IL SB2885 | 2017-2018 | 100th General Assembly
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on January 9 2019 - 100% progression
Action: 2019-01-09 - Session Sine Die
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Bipartisan Bill
Status: Failed on January 9 2019 - 100% progression
Action: 2019-01-09 - Session Sine Die
Text: Latest bill text (Engrossed) [HTML]
Summary
Amends the Illinois Banking Act. Provides that a State bank that has been in existence for 10 years or more and has less than $50,000,000 (rather than $20,000,000) in assets may have a minimum of 3 directors. Extends the exemptions from loan and investment limits described in specified provisions of this Act to any department, bureau, board, commission, or establishment of the United States, including any corporation wholly owned by the United States. Provides that the Secretary shall provide information relating to the prior fiscal year upon the request of the State Banking Board.
Title
STATE BANK-BOARD
Sponsors
Roll Calls
2018-04-23 - Senate - Third Reading in Senate (Y: 45 N: 0 NV: 14 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2019-01-09 | Senate | Session Sine Die |
2018-11-15 | Senate | Chief Sponsor Changed to Sen. William E. Brady |
2018-05-18 | House | Rule 19(a) / Re-referred to Rules Committee |
2018-05-09 | House | Assigned to Financial Institutions Committee |
2018-05-09 | House | Referred to Rules Committee |
2018-05-09 | House | First Reading |
2018-05-09 | House | Chief House Sponsor Rep. Natalie A. Manley |
2018-04-23 | House | Arrived in House |
2018-04-23 | Senate | Third Reading - Passed; 045-000-000 |
2018-04-18 | Senate | Placed on Calendar Order of 3rd Reading April 19, 2018 |
2018-04-18 | Senate | Second Reading |
2018-04-11 | Senate | Placed on Calendar Order of 2nd Reading April 12, 2018 |
2018-04-11 | Senate | Do Pass Financial Institutions; 008-000-000 |
2018-02-21 | Senate | Assigned to Financial Institutions |
2018-02-14 | Senate | Referred to Assignments |
2018-02-14 | Senate | First Reading |
2018-02-14 | Senate | Filed with Secretary by Sen. Chris Nybo |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
205 | 5 | 16 | Amended Code | Citation Text |
205 | 5 | 35 | Amended Code | Citation Text |
205 | 5 | 80.5 | New Code | See Bill Text |