Bill Status of HB 5210   96th General Assembly

Short Description:  FINAN REG-BANKING REGULATION

House Sponsors
Rep. Barbara Flynn Currie-Joseph M. Lyons

Last Action  View All Actions

DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
20 ILCS 3205/0.1
20 ILCS 3205/0.2
20 ILCS 3205/5from Ch. 17, par. 455
20 ILCS 3210/3.02from Ch. 17, par. 403.2
20 ILCS 3210/3.025 new
205 ILCS 5/13from Ch. 17, par. 320
205 ILCS 5/21.4
205 ILCS 5/32from Ch. 17, par. 339
205 ILCS 5/40from Ch. 17, par. 350
205 ILCS 5/48from Ch. 17, par. 359
205 ILCS 5/48.8 new
205 ILCS 5/51from Ch. 17, par. 363
205 ILCS 5/52from Ch. 17, par. 364
205 ILCS 10/2from Ch. 17, par. 2502
205 ILCS 10/3.074from Ch. 17, par. 2510.04
205 ILCS 105/1-10.04from Ch. 17, par. 3301-10.04
205 ILCS 105/1-10.065 new
205 ILCS 105/3-7from Ch. 17, par. 3303-7
205 ILCS 105/7-1from Ch. 17, par. 3307-1
205 ILCS 105/7-3from Ch. 17, par. 3307-3
205 ILCS 105/7-4from Ch. 17, par. 3307-4
205 ILCS 105/7-5from Ch. 17, par. 3307-5
205 ILCS 105/7-20from Ch. 17, par. 3307-20
205 ILCS 105/7-22from Ch. 17, par. 3307-22
205 ILCS 105/10-10 new
205 ILCS 205/1003from Ch. 17, par. 7301-3
205 ILCS 205/1007.30from Ch. 17, par. 7301-7.30
205 ILCS 205/1007.57 new
205 ILCS 205/4009from Ch. 17, par. 7304-9
205 ILCS 205/9001from Ch. 17, par. 7309-1
205 ILCS 205/9002from Ch. 17, par. 7309-2
205 ILCS 205/9003from Ch. 17, par. 7309-3
205 ILCS 205/9004from Ch. 17, par. 7309-4
205 ILCS 205/10009 new
205 ILCS 510/0.05
205 ILCS 510/1from Ch. 17, par. 4651
205 ILCS 510/5.5 new
205 ILCS 610/1from Ch. 17, par. 1001
205 ILCS 610/2from Ch. 17, par. 1002
205 ILCS 616/10
205 ILCS 620/1-5.03from Ch. 17, par. 1551-5.03
205 ILCS 620/1-5.075 new
205 ILCS 620/5-1from Ch. 17, par. 1555-1
205 ILCS 620/5-10from Ch. 17, par. 1555-10
205 ILCS 635/4-2from Ch. 17, par. 2324-2
205 ILCS 645/2.01from Ch. 17, par. 2703
205 ILCS 645/2.08 new
205 ILCS 645/17from Ch. 17, par. 2724
205 ILCS 650/2from Ch. 17, par. 2852
205 ILCS 680/10.25from Ch. 17, par. 7401-10.25
205 ILCS 680/10.33 new
225 ILCS 456/5
225 ILCS 456/10
225 ILCS 456/15
205 ILCS 105/10-1 rep.
205 ILCS 105/10-2 rep.
205 ILCS 105/10-3 rep.
205 ILCS 105/10-4 rep.
205 ILCS 105/10-5 rep.
205 ILCS 105/10-6 rep.
205 ILCS 105/10-7 rep.
205 ILCS 205/9005 rep.
205 ILCS 205/9007 rep.
205 ILCS 680/Act rep.

Synopsis As Introduced
Amends the Office of Banks and Real Estate Act. Changes the title of the Act (and makes conforming changes in other Acts). Changes the powers of the Secretary of Financial and Professional Regulation with respect to jurisdiction over entities subject to the Act. Amends the Illinois Banking Act. Provides that the Secretary may (1) waive specified reciprocity requirements with respect to the establishment of branches and (2) prescribe the definition of "liabilities outstanding". Changes provisions concerning the powers and duties of the Secretary with respect to deposits, penalties, and the borrowing of funds under specified situations. Adds provisions concerning audits of banks subject to the Act. Changes provisions concerning capital impairment. Amends the Illinois Bank Holding Company Act of 1957. Changes provisions concerning the powers of the Secretary. Amends the Illinois Savings and Loan Act of 1985 and Savings Bank Act. Changes provisions concerning (1) the bonds of officers and employees, (2) personnel, records, files, actions, and duties, (3) the examination of associations, (4) reimbursement and powers of members of the Board of Savings Institutions. Adds provisions concerning the appointment of a receiver following taking of custody. Amends the Pawnbroker Regulation Act to make changes concerning (1) administration of the Act, (2) licensure, and (3) insurance requirements. Amends the Banking Emergencies Act, Corporate Fiduciary Act, and Foreign Banking Office Act to make changes concerning the powers of the Secretary. Repeals provisions in the Illinois Savings and Loan Act of 1985 and the Savings Bank Act. Repeals the Financial Institution Activity Reporting Act. Makes other changes. Effective immediately.

House Committee Amendment No. 1
Deletes reference to:
20 ILCS 3205/0.1
20 ILCS 3205/0.2
20 ILCS 3205/5from Ch. 17, par. 455
20 ILCS 3210/3.02from Ch. 17, par. 403.2
20 ILCS 3210/3.025 new
205 ILCS 5/13from Ch. 17, par. 320
205 ILCS 5/21.4
205 ILCS 5/32from Ch. 17, par. 339
205 ILCS 5/40from Ch. 17, par. 350
205 ILCS 5/48from Ch. 17, par. 359
205 ILCS 5/48.8 new
205 ILCS 5/51from Ch. 17, par. 363
205 ILCS 5/52from Ch. 17, par. 364
205 ILCS 10/2from Ch. 17, par. 2502
205 ILCS 10/3.074from Ch. 17, par. 2510.04
205 ILCS 105/1-10.04from Ch. 17, par. 3301-10.04
205 ILCS 105/1-10.065 new
205 ILCS 105/3-7from Ch. 17, par. 3303-7
205 ILCS 105/7-1from Ch. 17, par. 3307-1
205 ILCS 105/7-3from Ch. 17, par. 3307-3
205 ILCS 105/7-4from Ch. 17, par. 3307-4
205 ILCS 105/7-5from Ch. 17, par. 3307-5
205 ILCS 105/7-20from Ch. 17, par. 3307-20
205 ILCS 105/7-22from Ch. 17, par. 3307-22
205 ILCS 105/10-10 new
205 ILCS 205/1003from Ch. 17, par. 7301-3
205 ILCS 205/1007.30from Ch. 17, par. 7301-7.30
205 ILCS 205/1007.57 new
205 ILCS 205/4009from Ch. 17, par. 7304-9
205 ILCS 205/9001from Ch. 17, par. 7309-1
205 ILCS 205/9002from Ch. 17, par. 7309-2
205 ILCS 205/9003from Ch. 17, par. 7309-3
205 ILCS 205/9004from Ch. 17, par. 7309-4
205 ILCS 205/10009 new
205 ILCS 510/0.05
205 ILCS 510/1from Ch. 17, par. 4651
205 ILCS 510/5.5 new
205 ILCS 610/1from Ch. 17, par. 1001
205 ILCS 610/2from Ch. 17, par. 1002
205 ILCS 616/10
205 ILCS 620/1-5.03from Ch. 17, par. 1551-5.03
205 ILCS 620/1-5.075 new
205 ILCS 620/5-1from Ch. 17, par. 1555-1
205 ILCS 620/5-10from Ch. 17, par. 1555-10
205 ILCS 635/4-2from Ch. 17, par. 2324-2
205 ILCS 645/2.01from Ch. 17, par. 2703
205 ILCS 645/2.08 new
205 ILCS 645/17from Ch. 17, par. 2724
205 ILCS 650/2from Ch. 17, par. 2852
205 ILCS 680/10.25from Ch. 17, par. 7401-10.25
205 ILCS 680/10.33 new
225 ILCS 456/5
225 ILCS 456/10
225 ILCS 456/15
205 ILCS 105/10-1 rep.
205 ILCS 105/10-2 rep.
205 ILCS 105/10-3 rep.
205 ILCS 105/10-4 rep.
205 ILCS 105/10-5 rep.
205 ILCS 105/10-6 rep.
205 ILCS 105/10-7 rep.
205 ILCS 205/9005 rep.
205 ILCS 205/9007 rep.
205 ILCS 680/Act rep.
Adds reference to:
205 ILCS 5/1from Ch. 17, par. 301

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

Actions 
DateChamber Action
  2/3/2010HouseFiled with the Clerk by Rep. Barbara Flynn Currie
  2/3/2010HouseChief Co-Sponsor Rep. Joseph M. Lyons
  2/3/2010HouseFirst Reading
  2/3/2010HouseReferred to Rules Committee
  2/9/2010HouseAssigned to Executive Committee
  3/3/2010HouseHouse Committee Amendment No. 1 Filed with Clerk by Executive Committee
  3/3/2010HouseHouse Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
  3/3/2010HouseDo Pass as Amended / Short Debate Executive Committee; 007-004-000
  3/3/2010HousePlaced on Calendar 2nd Reading - Short Debate
  3/25/2010HouseSecond Reading - Short Debate
  3/25/2010HouseHeld on Calendar Order of Second Reading - Short Debate
  3/26/2010HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2011HouseSession Sine Die

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