Lou Lang
- Democratic
Amends the Illinois Banking Act and the Savings Bank Act. Replaces "Commissioner" with "Secretary" in provisions related to the disclosure of information in order to update references to the Secretary of Financial and Professional Regulation. Provides that the Secretary may furnish confidential supervisory information to a Federal Home Loan Bank in connection with any bank that is a member of the Federal Home Loan Bank or in connection with any application by the bank before the Federal Home Loan Bank. Provides that a bank or other financial institution or its officers, agents, and employees may disclose confidential supervisory information to a Federal Home Loan Bank of which it is a member. Amends the Illinois Credit Union Act. Provides that relevant confidential supervisory information may be disclosed under specified circumstances to other agencies or entities having a legitimate regulatory interest, including, but not limited to, a Federal Home Loan Bank. Effective immediately.
Effective Date August 11, 2017
Governor Approved
Public Act . . . . . . . . . 100-0064
Sent to the Governor
Passed Both Houses
Third Reading - Passed; 052-000-000
Placed on Calendar Order of 3rd Reading May 15, 2017
Second Reading
Do Pass Financial Institutions; 007-000-000
Placed on Calendar Order of 2nd Reading May 11, 2017
Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
Assigned to Financial Institutions
Added Chief Co-Sponsor Rep. Randy E. Frese
Referred to Assignments
Chief Senate Sponsor Sen. Chris Nybo
First Reading
Arrive in Senate
Placed on Calendar Order of First Reading March 28, 2017
Added Chief Co-Sponsor Rep. Patricia R. Bellock
Third Reading - Short Debate - Passed 109-000-000
Second Reading - Short Debate
Placed on Calendar Order of 3rd Reading - Short Debate
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Financial Institutions Committee; 010-000-000
Assigned to Financial Institutions Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Lou Lang
Bill Text Versions | Format |
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Enrolled | HTML |
Engrossed | HTML |
Introduced | HTML |
Document | Format |
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Public Act |
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