TITLE INS-SETTLEMENT FUNDS Senate SponsorsSen. John G. Mulroe House Sponsors(Rep. Lou Lang) 1/8/2013SenateSession Sine Die 215 ILCS 155/26Amends 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 2/1/2012SenateFiled with Secretary by Sen. John G. Mulroe 2/1/2012SenateFirst Reading 2/1/2012SenateReferred to Assignments 2/22/2012SenateAssigned to Financial Institutions 3/1/2012SenateDo Pass Financial Institutions; 010-000-000 3/1/2012SenatePlaced on Calendar Order of 2nd Reading March 6, 2012 3/23/2012SenateSecond Reading 3/23/2012SenatePlaced on Calendar Order of 3rd Reading March 26, 2012 3/28/2012SenateThird Reading - Passed; 051-001-001 3/28/2012HouseArrived in House 3/28/2012HouseChief House Sponsor Rep. Lou Lang 3/28/2012HousePlaced on Calendar Order of First Reading 3/28/2012HouseFirst Reading 3/28/2012HouseReferred to Rules Committee 11/9/2012HouseFinal Action Deadline Extended-9(b) January 8, 2013 11/9/2012HouseAssigned to Executive Committee 1/8/2013SenateSession Sine Die