Bill Text: IL SB2824 | 2019-2020 | 101st General Assembly | Introduced

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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 1-0)

Status: (Failed) 2021-01-13 - Session Sine Die [SB2824 Detail]

Download: Illinois-2019-SB2824-Introduced.html

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101ST GENERAL ASSEMBLY State of Illinois 2019 and 2020 SB2824 Introduced 2/4/2020, by Sen. Emil Jones, III 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.
LRB101 19490 BMS 68963 b
A BILL FOR
SB2824 LRB101 19490 BMS 68963 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.)