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| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016 HB3840 Introduced , by Rep. Elgie R. Sims, Jr. SYNOPSIS AS INTRODUCED: |
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Creates the Residential and Economic Redlining Task Force Act. Creates the Residential and Economic Redlining Task Force. Provides that the task force shall (1) prepare a report evaluating the current State laws and rules designed to curb residential and economic redlining, and (2) provide recommendations to the General Assembly as to whether further legislation is needed to address the problems of residential and economic redlining in this State. Contains a repealer provision.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB3840 | | LRB099 09869 MGM 30081 b |
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1 | | AN ACT concerning regulation.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 1. Short title. This Act may be cited as the |
5 | | Residential and Economic Redlining Task Force Act. |
6 | | Section 5. Residential and Economic Redlining Task Force |
7 | | Act. |
8 | | (a) There is hereby created the Residential and Economic |
9 | | Redlining Task Force Act. |
10 | | (b) The task force shall consist of the following members: |
11 | | (1) Four members of the General Assembly, appointed one |
12 | | each by the President of the Senate, the Minority Leader of |
13 | | the Senate, the Speaker of the House of Representatives, |
14 | | and the Minority Leader of the House of Representatives; |
15 | | (2) The Governor, or his or her designee; |
16 | | (3) The Secretary of Financial and Professional |
17 | | Regulation, or his or her designee; |
18 | | (4) The Secretary of Human Services, or his or her |
19 | | designee; |
20 | | (5) The Attorney General of the State of Illinois, or |
21 | | his or her designee; and |
22 | | (6) Two members from entities representing the |
23 | | interests of the retail and banking industries in this |