Illinois Senate Bill 3180 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Engrossed) [HTML]

Amends the Title Insurance Act to add an exception to the prohibition against a title insurance company, title insurance agent, or independent escrowee making disbursements in connection with any escrows, settlements, or closings out of a fiduciary trust account or accounts if the funds are good funds and the title insurance company, title insurance agent, or independent escrowee and the financial institution, as defined by the Act, are known to each other and agree to the use of these funds

TITLE INS-SETTLEMENT FUNDS

Sen. John Mulroe [D]

Rep. Louis Lang [D]

2012-03-28 - Senate - Third Reading in Senate (Y: 51 N: 1 NV: 7 Abs: 0) [PASS]

Date	Chamber	Action
2013-01-08	Senate	Session Sine Die
2012-11-09	House	Assigned to Executive Committee
2012-11-09	House	Final Action Deadline Extended-9(b) January 8, 2013
2012-03-28	House	Referred to Rules Committee
2012-03-28	House	First Reading
2012-03-28	House	Placed on Calendar Order of First Reading
2012-03-28	House	Chief House Sponsor Rep. Lou Lang
2012-03-28	House	Arrived in House
2012-03-28	Senate	Third Reading - Passed; 051-001-001
2012-03-23	Senate	Placed on Calendar Order of 3rd Reading March 26, 2012
2012-03-23	Senate	Second Reading
2012-03-01	Senate	Placed on Calendar Order of 2nd Reading March 6, 2012
2012-03-01	Senate	Do Pass Financial Institutions; 010-000-000
2012-02-22	Senate	Assigned to Financial Institutions
2012-02-01	Senate	Referred to Assignments
2012-02-01	Senate	First Reading
2012-02-01	Senate	Filed with Secretary by Sen. John G. Mulroe

Chapter	Article	Section	Citation Type	Statute Text
215	155	26	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3180&GAID=11&DocTypeID=SB&SessionID=84&GA=97
Text	https://www.ilga.gov/legislation/97/SB/09700SB3180.htm
Text	https://www.ilga.gov/legislation/97/SB/09700SB3180eng.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/97/senate/09700SB3180_03282012_049000T.pdf