Bill Status of SB0748  100th General Assembly


Short Description:  BANKING-BOARDS

Senate Sponsors
Sen. Jason A. Barickman

House Sponsors
(Rep. Keith P. Sommer)

Last Action
DateChamber Action
  8/10/2018SenatePublic Act . . . . . . . . . 100-0783

Statutes Amended In Order of Appearance
205 ILCS 5/78from Ch. 17, par. 390
205 ILCS 5/79from Ch. 17, par. 391
205 ILCS 205/12104 rep.
205 ILCS 205/Art. 12.2 rep.
205 ILCS 635/1-4
205 ILCS 635/4-1from Ch. 17, par. 2324-1
205 ILCS 635/4-8from Ch. 17, par. 2324-8
205 ILCS 635/1-5 rep.


Synopsis As Introduced
Amends the Illinois Banking Act. Changes the number of additional members of the State Banking Board of Illinois from 11 to 12. Provides that one member of the Board shall be from a savings bank, and there shall also be an alternate member from a savings bank to attend meetings if and only if the sitting member from a savings bank is unable to attend the meeting. Changes the requirements for the 2 public members. Amends the Savings Bank Act. Repeals provisions relating to the Board of Savings Banks. Amends the Residential Mortgage License Act of 1987. Removes provisions relating to the Residential Mortgage Board. Effective immediately.

Actions 
DateChamber Action
  1/30/2017SenateFiled with Secretary by Sen. Jason A. Barickman
  1/30/2017SenateFirst Reading
  1/30/2017SenateReferred to Assignments
  3/22/2017SenateRule 2-10 Committee Deadline Established As April 7, 2017
  3/22/2017SenateAssigned to Financial Institutions
  4/7/2017SenateRule 2-10 Committee Deadline Established As May 5, 2017
  5/5/2017SenateRule 3-9(a) / Re-referred to Assignments
  2/14/2018SenateRe-assigned to Financial Institutions
  2/21/2018SenateDo Pass Financial Institutions; 007-000-000
  2/21/2018SenatePlaced on Calendar Order of 2nd Reading February 22, 2018
  2/22/2018SenateSecond Reading
  2/22/2018SenatePlaced on Calendar Order of 3rd Reading February 27, 2018
  4/19/2018SenateThird Reading - Passed; 054-000-000
  4/19/2018HouseArrived in House
  4/19/2018HouseChief House Sponsor Rep. Keith P. Sommer
  4/19/2018HouseFirst Reading
  4/19/2018HouseReferred to Rules Committee
  4/26/2018HouseAssigned to Financial Institutions Committee
  5/8/2018HouseDo Pass / Short Debate Financial Institutions Committee; 012-000-000
  5/9/2018HousePlaced on Calendar 2nd Reading - Short Debate
  5/16/2018HouseSecond Reading - Short Debate
  5/16/2018HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/17/2018HouseThird Reading - Short Debate - Passed 111-000-000
  5/17/2018SenatePassed Both Houses
  6/15/2018SenateSent to the Governor
  8/10/2018SenateGovernor Approved
  8/10/2018SenateEffective Date August 10, 2018
  8/10/2018SenatePublic Act . . . . . . . . . 100-0783