Fabio
88 lines
4.9 KiB
Markdown
88 lines
4.9 KiB
Markdown
---
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type: "Bill"
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title: "INS INSOLVENCY FED HOME LOAN"
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description: "Amends the Illinois Insurance Code. Provides that during a conservation, rehabilitation, or liquidation proceeding, a Federal Home Loan Bank shall not be stayed, enjoined, or prohibited from exercising or enforcing any right or cause of action regarding collateral pledged under any security agreement or any pledge, security, collateral, or guarantee agreement or any other similar arrangement or credit enhancement relating to the Federal Home Loan Bank security agreement. Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "100th"
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identifier: "SB 1297"
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citation: "Illinois SB 1297 (100th)"
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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: 28
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vote_count: 2
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first_action: "2017-02-09"
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last_action: "2017-08-11"
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source: "openstates"
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source_identifier: "ocd-bill/8028b632-4f15-462f-ae5d-ddf9e7ca3dc9"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=1297&GAID=14&DocTypeID=SB&LegId=103583&SessionID=91&GA=100"
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source_hash: "bc93037e5d22e592ba6b6d8491020d1e108519e89c96f7d8e45dac3100dbf3cf"
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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 1297 (100th) — INS INSOLVENCY FED HOME LOAN
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Amends the Illinois Insurance Code. Provides that during a conservation, rehabilitation, or liquidation proceeding, a Federal Home Loan Bank shall not be stayed, enjoined, or prohibited from exercising or enforcing any right or cause of action regarding collateral pledged under any security agreement or any pledge, security, collateral, or guarantee agreement or any other similar arrangement or credit enhancement relating to the Federal Home Loan Bank security agreement. 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=10000SB1297&GA=100&SessionId=91&DocTypeId=SB&LegID=103583&DocNum=1297&GAID=14&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10000SB1297eng&GA=100&SessionId=91&DocTypeId=SB&LegID=103583&DocNum=1297&GAID=14&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10000SB1297enr&GA=100&SessionId=91&DocTypeId=SB&LegID=103583&DocNum=1297&GAID=14&Session=&print=true)
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## Votes
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- Third Reading — **57–0** (pass) · upper
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- Third Reading — **108–0** (pass) · lower
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## Sponsors
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- John G. Mulroe — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2017-02-09** Filed with Secretary by Sen. John G. Mulroe `filing`
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- **2017-02-09** First Reading `reading-1`
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- **2017-02-09** Referred to Assignments `referral-committee`
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- **2017-02-15** Assigned to Financial Institutions `referral-committee`
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- **2017-03-07** Senate Committee Amendment No. 1 Filed with Secretary by Sen. John G. Mulroe `amendment-introduction`
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- **2017-03-07** Senate Committee Amendment No. 1 Referred to Assignments `referral-committee`
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- **2017-03-14** Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
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- **2017-03-15** Senate Committee Amendment No. 1 Adopted `amendment-passage`
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- **2017-03-15** Do Pass as Amended Financial Institutions; 008-000-000 `committee-passage`
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- **2017-03-15** Placed on Calendar Order of 2nd Reading March 16, 2017
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- **2017-03-30** Second Reading `reading-2`
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- **2017-03-30** Placed on Calendar Order of 3rd Reading April 4, 2017
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- **2017-04-26** Third Reading - Passed; 057-000-000 `reading-3, passage`
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- **2017-04-26** Arrived in House `introduction`
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- **2017-04-26** Chief House Sponsor Rep. Elaine Nekritz
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- **2017-04-26** First Reading `reading-1`
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- **2017-04-26** Referred to Rules Committee `referral-committee`
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- **2017-05-03** Assigned to Financial Institutions Committee `referral-committee`
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- **2017-05-09** Do Pass / Short Debate Financial Institutions Committee; 012-000-000 `committee-passage`
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- **2017-05-10** Placed on Calendar 2nd Reading - Short Debate
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- **2017-05-11** Second Reading - Short Debate `reading-2`
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- **2017-05-11** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2017-05-15** Third Reading - Short Debate - Passed 108-000-000 `reading-3, passage`
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- **2017-05-15** Passed Both Houses
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- **2017-06-13** Sent to the Governor `executive-receipt`
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- **2017-08-11** Governor Approved `executive-signature`
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- **2017-08-11** Effective Date August 11, 2017
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- **2017-08-11** Public Act . . . . . . . . . 100-0089 `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/8028b632-4f15-462f-ae5d-ddf9e7ca3dc9`. Confidence: reported (aggregated from official Illinois legislature records).
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