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HB2514 - 100th General Assembly (2017-2018)
BANKS-FEDERAL HOME LOAN BANK
House Sponsors
Rep. Lou Lang - Patricia R. Bellock - Randy E. Frese
Senate Sponsors
(Sen. Chris Nybo - Pamela J. Althoff)
Statutes Amended In Order of Appearance
205 ILCS 5/48.3from Ch. 17, par. 360.2
205 ILCS 205/9012from Ch. 17, par. 7309-12
Synopsis As Introduced
Amends the Illinois Banking Act and the Savings Bank Act. Replaces "Commissioner" with "Secretary" in provisions related to the disclosure of information in order to update references to the Secretary of Financial and Professional Regulation. Provides that the Secretary may furnish confidential supervisory information to a Federal Home Loan Bank in connection with any bank that is a member of the Federal Home Loan Bank or in connection with any application by the bank before the Federal Home Loan Bank. Provides that a bank or other financial institution or its officers, agents, and employees may disclose confidential supervisory information to a Federal Home Loan Bank of which it is a member. Amends the Illinois Credit Union Act. Provides that relevant confidential supervisory information may be disclosed under specified circumstances to other agencies or entities having a legitimate regulatory interest, including, but not limited to, a Federal Home Loan Bank. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 2/07/2017 | House | Filed with the Clerk by Rep. Lou Lang |
| 2/08/2017 | House | First Reading |
| 2/08/2017 | House | Referred to Rules Committee |
| 2/22/2017 | House | Assigned to Financial Institutions Committee |
| 3/07/2017 | House | Do Pass / Short Debate Financial Institutions Committee; 010-000-000 |
| 3/08/2017 | House | Placed on Calendar 2nd Reading - Short Debate |
| 3/09/2017 | House | Second Reading - Short Debate |
| 3/09/2017 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 3/15/2017 | House | Third Reading - Short Debate - Passed 109-000-000 |
| 3/15/2017 | House | Added Chief Co-Sponsor Rep. Patricia R. Bellock |
| 3/16/2017 | Senate | Arrive in Senate |
| 3/16/2017 | Senate | Placed on Calendar Order of First Reading March 28, 2017 |
| 3/29/2017 | Senate | Chief Senate Sponsor Sen. Chris Nybo |
| 3/29/2017 | Senate | First Reading |
| 3/29/2017 | Senate | Referred to Assignments |
| 4/06/2017 | House | Added Chief Co-Sponsor Rep. Randy E. Frese |
| 4/25/2017 | Senate | Assigned to Financial Institutions |
| 5/02/2017 | Senate | Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff |
| 5/10/2017 | Senate | Do Pass Financial Institutions; 007-000-000 |
| 5/10/2017 | Senate | Placed on Calendar Order of 2nd Reading May 11, 2017 |
| 5/12/2017 | Senate | Second Reading |
| 5/12/2017 | Senate | Placed on Calendar Order of 3rd Reading May 15, 2017 |
| 5/19/2017 | Senate | Third Reading - Passed; 052-000-000 |
| 5/19/2017 | House | Passed Both Houses |
| 6/16/2017 | House | Sent to the Governor |
| 8/11/2017 | House | Governor Approved |
| 8/11/2017 | House | Effective Date August 11, 2017 |
| 8/11/2017 | House | Public Act . . . . . . . . . 100-0064 |