Illinois General Assembly - Bill Status for HB2404
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 Bill Status of HB2404  103rd General Assembly


Short Description:  FINANCIAL REG-SUBSTITUTE CHECK

House Sponsors
Rep. John E. Bradley - Thomas Holbrook

Senate Sponsors
(Sen. John J. Cullerton)

Last Action
DateChamber Action
  8/4/2005HousePublic Act . . . . . . . . . 94-0458

Statutes Amended In Order of Appearance
205 ILCS 705/1
205 ILCS 705/5
205 ILCS 705/10
720 ILCS 5/17-3from Ch. 38, par. 17-3


Synopsis As Introduced
Amends the Financial Institutions Digital Signature Act. Changes the short title of the Act to the Financial Institutions Electronic Documents and Digital Signature Act and makes corresponding changes. Defines "substitute check" and makes changes to the definition of "financial institution". Includes a substitute check among those items that may be possessed, recorded, or generated by a financial institution by any electronic or computer-generated process and provides that the substitute check and all other documents, representations, images, and reproductions generated by an electronic or computer-generated process shall have the same force and effect under the laws of this State as one comprised, recorded, or created on paper or any other tangible form. Effective immediately.

Actions 
DateChamber Action
  2/16/2005HouseFiled with the Clerk by Rep. John E. Bradley
  2/17/2005HouseFirst Reading
  2/17/2005HouseReferred to Rules Committee
  2/18/2005HouseAssigned to Financial Institutions Committee
  3/1/2005HouseDo Pass / Short Debate Financial Institutions Committee; 025-000-000
  3/2/2005HousePlaced on Calendar 2nd Reading - Short Debate
  3/2/2005HouseAdded Chief Co-Sponsor Rep. Thomas Holbrook
  3/15/2005HouseSecond Reading - Short Debate
  3/15/2005HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/16/2005HouseThird Reading - Short Debate - Passed 113-000-003
  3/17/2005SenateArrive in Senate
  3/17/2005SenatePlaced on Calendar Order of First Reading April 6, 2005
  4/6/2005SenateChief Senate Sponsor Sen. John J. Cullerton
  4/11/2005SenateFirst Reading
  4/11/2005SenateReferred to Rules
  4/13/2005SenateAssigned to Financial Institutions
  4/21/2005SenateDo Pass Financial Institutions; 006-000-000
  4/21/2005SenatePlaced on Calendar Order of 2nd Reading May 3, 2005
  5/10/2005SenateSecond Reading
  5/10/2005SenatePlaced on Calendar Order of 3rd Reading May 11, 2005
  5/20/2005SenateThird Reading - Passed; 057-000-000
  5/20/2005HousePassed Both Houses
  6/17/2005HouseSent to the Governor
  8/4/2005HouseGovernor Approved
  8/4/2005HouseEffective Date August 4, 2005
  8/4/2005HousePublic Act . . . . . . . . . 94-0458

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