Fabio
98 lines
5.0 KiB
Markdown
98 lines
5.0 KiB
Markdown
---
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type: "Bill"
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title: "COLLATRAL PROT SERVICER COMPLY"
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description: "Amends the Collateral Protection Act. Provides that a servicer subject to regulations issued by the Consumer Financial Protection Bureau under the Dodd-Frank Act that places hazard insurance in substantial compliance with those regulations shall be deemed in substantial compliance with this Act. Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "98th"
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identifier: "SB 3423"
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citation: "Illinois SB 3423 (98th)"
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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: 36
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vote_count: 2
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first_action: "2014-02-14"
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last_action: "2014-08-26"
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source: "openstates"
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source_identifier: "ocd-bill/979029f2-94b5-44d3-b907-b25802579f48"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3423&GAID=12&DocTypeID=SB&LegId=80732&SessionID=85&GA=98"
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source_hash: "72f3a3f51b324e70aa4d7ea1fb8ef4de3fd9c127732bc7e04d13ac4fce7da0c1"
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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 3423 (98th) — COLLATRAL PROT SERVICER COMPLY
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Amends the Collateral Protection Act. Provides that a servicer subject to regulations issued by the Consumer Financial Protection Bureau under the Dodd-Frank Act that places hazard insurance in substantial compliance with those regulations shall be deemed in substantial compliance with this Act. 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=09800SB3423&GA=98&SessionId=85&DocTypeId=SB&LegID=80732&DocNum=3423&GAID=12&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800SB3423eng&GA=98&SessionId=85&DocTypeId=SB&LegID=80732&DocNum=3423&GAID=12&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800SB3423enr&GA=98&SessionId=85&DocTypeId=SB&LegID=80732&DocNum=3423&GAID=12&Session=&print=true)
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## Votes
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- Third Reading — **55–0** (pass) · upper
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- Third Reading — **111–0** (pass) · lower
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## Sponsors
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- Anthony DeLuca — cosponsor (person)
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- John M. Sullivan — primary (person)
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- Michael Unes — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2014-02-14** Filed with Secretary by Sen. John M. Sullivan `filing`
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- **2014-02-14** First Reading `reading-1`
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- **2014-02-14** Referred to Assignments `referral-committee`
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- **2014-02-25** Added as Chief Co-Sponsor Sen. Don Harmon
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- **2014-02-25** Assigned to Financial Institutions `referral-committee`
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- **2014-03-05** Do Pass Financial Institutions; 006-000-000 `committee-passage`
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- **2014-03-05** Placed on Calendar Order of 2nd Reading March 6, 2014
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- **2014-03-20** Second Reading `reading-2`
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- **2014-03-20** Placed on Calendar Order of 3rd Reading March 21, 2014
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- **2014-04-09** Third Reading - Passed; 055-000-000 `reading-3, passage`
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- **2014-04-09** Arrived in House `introduction`
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- **2014-04-09** Chief House Sponsor Rep. André M. Thapedi
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- **2014-04-09** First Reading `reading-1`
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- **2014-04-09** Referred to Rules Committee `referral-committee`
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- **2014-04-28** Added Alternate Co-Sponsor Rep. Ron Sandack
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- **2014-04-28** Assigned to Insurance Committee `referral-committee`
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- **2014-04-29** Added Alternate Chief Co-Sponsor Rep. Monique D. Davis
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- **2014-04-29** Added Alternate Co-Sponsor Rep. Rich Brauer
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- **2014-05-02** Alternate Co-Sponsor Removed Rep. Ron Sandack
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- **2014-05-02** Alternate Co-Sponsor Removed Rep. Rich Brauer
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- **2014-05-02** Added Alternate Chief Co-Sponsor Rep. Rich Brauer
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- **2014-05-02** Added Alternate Chief Co-Sponsor Rep. Ron Sandack
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- **2014-05-02** Added Alternate Chief Co-Sponsor Rep. Maria Antonia Berrios
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- **2014-05-02** Added Alternate Co-Sponsor Rep. Michael Unes
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- **2014-05-06** Added Alternate Co-Sponsor Rep. Anthony DeLuca
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- **2014-05-06** Do Pass / Short Debate Insurance Committee; 023-000-000 `committee-passage`
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- **2014-05-07** Placed on Calendar 2nd Reading - Short Debate
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- **2014-05-15** Second Reading - Short Debate `reading-2`
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- **2014-05-15** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2014-05-23** Final Action Deadline Extended-9(b) May 30, 2014
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- **2014-05-30** Third Reading - Short Debate - Passed 111-000-001 `reading-3, passage`
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- **2014-05-30** Passed Both Houses
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- **2014-06-27** Sent to the Governor `executive-receipt`
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- **2014-08-26** Governor Approved `executive-signature`
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- **2014-08-26** Effective Date August 26, 2014
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- **2014-08-26** Public Act . . . . . . . . . 98-1120 `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/979029f2-94b5-44d3-b907-b25802579f48`. Confidence: reported (aggregated from official Illinois legislature records).
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