Pamela J. Althoff
- Republican
Primary
Amends the Division of Banking Act. Authorizes the Secretary of Financial and Professional Regulation to establish a Commercial Bank Regulatory Section and a Savings Bank Regulatory Section within the Division. Amends the State Finance Act. Changes the name of the Savings and Residential Finance Regulatory Fund to the Residential Finance Regulatory Fund. Provides for expenditures from the Savings Institution Regulatory Fund and the Residential Finance Regulatory Fund related to the disposition of unclaimed property. Amends the Savings Bank Act. Provides that the Secretary may charter mutual and stock holding companies in connection with a mutual savings bank reorganization. Establishes the effect of the repeal of the Illinois Savings and Loan Act of 1985, including the regulation of entities formerly under the Illinois Savings and Loan Act as savings banks under the Savings Bank Act. Changes references from "member or shareholder" to "customer". Changes references from "Commissioner" to "Secretary". Makes changes to provisions concerning articles of incorporation, proxies, directors, access to books and records, regulations, investment in loans, loans to one borrower, mergers, conversion of an existing depository institution to a savings bank, powers of the Secretary, regulatory fees, and disclosure of reports of examinations and confidential supervisory information. Repeals the Illinois Savings and Loan Act of 1985. Makes other changes. Effective immediately.
Governor Approved
Public Act . . . . . . . . . 98-1096
Effective Date January 1, 2015
Sent to the Governor
House Floor Amendment No. 1 Senate Concurs 056-000-000
Added as Co-Sponsor Sen. Kirk W. Dillard
Added as Chief Co-Sponsor Sen. Michael Noland
House Floor Amendment No. 4 Rule 19(a) / Re-referred to Rules Committee
House Floor Amendment No. 3 Motion To Concur Recommended Do Adopt Licensed Activities and Pensions; 008-000-000
House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Licensed Activities and Pensions; 008-000-000
House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Licensed Activities and Pensions; 008-000-000
House Floor Amendment No. 3 Motion to Concur Assignments Referred to Licensed Activities and Pensions
House Floor Amendment No. 1 Motion to Concur Assignments Referred to Licensed Activities and Pensions
House Floor Amendment No. 2 Motion to Concur Assignments Referred to Licensed Activities and Pensions
Passed Both Houses
House Floor Amendment No. 3 Senate Concurs 056-000-000
House Floor Amendment No. 2 Senate Concurs 056-000-000
House Floor Amendment No. 1 Motion to Concur Referred to Assignments
House Floor Amendment No. 3 Motion to Concur Referred to Assignments
House Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Pamela J. Althoff
House Floor Amendment No. 2 Motion to Concur Referred to Assignments
House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Pamela J. Althoff
House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Pamela J. Althoff
Placed on Calendar Order of Concurrence House Amendment(s) 1, 2, 3 - May 30, 2014
Secretary's Desk - Concurrence House Amendment(s) 1, 2, 3
Added Alternate Co-Sponsor Rep. Michael J. Zalewski
Added Alternate Co-Sponsor Rep. Christian L. Mitchell
Third Reading - Short Debate - Passed 115-000-000
Added Alternate Co-Sponsor Rep. La Shawn K. Ford
Added Alternate Co-Sponsor Rep. Emanuel Chris Welch
Added Alternate Co-Sponsor Rep. Mary E. Flowers
Added Alternate Co-Sponsor Rep. Brandon W. Phelps
Added Alternate Co-Sponsor Rep. Deborah Conroy
Added Alternate Co-Sponsor Rep. Ann Williams
Added Alternate Co-Sponsor Rep. John D'Amico
Placed on Calendar Order of 3rd Reading - Short Debate
House Floor Amendment No. 3 Adopted
House Floor Amendment No. 2 Adopted
House Floor Amendment No. 1 Adopted
Second Reading - Short Debate
Added Alternate Co-Sponsor Rep. Robert Rita
Alternate Chief Co-Sponsor Removed Rep. Jack D. Franks
Final Action Deadline Extended-9(b) May 30, 2014
Added Alternate Co-Sponsor Rep. Jack D. Franks
Alternate Co-Sponsor Removed Rep. Patricia R. Bellock
Added Alternate Co-Sponsor Rep. Linda Chapa LaVia
House Floor Amendment No. 2 Recommends Be Adopted Business & Occupational Licenses Committee; 007-000-000
House Floor Amendment No. 4 Rules Refers to Business & Occupational Licenses Committee
House Floor Amendment No. 3 Recommends Be Adopted Business & Occupational Licenses Committee; 007-000-000
House Floor Amendment No. 1 Recommends Be Adopted Business & Occupational Licenses Committee; 007-000-000
House Floor Amendment No. 4 Referred to Rules Committee
Added as Co-Sponsor Sen. Michael Noland
Sponsor Removed Sen. Michael Noland
House Floor Amendment No. 4 Filed with Clerk by Rep. Anna Moeller
House Floor Amendment No. 2 Rules Refers to Business & Occupational Licenses Committee
House Floor Amendment No. 3 Rules Refers to Business & Occupational Licenses Committee
House Floor Amendment No. 3 Referred to Rules Committee
House Floor Amendment No. 3 Filed with Clerk by Rep. Anna Moeller
Added Alternate Chief Co-Sponsor Rep. Anthony DeLuca
House Floor Amendment No. 2 Filed with Clerk by Rep. Anna Moeller
House Floor Amendment No. 2 Referred to Rules Committee
Alternate Chief Co-Sponsor Removed Rep. Sam Yingling
Added Alternate Co-Sponsor Rep. Sam Yingling
Added Alternate Co-Sponsor Rep. Frances Ann Hurley
Alternate Chief Co-Sponsor Changed to Rep. Patricia R. Bellock
House Floor Amendment No. 1 Rules Refers to Business & Occupational Licenses Committee
Added Alternate Co-Sponsor Rep. David McSweeney
Added Alternate Co-Sponsor Rep. Lou Lang
Added Alternate Chief Co-Sponsor Rep. Christian L. Mitchell
Added Alternate Chief Co-Sponsor Rep. Jack D. Franks
Added Alternate Chief Co-Sponsor Rep. Michael W. Tryon
Added Alternate Chief Co-Sponsor Rep. Sam Yingling
Alternate Chief Co-Sponsor Removed Rep. Rich Brauer
Added Alternate Co-Sponsor Rep. Stephanie A. Kifowit
Added Alternate Co-Sponsor Rep. Fred Crespo
Added Alternate Co-Sponsor Rep. Patricia R. Bellock
Added Alternate Co-Sponsor Rep. William Davis
Added Alternate Co-Sponsor Rep. John M. Cabello
Added Alternate Co-Sponsor Rep. Dennis M. Reboletti
Added Alternate Co-Sponsor Rep. Barbara Wheeler
Added Alternate Co-Sponsor Rep. C.D. Davidsmeyer
Added Alternate Co-Sponsor Rep. Carol A. Sente
Added Alternate Co-Sponsor Rep. Esther Golar
Added Alternate Co-Sponsor Rep. Michelle Mussman
Added Alternate Co-Sponsor Rep. Robert F. Martwick
Added Alternate Co-Sponsor Rep. Silvana Tabares
Added Alternate Co-Sponsor Rep. Marcus C. Evans, Jr.
Added Alternate Co-Sponsor Rep. Martin J. Moylan
House Floor Amendment No. 1 Referred to Rules Committee
House Floor Amendment No. 1 Filed with Clerk by Rep. Anna Moeller
Alternate Chief Sponsor Changed to Rep. Anna Moeller
Placed on Calendar 2nd Reading - Short Debate
Approved for Consideration Rules Committee; 003-000-000
Chief Sponsor Changed to Sen. Pamela J. Althoff
Rule 19(a) / Re-referred to Rules Committee
Final Action Deadline Extended-9(b) May 31, 2013
Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Judiciary; 009-001-000
Assigned to Judiciary
Final Action Deadline Extended-9(b) May 24, 2013
Added Alternate Chief Co-Sponsor Rep. Rich Brauer
First Reading
Referred to Rules Committee
Chief House Sponsor Rep. Maria Antonia Berrios
Third Reading - Passed; 053-000-000
Arrived in House
Placed on Calendar Order of 3rd Reading April 10, 2013
Second Reading
Do Pass as Amended Financial Institutions; 011-000-000
Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
Placed on Calendar Order of 2nd Reading March 7, 2013
Senate Committee Amendment No. 1 Adopted
Senate Committee Amendment No. 1 Referred to Assignments
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Michael W. Frerichs
Assigned to Financial Institutions
Referred to Assignments
Filed with Secretary by Sen. Michael W. Frerichs
First Reading
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
|---|---|
| Public Act | |
| House Amendment 004 | |
| House Amendment 003 | |
| House Amendment 002 | |
| House Amendment 001 | |
| Senate Amendment 001 |
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