Bill Status of SB 3029   98th General Assembly

Short Description:  CHECK IDENTIFICATION NUMBERS

Senate Sponsors
Sen. Terry Link

House Sponsors
(Rep. Daniel V. Beiser)


Last Action  View All Actions

DateChamber Action
  8/15/2014SenatePublic Act . . . . . . . . . 98-0950

Statutes Amended In Order of Appearance
205 ILCS 605/2 rep.
205 ILCS 690/10 rep.

Synopsis As Introduced
Amends the Consumer Deposit Account Act. Repeals a provision requiring all financial institutions that provide checks, drafts, or orders of withdrawal that are drawn against funds held by those financial institutions in a consumer-deposit account opened subsequent to January 1, 1982 to display the month and year in which the account was opened on the face of every order of withdrawal, and to display a unique number on the face of every order of withdrawal for accounts opened after January 1, 1982. Amends the Check Printer and Check Number Act. Repeals a provision requiring that any person who sells or distributes checks, drafts, or similar orders of withdrawal that are drawn against funds held in a consumer-deposit account opened subsequent to January 1, 1993 to display the month and year in which the account was opened on the face of every order of withdrawal, and to display a unique number on the face of every order of withdrawal for accounts opened after January 1, 1993. Effective immediately.

Senate Committee Amendment No. 1
Replaces everything after the enacting clause. Amends the Consumer Deposit Account Act. Deletes provisions requiring all financial institutions that provide checks, drafts, or similar orders of withdrawal, which are drawn against funds held by those financial institutions in a consumer-deposit account opened subsequent to January 1, 1982, to cause the month and year in which the account was opened to be displayed on the face of each check, draft, or order and provisions requiring that such checks, drafts, or orders of withdrawal display consecutive numbers commencing with number 101. Also deletes provisions regarding the manner in which checks, drafts, or orders drawn on a new consumer-deposit account may be numbered. Amends the Check Printer and Check Number Act. Deletes provisions requiring all financial institutions that provide checks, drafts, or similar orders of withdrawal, which are drawn against funds held by those financial institutions in a consumer-deposit account opened subsequent to January 1, 1993, to cause the month and year in which the account was opened to be displayed on the face of each check, draft, or order and provisions requiring that such checks, drafts, or orders of withdrawal display consecutive numbers commencing with number 101. Also deletes provisions regarding the manner in which checks, drafts, or orders drawn on a new consumer-deposit account may be numbered. Effective immediately.

Actions 
DateChamber Action
  2/7/2014SenateFiled with Secretary by Sen. Terry Link
  2/7/2014SenateFirst Reading
  2/7/2014SenateReferred to Assignments
  2/19/2014SenateAssigned to Financial Institutions
  2/19/2014SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Terry Link
  2/19/2014SenateSenate Committee Amendment No. 1 Referred to Assignments
  2/25/2014SenateSenate Committee Amendment No. 1 Assignments Refers to Financial Institutions
  2/26/2014SenateSenate Committee Amendment No. 1 Adopted
  2/26/2014SenateDo Pass as Amended Financial Institutions; 007-000-000
  2/26/2014SenatePlaced on Calendar Order of 2nd Reading February 27, 2014
  3/5/2014SenateSecond Reading
  3/5/2014SenatePlaced on Calendar Order of 3rd Reading March 6, 2014
  3/6/2014SenateThird Reading - Passed; 055-000-000
  3/6/2014HouseArrived in House
  3/20/2014HouseChief House Sponsor Rep. Daniel V. Beiser
  3/20/2014HouseFirst Reading
  3/20/2014HouseReferred to Rules Committee
  4/23/2014HouseAssigned to Financial Institutions Committee
  5/13/2014HouseDo Pass / Short Debate Financial Institutions Committee; 012-000-000
  5/14/2014HousePlaced on Calendar 2nd Reading - Short Debate
  5/15/2014HouseSecond Reading - Short Debate
  5/15/2014HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/20/2014HouseThird Reading - Short Debate - Passed 114-001-001
  5/20/2014SenatePassed Both Houses
  6/18/2014SenateSent to the Governor
  8/15/2014SenateGovernor Approved
  8/15/2014SenateEffective Date August 15, 2014
  8/15/2014SenatePublic Act . . . . . . . . . 98-0950

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