Senate Sponsors: WALSH,T. House Sponsors: MADIGAN,MJ-BUGIELSKI-BURKE Short description: BANKING ACT APPLICANT INFO Synopsis of Bill as introduced: Amends the Illinois Banking Act. Provides that information in an application for a permit to organize a bank that is personal or proprietary, including names of proposed management and net worth of applicants, may be submitted in a confidential section of or addendum to the application. Effective immediately. HOUSE AMENDMENT NO. 1. Deletes reference to: 205 ILCS 5/9 Adds reference to: 205 ILCS 5/48.1 from Ch. 17, par. 360 205 ILCS 105/3-8 from Ch. 17, par. 3303-8 205 ILCS 205/4013 from Ch. 17, par. 7304-13 205 ILCS 305/10 from Ch. 17, par. 4411 Replaces everything after the enacting clause. Amends the Illinois Banking Act, the Illinois Savings and Loan Act of 1985, the Savings Bank Act, and the Illinois Credit Union Act to authorize financial institutions subject to those Acts to disclose customer financial information to federal authorities when the matter requested involves foreign intelligence or counter intelligence under the National Security Act of 1947 or the USA PATRIOT ACT of 2001. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0 END OF INQUIRY Full Text Bill Status