagee approve the short sale, then the mortgagee must respond within 30 days and must agree to the short sale unless there is a reasonable justification to not do so. Provides that the fact that the proceeds of the short sale would be insufficient to satisfy the mortgage note does not constitute a reasonable justification. Provides that if the mortgagee approves the short sale, the mortgagee agrees as part of the closing of the short sale: to termination of the mortgagor's interest in the property and acceptance the sale proceeds in full satisfaction of the outstanding mortgage loan; to relieve from personal liability all persons who may owe payment or the performance of other obligations secured by the mortgage, including guarantors; and to waive all rights to a personal judgment for deficiency against the mortgagor and all other persons liable under the mortgage.

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 — 111–0 (pass) · lower
  • Third Reading — 56–0 (pass) · upper

Sponsors

  • Al Riley — cosponsor (person)
  • Camille Y. Lilly — cosponsor (person)
  • Ira I. Silverstein — primary (person)
  • Kelly M. Cassidy — cosponsor (person)

Timeline

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

  • 2011-02-08 Filed with Secretary by Sen. Ira I. Silverstein filing
  • 2011-02-08 First Reading reading-1
  • 2011-02-08 Referred to Assignments referral-committee
  • 2011-02-15 Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  • 2011-02-23 Assigned to Judiciary referral-committee
  • 2011-03-01 Postponed - Judiciary
  • 2011-03-07 Senate Committee Amendment No. 1 Filed with Secretary by Sen. Ira I. Silverstein amendment-introduction
  • 2011-03-07 Senate Committee Amendment No. 1 Referred to Assignments referral-committee
  • 2011-03-09 Senate Committee Amendment No. 1 Assignments Refers to Judiciary
  • 2011-03-10 Senate Committee Amendment No. 1 Adopted amendment-passage
  • 2011-03-10 Held in Judiciary
  • 2011-03-11 Senate Committee Amendment No. 2 Filed with Secretary by Sen. Ira I. Silverstein amendment-introduction
  • 2011-03-11 Senate Committee Amendment No. 2 Referred to Assignments referral-committee
  • 2011-03-14 Senate Committee Amendment No. 2 Assignments Refers to Judiciary
  • 2011-03-15 Senate Committee Amendment No. 2 Adopted amendment-passage
  • 2011-03-15 Do Pass as Amended Judiciary; 009-001-000 committee-passage
  • 2011-03-15 Placed on Calendar Order of 2nd Reading March 16, 2011
  • 2011-03-28 Senate Floor Amendment No. 3 Filed with Secretary by Sen. Ira I. Silverstein amendment-introduction
  • 2011-03-28 Senate Floor Amendment No. 3 Referred to Assignments referral-committee
  • 2011-03-29 Senate Floor Amendment No. 3 Assignments Refers to Judiciary
  • 2011-03-29 Senate Floor Amendment No. 3 Postponed - Judiciary
  • 2011-03-30 Senate Floor Amendment No. 4 Filed with Secretary by Sen. Ira I. Silverstein amendment-introduction
  • 2011-03-30 Senate Floor Amendment No. 4 Referred to Assignments referral-committee
  • 2011-03-31 Senate Floor Amendment No. 4 Assignments Refers to Judiciary
  • 2011-04-06 Senate Floor Amendment No. 4 Recommend Do Adopt Judiciary; 010-000-000
  • 2011-04-08 Chief Sponsor Changed to Sen. Jacqueline Y. Collins
  • 2011-04-08 Senate Floor Amendment No. 4 Chief Sponsor of Senate Floor Amendment Changed to Senator J. Collins
  • 2011-04-08 Second Reading reading-2
  • 2011-04-08 Senate Floor Amendment No. 4 Adopted; J. Collins amendment-passage
  • 2011-04-08 Placed on Calendar Order of 3rd Reading April 11, 2011
  • 2011-04-13 Chief Sponsor Changed to Sen. Ira I. Silverstein
  • 2011-04-13 Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  • 2011-04-13 Third Reading - Passed; 056-000-001 reading-3, passage
  • 2011-04-13 Senate Floor Amendment No. 3 Tabled Pursuant to Rule 5-4(a) amendment-failure
  • 2011-04-13 Arrived in House introduction
  • 2011-04-27 Placed on Calendar Order of First Reading reading-1
  • 2011-04-27 Chief House Sponsor Rep. Barbara Flynn Currie
  • 2011-04-27 First Reading reading-1
  • 2011-04-27 Referred to Rules Committee referral-committee
  • 2011-04-28 Assigned to Executive Committee referral-committee
  • 2011-05-13 Committee Deadline Extended-Rule 9(b) May 20, 2011
  • 2011-05-20 Final Action Deadline Extended-9(b) May 27, 2011
  • 2011-05-25 Moved to Suspend Rule 25 Rep. Frank J. Mautino
  • 2011-05-25 Suspend Rule 25 - Prevailed
  • 2011-05-27 Final Action Deadline Extended-9(b) May 31, 2011
  • 2011-05-29 House Committee Amendment No. 1 Filed with Clerk by Rep. Barbara Flynn Currie amendment-introduction
  • 2011-05-29 House Committee Amendment No. 1 Referred to Rules Committee referral-committee
  • 2011-05-29 House Committee Amendment No. 1 Rules Refers to Executive Committee
  • 2011-05-31 House Committee Amendment No. 1 Tabled Pursuant to Rule 40 amendment-failure
  • 2011-05-31 Rule 19(a) / Re-referred to Rules Committee referral-committee
  • 2011-10-06 Final Action Deadline Extended-9(b) November 10, 2011
  • 2011-10-06 Assigned to Executive Committee referral-committee
  • 2011-10-25 Do Pass / Short Debate Executive Committee; 010-000-000 committee-passage
  • 2011-10-25 Placed on Calendar 2nd Reading - Short Debate
  • 2011-10-25 Second Reading - Short Debate reading-2
  • 2011-10-25 Held on Calendar Order of Second Reading - Short Debate reading-2
  • 2011-10-26 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2011-10-26 3/5 Vote Required
  • 2011-10-26 Added Alternate Chief Co-Sponsor Rep. Carol A. Sente
  • 2011-10-26 Added Alternate Chief Co-Sponsor Rep. La Shawn K. Ford
  • 2011-10-26 Added Alternate Chief Co-Sponsor Rep. André M. Thapedi
  • 2011-10-26 Added Alternate Chief Co-Sponsor Rep. Arthur Turner
  • 2011-10-26 Added Alternate Co-Sponsor Rep. Camille Y. Lilly
  • 2011-10-26 Added Alternate Co-Sponsor Rep. Al Riley
  • 2011-10-26 Added Alternate Co-Sponsor Rep. Kelly M. Cassidy
  • 2011-10-26 Third Reading - Short Debate - Passed 111-000-004 reading-3, passage
  • 2011-10-26 Passed Both Houses
  • 2011-11-23 Sent to the Governor executive-receipt
  • 2012-01-13 Governor Approved executive-signature
  • 2012-01-13 Effective Date January 13, 2012
  • 2012-01-13 Public Act . . . . . . . . . 97-0666 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/05a75059-a1f4-4b46-b2d4-220380c24d51. Confidence: reported (aggregated from official Illinois legislature records).

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