Date	Chamber	Action
8/18/2017	House	Public Act . . . . . . . . . 100-0170

Statutes Amended In Order of Appearance

205 ILCS 715/5

205 ILCS 715/17 new

Synopsis As Introduced
Amends the Data Processing Services for Financial Institutions Act. Changes the definition of "financial institution" to remove a depository institution and include a bank, savings bank, credit union, or a foreign banking corporation that receives certificates of authority from the Department of Financial and Professional Regulation (rather than the Office of Banks and Real Estate). Provides that if a financial institution makes data available to an independent data processing servicer, the data shall remain the property of the financial institution. Effective immediately.

House Floor Amendment No. 1
In provisions concerning ownership of financial institution data, provides that the transfer of data by the financial institution, pursuant to an interface agreement or other agreement with the independent data processing servicer, only authorizes the independent data processing servicer to exercise temporary control of the data for the limited purpose of performing the contracted services by the financial institution.

Actions 

Date	Chamber	Action
2/9/2017	House	Filed with the Clerk by Rep. C.D. Davidsmeyer
2/9/2017	House	First Reading
2/9/2017	House	Referred to Rules Committee
2/22/2017	House	Assigned to Financial Institutions Committee
3/7/2017	House	Do Pass / Short Debate Financial Institutions Committee; 010-000-000
3/8/2017	House	Placed on Calendar 2nd Reading - Short Debate
3/9/2017	House	Second Reading - Short Debate
3/9/2017	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/15/2017	House	House Floor Amendment No. 1 Filed with Clerk by Rep. C.D. Davidsmeyer
3/15/2017	House	House Floor Amendment No. 1 Referred to Rules Committee
3/21/2017	House	House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000
3/23/2017	House	Recalled to Second Reading - Short Debate
3/23/2017	House	House Floor Amendment No. 1 Adopted
3/23/2017	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/30/2017	House	Third Reading - Short Debate - Passed 109-000-000
4/4/2017	Senate	Arrive in Senate
4/4/2017	Senate	Placed on Calendar Order of First Reading
4/4/2017	Senate	Chief Senate Sponsor Sen. Chris Nybo
4/4/2017	Senate	First Reading
4/4/2017	Senate	Referred to Assignments
4/25/2017	Senate	Assigned to Financial Institutions
5/10/2017	Senate	Do Pass Financial Institutions; 007-000-000
5/10/2017	Senate	Placed on Calendar Order of 2nd Reading May 11, 2017
5/19/2017	Senate	Second Reading
5/19/2017	Senate	Placed on Calendar Order of 3rd Reading May 22, 2017
5/25/2017	Senate	Third Reading - Passed; 055-000-000
5/25/2017	House	Passed Both Houses
6/23/2017	House	Sent to the Governor
8/18/2017	House	Governor Approved
8/18/2017	House	Effective Date August 18, 2017
8/18/2017	House	Public Act . . . . . . . . . 100-0170

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