Illinois · House Bill 4921 · 103rd General Assembly

HOME EQUITY ASSURANCE-LOANS

HB 4921 Sponsored by Lindsey LaPointe Became law

  1. Introduced Feb 7, 2024
  2. In committee Feb 7, 2024
  3. Passed the House Apr 16, 2024
  4. Passed the Senate May 15, 2024
  5. To the governor Jun 13, 2024
  6. Became law Aug 2, 2024

What it does

The legislature's own summary of the bill, or its official long title.

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…

Read the full title (126 words)

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.

Every action

38 steps, oldest first, as the legislature records them.

Show the 30 earlier steps
  1. HouseFiled with the Clerk by Rep. Lindsey LaPointe
  2. HouseFirst Reading
  3. CommitteeReferred to Rules Committee · House Rules
  4. CommitteeAssigned to Housing · House Housing
  5. HouseAdded Chief Co-Sponsor Rep. Will Guzzardi
  6. CommitteeDo Pass / Short Debate Housing; 012-005-000 · House Housing
  7. HousePlaced on Calendar 2nd Reading - Short Debate
  8. HouseSecond Reading - Short Debate
  9. HousePlaced on Calendar Order of 3rd Reading - Short Debate
  10. HouseAdded Co-Sponsor Rep. Theresa Mah
  11. HouseAdded Co-Sponsor Rep. Lilian Jiménez
  12. HouseAdded Co-Sponsor Rep. Sonya M. Harper
  13. HouseAdded Co-Sponsor Rep. Brad Stephens
  14. HouseAdded Chief Co-Sponsor Rep. Eva-Dina Delgado
  15. HouseAdded Chief Co-Sponsor Rep. Aaron M. Ortiz
  16. HouseAdded Chief Co-Sponsor Rep. Angelica Guerrero-Cuellar
  17. HouseThird Reading - Short Debate - Passed 073-038-000
  18. SenateArrive in Senate
  19. SenatePlaced on Calendar Order of First Reading
  20. SenateChief Senate Sponsor Sen. Robert F. Martwick
  21. SenateFirst Reading
  22. CommitteeReferred to Assignments · Senate Assignments
  23. CommitteeAssigned to Judiciary · Senate Judiciary
  24. CommitteeDo Pass Judiciary; 009-000-000 · Senate Judiciary
  25. SenatePlaced on Calendar Order of 2nd Reading May 2, 2024
  26. SenateSecond Reading
  27. SenatePlaced on Calendar Order of 3rd Reading May 7, 2024
  28. SenateThird Reading - Passed; 040-015-000
  29. HousePassed Both Houses
  30. SenateAdded as Alternate Co-Sponsor Sen. Cristina Castro
  1. SenateAdded as Alternate Co-Sponsor Sen. Rachel Ventura
  2. SenateAdded as Alternate Co-Sponsor Sen. Adriane Johnson
  3. SenateAdded as Alternate Co-Sponsor Sen. Mary Edly-Allen
  4. SenateAdded as Alternate Co-Sponsor Sen. Emil Jones, III
  5. HouseSent to the Governor
  6. HouseGovernor Approved
  7. HouseEffective Date January 1, 2025
  8. HousePublic Act . . . . . . . . . 103-0737

Roll calls

4 recorded votes: 2 on the floor, 2 in committee. Each shows how every member voted.

Third Reading · Full House

Passed 73–38
Apr 16, 2024 · journal entry
Yes 73 No 38 Not voting 7
Democrats: 73 yes, 0 no Republicans: 0 yes, 38 no
How each member voted

Yes · 73

No · 38

Not voting · 1

Absent · 1

Excused · 5

Third Reading · Full Senate

Passed 40–15
May 15, 2024 · journal entry
Yes 40 No 15 Not voting 4
Democrats: 38 yes, 0 no Republicans: 2 yes, 15 no
How each member voted

Yes · 40

No · 15

Not voting · 4

Committee and other votes

DateWhereQuestionResult
Mar 21, 2024 House Housing Housing - Do Pass
Members

Yes · 12

No · 5

Not voting · 1

 Passed 12–5
Apr 30, 2024 Senate Judiciary Judiciary - Do Pass
Members

Yes · 9

 9–0

Sponsors

The member who introduced it, joined by 13 cosponsors: 12 Democrats, 1 Republican.

All 13 cosponsors

From Illinois's official records (www.ilga.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.