Bill Status of SB 2325   94th General Assembly


Short Description:  BANKING EMERGENCY-OPEN OFFICES

Senate Sponsors
Sen. Mike Jacobs-Jacqueline Y. Collins-Dan Rutherford

House Sponsors
(Rep. Angelo Saviano-Mike Boland)


Last Action  View All Actions

DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
205 ILCS 610/2from Ch. 17, par. 1002

Synopsis As Introduced
Amends the Banking Emergencies Act. Provides that, whenever the Commissioner becomes aware that an emergency exists, or is impending, he or she may, by proclamation, authorize any bank organized under the laws of another state, or of the United States, to open and operate offices in this State and to remain open until the Commissioner declares, by further proclamation, that the emergency or impending emergency has ended. Effective immediately.

Senate Floor Amendment No. 1
Requires the Department to adopt rules to implement the new provisions.

Actions 
DateChamber Action
  1/12/2006SenateFiled with Secretary by Sen. Mike Jacobs
  1/12/2006SenateFirst Reading
  1/12/2006SenateReferred to Rules
  1/19/2006SenateAssigned to Financial Institutions
  1/31/2006SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  2/2/2006SenateDo Pass Financial Institutions; 009-000-000
  2/2/2006SenatePlaced on Calendar Order of 2nd Reading February 7, 2006
  2/7/2006SenateSecond Reading
  2/7/2006SenatePlaced on Calendar Order of 3rd Reading February 8, 2006
  2/16/2006SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Dan Rutherford
  2/16/2006SenateSenate Floor Amendment No. 1 Referred to Rules
  2/28/2006SenateSenate Floor Amendment No. 1 Rules Refers to Financial Institutions
  3/1/2006SenateSenate Floor Amendment No. 1 Recommend Do Adopt Financial Institutions; 007-000-000
  3/1/2006SenateAdded as Chief Co-Sponsor Sen. Dan Rutherford
  3/2/2006SenateRecalled to Second Reading
  3/2/2006SenateSenate Floor Amendment No. 1 Adopted; Rutherford
  3/2/2006SenatePlaced on Calendar Order of 3rd Reading
  3/2/2006SenateThird Reading - Passed; 057-000-000
  3/2/2006HouseArrived in House
  3/2/2006HousePlaced on Calendar Order of First Reading
  3/2/2006HouseChief House Sponsor Rep. Angelo Saviano
  3/2/2006HouseFirst Reading
  3/2/2006HouseReferred to Rules Committee
  3/15/2006HouseAdded Alternate Chief Co-Sponsor Rep. Mike Boland
  1/9/2007SenateSession Sine Die

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