Terry Link
- Democratic
Primary
Amends the Illinois Banking Act, the Illinois Savings and Loan Act of 1985, the Savings Bank Act, the Illinois Credit Union Act, and the Residential Mortgage License Act of 1987. Defines "Secretary" as the Secretary of Financial and Professional Regulation, or a person authorized by the Secretary or by the Acts to act in the Secretary's stead and changes some provisions to reference the Secretary instead of the Commissioner of Banks and Real Estate or the Director of Financial Institutions. Allows the Secretary to adopt emergency and general rules to adjust regulatory rates in some Acts and decreases regulatory fees in other Acts. Provides that (1) the specified sum shall be transferred from the Bank and Trust Company Fund, the Savings and Residential Finance Regulatory Fund, and the Credit Union Fund to the General Revenue Fund on the effective date of the amendatory Act; (2) the Governor may, during any fiscal year through January 10, 2011, from time to time direct the State Treasurer and Comptroller to transfer a specified sum not exceeding 10% of the revenues to be deposited into the Bank and Trust Company Fund during that fiscal year from that Fund to the General Revenue Fund in order to help defray the State's operating costs for the fiscal year; and (3) the total sum transferred during any fiscal year through January 10, 2011, from the Bank and Trust Company Fund to the General Revenue Fund pursuant to the State Finance Act or any other law shall not exceed during any fiscal year 10% of the revenues to be deposited into the Bank and Trust Company Fund during that fiscal year. Makes other changes. Effective immediately.
Public Act . . . . . . . . . 95-1047
Effective Date April 6, 2009
Governor Approved
Sent to the Governor
Passed Both Houses
Added as Co-Sponsor Sen. Dan Kotowski
House Floor Amendment No. 3 Senate Concurs 056-000-000
House Floor Amendment No. 2 Senate Concurs 056-000-000
House Floor Amendment No. 3 Motion To Concur Recommended Do Adopt Executive; 012-000-000
House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Executive; 012-000-000
House Floor Amendment No. 3 Motion to Concur Rules Referred to Executive
House Floor Amendment No. 2 Motion to Concur Rules Referred to Executive
House Floor Amendment No. 3 Motion to Concur Referred to Rules
House Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Terry Link
House Floor Amendment No. 2 Motion to Concur Referred to Rules
House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Terry Link
Placed on Calendar Order of Concurrence House Amendment(s) January 13, 2009; 02,03
Secretary's Desk - Concurrence House Amendment(s) 02,03
House Floor Amendment No. 3 Filed with Clerk by Rep. Joseph M. Lyons
Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
Third Reading - Short Debate - Passed 113-000-000
Placed on Calendar Order of 3rd Reading - Short Debate
House Floor Amendment No. 3 Adopted by Voice Vote
Recalled to Second Reading - Short Debate
Added Alternate Co-Sponsor Rep. Karen May
Added Alternate Co-Sponsor Rep. Sara Feigenholtz
Added Alternate Co-Sponsor Rep. Kathleen A. Ryg
Added Alternate Co-Sponsor Rep. Maria Antonia Berrios
Added Alternate Co-Sponsor Rep. Monique D. Davis
Added Alternate Co-Sponsor Rep. Patrick J Verschoore
House Floor Amendment No. 3 Recommends Be Adopted Executive Committee; 013-000-000
Added Alternate Co-Sponsor Rep. Julie Hamos
House Floor Amendment No. 3 Rules Refers to Executive Committee
Placed on Calendar Order of 3rd Reading - Short Debate
Final Action Deadline Extended-9(b) January 13, 2009
Motion to Reconsider Vote - Prevails 112-000-000
House Floor Amendment No. 3 Referred to Rules Committee
Motion Filed to Reconsider Vote Rep. Barbara Flynn Currie
House Committee Amendment No. 1 Motion Filed to Table Rep. Joseph M. Lyons
House Floor Amendment No. 2 Filed with Clerk by Rep. Joseph M. Lyons
House Floor Amendment No. 2 Referred to Rules Committee
House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 003-001-000
House Committee Amendment No. 1 Motion to Table Referred to Rules Committee
House Committee Amendment No. 1 Motion to Table Recommends Be Adopted Rules Committee; 003-001-000
House Committee Amendment No. 1 Motion to Table Amendment - Prevailed
House Committee Amendment No. 1 Tabled
House Floor Amendment No. 2 Adopted by Voice Vote
Placed on Calendar Order of 3rd Reading - Short Debate
Third Reading - Short Debate - Passed 109-000-004
Placed on Calendar 2nd Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
Second Reading - Short Debate
House Committee Amendment No. 1 Filed with Clerk by Executive Committee
Do Pass as Amended / Short Debate Executive Committee; 012-000-000
House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
Final Action Deadline Extended-9(b) May 31, 2008
Assigned to Executive Committee
Committee Deadline Extended-Rule 9(b) May 23, 2008
Added Alternate Chief Co-Sponsor Rep. Bill Mitchell
Added Alternate Chief Co-Sponsor Rep. John D'Amico
Added Alternate Chief Co-Sponsor Rep. Thomas Holbrook
Added Alternate Chief Co-Sponsor Rep. Lisa M. Dugan
Placed on Calendar Order of First Reading
Referred to Rules Committee
First Reading
Chief House Sponsor Rep. Joseph M. Lyons
Arrived in House
Placed on Calendar Order of 3rd Reading
Third Reading - Passed; 058-000-000
Added as Co-Sponsor Sen. Michael Noland
Senate Floor Amendment No. 2 Adopted; Link
Recalled to Second Reading
Senate Floor Amendment No. 2 Recommend Do Adopt Financial Institutions; 005-000-000
Senate Floor Amendment No. 2 Rules Refers to Financial Institutions
Senate Floor Amendment No. 2 Referred to Rules
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Terry Link
Added as Chief Co-Sponsor Sen. Kimberly A. Lightford
Second Reading
Placed on Calendar Order of 3rd Reading March 13, 2008
Do Pass as Amended Financial Institutions; 007-000-000
Added as Chief Co-Sponsor Sen. Dan Rutherford
Placed on Calendar Order of 2nd Reading March 11, 2008
Senate Committee Amendment No. 1 Adopted
Senate Committee Amendment No. 1 Rules Refers to Financial Institutions
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Terry Link
Senate Committee Amendment No. 1 Referred to Rules
Assigned to Financial Institutions
Added as Co-Sponsor Sen. William R. Haine
Referred to Rules
Filed with Secretary by Sen. Terry Link
First Reading
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
|---|---|
| Public Act | |
| House Amendment 003 | |
| House Amendment 002 | |
| House Amendment 001 | |
| Senate Amendment 002 | |
| Senate Amendment 001 |
Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.