HB1447 102ND GENERAL ASSEMBLY

LRB102 03463 BMS 13476 b

102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB1447

Introduced 2/17/2021, by Rep. Emanuel Chris Welch

SYNOPSIS AS INTRODUCED:

205 ILCS 305/6

from Ch. 17, par. 4407

Amends the Illinois Credit Union Act. Makes a technical change in a Section concerning the fiscal year of credit unions.

A BILL FOR

AN ACT concerning regulation.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Credit Union Act is amended by changing Section 6 as follows:

(205 ILCS 305/6) (from Ch. 17, par. 4407)

Sec. 6. Fiscal Year. The The fiscal year of each credit union organized under this Act shall end on December 31 of each year.

(Source: P.A. 81-329.)