BUGIELSKI-BIGGINS-CAPPARELLI-SAVIANO-OSMOND AND DAVIS,MONIQUE. 205 ILCS 5/48.6 new Amends the Illinois Banking Act. Provides that the Commissioner of Banks and Real Estate shall issue rules prescribing the period of time for which banks must retain records. Provides that banks may destroy the records upon the expiration of the prescribed time period. Provides immunity from liability for destruction of records in accordance with the rules of the Commissioner. Effective immediately. 00-01-25 H FILED WITH CLERK 00-01-25 H ADDED AS A JOINT SPONSOR BIGGINS 00-01-25 H ADDED AS A JOINT SPONSOR CAPPARELLI 00-01-25 H ADDED AS A JOINT SPONSOR SAVIANO 00-01-25 H FIRST READING 00-01-25 H REFERRED TO HOUSE RULES COMMITTEE RULES 00-02-02 H ASSIGNED TO COMMITTEE JUD-CIVIL LAW 00-02-02 H ADDED AS A JOINT SPONSOR OSMOND 00-02-08 H RE-ASSIGNED TO COMMITTEE FIN INSTIT 00-02-16 H ADDED AS A CO-SPONSOR DAVIS,MONIQUE 00-02-17 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary