99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB0416

Introduced , by Rep. Lou Lang

SYNOPSIS AS INTRODUCED:
205 ILCS 305/6 from Ch. 17, par. 4407

Amends the Illinois Credit Union Act. Makes a technical change in a Section concerning the fiscal year of credit unions.
LRB099 06131 MGM 26187 b

A BILL FOR

HB0416LRB099 06131 MGM 26187 b
1 AN ACT concerning regulation.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The Illinois Credit Union Act is amended by
5changing Section 6 as follows:
6 (205 ILCS 305/6) (from Ch. 17, par. 4407)
7 Sec. 6. Fiscal Year. The The fiscal year of each credit
8union organized under this Act shall end on December 31 of each
9year.
10(Source: P.A. 81-329.)