HB 497

  • Illinois House Bill
  • 95th Regular Session
  • Introduced in House May 30, 2007
  • Passed House Mar 01, 2007
  • Passed Senate May 30, 2007
  • Signed by Governor Aug 28, 2007

Bank Act-Affiliate-Comm Activ

Abstract

Amends the Illinois Banking Act. Prohibits banks from establishing a branch on or adjacent to the premises of an affiliate of the bank if the affiliate engages in commercial activity that could not lawfully be conducted by a bank holding company, a financial holding company, or their subsidiaries. Provides that if an entity attempts to locate an office of an affiliate on or adjacent to the premises of the bank office or branch, then the entity must cease to operate its bank office or branch at that location. Effective immediately.

Bill Sponsors (1)

Votes


Actions


Aug 28, 2007

House

Governor Approved

House

Public Act . . . . . . . . . 95-0526

House

Effective Date August 28, 2007

Jun 29, 2007

House

Sent to the Governor

Jun 01, 2007

House

Senate Committee Amendment No. 2 House Concurs 104-000-003

House

Passed Both Houses

House

Senate Floor Amendment No. 3 House Concurs 104-000-003

May 31, 2007

House

Senate Floor Amendment No. 3 Motion to Concur Rules Referred to Financial Institutions Committee

House

Final Action Deadline Extended-9(b) June 8, 2007

House

Senate Floor Amendment No. 3 Motion to Concur Recommends be Adopted Financial Institutions Committee; 018-000-000

House

Senate Committee Amendment No. 2 Motion to Concur Recommends be Adopted Financial Institutions Committee; 018-000-000

House

Senate Committee Amendment No. 2 Motion to Concur Rules Referred to Financial Institutions Committee

May 30, 2007

Senate

Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a)

House

Senate Floor Amendment No. 3 Motion to Concur Referred to Rules Committee

House

Senate Committee Amendment No. 2 Motion to Concur Referred to Rules Committee

House

Senate Floor Amendment No. 3 Motion Filed Concur Rep. Joseph M. Lyons

House

Senate Committee Amendment No. 2 Motion Filed Concur Rep. Joseph M. Lyons

House

Placed on Calendar Order of Concurrence Senate Amendment(s) 2,3

House

Arrived in House

Senate

Third Reading - Passed; 059-000-000

Senate

Placed on Calendar Order of 3rd Reading

Senate

Senate Floor Amendment No. 3 Adopted; Link

Senate

Recalled to Second Reading

May 25, 2007

Senate

Rule 2-10 Third Reading Deadline Established As May 31, 2007

May 24, 2007

Senate

Senate Floor Amendment No. 3 Recommend Do Adopt Financial Institutions; 006-000-000

May 23, 2007

Senate

Senate Floor Amendment No. 3 Rules Refers to Financial Institutions

May 22, 2007

Senate

Second Reading

Senate

Placed on Calendar Order of 3rd Reading May 23, 2007

May 18, 2007

Senate

Senate Floor Amendment No. 3 Referred to Rules

Senate

Senate Floor Amendment No. 3 Filed with Secretary by Sen. Terry Link

May 15, 2007

Senate

Senate Committee Amendment No. 2 Adopted

Senate

Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Rules

Senate

Placed on Calendar Order of 2nd Reading May 16, 2007

Senate

Do Pass as Amended Financial Institutions; 007-000-000

May 09, 2007

Senate

Senate Committee Amendment No. 2 Rules Refers to Financial Institutions

May 08, 2007

Senate

Senate Committee Amendment No. 2 Filed with Secretary by Sen. Terry Link

Senate

Added as Alternate Chief Co-Sponsor Sen. Jacqueline Y. Collins

Senate

Senate Committee Amendment No. 2 Referred to Rules

Senate

Alternate Chief Sponsor Changed to Sen. Terry Link

May 02, 2007

Senate

Alternate Chief Sponsor Changed to Sen. John J. Cullerton

Senate

Senate Committee Amendment No. 1 Rules Refers to Financial Institutions

May 01, 2007

Senate

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Terry Link

Senate

Senate Committee Amendment No. 1 Referred to Rules

Apr 20, 2007

Senate

Held in Financial Institutions

Mar 30, 2007

Senate

Assigned to Financial Institutions

Mar 27, 2007

Senate

Added as Alternate Chief Co-Sponsor Sen. Susan Garrett

Mar 08, 2007

Senate

First Reading

Senate

Referred to Rules

Mar 06, 2007

Senate

Arrive in Senate

Senate

Chief Senate Sponsor Sen. Terry Link

Senate

Placed on Calendar Order of First Reading March 7, 2007

Mar 01, 2007

House

Third Reading - Short Debate - Passed 111-000-003

Feb 23, 2007

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

Second Reading - Short Debate

Feb 22, 2007

House

Added Co-Sponsor Rep. Jim Watson

House

Added Co-Sponsor Rep. Richard T. Bradley

House

Added Chief Co-Sponsor Rep. Monique D. Davis

House

Added Co-Sponsor Rep. Harry Osterman

House

Placed on Calendar 2nd Reading - Short Debate

Feb 21, 2007

House

Added Co-Sponsor Rep. Shane Cultra

House

Do Pass as Amended / Short Debate Financial Institutions Committee; 019-000-001

House

House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote

House

House Committee Amendment No. 1 Filed with Clerk by Financial Institutions Committee

House

Added Co-Sponsor Rep. Rich Brauer

House

Added Co-Sponsor Rep. Michael K. Smith

House

Added Co-Sponsor Rep. Thomas Holbrook

House

Added Chief Co-Sponsor Rep. Patricia R. Bellock

House

Added Co-Sponsor Rep. John D'Amico

House

Added Co-Sponsor Rep. Aaron Schock

Feb 16, 2007

House

Added Co-Sponsor Rep. Roger L. Eddy

Feb 15, 2007

House

Added Co-Sponsor Rep. Lisa M. Dugan

Feb 09, 2007

House

Added Co-Sponsor Rep. Chapin Rose

Feb 08, 2007

House

Added Co-Sponsor Rep. Daniel J. Burke

Feb 07, 2007

House

Assigned to Financial Institutions Committee

Feb 01, 2007

House

Referred to Rules Committee

House

First Reading

Jan 30, 2007

House

Chief Co-Sponsor Rep. Bill Mitchell

House

Chief Co-Sponsor Rep. Mike Boland

House

Filed with the Clerk by Rep. Joseph M. Lyons

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML
Enrolled HTML

Related Documents

Document Format
Public Act
Senate Amendment 003
Senate Amendment 002
Senate Amendment 001
House Amendment 001

Sources

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