Fabio
105 lines
5.6 KiB
Markdown
105 lines
5.6 KiB
Markdown
---
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type: "Bill"
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title: "MORTGAGE LOANS-REMOTE LOCATION"
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description: "Amends the Residential Mortgage License Act of 1987. Provides that each full service office (rather than office, place of business, or location) at which a residential mortgage licensee conducts any part of his or her business must be recorded with the Secretary of Financial and Professional Regulation. Provides that licensees may allow mortgage loan originators to work from a remote location if specified conditions are met. Provides that \"full service office\" does not include a remote location. Defines \"remote location\"."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "103rd"
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identifier: "HB 2325"
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citation: "Illinois HB 2325 (103rd)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Laura Ellman", "Margaret Croke"]
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version_count: 3
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action_count: 37
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vote_count: 4
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first_action: "2023-02-14"
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last_action: "2023-06-30"
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source: "openstates"
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source_identifier: "ocd-bill/a6a972d5-703a-4391-a226-284f58f7c836"
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source_url: "https://beta.ilga.gov/Legislation/BillStatus?DocNum=2325&GAID=17&DocTypeID=HB&LegId=147391&SessionID=112"
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source_hash: "d2e6f3284f86169f66011ad4bdb264cedb46b20cbc23223acc04c42f7c57ab06"
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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 HB 2325 (103rd) — MORTGAGE LOANS-REMOTE LOCATION
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Amends the Residential Mortgage License Act of 1987. Provides that each full service office (rather than office, place of business, or location) at which a residential mortgage licensee conducts any part of his or her business must be recorded with the Secretary of Financial and Professional Regulation. Provides that licensees may allow mortgage loan originators to work from a remote location if specified conditions are met. Provides that "full service office" does not include a remote location. Defines "remote location".
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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](https://beta.ilga.gov/documents/legislation/103/HB/PDF/10300HB2325.pdf)
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2. **Engrossed** (committee substitute) — [source](https://beta.ilga.gov/documents/legislation/103/HB/PDF/10300HB2325eng.pdf)
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3. **Enrolled** (enrolled) — [source](https://beta.ilga.gov/documents/legislation/103/HB/PDF/10300HB2325enr.pdf)
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## Votes
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- Financial Institutions — **8–0** (pass) · lower
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- Third Reading — **56–0** (pass) · lower
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- Third Reading — **112–0** (pass) · lower
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- Financial Institutions & Licensing — **11–0** (pass) · lower
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## Sponsors
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- Laura Ellman — primary (person)
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- Margaret Croke — primary (person)
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- Dagmara Avelar — cosponsor (person)
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- Marcus C. Evans, Jr. — cosponsor (person)
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- Mark L. Walker — cosponsor (person)
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- Maurice A. West, II — cosponsor (person)
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- Michael E. Hastings — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2023-02-14** Filed with the Clerk by Rep. Margaret Croke `filing`
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- **2023-02-14** First Reading `reading-1`
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- **2023-02-14** Referred to Rules Committee
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- **2023-02-21** Assigned to Financial Institutions and Licensing Committee `referral-committee`
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- **2023-02-28** Added Co-Sponsor Rep. Maurice A. West, II
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- **2023-02-28** Do Pass / Short Debate Financial Institutions and Licensing Committee; 011-000-000
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- **2023-02-28** Removed Co-Sponsor Rep. Maurice A. West, II
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- **2023-03-01** Placed on Calendar 2nd Reading - Short Debate `reading-2`
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- **2023-03-06** Added Co-Sponsor Rep. Dagmara Avelar
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- **2023-03-06** Removed Co-Sponsor Rep. Dagmara Avelar
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- **2023-03-07** Added Co-Sponsor Rep. Marcus C. Evans, Jr.
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- **2023-03-07** Removed Co-Sponsor Rep. Marcus C. Evans, Jr.
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- **2023-03-14** Second Reading - Short Debate `reading-2`
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- **2023-03-14** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2023-03-15** Added Chief Co-Sponsor Rep. Maurice A. West, II
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- **2023-03-15** Added Chief Co-Sponsor Rep. Dagmara Avelar
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- **2023-03-15** Added Chief Co-Sponsor Rep. Marcus C. Evans, Jr.
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- **2023-03-15** Added Chief Co-Sponsor Rep. Mark L. Walker
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- **2023-03-21** Third Reading - Short Debate - Passed 112-000-000 `passage, reading-3`
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- **2023-03-22** Arrive in Senate `introduction`
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- **2023-03-22** Placed on Calendar Order of First Reading `reading-1`
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- **2023-03-22** Chief Senate Sponsor Sen. Laura Ellman
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- **2023-03-22** First Reading `reading-1`
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- **2023-03-22** Referred to Assignments
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- **2023-04-12** Assigned to Financial Institutions `referral-committee`
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- **2023-04-26** Do Pass Financial Institutions; 008-000-000
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- **2023-04-26** Placed on Calendar Order of 2nd Reading April 27, 2023 `reading-2`
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- **2023-04-27** Second Reading `reading-2`
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- **2023-04-27** Placed on Calendar Order of 3rd Reading May 2, 2023
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- **2023-05-04** Added as Alternate Co-Sponsor Sen. Michael E. Hastings
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- **2023-05-05** Placed on Calendar Order of 3rd Reading ** May 8, 2023
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- **2023-05-11** Third Reading - Passed; 056-000-000 `passage, reading-3`
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- **2023-05-11** Passed Both Houses
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- **2023-06-09** Sent to the Governor `executive-receipt`
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- **2023-06-30** Governor Approved `executive-signature`
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- **2023-06-30** Effective Date January 1, 2024
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- **2023-06-30** Public Act . . . . . . . . . 103-0156 `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/a6a972d5-703a-4391-a226-284f58f7c836`. Confidence: reported (aggregated from official Illinois legislature records).
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