92nd General Assembly
Summary of SB1104
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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


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