IL HB2829 | 2019-2020 | 101st General Assembly

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on February 14 2019 - 25% progression, died in committee
Action: 2019-03-29 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Financial Institution Cybersecurity Act. Provides that persons and entities operating under the authority of the Secretary of Financial and Professional Regulation under the Illinois Banking Act, the Illinois Insurance Code, the Savings Bank Act, the Illinois Credit Union Act, the Corporate Fiduciary Act, and the Residential Mortgage License Act of 1987 must maintain a cybersecurity program to protect the confidentiality of their information systems. Requires the implementation and maintenance of written policies to protect information systems. Makes provisions for testing, risk assessment, audit trails, and third-party service provider policies. Provides for supervision by the Secretary of Financial and Professional Regulation. Requires annual certifications beginning November 1, 2020. Effective January 1, 2020.

Tracking Information

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Title

FINANCIAL INST CYBERSECURITY

Sponsors


History

DateChamberAction
2019-03-29HouseRule 19(a) / Re-referred to Rules Committee
2019-03-06HouseTo Broadband Access and IT Assurance Subcommittee
2019-02-26HouseAssigned to Cybersecurity, Data Analytics, & IT Committee
2019-02-14HouseReferred to Rules Committee
2019-02-14HouseFirst Reading
2019-02-14HouseFiled with the Clerk by Rep. Anne Stava-Murray

Illinois State Sources


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