KUBIK-HARTKE. (WEAVER,S) 205 ILCS 5/18 from Ch. 17, par. 325 205 ILCS 5/21.2 new 205 ILCS 5/21.3 new 205 ILCS 10/3.071 from Ch. 17, par. 2510.01 205 ILCS 10/3.09 new Amends the Illinois Banking Act to prohibit a change in control if the persons seeking control would, after obtaining control, control 30% or more of the deposits located in this State. Provides that no state or national bank whose main banking premises are located in another state may merge into or acquire an Illinois bank that has operated as a bank for 5 years or less. Amends the Illinois Bank Holding Company Act of 1957 to restrict mergers with Illinois banks that have operated for 5 years or less and are controlled by an out of State bank. Prohibits combinations that would result in control of 30% or more of the deposits in Illinois. Effective June 1, 1997. FISCAL NOTE (Office of Banks & Real Estate) HB 2169 should create little or no fiscal impact for this Dept. 97-03-10 H FIRST READING 97-03-10 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-03-10 H ADDED AS A JOINT SPONSOR HARTKE 97-03-11 H ASSIGNED TO COMMITTEE FIN INSTIT 97-03-19 H DO PASS/SHORT DEBATE 029-000-000 HFIN 97-03-19 H PLACED CALENDAR 2ND READING-SHORT DEBATE 97-03-21 H FISCAL NOTE FILED 97-03-21 H CALENDAR ORDER 2ND READING-SHORT DEBATE 97-04-08 H SECOND READING-SHORT DEBATE 97-04-08 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 97-04-12 H THIRD READING/SHORT DEBATE/PASSED 111-000-003 97-04-14 S ARRIVE IN SENATE 97-04-14 S PLACED CALENDAR ORDER OF FIRST READING 97-04-23 97-04-22 S CHIEF SPONSOR WEAVER,S 97-04-23 S FIRST READING 97-04-23 S REFERRED TO SENATE RULES COMMITTEE RULES 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary