IL SB3217 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Passed on July 27 2012 - 100% progression
Action: 2012-07-27 - Public Act . . . . . . . . . 97-0855
Text: Latest bill text (Chaptered) [HTML]

Summary

Amends the Illinois Credit Union Act. Changes the definition of "common bond" to include relatives by civil union. Provides that if a member fails to maintain one fully paid share, the credit union may permit the member to re-subscribe within 30 days after the member failed to maintain one fully paid share. Provides that, if the board of directors of a credit union has adopted a policy addressing age eligibility standards, then the credit union may require that members be at least 18 years of age by the date of the meeting in order to vote at meetings, sign nominating petitions, or sign petitions requesting special meetings and at least 18 years of age by the date of the election or appointment in order to hold elective or appointive office. Provides that a resulting credit union shall be considered the same business and corporate entity as each merging or consolidating credit union or as the converting credit union. Defines "resulting credit union". Effective immediately.

Tracking Information

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Title

CREDIT UNION-CIVIL UNION

Sponsors


Roll Calls

2012-05-24 - House - Third Reading in House (Y: 117 N: 0 NV: 0 Abs: 0) [PASS]
2012-03-22 - Senate - Third Reading in Senate (Y: 49 N: 0 NV: 10 Abs: 0) [PASS]

History

DateChamberAction
2012-07-27SenatePublic Act . . . . . . . . . 97-0855
2012-07-27SenateEffective Date July 27, 2012
2012-07-27SenateGovernor Approved
2012-06-22SenateSent to the Governor
2012-05-24SenatePassed Both Houses
2012-05-24HouseThird Reading - Short Debate - Passed 117-000-000
2012-04-24HousePlaced on Calendar Order of 3rd Reading - Short Debate
2012-04-24HouseSecond Reading - Short Debate
2012-04-18HousePlaced on Calendar 2nd Reading - Short Debate
2012-04-17HouseDo Pass / Short Debate Financial Institutions Committee; 013-000-000
2012-04-17HouseAdded Alternate Co-Sponsor Rep. Bill Mitchell
2012-04-17HouseAdded Alternate Co-Sponsor Rep. Lou Lang
2012-04-10HouseAssigned to Financial Institutions Committee
2012-03-26HouseReferred to Rules Committee
2012-03-26HouseFirst Reading
2012-03-23HousePlaced on Calendar Order of First Reading
2012-03-23HouseChief House Sponsor Rep. Joseph M. Lyons
2012-03-22HouseArrived in House
2012-03-22SenateThird Reading - Passed; 049-000-000
2012-03-22SenateAdded as Chief Co-Sponsor Sen. Mattie Hunter
2012-03-21SenatePlaced on Calendar Order of 3rd Reading March 22, 2012
2012-03-21SenateSecond Reading
2012-03-08SenatePlaced on Calendar Order of 2nd Reading March 21, 2012
2012-03-08SenateDo Pass as Amended Financial Institutions; 008-000-000
2012-03-08SenateSenate Committee Amendment No. 2 Adopted
2012-03-08SenateSenate Committee Amendment No. 1 Tabled in Committee on Financial Institutions
2012-03-06SenateSenate Committee Amendment No. 2 Assignments Refers to Financial Institutions
2012-03-01SenateSenate Committee Amendment No. 2 Referred to Assignments
2012-03-01SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. David Koehler
2012-03-01SenateHeld in Financial Institutions
2012-03-01SenateSenate Committee Amendment No. 1 Adopted
2012-02-27SenateSenate Committee Amendment No. 1 Assignments Refers to Financial Institutions
2012-02-24SenateSenate Committee Amendment No. 1 Referred to Assignments
2012-02-24SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. David Koehler
2012-02-07SenateAssigned to Financial Institutions
2012-02-01SenateReferred to Assignments
2012-02-01SenateFirst Reading
2012-02-01SenateFiled with Secretary by Sen. David Koehler

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2053051.1Amended CodeCitation Text
20530515Amended CodeCitation Text
20530520Amended CodeCitation Text
20530564.5New CodeSee Bill Text

Illinois State Sources


Bill Comments

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