104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026 SB2141 Introduced 2/7/2025, by Sen. Chapin Rose SYNOPSIS AS INTRODUCED: 765 ILCS 77/46 new815 ILCS 505/2A from Ch. 121 1/2, par. 262A Amends the Residential Real Property Disclosure Act. Provides that any condition, stipulation, or provision in any mortgage, promissory note, or contract directly affecting an interest in Illinois real estate shall state that Illinois law shall apply. Provides that any condition, stipulation, or provision purporting to apply the law of another state or country is void. Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that it is an unlawful practice for any person to insert a provision in any mortgage, promissory note, or other contract directly affecting a consumer's ownership of Illinois real estate which states that the law of a state or country other than Illinois shall apply, and that any such provision purporting to apply the law of another state or country in such consumer transaction is void. LRB104 08293 JRC 18344 b A BILL FOR 104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026 SB2141 Introduced 2/7/2025, by Sen. Chapin Rose SYNOPSIS AS INTRODUCED: 765 ILCS 77/46 new815 ILCS 505/2A from Ch. 121 1/2, par. 262A 765 ILCS 77/46 new 815 ILCS 505/2A from Ch. 121 1/2, par. 262A Amends the Residential Real Property Disclosure Act. Provides that any condition, stipulation, or provision in any mortgage, promissory note, or contract directly affecting an interest in Illinois real estate shall state that Illinois law shall apply. Provides that any condition, stipulation, or provision purporting to apply the law of another state or country is void. Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that it is an unlawful practice for any person to insert a provision in any mortgage, promissory note, or other contract directly affecting a consumer's ownership of Illinois real estate which states that the law of a state or country other than Illinois shall apply, and that any such provision purporting to apply the law of another state or country in such consumer transaction is void. LRB104 08293 JRC 18344 b LRB104 08293 JRC 18344 b A BILL FOR
104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026 SB2141 Introduced 2/7/2025, by Sen. Chapin Rose SYNOPSIS AS INTRODUCED:
765 ILCS 77/46 new815 ILCS 505/2A from Ch. 121 1/2, par. 262A 765 ILCS 77/46 new 815 ILCS 505/2A from Ch. 121 1/2, par. 262A
765 ILCS 77/46 new
815 ILCS 505/2A from Ch. 121 1/2, par. 262A
Amends the Residential Real Property Disclosure Act. Provides that any condition, stipulation, or provision in any mortgage, promissory note, or contract directly affecting an interest in Illinois real estate shall state that Illinois law shall apply. Provides that any condition, stipulation, or provision purporting to apply the law of another state or country is void. Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that it is an unlawful practice for any person to insert a provision in any mortgage, promissory note, or other contract directly affecting a consumer's ownership of Illinois real estate which states that the law of a state or country other than Illinois shall apply, and that any such provision purporting to apply the law of another state or country in such consumer transaction is void.
LRB104 08293 JRC 18344 b LRB104 08293 JRC 18344 b
LRB104 08293 JRC 18344 b
A BILL FOR
SB2141LRB104 08293 JRC 18344 b SB2141 LRB104 08293 JRC 18344 b
SB2141 LRB104 08293 JRC 18344 b
1 AN ACT concerning civil law.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Residential Real Property Disclosure Act is
5 amended by adding Section 46 as follows:
6 (765 ILCS 77/46 new)
7 Sec. 46. Condition, stipulation, or provision void. Any
8 condition, stipulation, or provision in any mortgage,
9 promissory note, or contract directly affecting an interest in
10 Illinois real estate shall state that Illinois law shall
11 apply. Any condition, stipulation, or provision purporting to
12 apply the law of another state or country is void.
13 Section 10. The Consumer Fraud and Deceptive Business
14 Practices Act is amended by changing Section 2A as follows:
15 (815 ILCS 505/2A) (from Ch. 121 1/2, par. 262A)
16 Sec. 2A. (1) The use or employment of any chain referral
17 sales technique, plan, arrangement or agreement whereby the
18 buyer is induced to purchase merchandise upon the seller's
19 promise or representation that if buyer will furnish seller
20 names of other prospective buyers or like or identical
21 merchandise that seller will contact the named prospective
104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026 SB2141 Introduced 2/7/2025, by Sen. Chapin Rose SYNOPSIS AS INTRODUCED:
765 ILCS 77/46 new815 ILCS 505/2A from Ch. 121 1/2, par. 262A 765 ILCS 77/46 new 815 ILCS 505/2A from Ch. 121 1/2, par. 262A
765 ILCS 77/46 new
815 ILCS 505/2A from Ch. 121 1/2, par. 262A
Amends the Residential Real Property Disclosure Act. Provides that any condition, stipulation, or provision in any mortgage, promissory note, or contract directly affecting an interest in Illinois real estate shall state that Illinois law shall apply. Provides that any condition, stipulation, or provision purporting to apply the law of another state or country is void. Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that it is an unlawful practice for any person to insert a provision in any mortgage, promissory note, or other contract directly affecting a consumer's ownership of Illinois real estate which states that the law of a state or country other than Illinois shall apply, and that any such provision purporting to apply the law of another state or country in such consumer transaction is void.
LRB104 08293 JRC 18344 b LRB104 08293 JRC 18344 b
LRB104 08293 JRC 18344 b
A BILL FOR
765 ILCS 77/46 new
815 ILCS 505/2A from Ch. 121 1/2, par. 262A
LRB104 08293 JRC 18344 b
SB2141 LRB104 08293 JRC 18344 b
SB2141- 2 -LRB104 08293 JRC 18344 b SB2141 - 2 - LRB104 08293 JRC 18344 b
SB2141 - 2 - LRB104 08293 JRC 18344 b
SB2141 - 2 - LRB104 08293 JRC 18344 b