Illinois Senate Bill 2360 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Passed on August 20 2021 - 100% progression
Action: 2021-08-20 - Public Act . . . . . . . . . 102-0553
Text: Latest bill text (Chaptered) [HTML]

Amends the Banking Emergencies Act. In provisions concerning powers of the Secretary of Financial and Professional Regulation, provides that following a proclamation by the Secretary that authorizes banks to close or alter the hours at any or all of the bank offices due to an emergency, the officers of the bank may, at an earlier time than a proclamation by the Secretary that the emergency or impending emergency has ended, determine that the closed office or offices should reopen and the amount of time reasonably necessary to reopen. Provides that the officers of a bank shall have the authority to determine not to open any of the bank's offices or to close an office if an emergency exists, or is impending, which affects or may affect the bank's offices, even if the Secretary does not issue a proclamation. Provides that the office closed shall remain closed until the time that the officers determine the emergency has ended, and for the further amount of time reasonably necessary to reopen. Provides that no bank office shall remain closed for more than 48 consecutive hours. Provides that the Department of Financial and Professional Regulation may adopt rules to address the closing or alteration of hours by banks at one or more of their offices when affected by an emergency or impending emergency. Makes other changes.

BANKING EMERGENCY ACT-HOLIDAYS

Sen. John Connor [D]

Rep. Christopher Davidsmeyer [R]

Rep. Norine Hammond [R]

Rep. Tony McCombie [R]

2021-05-27 - House - Third Reading in House (Y: 116 N: 0 NV: 1 Abs: 0) [PASS]
2021-04-22 - Senate - Third Reading in Senate (Y: 58 N: 0 NV: 1 Abs: 0) [PASS]

Date	Chamber	Action
2021-08-20	Senate	Public Act . . . . . . . . . 102-0553
2021-08-20	Senate	Effective Date January 1, 2022
2021-08-20	Senate	Governor Approved
2021-06-25	Senate	Sent to the Governor
2021-05-27	Senate	Passed Both Houses
2021-05-27	House	Third Reading - Consent Calendar - Passed 116-000-000
2021-05-26	House	Third Reading - Consent Calendar - First Day
2021-05-26	House	Added Alternate Co-Sponsor Rep. Tony McCombie
2021-05-26	House	Added Alternate Co-Sponsor Rep. Norine K. Hammond
2021-05-25	House	Placed on Calendar Order of 3rd Reading - Consent Calendar
2021-05-24	House	Held on Calendar Order of Second Reading - Consent Calendar
2021-05-24	House	Second Reading - Consent Calendar
2021-05-12	House	Placed on Calendar 2nd Reading - Consent Calendar
2021-05-11	House	Do Pass / Consent Calendar Financial Institutions Committee; 010-000-000
2021-05-04	House	Assigned to Financial Institutions Committee
2021-04-23	House	Referred to Rules Committee
2021-04-23	House	First Reading
2021-04-23	House	Chief House Sponsor Rep. C.D. Davidsmeyer
2021-04-23	House	Arrived in House
2021-04-22	Senate	Third Reading - Passed; 058-000-000
2021-04-21	Senate	Placed on Calendar Order of 3rd Reading April 22, 2021
2021-04-21	Senate	Second Reading
2021-04-15	Senate	Placed on Calendar Order of 2nd Reading April 20, 2021
2021-04-15	Senate	Do Pass as Amended Financial Institutions; 008-000-000
2021-04-14	Senate	Senate Committee Amendment No. 1 Adopted
2021-04-13	Senate	Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
2021-04-09	Senate	Senate Committee Amendment No. 1 Referred to Assignments
2021-04-09	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. John Connor
2021-03-23	Senate	Assigned to Financial Institutions
2021-02-26	Senate	Referred to Assignments
2021-02-26	Senate	First Reading
2021-02-26	Senate	Filed with Secretary by Sen. John Connor

Chapter	Article	Section	Citation Type	Statute Text
205	610	2	Repealed Code	Citation Text
205	610	3	Repealed Code	Citation Text
205	610	4	Amended Code	Citation Text
205	610	6	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2360&GAID=16&DocTypeID=SB&SessionID=110&GA=102
Text	https://www.ilga.gov/legislation/102/SB/10200SB2360.htm
Text	https://www.ilga.gov/legislation/102/SB/10200SB2360eng.htm
Text	https://www.ilga.gov/legislation/102/SB/10200SB2360enr.htm
Text	https://www.ilga.gov/legislation/publicacts/102/102-0553.htm
Amendment	https://www.ilga.gov/legislation/102/SB/10200SB2360sam001.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/102/senate/10200SB2360_04222021_070000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/102/house/10200SB2360_05272021_056055T.pdf