Bill Text: IL SB2254 | 2013-2014 | 98th General Assembly | Introduced

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Bill Title: Amends the Electronic Fund Transfer Act. Makes a technical change in a Section concerning the powers of the Commissioner of Banks and Real Estate.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Failed) 2015-01-13 - Session Sine Die [SB2254 Detail]

Download: Illinois-2013-SB2254-Introduced.html

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98TH GENERAL ASSEMBLY State of Illinois 2013 and 2014 SB2254 Introduced 2/15/2013, by Sen. James F. Clayborne, Jr. SYNOPSIS AS INTRODUCED:
205 ILCS 616/20
Amends the Electronic Fund Transfer Act. Makes a technical change in a Section concerning the powers of the Commissioner of Banks and Real Estate.
LRB098 10599 MGM 40862 b
A BILL FOR
SB2254 LRB098 10599 MGM 40862 b
AN ACT concerning regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Electronic Fund Transfer Act is amended by
changing Section 20 as follows:
(205 ILCS 616/20)
Sec. 20. Powers and duties of Commissioner. The The
Commissioner shall have the following powers and duties:
(1) to promulgate reasonable rules in accordance with the
Illinois Administrative Procedure Act for the administration
of this Act;
(2) to issue orders for the enforcement of this Act and any
rule promulgated under this Act;
(3) to appoint hearing officers to exercise any delegated
powers;
(4) to subpoena witnesses, compel their attendance,
administer oaths, examine any person under oath, and require
the production of any relevant books, papers, accounts, and
documents in the course of and pursuant to any investigation
conducted or action taken by the Commissioner; and
(5) to conduct hearings.
(Source: P.A. 92-811, eff. 8-21-02.)