Illinois Senate Bill 2414 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 2-0)
Status: Engrossed on April 12 2016 - 50% progression, died in committee
Action: 2016-04-12 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Engrossed) [HTML]

Amends the Illinois Banking Act and the Savings Bank Act. Replaces "Commissioner" with "Secretary" in provisions related to the disclosure of information in order to update references to the Secretary of Financial and Professional Regulation. Allows the Secretary to provide confidential supervisory information to the Federal Home Loan Bank of Chicago under certain circumstances. Amends the Illinois Credit Union Act. Includes the Federal Home Loan Bank of the Federal Home Loan Bank System district in which the credit union is located as an entity that confidential supervisory information may be disclosed to by the Secretary if it has a legitimate regulatory interest. Effective immediately.

BANKS-FEDERAL HOME LOAN BANK

Sen. Chris Nybo [R]

Rep. Patricia Bellock [R]

2016-04-12 - Senate - Third Reading in Senate (Y: 52 N: 0 NV: 6 Abs: 0) [PASS]

Date	Chamber	Action
2016-04-12	House	Referred to Rules Committee
2016-04-12	House	First Reading
2016-04-12	House	Chief House Sponsor Rep. Patricia R. Bellock
2016-04-12	House	Arrived in House
2016-04-12	Senate	Third Reading - Passed; 052-000-000
2016-03-10	Senate	Placed on Calendar Order of 3rd Reading March 16, 2016
2016-03-10	Senate	Second Reading
2016-03-09	Senate	Placed on Calendar Order of 2nd Reading March 10, 2016
2016-03-09	Senate	Do Pass as Amended Financial Institutions; 008-000-000
2016-03-09	Senate	Senate Committee Amendment No. 1 Adopted
2016-03-01	Senate	Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
2016-02-24	Senate	Senate Committee Amendment No. 1 Referred to Assignments
2016-02-24	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Chris Nybo
2016-02-16	Senate	Assigned to Financial Institutions
2016-02-03	Senate	Referred to Assignments
2016-02-03	Senate	First Reading
2016-02-03	Senate	Filed with Secretary by Sen. Chris Nybo

Chapter	Article	Section	Citation Type	Statute Text
205	205	9012	Amended Code	Citation Text
205	305	9.1	Amended Code	Citation Text
205	5	48.3	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2414&GAID=13&DocTypeID=SB&SessionID=88&GA=99
Text	https://www.ilga.gov/legislation/99/SB/09900SB2414.htm
Text	https://www.ilga.gov/legislation/99/SB/09900SB2414eng.htm
Amendment	https://www.ilga.gov/legislation/99/SB/09900SB2414sam001.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/99/senate/09900SB2414_04122016_016000T.pdf