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Sen. Robert Peters
Filed: 3/25/2021
| | 10200SB0653sam001 | | LRB102 13364 RJF 24251 a |
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1 | | AMENDMENT TO SENATE BILL 653
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2 | | AMENDMENT NO. ______. Amend Senate Bill 653 as follows:
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3 | | on page 4, by replacing lines 17 through 25 with the following: |
4 | | "For purposes of this Act, the term "financial |
5 | | institution" "bank" or "savings and loan association" shall be |
6 | | deemed to include a bank, a savings and loan association, a |
7 | | savings bank, a credit union, a minority depository |
8 | | institution as designated by the Federal Deposit Insurance |
9 | | Corporation, or a community development financial institution |
10 | | certified by the United States Treasury Community Development |
11 | | Financial Institutions Fund, which is operating in the State |
12 | | of Illinois a credit union, and, unless otherwise specifically |
13 | | set forth in this Act, credit unions shall be subject to all |
14 | | rights, "; and |
15 | | on page 31, by replacing line 24 with "acceptable under |
16 | | Sections 11 and 11.1."; and
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