Bill Status of HB 4933   96th General Assembly

Short Description:  STATE BANKING BOARD-VARIOUS

House Sponsors
Rep. John A. Fritchey, Joseph M. Lyons and William B. Black

Senate Sponsors
(Sen. John J. Cullerton)


Last Action  View All Actions

DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
20 ILCS 3210/1from Ch. 17, par. 401
20 ILCS 3210/3.01from Ch. 17, par. 403.1
20 ILCS 3210/3.07 new
20 ILCS 3210/4from Ch. 17, par. 404
20 ILCS 3210/5from Ch. 17, par. 405
20 ILCS 3210/8from Ch. 17, par. 408
205 ILCS 5/2from Ch. 17, par. 302
205 ILCS 5/48from Ch. 17, par. 359
205 ILCS 5/78from Ch. 17, par. 390
205 ILCS 5/79from Ch. 17, par. 391
205 ILCS 5/80from Ch. 17, par. 392
205 ILCS 5/82from Ch. 17, par. 394
205 ILCS 10/2from Ch. 17, par. 2502
205 ILCS 10/3.074from Ch. 17, par. 2510.04
205 ILCS 620/1-5.03from Ch. 17, par. 1551-5.03
205 ILCS 620/1-5.07a new
205 ILCS 620/1-5.09a new
205 ILCS 620/5-6from Ch. 17, par. 1555-6
205 ILCS 620/5-8from Ch. 17, par. 1555-8

Synopsis As Introduced
Amends various Acts to provide that references to the Commissioner of Banks and Real Estate now refer to the Secretary of Financial and Professional Regulation and that references to the Office of Banks and Real Estate are now references to the Division of Banking of the Department of Financial and Professional Regulation. Amends the Illinois Bank Examiners' Education Foundation Act. Provides that the purpose of the Illinois Bank Examiners' Education Foundation is to further continuing education for employees of the Division. Provides that references to "Board" in the Act refer to the State Banking Board of Illinois and that the Foundation shall be governed by the State Banking Board of Illinois (instead of the Board of Trustees). Changes provisions concerning liability. Amends the Illinois Banking Act. Changes provisions concerning the powers of the Secretary. Changes provisions concerning the membership composition and terms of office of members of the State Banking Board of Illinois. Changes provisions concerning the powers of the Board, including powers related to fund transfers, investment of funds, and continuing education programs. Amends the Illinois Bank Holding Company Act of 1957. Provides that the specified powers apply to the Secretary (instead of the Commissioner). In provisions concerning removal orders, deletes language referring to certain procedures in front of the Board. Amends the Corporate Fiduciary Act. Provides that provisions concerning removal orders apply to the Secretary (instead of the Commissioner). In provisions concerning removal orders, deletes language referring to certain procedures in front of the Board. Provides that language concerning all final administrative decisions apply to the Secretary (instead of the Commissioner or, under specified circumstances, the Board).

House Committee Amendment No. 1
Restores language requiring the Secretary of Financial and Professional Regulation to furnish the State Banking Board of Illinois space for meetings to be held by the Board as well as to require the Secretary to provide such clerical and technical assistance as the Board may require.

Senate Committee Amendment No. 1
Deletes reference to:
20 ILCS 3210/1 from Ch. 17, par. 401
20 ILCS 3210/3.01 from Ch. 17, par. 403.1
20 ILCS 3210/3.07 new
20 ILCS 3210/4 from Ch. 17, par. 404
20 ILCS 3210/5 from Ch. 17, par. 405
20 ILCS 3210/8 from Ch. 17, par. 408
205 ILCS 5/2 from Ch. 17, par. 302
205 ILCS 5/48 from Ch. 17, par. 359
205 ILCS 5/78 from Ch. 17, par. 390
205 ILCS 5/79 from Ch. 17, par. 391
205 ILCS 5/80 from Ch. 17, par. 392
205 ILCS 5/82 from Ch. 17, par. 394
205 ILCS 10/2 from Ch. 17, par. 2502
205 ILCS 10/3.074 from Ch. 17, par. 2510.04
205 ILCS 620/1-5.03 from Ch. 17, par. 1551-5.03
205 ILCS 620/1-5.07a new
205 ILCS 620/1-5.09a new
205 ILCS 620/5-6 from Ch. 17, par. 1555-6
205 ILCS 620/5-8 from Ch. 17, par. 1555-8
Adds reference to:
205 ILCS 5/1from Ch. 17, par. 301

Deletes everything after the enacting clause. Amends the Illinois Banking Act. Makes a technical change in a Section concerning the short title.

Actions 
DateChamber Action
  1/14/2010HouseFiled with the Clerk by Rep. John A. Fritchey
  1/15/2010HouseFirst Reading
  1/15/2010HouseReferred to Rules Committee
  2/23/2010HouseAssigned to Financial Institutions Committee
  3/1/2010HouseAdded Co-Sponsor Rep. Joseph M. Lyons
  3/2/2010HouseAdded Co-Sponsor Rep. William B. Black
  3/2/2010HouseHouse Committee Amendment No. 1 Filed with Clerk by Financial Institutions Committee
  3/2/2010HouseHouse Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote
  3/2/2010HouseDo Pass as Amended / Short Debate Financial Institutions Committee; 016-000-000
  3/2/2010HousePlaced on Calendar 2nd Reading - Short Debate
  3/16/2010HouseSecond Reading - Short Debate
  3/16/2010HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/17/2010HouseThird Reading - Short Debate - Passed 114-000-002
  3/17/2010SenateArrive in Senate
  3/17/2010SenatePlaced on Calendar Order of First Reading
  3/17/2010SenateChief Senate Sponsor Sen. Jacqueline Y. Collins
  3/17/2010SenateFirst Reading
  3/17/2010SenateReferred to Assignments
  4/15/2010SenateAlternate Chief Sponsor Changed to Sen. John J. Cullerton
  4/15/2010SenateAssigned to Executive
  4/19/2010SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton
  4/19/2010SenateSenate Committee Amendment No. 1 Referred to Assignments
  4/21/2010SenateSenate Committee Amendment No. 1 Assignments Refers to Executive
  4/21/2010SenateSenate Committee Amendment No. 1 Adopted
  4/21/2010SenateDo Pass as Amended Executive; 011-001-000
  4/21/2010SenatePlaced on Calendar Order of 2nd Reading April 22, 2010
  4/23/2010SenateSecond Reading
  4/23/2010SenatePlaced on Calendar Order of 3rd Reading April 27, 2010
  6/27/2010SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  1/11/2011HouseSession Sine Die

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