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Key Votes

SB 3739 - Establishing a Foreclosure Prevention Program - Key Vote

Illinois Key Votes

Mike Fortner voted Yea (Passage With Amendment) on this Legislation.

Read statements Mike Fortner made in this general time period.

Stages

Family

Issues

Note

NOTE: THIS BILL WAS AMENDED BY STRIKING THE ENTIRETY OF THE ORIGINAL TEXT AND REPLACING IT WITH THE TEXT OF THE AMENDMENT. THE DEGREE TO WHICH THE SUBSTITUTE AMENDMENT TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.

Stage Details

Legislation - Signed (Executive) -

Title: Establishing a Foreclosure Prevention Program

Signed by Governor Pat Quinn
Legislation - Concurrence Vote Passed (Senate) (48-3) -
Legislation - Bill Passed With Amendment (House) (87-26) - (Key vote)

Title: Establishing a Foreclosure Prevention Program

Vote Smart's Synopsis:

Vote to pass a bill that establishes the Foreclosure Prevention Program, establishes the Abandoned Residential Property Relief Program, and extends the "Homeowner Protection Act" (735 ILCS 5/15-1502.5).

Highlights:
-Establishes the Foreclosure Prevention Program to make grants to counseling agencies for housing counseling and to community-based organizations for foreclosure prevention outreach programs, and specifies that funds from the Foreclosure Prevention Program Fund shall be used to finance the program as follows (Sec. 5):
    -25 percent of the funds shall be used to make grants to counseling agencies that provide services in Illinois outside of Chicago; -25 percent of the funds shall be distributed to the city of Chicago to make grants to counseling agencies located within Chicago; -25 percent of the funds shall be used to make grants to community-based organizations located outside of Chicago; and -25 percent of the funds shall be used to make grants to community-based organizations located within Chicago.
-Establishes the Abandoned Residential Property Municipality Relief Program to make grants to municipalities to assist with removal costs and securing or enclosing costs , and specifies that funds from the Abandoned Residential Property Municipality Relief Fund shall be used to finance the program as follows (Sec. 5):
    -75 percent shall be distributed to municipalities other than Chicago; and -25 percent shall be distributed to the city of Chicago.
-Imposes a fee for plaintiffs filing residential real estate foreclosure complaints in an amount of $50, the proceeds of which shall be deposited into the Foreclosure Prevention Counseling Program Fund (Sec. 15). -Imposes a fee for purchasers of foreclosed residential real estate via judicial sales, excluding mortgagees, at a rate of $1 for each $1,000 or fraction thereof of the amount paid, but not to exceed $300, the proceeds of which shall be deposited into the Abandoned Residential Property Municipality Relief Fund (Sec. 15). -Extends the "Homeowner Protection Act" (735 ILCS 5/15-1502.5) so that it expires on July 1, 2013 rather than April 6, 2011 (Sec. 15). -The text of this bill was replaced by a substitute amendment sponsored by Rep. Joseph Lyons.
Legislation - Bill Passed (Senate) (46-0) -
Legislation - Introduced (Senate) -

Title: Foreclosure Prevention Program

Sponsors

Co-sponsors

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