SB 1578

  • Illinois Senate Bill
  • 96th Regular Session
  • Introduced in Senate Apr 03, 2009
  • Passed Senate Apr 02, 2009
  • Passed House Mar 24, 2010
  • Signed by Governor Apr 13, 2010

Credit Agreements Act-Tech

Abstract

Amends the Credit Agreements Act. Provides that specified provisions shall not constitute a defense to a claim that arises out of bad faith conduct intended to unjustly benefit a creditor or a third party. Provides that the mere failure by a creditor to enter into a credit agreement with or to provide a written commitment to a debtor, without more, shall not constitute bad faith under specified provisions. Provides for the legislative intent of the General Assembly and that certain provisions apply to pending actions as well as actions commenced on or after the effective date of the amendatory Act. Effective immediately.

Bill Sponsors (34)

Votes


Actions


Apr 13, 2010

Senate

Effective Date April 13, 2010

Senate

Governor Approved

Senate

Public Act . . . . . . . . . 96-0888

Apr 09, 2010

Senate

Sent to the Governor

Mar 25, 2010

Senate

Passed Both Houses

Senate

Added as Co-Sponsor Sen. Kwame Raoul

Senate

House Committee Amendment No. 1 Senate Concurs 057-000-000

Senate

Added as Co-Sponsor Sen. Jacqueline Y. Collins

Mar 24, 2010

Senate

Added as Co-Sponsor Sen. Ira I. Silverstein

Senate

Added as Co-Sponsor Sen. Mattie Hunter

Senate

Added as Co-Sponsor Sen. Gary Forby

Senate

Added as Co-Sponsor Sen. Dan Kotowski

Senate

Added as Co-Sponsor Sen. Michael W. Frerichs

Senate

Added as Chief Co-Sponsor Sen. Toi W. Hutchinson

Senate

Added as Chief Co-Sponsor Sen. Michael Bond

Senate

Added as Chief Co-Sponsor Sen. Linda Holmes

Senate

Added as Chief Co-Sponsor Sen. Deanna Demuzio

Senate

House Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive

Senate

House Committee Amendment No. 1 Motion to Concur Referred to Assignments

Senate

House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Michael Noland

House

Added Alternate Co-Sponsor Rep. Franco Coladipietro

House

Added Alternate Co-Sponsor Rep. Sandy Cole

House

Added Alternate Co-Sponsor Rep. Renée Kosel

House

Added Alternate Co-Sponsor Rep. John D. Cavaletto

House

Added Alternate Co-Sponsor Rep. Rosemary Mulligan

House

Added Alternate Co-Sponsor Rep. Patricia R. Bellock

House

Added Alternate Co-Sponsor Rep. Sidney H. Mathias

House

Added Alternate Co-Sponsor Rep. Rich Brauer

House

Added Alternate Co-Sponsor Rep. Dennis M. Reboletti

House

Added Alternate Co-Sponsor Rep. Sandra M. Pihos

House

Added Alternate Co-Sponsor Rep. Michael G. Connelly

House

Added Alternate Co-Sponsor Rep. Kay Hatcher

House

Added Alternate Co-Sponsor Rep. Darlene J. Senger

Senate

Placed on Calendar Order of Concurrence House Amendment(s) 1 - March 25, 2010

Senate

Secretary's Desk - Concurrence House Amendment(s) 1

House

Added Alternate Co-Sponsor Rep. Linda Chapa LaVia

House

Added Alternate Co-Sponsor Rep. Jack D. Franks

House

Added Alternate Co-Sponsor Rep. John D'Amico

House

Added Alternate Co-Sponsor Rep. Luis Arroyo

House

Added Alternate Co-Sponsor Rep. Paul D. Froehlich

House

Added Alternate Co-Sponsor Rep. Cynthia Soto

House

Added Alternate Co-Sponsor Rep. Maria Antonia Berrios

House

Added Alternate Co-Sponsor Rep. Lou Lang

House

Third Reading - Short Debate - Passed 117-000-000

House

Placed on Calendar Order of 3rd Reading - Short Debate

Senate

House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 012-001-000

Senate

Added as Co-Sponsor Sen. Kimberly A. Lightford

Senate

Added as Co-Sponsor Sen. John M. Sullivan

Senate

Added as Co-Sponsor Sen. Martin A. Sandoval

Senate

Added as Co-Sponsor Sen. Emil Jones, III

Senate

Added as Co-Sponsor Sen. M. Maggie Crotty

Mar 23, 2010

House

Added Alternate Co-Sponsor Rep. LaShawn K. Ford

House

Added Alternate Co-Sponsor Rep. Lisa M. Dugan

House

Added Alternate Co-Sponsor Rep. Karen May

Mar 22, 2010

House

Second Reading - Short Debate

House

Held on Calendar Order of Second Reading - Short Debate

Mar 19, 2010

House

Added Alternate Co-Sponsor Rep. Deborah Mell

House

Added Alternate Co-Sponsor Rep. Joseph M. Lyons

House

Added Alternate Co-Sponsor Rep. Fred Crespo

House

Added Alternate Co-Sponsor Rep. Jehan A. Gordon

House

Added Alternate Co-Sponsor Rep. Emily McAsey

House

Added Alternate Co-Sponsor Rep. Mark L. Walker

House

Added Alternate Chief Co-Sponsor Rep. Carol A. Sente

House

Added Alternate Chief Co-Sponsor Rep. Michael K. Smith

House

Added Alternate Chief Co-Sponsor Rep. Keith Farnham

House

Added Alternate Co-Sponsor Rep. Monique D. Davis

Mar 18, 2010

House

House Committee Amendment No. 1 Filed with Clerk by Revenue & Finance Committee

House

Added Alternate Co-Sponsor Rep. Charles E. Jefferson

House

Added Alternate Co-Sponsor Rep. Eddie Washington

Senate

Chief Sponsor Changed to Sen. Michael Noland

House

Placed on Calendar 2nd Reading - Short Debate

House

Do Pass as Amended / Short Debate Revenue & Finance Committee; 012-000-000

House

House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote

Mar 17, 2010

House

Added Alternate Chief Co-Sponsor Rep. Robert F. Flider

Mar 12, 2010

House

Assigned to Revenue & Finance Committee

House

Alternate Chief Sponsor Changed to Rep. Michael J. Madigan

May 31, 2009

House

Rule 19(a) / Re-referred to Rules Committee

May 29, 2009

House

Final Action Deadline Extended-9(b) May 31, 2009

May 22, 2009

House

Final Action Deadline Extended-9(b) May 29, 2009

May 08, 2009

House

Committee/Final Action Deadline Extended-9(b) May 22, 2009

Apr 22, 2009

House

Alternate Chief Sponsor Changed to Rep. James D. Brosnahan

Apr 20, 2009

House

Assigned to Executive Committee

Apr 06, 2009

House

First Reading

House

Referred to Rules Committee

Apr 03, 2009

House

Placed on Calendar Order of First Reading

House

Chief House Sponsor Rep. Robert W. Pritchard

House

Arrived in House

Apr 02, 2009

Senate

Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)

Senate

Third Reading - Passed; 055-000-000

Mar 31, 2009

Senate

Senate Floor Amendment No. 2 Recommend Do Adopt Judiciary; 007-000-000

Senate

Placed on Calendar Order of 3rd Reading April 1, 2009

Senate

Senate Floor Amendment No. 2 Adopted; Wilhelmi

Senate

Second Reading

Mar 30, 2009

Senate

Senate Floor Amendment No. 2 Assignments Refers to Judiciary

Mar 25, 2009

Senate

Senate Floor Amendment No. 1 Referred to Assignments

Senate

Senate Floor Amendment No. 2 Referred to Assignments

Senate

Senate Floor Amendment No. 2 Filed with Secretary by Sen. A. J. Wilhelmi

Senate

Senate Floor Amendment No. 1 Filed with Secretary by Sen. A. J. Wilhelmi

Mar 11, 2009

Senate

Placed on Calendar Order of 2nd Reading March 12, 2009

Senate

Do Pass Judiciary; 008-000-000

Mar 05, 2009

Senate

Postponed - Judiciary

Feb 25, 2009

Senate

Assigned to Judiciary

Feb 19, 2009

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. A. J. Wilhelmi

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML
Enrolled HTML

Related Documents

Document Format
Public Act
House Amendment 001
Senate Amendment 002
Senate Amendment 001

Sources

Data on Open States is updated nightly from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.