BUGIELSKI. 205 ILCS 205/3004 from Ch. 17, par. 7303-4 205 ILCS 205/4008 from Ch. 17, par. 7304-8 205 ILCS 205/4010 from Ch. 17, par. 7304-10 205 ILCS 205/6002 from Ch. 17, par. 7306-2 205 ILCS 205/6003 from Ch. 17, par. 7306-3 Amends the Savings Bank Act. Provides that a savings bank may establish a maximum age for directors. Requires that only a majority (now two-thirds) of the directors be residents of Illinois. Allows directors to consider the effects actions will have on customers, suppliers, and communities when considering mergers and other transactions. Removes limits on certain business, commercial, or agricultural loans and other investments. Effective immediately. FISCAL NOTE (Dpt. Financial Institutions) There would be no fiscal impact on the Department. 97-03-06 H FIRST READING 97-03-06 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-03-11 H ASSIGNED TO COMMITTEE FIN INSTIT 97-03-20 H FISCAL NOTE FILED 97-03-20 H COMMITTEE FIN INSTIT 97-03-21 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary