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Illinois General Assembly · SB 1537 · Governor Approved

STUDENT LOAN SERVICING RIGHTS

Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.

Officially: “STUDENT LOAN SERVICING RIGHTS Read the full text

Official title shown verbatim from the official record. Plain-language summary coming as coverage deepens. Not legal advice.
104th General Assembly

Where it is

Show all 33 actions
Filed with Secretary by Sen. Elgie R. Sims, Jr. · Feb 4, 2025

Senate

Referred to Assignments · Feb 4, 2025

Senate

Assigned to Executive · Feb 18, 2025

Senate

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Elgie R. Sims, Jr. · Mar 5, 2025

Senate

Senate Committee Amendment No. 1 Referred to Assignments · Mar 5, 2025

Senate

Senate Committee Amendment No. 1 Assignments Refers to Executive · Mar 12, 2025

Senate

Added as Co-Sponsor Sen. Bill Cunningham · Mar 17, 2025

Senate

Added as Co-Sponsor Sen. Mattie Hunter · Mar 17, 2025

Senate

Senate Committee Amendment No. 1 Adopted · Mar 19, 2025

Senate

Do Pass as Amended Executive; 011-000-000 · Mar 19, 2025

Senate

Placed on Calendar Order of 2nd Reading March 20, 2025 · Mar 19, 2025

Senate

Placed on Calendar Order of 3rd Reading April 1, 2025 · Mar 20, 2025

Senate

Senate Floor Amendment No. 2 Filed with Secretary by Sen. Elgie R. Sims, Jr. · Apr 1, 2025

Senate

Senate Floor Amendment No. 2 Referred to Assignments · Apr 1, 2025

Senate

Senate Floor Amendment No. 2 Assignments Refers to Executive · Apr 2, 2025

Senate

Senate Floor Amendment No. 2 Recommend Do Adopt Executive; 012-000-000 · Apr 3, 2025

Senate

Recalled to Second Reading · Apr 4, 2025

Senate

Senate Floor Amendment No. 2 Adopted; Sims · Apr 4, 2025

Senate

Placed on Calendar Order of 3rd Reading · Apr 4, 2025

Senate

Arrived in House · Apr 9, 2025

House

Chief House Sponsor Rep. Maurice A. West, II · Apr 9, 2025

House

Added as Co-Sponsor Sen. Kimberly A. Lightford · Apr 9, 2025

Senate

Referred to Rules Committee · Apr 9, 2025

House

Added Alternate Co-Sponsor Rep. Katie Stuart · Apr 17, 2025

House

Assigned to Financial Institutions and Licensing Committee · Apr 17, 2025

House

Do Pass / Short Debate Financial Institutions and Licensing Committee; 012-000-000 · Apr 29, 2025

House

Placed on Calendar 2nd Reading - Short Debate · Apr 30, 2025

House

Placed on Calendar Order of 3rd Reading - Short Debate · May 16, 2025

House

Added Alternate Co-Sponsor Rep. Kevin Schmidt · May 22, 2025

House

Passed Both Houses · May 22, 2025

Senate

Sent to the Governor · Jun 20, 2025

Senate

Governor Approved · Aug 15, 2025

Senate

Effective Date August 15, 2025 · Aug 15, 2025

Senate

The numbers

7
sponsors on the bill

Sponsors

Elgie R. Sims, Jr.Bill CunninghamMattie HunterKimberly A. LightfordMaurice A. West, IIKatie StuartKevin Schmidt

Recorded votes

THIRD READINGHouse · 2025-05-22 · PASSED · NAYS 0, PRESENT 0, YEAS 114
THIRD READINGSenate · 2025-04-09 · YEAS 55, NAYS 0, PRESENT 0
Roll-call results shown verbatim from the Illinois legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Every fact on this page links to its source, starting with the official bill record. Last action: Effective Date August 15, 2025 (Aug 15, 2025).