Date	Chamber	Action
1/13/2009	House	Session Sine Die

Statutes Amended In Order of Appearance

20 ILCS 3205/5

from Ch. 17, par. 455

20 ILCS 3205/6

from Ch. 17, par. 456

20 ILCS 3210/5

from Ch. 17, par. 405

205 ILCS 5/2

from Ch. 17, par. 302

205 ILCS 5/13

from Ch. 17, par. 320

205 ILCS 5/16

from Ch. 17, par. 323

205 ILCS 5/48

from Ch. 17, par. 359

205 ILCS 5/78.5 new

205 ILCS 5/79.5 new

205 ILCS 5/82

from Ch. 17, par. 394

205 ILCS 5/78 rep.

205 ILCS 5/79 rep.

205 ILCS 10/2

from Ch. 17, par. 2502

205 ILCS 10/3.074

from Ch. 17, par. 2510.04

205 ILCS 510/0.05

205 ILCS 620/1-5.15 new

205 ILCS 620/2-7

from Ch. 17, par. 1552-7

205 ILCS 620/4-5

from Ch. 17, par. 1554-5

205 ILCS 620/5-1

from Ch. 17, par. 1555-1

205 ILCS 620/5-3

from Ch. 17, par. 1555-3

205 ILCS 620/5-5

from Ch. 17, par. 1555-5

205 ILCS 620/5-6

from Ch. 17, par. 1555-6

205 ILCS 620/5-8

from Ch. 17, par. 1555-8

205 ILCS 620/5-9

from Ch. 17, par. 1555-9

205 ILCS 650/2

from Ch. 17, par. 2852

205 ILCS 680/Act rep.

Synopsis As Introduced
Amends the Office of Banks and Real Estate Act to change the powers of the Secretary of Financial and Professional Regulation to issue certain authorizations. Amends the Illinois Bank Examiners' Education Foundation Act to provide that the Foundation shall be governed by a Board of Trustees that consists of the members of the Board of Banks and Trust Companies. Amends the Illinois Banking Act. Deletes the definition of "State Banking Board". Changes provisions concerning the issuance of bank charters. Makes changes concerning notification of meetings of the board of directors. Provides that the Secretary (i) may prescribe the requirements to file applications electronically and (ii) may impose civil penalties in an amount not to exceed that amount a federal regulatory agency is authorized to charge under federal law (rather than $10,000) for violations of the Act. Creates a new Board of Banks and Trust Companies and specifies the appointment and terms of its members. Repeals provisions concerning the current Board of Banks and Trust Companies. Amends the Pawnbroker Regulation Act to make changes to the powers and duties of the Secretary. Amends the Corporate Fiduciary Act. Removes a provision requiring the Secretary to record certain information in the Office of the Secretary of State. Makes changes in provisions concerning certificates of authority. Makes changes in provisions concerning the orders issued by the Secretary. Makes changes in provisions concerning the statement of condition by a corporate fiduciary. Amends the Foreign Bank Representative Office Act to make a change to the definition of "foreign bank". Repeals the Financial Institution Activity Reporting Act. Changes some references in various Acts from (1) the Commissioner of Banks and Real Estate to the Secretary of Financial and Professional Regulation and (2) the State Banking Board to the Board of Banks and Trust Companies. Makes other changes. Effective January 1, 2009.

Actions 

Date	Chamber	Action
2/11/2008	House	Filed with the Clerk by Rep. Michael K. Smith
2/11/2008	House	First Reading
2/11/2008	House	Referred to Rules Committee
1/13/2009	House	Session Sine Die

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