SB 1534

Abstract

Amends the Illinois Credit Union Act. In provisions concerning service to the economically disadvantaged, provides that members of a targeted population may be admitted to membership in a credit union. Provides that notice of a meeting of credit union members may be posted on the credit union's website. Provides that unless expressly prohibited by the articles of incorporation or bylaws, the board of directors may provide by resolution that members may attend, participate in, act in, and vote at any annual meeting or special meeting through the use of a conference telephone or interactive technology, subject to specified conditions. Sets forth provisions concerning appointment of associate directors. In provisions concerning compensation of officials, provides that if the Department of Financial and Professional Regulation determines the payment of director or committee member compensation creates a safety and soundness issue for a credit union, the Department may take an enforcement action to reduce or suspend the compensation. Provides that the board of directors shall hold regular meetings at least once each month; however, upon approval of an amendment to the bylaws of the credit union, the board of directors may hold meetings less frequently than once each month but at least once each quarter. Provides that a credit union shall select an annual reporting period, complete an external audit report, agreed-upon procedures report, and internal audit report, and deliver copies to the Secretary of Financial and Professional Regulation no later than 120 days after the end of the annual reporting period. In provisions concerning loan programs and provisions concerning investment of funds, allows a credit union to make loans to or invest in credit union service organizations in a total amount not exceeding the greater of 6% (rather than 3%) of specified amounts. Provides that a surviving credit union may identify the merging credit union as a division, branch, unit, or other descriptive reference. Provides that the network credit union board of directors shall require each advisory board member to sign a confidentiality or non-disclosure agreement. Defines "target market". Makes other changes. Senate Floor Amendment No. 1 Deletes reference to: 205 ILCS 305/16.1 205 ILCS 305/29 Replaces everything after the enacting clause with the provisions of the introduced bill with the following changes. Changes a reference from "agreed-upon procedures report" to "agreed-upon procedures engagement". Removes provisions concerning service to the economically disadvantaged and provisions concerning meetings of members of the board of directors of a credit union. Makes other changes. Effective immediately. House Floor Amendment No. 1 Deletes reference to: 205 ILCS 305/19 from Ch. 17, par. 4420 205 ILCS 305/20.5 new 205 ILCS 305/23 from Ch. 17, par. 4424 205 ILCS 305/34 from Ch. 17, par. 4435 205 ILCS 305/51 from Ch. 17, par. 4452 205 ILCS 305/57 from Ch. 17, par. 4458 205 ILCS 305/59 from Ch. 17, par. 4460 205 ILCS 305/64.7 Adds reference to: 760 ILCS 100/2 from Ch. 21, par. 64.2 760 ILCS 100/3 from Ch. 21, par. 64.3 760 ILCS 100/3.1 new 760 ILCS 100/4 from Ch. 21, par. 64.4 760 ILCS 100/4.1 new 760 ILCS 100/4.2 new 760 ILCS 100/5 from Ch. 21, par. 64.5 760 ILCS 100/14 from Ch. 21, par. 64.14 760 ILCS 100/15a from Ch. 21, par. 64.15a 760 ILCS 100/25 rep. Replaces everything after the enacting clause. Amends the Cemetery Care Act. Defines "average fair market value", "total return percentage", and "net income". Provides that a trustee may apply to the Comptroller to establish a master trust fund in which deposits are made. Allows a cemetery authority to take distributions from its fund either by distributing ordinary income or total return distribution. Requires an application for the implementation of the total return distribution method to be submitted to the Comptroller at least 120 days before the effective date of the election to receive total return distribution. Allows, where no receiver is available, a circuit court to order a willing local municipality, township, county, or city to take over the cemetery. Repeals a provision regarding the use of care funds. Makes other changes. House Floor Amendment No. 2 Adds an effective date of January 1, 2023. House Floor Amendment No. 3 Provides that the total return distribution shall not exceed 5% of the average fair market value of the fund assets in a given calendar year. Allows the Comptroller to take corrective measures if the average fair market value of the care fund declines by more than 30% during a rolling 5-year period. House Floor Amendment No. 4 Deletes reference to: 205 ILCS 305/16.1 205 ILCS 305/19 from Ch. 17, par. 4420 205 ILCS 305/20.5 new 205 ILCS 305/23 from Ch. 17, par. 4424 205 ILCS 305/29 from Ch. 17, par. 4430 205 ILCS 305/34 from Ch. 17, par. 4435 205 ILCS 305/51 from Ch. 17, par. 4452 205 ILCS 305/57 from Ch. 17, par. 4458 205 ILCS 305/59 from Ch. 17, par. 4460 205 ILCS 305/64.7 Adds reference to: New Act 5 ILCS 375/6.11 55 ILCS 5/5-1069.3 65 ILCS 5/10-4-2.3 105 ILCS 5/10-22.3f 215 ILCS 5/356z.4a 215 ILCS 5/356z.60 new 215 ILCS 125/5-3 from Ch. 111 1/2, par. 1411.2 215 ILCS 130/4003 from Ch. 73, par. 1504-3 215 ILCS 165/10 from Ch. 32, par. 604 305 ILCS 5/5-16.8 210 ILCS 170/5 225 ILCS 85/43 20 ILCS 2630/3.2 from Ch. 38, par. 206-3.2 740 ILCS 180/2.2 from Ch. 70, par. 2.2 750 ILCS 46/704 750 ILCS 46/709 775 ILCS 55/1-10 775 ILCS 55/1-20 775 ILCS 55/1-25 225 ILCS 60/22 from Ch. 111, par. 4400-22 225 ILCS 60/23 from Ch. 111, par. 4400-23 225 ILCS 65/65-65 was 225 ILCS 65/15-55 225 ILCS 65/70-5 was 225 ILCS 65/10-45 225 ILCS 95/21 from Ch. 111, par. 4621 225 ILCS 20/19 from Ch. 111, par. 6369 225 ILCS 85/30 from Ch. 111, par. 4150 225 ILCS 85/30.1 225 ILCS 135/95 225 ILCS 15/15 from Ch. 111, par. 5365 225 ILCS 55/85 from Ch. 111, par. 8351-85 225 ILCS 64/100 225 ILCS 107/80 225 ILCS 130/75 225 ILCS 60/2 from Ch. 111, par. 4400-2 225 ILCS 60/66 new 225 ILCS 65/65-11 new 225 ILCS 65/65-11.5 new 225 ILCS 95/4 from Ch. 111, par. 4604 225 ILCS 95/9.7 new 225 ILCS 95/21 from Ch. 111, par. 4621 225 ILCS 95/22.2 from Ch. 111, par. 4622.2 225 ILCS 95/22.3 from Ch. 111, par. 4622.3 225 ILCS 95/22.5 from Ch. 111, par. 4622.5 225 ILCS 95/22.6 from Ch. 111, par. 4622.6 225 ILCS 95/22.7 from Ch. 111, par. 4622.7 225 ILCS 95/22.8 from Ch. 111, par. 4622.8 225 ILCS 95/22.9 from Ch. 111, par. 4622.9 225 ILCS 95/22.10 from Ch. 111, par. 4622.10 5 ILCS 100/5-45.35 new 735 ILCS 35/3 735 ILCS 35/3.5 new 725 ILCS 220/2 from Ch. 38, par. 156-2 725 ILCS 225/6 from Ch. 60, par. 23 55 ILCS 5/3-4006 from Ch. 34, par. 3-4006 225 ILCS 60/22 from Ch. 111, par. 4400-22 225 ILCS 60/23 from Ch. 111, par. 4400-23 410 ILCS 210/1.5 Replaces everything after the enacting clause. Provides that the Act may be referred to as the Patient and Provider Protection Act. Creates the Public Higher Education Emergency Health Act. Requires each public institution of higher education to make emergency contraception available for purchase through at least one vending machine located on each campus. Amends the Illinois Insurance Code. Requires abortion care coverage to include medications prescribed for the purpose of producing an abortion. Requires health insurance to provide coverage for all abortifacients, gender-affirming health care medication, human immunodeficiency virus pre-exposure prophylaxis and post-exposure prophylaxis drugs. Amends the Birth Center Licensing Act. Changes the definition of "birth center". Defines "reproductive health care services". Amends the Pharmacy Practice Act. Allows a pharmacist to dispense hormonal contraceptives. Amends the Criminal Identification Act. Provides that nothing shall be construed to permit or require the reporting of lawful health care activity. Amends the Wrongful Death Act. Prohibits a cause of action against any person (rather than only a physician or a medical institution) for the wrongful death of a fetus caused by an abortion where the abortion was permitted by law and the requisite consent was lawfully given. Amends the Illinois Parentage Act of 2015. Provides that the terms of the most recent informed consent govern if the intended parent or parents no longer wish to use any remaining cryopreserved fertilized ovum. Amends the Reproductive Health Act. Includes assisted reproduction in the definition of "reproductive health care". Requires a lawsuit brought under the Act to be commenced within 2 years after the cause of action was discovered. Allows an advanced practice registered nurse or physician assistant to perform aspiration abortion procedures. Amends the Medical Practice Act of 1987, the Nurse Practice Act, the Physician Assistant Practice Act of 1987, the Clinical Social Work and Social Work Practice Act, the Pharmacy Practice Act, the Genetic Counselor Licensing Act, the Clinical Psychologist Licensing Act, the Marriage and Family Therapy Licensing Act, the Licensed Certified Professional Midwife Practice Act, the Professional Counselor and Clinical Professional Counselor Licensing and Practice Act, and the Registered Surgical Assistant and Registered Surgical Technologist Title Protection Act. Provides that the Department of Financial and Professional Regulation shall not take action against a license or permit issued under those Acts based solely upon the license of the person being revoked or the person otherwise being disciplined by any other state or territory for actions related to any health care, medical service, or procedure if the revocation or disciplinary action was based solely on a violation of the other state's law prohibiting such action performed in any state for any person and such conduct is permissible under State law. Amends the Medical Practice Act of 1987, the Nurse Practice Act, and the Physician Assistant Practice Act. Allows the Department of Financial and Professional Regulation to issue temporary permits for reproductive health care to a person who is licensed to practice under Acts equivalent to those in another state. Creates the Lawful Health Care Activity Act. Provides that the laws of the State govern in any case or controversy heard in the State related to lawful health care activity. Amends the Uniform Interstate Depositions and Discovery Act. Contains provisions regarding unenforceable foreign subpoenas. Amends the Uniform Act to Secure the Attendance of Witnesses from Within or Without a State in Criminal Proceedings. Restricts a subpoena, summons, or order from being issued for a witness to provide information or testimony in relation to any proceeding if the charge is based on conduct that involves lawful health care activity that is not unlawful in the State. Amends the Uniform Criminal Extradition Act. Provides that the Governor shall not surrender a person if the charge is based on conduct that involves seeking, providing, receiving, assisting in seeking, providing, or receiving, providing material support for, or traveling to obtain lawful health care that is not unlawful under the laws of the State. Amends the Counties Code, the Medical Practice Act of 1987, and the Consent by Minors to Health Care Services Act to remove references to the Parental Notice of Abortion Act of 1983 and the Parental Notice of Abortion Act of 1995. Makes other and conforming changes to various Acts. Effective immediately, except that Article 2 is effective on January 1, 2024.