Illinois Senate Bill 1297 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on August 11 2017 - 100% progression
Action: 2017-08-11 - Public Act . . . . . . . . . 100-0089
Text: Latest bill text (Chaptered) [HTML]

Amends the Illinois Insurance Code. Provides that during a conservation, rehabilitation, or liquidation proceeding, a Federal Home Loan Bank shall not be stayed, enjoined, or prohibited from exercising or enforcing any right or cause of action regarding collateral pledged under any security agreement or any pledge, security, collateral, or guarantee agreement or any other similar arrangement or credit enhancement relating to the Federal Home Loan Bank security agreement. Effective immediately.

INS INSOLVENCY FED HOME LOAN

Sen. John Mulroe [D]

Rep. Elaine Nekritz [D]

2017-05-15 - House - Third Reading in House (Y: 108 N: 0 NV: 3 Abs: 0) [PASS]
2017-04-26 - Senate - Third Reading in Senate (Y: 57 N: 0 NV: 2 Abs: 0) [PASS]

Date	Chamber	Action
2017-08-11	Senate	Public Act . . . . . . . . . 100-0089
2017-08-11	Senate	Effective Date August 11, 2017
2017-08-11	Senate	Governor Approved
2017-06-13	Senate	Sent to the Governor
2017-05-15	Senate	Passed Both Houses
2017-05-15	House	Third Reading - Short Debate - Passed 108-000-000
2017-05-11	House	Placed on Calendar Order of 3rd Reading - Short Debate
2017-05-11	House	Second Reading - Short Debate
2017-05-10	House	Placed on Calendar 2nd Reading - Short Debate
2017-05-09	House	Do Pass / Short Debate Financial Institutions Committee; 012-000-000
2017-05-03	House	Assigned to Financial Institutions Committee
2017-04-26	House	Referred to Rules Committee
2017-04-26	House	First Reading
2017-04-26	House	Chief House Sponsor Rep. Elaine Nekritz
2017-04-26	House	Arrived in House
2017-04-26	Senate	Third Reading - Passed; 057-000-000
2017-03-30	Senate	Placed on Calendar Order of 3rd Reading April 4, 2017
2017-03-30	Senate	Second Reading
2017-03-15	Senate	Placed on Calendar Order of 2nd Reading March 16, 2017
2017-03-15	Senate	Do Pass as Amended Financial Institutions; 008-000-000
2017-03-15	Senate	Senate Committee Amendment No. 1 Adopted
2017-03-14	Senate	Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
2017-03-07	Senate	Senate Committee Amendment No. 1 Referred to Assignments
2017-03-07	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. John G. Mulroe
2017-02-15	Senate	Assigned to Financial Institutions
2017-02-09	Senate	Referred to Assignments
2017-02-09	Senate	First Reading
2017-02-09	Senate	Filed with Secretary by Sen. John G. Mulroe

Chapter	Article	Section	Citation Type	Statute Text
215	5	189	Amended Code	Citation Text
215	5	204	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1297&GAID=14&DocTypeID=SB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/SB/10000SB1297.htm
Text	https://www.ilga.gov/legislation/100/SB/10000SB1297eng.htm
Text	https://www.ilga.gov/legislation/100/SB/10000SB1297enr.htm
Text	https://www.ilga.gov/legislation/publicacts/100/100-0089.htm
Amendment	https://www.ilga.gov/legislation/100/SB/10000SB1297sam001.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/100/senate/10000SB1297_04262017_030000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/100/house/10000SB1297_05152017_005000T.pdf