Illinois Senate Bill 3182 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on August 14 2018 - 100% progression
Action: 2018-08-14 - Public Act . . . . . . . . . 100-0888
Text: Latest bill text (Chaptered) [HTML]

Amends the Illinois Banking Act and the Savings Bank Act. Replaces "Commissioner" with "Secretary" to update references to the Secretary of Financial and Professional Regulation. Provides that before any person or persons may cause a change of control of a State bank or a savings bank, the Secretary shall be of the opinion and find that the future prospects of the institution will not jeopardize the financial stability of the State bank or the savings bank or prejudice the interests of the depositors of the State bank or the interests of the members of the savings bank. Provides that the provisions of this Act do not apply to an established holding company acquiring control of a State bank or a savings bank if the transaction is subject to approval under specified provisions of federal law. Provides that a State bank or a savings bank may disclose confidential supervisory information to any attorney, accountant, consultant, or other professional as needed to comply with any enforcement action issued by the Secretary. Makes other changes. Effective immediately.

BANKING-VARIOUS

Sen. Paul Schimpf [R]

Rep. Christopher Davidsmeyer [R]

2018-05-21 - House - Third Reading in House (Y: 101 N: 0 NV: 2 Abs: 5) [PASS]
2018-04-23 - Senate - Third Reading in Senate (Y: 43 N: 0 NV: 16 Abs: 0) [PASS]

Date	Chamber	Action
2018-08-14	Senate	Public Act . . . . . . . . . 100-0888
2018-08-14	Senate	Effective Date August 14, 2018
2018-08-14	Senate	Governor Approved
2018-06-19	Senate	Sent to the Governor
2018-05-21	Senate	Passed Both Houses
2018-05-21	House	Third Reading - Short Debate - Passed 101-000-000
2018-05-16	House	Placed on Calendar Order of 3rd Reading - Short Debate
2018-05-16	House	Second Reading - Short Debate
2018-05-09	House	Placed on Calendar 2nd Reading - Short Debate
2018-05-08	House	Do Pass / Short Debate Financial Institutions Committee; 012-000-000
2018-05-02	House	Assigned to Financial Institutions Committee
2018-04-24	House	Referred to Rules Committee
2018-04-24	House	First Reading
2018-04-24	House	Chief House Sponsor Rep. C.D. Davidsmeyer
2018-04-24	House	Arrived in House
2018-04-23	Senate	Third Reading - Passed; 043-000-000
2018-04-19	Senate	Placed on Calendar Order of 3rd Reading April 23, 2018
2018-04-19	Senate	Second Reading
2018-04-19	Senate	Senate Floor Amendment No. 1 Adopted; Schimpf
2018-04-18	Senate	Senate Floor Amendment No. 1 Recommend Do Adopt Financial Institutions; 005-000-000
2018-04-17	Senate	Senate Floor Amendment No. 1 Assignments Refers to Financial Institutions
2018-04-13	Senate	Senate Floor Amendment No. 1 Referred to Assignments
2018-04-13	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. Paul Schimpf
2018-04-11	Senate	Placed on Calendar Order of 2nd Reading April 12, 2018
2018-04-11	Senate	Do Pass Financial Institutions; 007-000-000
2018-02-27	Senate	Assigned to Financial Institutions
2018-02-16	Senate	Referred to Assignments
2018-02-16	Senate	First Reading
2018-02-16	Senate	Filed with Secretary by Sen. Paul Schimpf

Chapter	Article	Section	Citation Type	Statute Text
205	205	8015	Amended Code	Citation Text
205	205	9012	Amended Code	Citation Text
205	5	18	Amended Code	Citation Text
205	5	48.3	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3182&GAID=14&DocTypeID=SB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/SB/10000SB3182.htm
Text	https://www.ilga.gov/legislation/100/SB/10000SB3182eng.htm
Text	https://www.ilga.gov/legislation/100/SB/10000SB3182enr.htm
Text	https://www.ilga.gov/legislation/publicacts/100/100-0888.htm
Amendment	https://www.ilga.gov/legislation/100/SB/10000SB3182sam001.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/100/senate/10000SB3182_04232018_035000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/100/house/10000SB3182_05212018_038000T.pdf