Bill Text: IL SB0322 | 2017-2018 | 100th General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

---

Bill Title: Amends the Illinois Credit Union Act. Makes a technical change in a Section concerning the fiscal year of credit unions.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Passed) 2017-08-04 - Public Act . . . . . . . . . 100-0038 [SB0322 Detail]

Download: Illinois-2017-SB0322-Introduced.html

---

100TH GENERAL ASSEMBLY State of Illinois 2017 and 2018 SB0322 Introduced 1/24/2017, by Sen. John J. Cullerton 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.
LRB100 05095 SMS 15105 b
A BILL FOR
SB0322 LRB100 05095 SMS 15105 b
AN ACT concerning regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Credit Union Act is amended by
changing Section 6 as follows:
(205 ILCS 305/6) (from Ch. 17, par. 4407)
Sec. 6. Fiscal Year. The The fiscal year of each credit
union organized under this Act shall end on December 31 of each
year.
(Source: P.A. 81-329.)