republic-os/legislation/us/states/il/99th/sb-1942.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	HIGH RISK LOAN PREPAYMENT	Amends the High Risk Home Loan Act. Provides that the term "high risk home loan" includes certain loans that exceed an amount established by federal regulation. Defines the terms "prepayment penalty" and "prepayment fees or penalties". Effective immediately.	us/states/il	Illinois General Assembly	99th	SB 1942	Illinois SB 1942 (99th)	bill		enacted		3	32	2	2015-02-20	2015-08-05	openstates	ocd-bill/500edcd3-e856-4b7b-86a3-ccffc78fba71	http://ilga.gov/legislation/BillStatus.asp?DocNum=1942&GAID=13&DocTypeID=SB&LegId=88817&SessionID=88&GA=99	51cc863ea090d726283e89707851baf598b7bfe69e98ef2b8e196b037389413f	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-il

Illinois SB 1942 (99th) — HIGH RISK LOAN PREPAYMENT

Amends the High Risk Home Loan Act. Provides that the term "high risk home loan" includes certain loans that exceed an amount established by federal regulation. Defines the terms "prepayment penalty" and "prepayment fees or penalties". 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

• Third Reading — 113–0 (pass) · lower
• Third Reading — 43–0 (pass) · upper

Sponsors

• Camille Y. Lilly — cosponsor (person)
• Michael E. Hastings — primary (person)

Timeline

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

• 2015-02-20 Filed with Secretary by Sen. Michael E. Hastings filing
• 2015-02-20 First Reading reading-1
• 2015-02-20 Referred to Assignments referral-committee
• 2015-03-11 Assigned to Financial Institutions referral-committee
• 2015-03-19 Added as Co-Sponsor Sen. Pamela J. Althoff
• 2015-03-25 Do Pass Financial Institutions; 011-000-000 committee-passage
• 2015-03-25 Placed on Calendar Order of 2nd Reading March 26, 2015
• 2015-04-15 Second Reading reading-2
• 2015-04-15 Placed on Calendar Order of 3rd Reading April 16, 2015
• 2015-04-16 Third Reading - Passed; 043-000-000 reading-3, passage
• 2015-04-16 Arrived in House introduction
• 2015-04-16 Chief House Sponsor Rep. Marcus C. Evans, Jr.
• 2015-04-16 First Reading reading-1
• 2015-04-16 Referred to Rules Committee referral-committee
• 2015-04-27 Assigned to Financial Institutions Committee referral-committee
• 2015-05-08 Committee Deadline Extended-Rule 9(b) May 15, 2015
• 2015-05-14 Do Pass / Short Debate Financial Institutions Committee; 021-000-000 committee-passage
• 2015-05-14 Placed on Calendar 2nd Reading - Short Debate
• 2015-05-15 Added Alternate Chief Co-Sponsor Rep. Cynthia Soto
• 2015-05-15 Added Alternate Chief Co-Sponsor Rep. Adam Brown
• 2015-05-15 Added Alternate Chief Co-Sponsor Rep. Arthur Turner
• 2015-05-15 Added Alternate Chief Co-Sponsor Rep. C.D. Davidsmeyer
• 2015-05-20 Second Reading - Short Debate reading-2
• 2015-05-20 Placed on Calendar Order of 3rd Reading - Short Debate
• 2015-05-22 Final Action Deadline Extended-9(b) May 31, 2015
• 2015-05-29 Third Reading - Short Debate - Passed 113-000-001 reading-3, passage
• 2015-05-29 Added Alternate Co-Sponsor Rep. Camille Y. Lilly
• 2015-05-29 Passed Both Houses
• 2015-06-26 Sent to the Governor executive-receipt
• 2015-08-05 Governor Approved executive-signature
• 2015-08-05 Effective Date August 5, 2015
• 2015-08-05 Public Act . . . . . . . . . 99-0288 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/500edcd3-e856-4b7b-86a3-ccffc78fba71. Confidence: reported (aggregated from official Illinois legislature records).