Bill Sponsors: IL HB0823 | 2017-2018 | 100th General Assembly

Bill Title: Amends the Division of Banking Act. Requires the Division of Banking to implement a program intended to encourage financial institutions to help meet the credit needs of the communities in which they serve, including low and moderate-income neighborhoods, consistent with safe and sound banking practices. Provides that the State shall not enter into a contract or renew a contract with a financial institution that does not participate in the program.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Passed) 2017-08-24 - Public Act . . . . . . . . . 100-0304 [HB0823 Detail]

Text: Latest bill text (Chaptered) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative LaShawn Ford [D]PrimarySponsored BillsHD-008FollowTheMoneyBallotpediaVoteSmart
Senator Mattie Hunter [D]PrimarySponsored BillsSD-003FollowTheMoneyBallotpediaVoteSmart
Senator Jacqueline Collins [D]CosponsorSponsored BillsSD-016FollowTheMoneyBallotpediaVoteSmart
Senator Donne Trotter [D]CosponsorSponsored BillsSD-017FollowTheMoneyBallotpediaVoteSmart
Senator Napoleon Harris [D]CosponsorSponsored BillsSD-015FollowTheMoneyBallotpediaVoteSmart

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