SB2346 - 104th General Assembly

BANK COMMUNITY REINVESTMENT
Last Action
2/07/2025 - Senate: Referred to Assignments
Senate Sponsors
Sen. Christopher Belt
Statutes Amended In Order of Appearance
205 ILCS 5/18from Ch. 17, par. 325
205 ILCS 5/22from Ch. 17, par. 329
205 ILCS 205/8004from Ch. 17, par. 7308-4
205 ILCS 205/8010from Ch. 17, par. 7308-10
205 ILCS 205/8015from Ch. 17, par. 7308-15
Synopsis As Introduced
Amends the Illinois Banking Act and the Savings Bank Act. Requires specified financial institutions to be insured by the Federal Deposit Insurance Corporation and agree to operate subject to 2 U.S.C. 2901 et seq. following a change in control, a purchase of substantially all assets, the assumption of substantially all liabilities of a State bank, or a merger.
Actions
Date Chamber Action
2/07/2025 Senate Filed with Secretary by Sen. Christopher Belt
2/07/2025 Senate First Reading
2/07/2025 Senate Referred to Assignments