IL SB0229 | 2009-2010 | 96th General Assembly

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on August 4 2009 - 100% progression
Action: 2009-08-04 - Public Act . . . . . . . . . 96-0123
Text: Latest bill text (Enrolled) [HTML]

Summary

Creates the Banking Convenience Account for Depositors Act. Provides that a banking organization shall permit a depositor to open a convenience account for the purposes of permitting a convenience depositor to make deposits into that account. Provides that the convenience account shall be in the name of a depositor and the convenience depositor and in form to be paid or delivered to either for the convenience of the depositor. Contains provisions concerning the right of survivorship and gift status in relation to deposits made to a convenience account. Specifies the rights of depositors and convenience depositors. Contains provisions concerning the duties, obligations, and liabilities of banking organizations with respect to convenience accounts.

Tracking Information

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Title

FINAN REG-CONVENIENCE ACCOUNTS

Sponsors


Roll Calls

2009-05-07 - House - Third Reading in House (Y: 115 N: 0 NV: 3 Abs: 0) [PASS]
2009-04-02 - Senate - Third Reading in Senate (Y: 51 N: 0 NV: 3 Abs: 0) [PASS]

History

DateChamberAction
2009-08-04 Public Act . . . . . . . . . 96-0123
2009-08-04 Effective Date January 1, 2010
2009-08-04 Governor Approved
2009-06-05 Sent to the Governor
2009-05-07 Passed Both Houses
2009-05-07 Third Reading - Short Debate - Passed 115-000-001
2009-05-06 Placed on Calendar Order of 3rd Reading - Short Debate
2009-05-06 Second Reading - Short Debate
2009-05-05 Placed on Calendar 2nd Reading - Short Debate
2009-05-05 Do Pass / Short Debate Financial Institutions Committee; 023-000-000
2009-04-14 Assigned to Financial Institutions Committee
2009-04-02 Referred to Rules Committee
2009-04-02 First Reading
2009-04-02 Chief House Sponsor Rep. Dennis M. Reboletti
2009-04-02 Placed on Calendar Order of First Reading
2009-04-02 Arrived in House
2009-04-02 Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
2009-04-02 Third Reading - Passed; 055-000-001
2009-04-02 Placed on Calendar Order of 3rd Reading
2009-04-02 Senate Floor Amendment No. 3 Adopted; Pankau
2009-04-02 Senate Floor Amendment No. 2 Adopted; Pankau
2009-04-02 Recalled to Second Reading
2009-04-02 Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
2009-03-31 Senate Floor Amendment No. 3 Recommend Do Adopt Financial Institutions; 007-000-000
2009-03-31 Senate Floor Amendment No. 2 Recommend Do Adopt Financial Institutions; 007-000-000
2009-03-30 Placed on Calendar Order of 3rd Reading March 31, 2009
2009-03-30 Second Reading
2009-03-18 Senate Floor Amendment No. 3 Assignments Refers to Financial Institutions
2009-03-18 Senate Floor Amendment No. 2 Assignments Refers to Financial Institutions
2009-03-04 Senate Floor Amendment No. 3 Referred to Assignments
2009-03-04 Senate Floor Amendment No. 3 Filed with Secretary by Sen. Carole Pankau
2009-03-04 Senate Floor Amendment No. 2 Referred to Assignments
2009-03-04 Senate Floor Amendment No. 2 Filed with Secretary by Sen. Carole Pankau
2009-02-27 Placed on Calendar Order of 2nd Reading March 4, 2009
2009-02-27 Do Pass Financial Institutions; 011-000-000
2009-02-26 Senate Committee Amendment No. 1 Referred to Assignments
2009-02-26 Senate Committee Amendment No. 1 Filed with Secretary by Sen. Carole Pankau
2009-02-10 Assigned to Financial Institutions
2009-02-04 Chief Sponsor Changed to Sen. Carole Pankau
2009-02-04 Referred to Assignments
2009-02-04 First Reading
2009-02-04 Filed with Secretary by Sen. Pamela J. Althoff

Illinois State Sources


Bill Comments

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