Illinois General Assembly - Bill Status for HB4541
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 Bill Status of HB4541  101st General Assembly


Short Description:  MUNI CD-FINANCIAL INSTITUTIONS

House Sponsors
Rep. Lawrence Walsh, Jr.

Senate Sponsors
(Sen. David Koehler)

Last Action
DateChamber Action
  8/14/2018HousePublic Act . . . . . . . . . 100-0854

Statutes Amended In Order of Appearance
65 ILCS 5/8-1-3.1from Ch. 24, par. 8-1-3.1


Synopsis As Introduced
Amends the Finance Article of the Illinois Municipal Code. Revises the definition of "financial institution" to mean any bank, savings bank, savings and loan association, or credit union established under the laws of the United States, the State, or any other state; or any regional planning commissions or joint regional planning commissions union established under specified provisions (rather than any bank subject to the Illinois Banking Act, any savings and loan association subject to the Illinois Savings and Loan Act of 1985, any federally chartered commercial bank or savings and loan association organized and operated in this State pursuant to the laws of the United States, and any regional planning commissions or joint regional planning commissions union). Effective immediately.

Actions 
DateChamber Action
  2/2/2018HouseFiled with the Clerk by Rep. Lawrence Walsh, Jr.
  2/5/2018HouseFirst Reading
  2/5/2018HouseReferred to Rules Committee
  2/12/2018HouseAssigned to Financial Institutions Committee
  2/27/2018HouseDo Pass / Short Debate Financial Institutions Committee; 007-000-000
  2/28/2018HousePlaced on Calendar 2nd Reading - Short Debate
  3/1/2018HouseSecond Reading - Short Debate
  3/1/2018HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/7/2018HouseThird Reading - Short Debate - Passed 107-000-000
  3/9/2018SenateArrive in Senate
  3/9/2018SenatePlaced on Calendar Order of First Reading
  3/9/2018SenateChief Senate Sponsor Sen. David Koehler
  3/9/2018SenateFirst Reading
  3/9/2018SenateReferred to Assignments
  4/25/2018SenateAssigned to Financial Institutions
  5/2/2018SenateDo Pass Financial Institutions; 006-000-000
  5/2/2018SenatePlaced on Calendar Order of 2nd Reading May 3, 2018
  5/8/2018SenateSecond Reading
  5/8/2018SenatePlaced on Calendar Order of 3rd Reading May 9, 2018
  5/23/2018SenateThird Reading - Passed; 058-000-000
  5/23/2018HousePassed Both Houses
  6/21/2018HouseSent to the Governor
  8/14/2018HouseGovernor Approved
  8/14/2018HouseEffective Date August 14, 2018
  8/14/2018HousePublic Act . . . . . . . . . 100-0854

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