IL HB4589 | 2017-2018 | 100th General Assembly


Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on July 31 2018 - 100% progression
Action: 2018-07-31 - Public Act . . . . . . . . . 100-0652
Text: Latest bill text (Chaptered) [HTML]


Amends the Savings Bank Act. Provides that a savings bank shall have its books, records, and accounts examined at least once every 18 months (rather than at least once in each year) in the same manner as a State Bank (rather than be audited by an independent licensed public accountant not connected with the savings bank). Removes requirements concerning an annual audit. Effective immediately.

Tracking Information

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Roll Calls

2018-05-16 - Senate - Third Reading in Senate (Y: 53 N: 0 NV: 6 Abs: 0) [PASS]
2018-04-17 - House - Third Reading in House (Y: 90 N: 20 NV: 1 Abs: 1) [PASS]


2018-07-31HousePublic Act . . . . . . . . . 100-0652
2018-07-31HouseEffective Date July 31, 2018
2018-07-31HouseGovernor Approved
2018-06-14HouseSent to the Governor
2018-05-16HousePassed Both Houses
2018-05-16SenateThird Reading - Passed; 053-000-000
2018-05-10SenatePlaced on Calendar Order of 3rd Reading May 15, 2018
2018-05-10SenateSecond Reading
2018-05-02SenatePlaced on Calendar Order of 2nd Reading May 3, 2018
2018-05-02SenateDo Pass Financial Institutions; 006-000-000
2018-04-25SenateAssigned to Financial Institutions
2018-04-18SenateReferred to Assignments
2018-04-18SenateFirst Reading
2018-04-18SenateChief Senate Sponsor Sen. Neil Anderson
2018-04-17SenatePlaced on Calendar Order of First Reading April 18, 2018
2018-04-17SenateArrive in Senate
2018-04-17HouseThird Reading - Short Debate - Passed 090-020-000
2018-04-13HousePlaced on Calendar Order of 3rd Reading - Short Debate
2018-04-13HouseSecond Reading - Short Debate
2018-04-10HousePlaced on Calendar 2nd Reading - Short Debate
2018-04-09HouseDo Pass as Amended / Short Debate Financial Institutions Committee; 009-000-000
2018-04-09HouseHouse Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote
2018-03-07HouseHouse Committee Amendment No. 1 Rules Refers to Financial Institutions Committee
2018-03-06HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2018-03-06HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Tony McCombie
2018-03-05HouseAssigned to Financial Institutions Committee
2018-02-06HouseReferred to Rules Committee
2018-02-06HouseFirst Reading
2018-02-06HouseFiled with the Clerk by Rep. Tony McCombie

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2052059004Repealed CodeCitation Text
2052059014Amended CodeCitation Text

Illinois State Sources

Bill Comments