Fabio
114 lines
6.4 KiB
Markdown
114 lines
6.4 KiB
Markdown
---
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type: "Bill"
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title: "HOME EQUITY ASSURANCE-LOANS"
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description: "Amends the Home Equity Assurance Act. In provisions authoring a governing commission with no less than $4,000,000 in its guarantee fund to establish a Low Interest Home Improvement Loan Program, provides that the loan may be used for repair or maintenance of a guaranteed residence's water and sewer pipes and repair of a guaranteed residence, including, but not limited to, basement repairs, following flooding damage or other natural disaster damage to the property (rather than following flooding damage to the property). Provides that a commission may use loan funds to issue a grant or rebate for repairs, maintenance, remodeling, alteration, or improvement of a guaranteed residence for purposes of preventing or repairing damage as a result of a natural disaster, including, but not limited to, flooding."
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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 4921"
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citation: "Illinois HB 4921 (103rd)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Lindsey LaPointe", "Robert F. Martwick"]
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version_count: 3
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action_count: 38
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vote_count: 4
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first_action: "2024-02-07"
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last_action: "2024-08-05"
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source: "openstates"
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source_identifier: "ocd-bill/e359e9a1-670b-4a22-b994-5f551ba4b8c1"
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source_url: "https://beta.ilga.gov/Legislation/BillStatus?DocNum=4921&GAID=17&DocTypeID=HB&LegId=152798&SessionID=112"
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source_hash: "f30b19fcc38040c0bf7cdee0e919e1fe98bd63d48aa01d3041389df0b1049fac"
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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 4921 (103rd) — HOME EQUITY ASSURANCE-LOANS
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Amends the Home Equity Assurance Act. In provisions authoring a governing commission with no less than $4,000,000 in its guarantee fund to establish a Low Interest Home Improvement Loan Program, provides that the loan may be used for repair or maintenance of a guaranteed residence's water and sewer pipes and repair of a guaranteed residence, including, but not limited to, basement repairs, following flooding damage or other natural disaster damage to the property (rather than following flooding damage to the property). Provides that a commission may use loan funds to issue a grant or rebate for repairs, maintenance, remodeling, alteration, or improvement of a guaranteed residence for purposes of preventing or repairing damage as a result of a natural disaster, including, but not limited to, flooding.
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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/10300HB4921.pdf)
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2. **Engrossed** (committee substitute) — [source](https://beta.ilga.gov/documents/legislation/103/HB/PDF/10300HB4921eng.pdf)
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3. **Enrolled** (enrolled) — [source](https://beta.ilga.gov/documents/legislation/103/HB/PDF/10300HB4921enr.pdf)
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## Votes
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- Housing — **12–5** (pass) · lower
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- Third Reading — **40–15** (pass) · lower
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- Judiciary — **9–0** (pass) · lower
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- Third Reading — **73–38** (pass) · lower
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## Sponsors
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- Lindsey LaPointe — primary (person)
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- Robert F. Martwick — primary (person)
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- Aarón M. Ortíz — cosponsor (person)
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- Adriane Johnson — cosponsor (person)
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- Angelica Guerrero-Cuellar — cosponsor (person)
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- Brad Stephens — cosponsor (person)
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- Cristina Castro — cosponsor (person)
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- Emil Jones and III — cosponsor (person)
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- Eva-Dina Delgado — cosponsor (person)
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- Lilian Jiménez — cosponsor (person)
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- Mary Edly-Allen — cosponsor (person)
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- Rachel Ventura — cosponsor (person)
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- Sonya M. Harper — cosponsor (person)
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- Theresa Mah — cosponsor (person)
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- Will Guzzardi — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2024-02-07** Filed with the Clerk by Rep. Lindsey LaPointe `filing`
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- **2024-02-07** First Reading `reading-1`
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- **2024-02-07** Referred to Rules Committee
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- **2024-03-05** Assigned to Housing `referral-committee`
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- **2024-03-21** Added Chief Co-Sponsor Rep. Will Guzzardi
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- **2024-03-21** Do Pass / Short Debate Housing; 012-005-000
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- **2024-03-21** Placed on Calendar 2nd Reading - Short Debate `reading-2`
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- **2024-04-11** Second Reading - Short Debate `reading-2`
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- **2024-04-11** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2024-04-16** Added Co-Sponsor Rep. Theresa Mah
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- **2024-04-16** Added Co-Sponsor Rep. Lilian Jiménez
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- **2024-04-16** Added Co-Sponsor Rep. Sonya M. Harper
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- **2024-04-16** Added Co-Sponsor Rep. Brad Stephens
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- **2024-04-16** Added Chief Co-Sponsor Rep. Eva-Dina Delgado
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- **2024-04-16** Added Chief Co-Sponsor Rep. Aarón M. Ortíz
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- **2024-04-16** Added Chief Co-Sponsor Rep. Angelica Guerrero-Cuellar
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- **2024-04-16** Third Reading - Short Debate - Passed 073-038-000 `passage, reading-3`
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- **2024-04-17** Arrive in Senate `introduction`
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- **2024-04-17** Placed on Calendar Order of First Reading `reading-1`
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- **2024-04-17** Chief Senate Sponsor Sen. Robert F. Martwick
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- **2024-04-17** First Reading `reading-1`
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- **2024-04-17** Referred to Assignments
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- **2024-04-24** Assigned to Judiciary `referral-committee`
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- **2024-05-01** Do Pass Judiciary; 009-000-000
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- **2024-05-01** Placed on Calendar Order of 2nd Reading May 2, 2024 `reading-2`
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- **2024-05-02** Second Reading `reading-2`
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- **2024-05-02** Placed on Calendar Order of 3rd Reading May 7, 2024
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- **2024-05-15** Third Reading - Passed; 040-015-000 `passage, reading-3`
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- **2024-05-15** Passed Both Houses
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- **2024-05-24** Added as Alternate Co-Sponsor Sen. Cristina Castro
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- **2024-05-24** Added as Alternate Co-Sponsor Sen. Rachel Ventura
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- **2024-05-24** Added as Alternate Co-Sponsor Sen. Adriane Johnson
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- **2024-05-24** Added as Alternate Co-Sponsor Sen. Mary Edly-Allen
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- **2024-05-25** Added as Alternate Co-Sponsor Sen. Emil Jones, III
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- **2024-06-13** Sent to the Governor `executive-receipt`
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- **2024-08-02** Governor Approved `executive-signature`
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- **2024-08-02** Effective Date January 1, 2025
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- **2024-08-05** Public Act . . . . . . . . . 103-0737 `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/e359e9a1-670b-4a22-b994-5f551ba4b8c1`. Confidence: reported (aggregated from official Illinois legislature records).
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