IL HB4689 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Engrossed on March 2 2022 - 50% progression, died in committee
Action: 2022-03-25 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]
Status: Engrossed on March 2 2022 - 50% progression, died in committee
Action: 2022-03-25 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
Amends the Illinois Banking Act. In provisions concerning customer financial records and confidentiality, provides that the language does not prohibit the furnishing of financial information to the executor, executrix, administrator, or other lawful representative of the estate of a customer. Makes other changes. Amends the Financial Institutions Electronic Documents and Digital Signatures Act. In provisions concerning electronic notices, provides that consent to electronic transactions given by the customer pursuant to the federal Electronic Signatures in Global and National Commerce Act shall satisfy applicable consent requirements. Amends the Probate Act of 1975. Provides that any person doing business or performing transactions on behalf of or at the direction of an executor or administrator with a will annexed shall be entitled to the presumption that the executor or administrator with the will annexed is lawfully authorized to conduct the business or perform the transaction without such person investigating the source of the authority and without verifying that the actions of the executor or administrator with the will annexed comply with a will or any order of the probate court, unless such person has actual knowledge to the contrary.
Title
BANKING&PROBATE-FINANCE/NOTICE
Sponsors
Roll Calls
2022-03-02 - House - Third Reading in House (Y: 113 N: 0 NV: 1 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2022-03-25 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2022-03-24 | Senate | Postponed - Judiciary |
| 2022-03-16 | Senate | Assigned to Judiciary |
| 2022-03-04 | Senate | Referred to Assignments |
| 2022-03-04 | Senate | First Reading |
| 2022-03-04 | Senate | Chief Senate Sponsor Sen. Meg Loughran Cappel |
| 2022-03-04 | Senate | Placed on Calendar Order of First Reading |
| 2022-03-04 | Senate | Arrive in Senate |
| 2022-03-02 | House | Third Reading - Short Debate - Passed 113-000-000 |
| 2022-03-01 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2022-03-01 | House | House Floor Amendment No. 1 Adopted |
| 2022-03-01 | House | Added Co-Sponsor Rep. Katie Stuart |
| 2022-02-24 | House | House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions Committee; 009-000-000 |
| 2022-02-24 | House | House Floor Amendment No. 1 Rules Refers to Financial Institutions Committee |
| 2022-02-23 | House | Held on Calendar Order of Second Reading - Short Debate |
| 2022-02-23 | House | Recalled to Second Reading - Short Debate |
| 2022-02-23 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2022-02-23 | House | House Floor Amendment No. 1 Referred to Rules Committee |
| 2022-02-23 | House | House Floor Amendment No. 1 Filed with Clerk by Rep. Mark L. Walker |
| 2022-02-17 | House | Held on Calendar Order of Second Reading - Short Debate |
| 2022-02-17 | House | Removed from Consent Calendar Status Rep. Mark L. Walker |
| 2022-02-17 | House | Held on Calendar Order of Second Reading - Consent Calendar |
| 2022-02-17 | House | Second Reading - Consent Calendar |
| 2022-02-16 | House | Placed on Calendar 2nd Reading - Consent Calendar |
| 2022-02-15 | House | Do Pass / Consent Calendar Financial Institutions Committee; 009-000-000 |
| 2022-02-09 | House | Assigned to Financial Institutions Committee |
| 2022-01-21 | House | Referred to Rules Committee |
| 2022-01-21 | House | First Reading |
| 2022-01-20 | House | Filed with the Clerk by Rep. Mark L. Walker |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 205 | 5 | 32 | Amended Code | Citation Text |
| 205 | 5 | 48.1 | Amended Code | Citation Text |
| 205 | 705 | 10 | Amended Code | Citation Text |
| 755 | 5 | 6-15 | Amended Code | Citation Text |
