Cristina Castro
- Democratic
- Senator
- District 22
Amends the State Comptroller Act. Creates the Illinois Bank On Initiative to increase the use of Certified Financial Products and reduce reliance on alternative financial products. Provides that the Illinois Bank On Initiative shall be administered by the Comptroller, and the Comptroller shall be responsible for specified ongoing activities of the Initiative. Creates the Illinois Bank On Initiative Commission and provides for membership of the Commission. Provides for requirements and duties of the Commission. Requires the Comptroller and the Commission to annually prepare and make available on the Controller's website a report concerning the progress of the Illinois Bank On Initiative. Provides that the Comptroller may adopt rules necessary to implement provisions concerning the Illinois Bank On Initiative and Commission. Defines terms. Effective immediately. Senate Floor Amendment No. 2 Modifies the membership requirements of the Illinois Bank On Initiative Commission. Modifies the definition of "Certified Financial Product" and defines "financial institution".
Governor Approved
Effective Date August 19, 2019
Public Act . . . . . . . . . 101-0427
Sent to the Governor
Added Alternate Co-Sponsor Rep. Mary E. Flowers
Passed Both Houses
Third Reading - Short Debate - Passed 113-000-000
Added Alternate Co-Sponsor Rep. Natalie A. Manley
Added Alternate Co-Sponsor Rep. Deb Conroy
Added Alternate Co-Sponsor Rep. Fred Crespo
Added Alternate Co-Sponsor Rep. LaToya Greenwood
Added Alternate Co-Sponsor Rep. Ryan Spain
Added Alternate Co-Sponsor Rep. Emanuel Chris Welch
Added Alternate Co-Sponsor Rep. Lawrence Walsh, Jr.
Added Alternate Co-Sponsor Rep. Michelle Mussman
Added Alternate Co-Sponsor Rep. Michael Halpin
Added Alternate Co-Sponsor Rep. Jaime M. Andrade, Jr.
Added Alternate Chief Co-Sponsor Rep. Elizabeth Hernandez
Added Alternate Co-Sponsor Rep. Daniel Didech
Added Alternate Chief Co-Sponsor Rep. Joyce Mason
Added Alternate Co-Sponsor Rep. William Davis
Added Alternate Co-Sponsor Rep. Aaron M. Ortiz
Added Alternate Co-Sponsor Rep. Diane Pappas
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
Added Alternate Co-Sponsor Rep. Mary Edly-Allen
Added Alternate Co-Sponsor Rep. Nicholas K. Smith
Added Alternate Co-Sponsor Rep. Frances Ann Hurley
Added Alternate Co-Sponsor Rep. Theresa Mah
Added Alternate Co-Sponsor Rep. Mark L. Walker
Placed on Calendar 2nd Reading - Short Debate
Added Alternate Co-Sponsor Rep. Mike Murphy
Added Alternate Co-Sponsor Rep. Stephanie A. Kifowit
Added Alternate Co-Sponsor Rep. Robyn Gabel
Added Alternate Co-Sponsor Rep. Barbara Hernandez
Do Pass / Short Debate State Government Administration Committee; 010-000-000
Added Alternate Chief Co-Sponsor Rep. Kathleen Willis
Added Alternate Chief Co-Sponsor Rep. Jehan Gordon-Booth
Added Alternate Co-Sponsor Rep. Justin Slaughter
Added Alternate Co-Sponsor Rep. Bob Morgan
Assigned to State Government Administration Committee
Referred to Rules Committee
Third Reading - Passed; 053-000-000
Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
Arrived in House
Chief House Sponsor Rep. Debbie Meyers-Martin
First Reading
Added as Co-Sponsor Sen. Laura M. Murphy
Added as Co-Sponsor Sen. Linda Holmes
Added as Co-Sponsor Sen. Scott M. Bennett
Added as Co-Sponsor Sen. Antonio Muñoz
Added as Co-Sponsor Sen. Napoleon Harris, III
Senate Floor Amendment No. 2 Recommend Do Adopt Financial Institutions; 007-000-000
Senate Floor Amendment No. 1 Postponed - Financial Institutions
Added as Co-Sponsor Sen. Melinda Bush
Added as Co-Sponsor Sen. Robert Peters
Placed on Calendar Order of 3rd Reading March 21, 2019
Senate Floor Amendment No. 2 Adopted; Castro
Second Reading
Senate Floor Amendment No. 2 Assignments Refers to Financial Institutions
Senate Floor Amendment No. 2 Referred to Assignments
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Cristina Castro
Added as Co-Sponsor Sen. Steven M. Landek
Added as Co-Sponsor Sen. Ann Gillespie
Added as Co-Sponsor Sen. Mattie Hunter
Senate Floor Amendment No. 1 Assignments Refers to Financial Institutions
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Cristina Castro
Senate Floor Amendment No. 1 Referred to Assignments
Added as Chief Co-Sponsor Sen. Toi W. Hutchinson
Added as Co-Sponsor Sen. Elgie R. Sims, Jr.
Added as Co-Sponsor Sen. Kimberly A. Lightford
Added as Chief Co-Sponsor Sen. Laura Ellman
Added as Co-Sponsor Sen. Jacqueline Y. Collins
Added as Co-Sponsor Sen. Ram Villivalam
Placed on Calendar Order of 2nd Reading February 21, 2019
Do Pass Financial Institutions; 009-000-000
Added as Chief Co-Sponsor Sen. Iris Y. Martinez
Added as Chief Co-Sponsor Sen. Andy Manar
Added as Co-Sponsor Sen. Steve Stadelman
Assigned to Financial Institutions
First Reading
Referred to Assignments
Filed with Secretary by Sen. Cristina Castro
Bill Text Versions | Format |
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Introduced | HTML |
Engrossed | HTML |
Enrolled | HTML |
Document | Format |
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Public Act | |
Senate Amendment 002 | |
Senate Amendment 001 |
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