Illinois General Assembly - Bill Status for SB 171

Bill Status of SB 171 95th General Assembly

Short Description: BANKING ACT-PROHIBITED ACTS

Senate Sponsors
Sen. Don Harmon-Ira I. Silverstein

House Sponsors
(Rep. Thomas Holbrook-John A. Fritchey-Marlow H. Colvin-Monique D. Davis-Rosemary Mulligan, LaShawn K. Ford, Arthur L. Turner, Michael Zalewski, Greg Harris, Daniel V. Beiser, Michael K. Smith, Patrick J Verschoore and Sandra M. Pihos)

Last Action View All Actions

Date Chamber Action
  4/10/2009 Senate Public Act . . . . . . . . . 95-1051

Statutes Amended In Order of Appearance
205 ILCS 5/40 from Ch. 17, par. 350

Synopsis As Introduced
Amends the Illinois Banking Act. Creates an exception in a provision prohibiting the Director of Financial and Professional Regulation of the Division of Banks and Real Estate, his or her deputies, and employees of the Division of Banks and Real Estate of the Department of Financial and Professional Regulation (was the Commissioner, deputy directors, and employees of the Office of Banks and Real Estate) from obtaining a loan from an entity regulated by the Act by permitting an employee of the Division to obtain a loan from a regulated entity if the loan was not offered with the intent to influence the performance of the employee's official duties and if the loan qualifies within other exceptions under federal law. Effective immediately.

Senate Committee Amendment No. 1
Deletes reference to:
205 ILCS 5/40
Adds reference to:
815 ILCS 205/4.2 from Ch. 17, par. 6407
815 ILCS 140/1d new

Deletes everything after the enacting clause. Amends the Credit Card Issuance Act. Prohibits the issuer of a credit card from including in the issuer's credit card contract or agreement a universal default clause that increases the interest rate upon the holder of the credit card for a late payment to another credit card issuer or creditor. Defines "universal default clause". Amends the Interest Act. Provides that, in the case of any credit card account under a revolving credit arrangement containing a universal default provision, no increase in the annual percentage rate of interest, applicable to the account or any portion of an outstanding balance on the account may be made to a credit card account because the holder is late with a payment to another credit card issuer or creditor.

House Floor Amendment No. 3
Deletes reference to:
815 ILCS 205/4.2
815 ILCS 140/1d new
Adds reference to:
220 ILCS 5/19-105
220 ILCS 5/19-110
220 ILCS 5/19-111 new
220 ILCS 5/19-112 new
220 ILCS 5/19-115
220 ILCS 5/19-120
220 ILCS 5/19-125
815 ILCS 505/2DDD new
815 ILCS 505/2EEE new
815 ILCS 505/2FFF new
815 ILCS 505/2GGG new
815 ILCS 505/2DDD new

Replaces everything after the enacting clause. Amends the Alternative Gas Supplier Law of the Public Utilities Act. Adds a definition of "sales agent" and makes changes in the definition of "small commercial customer". Makes changes in provisions concerning certification of alternative gas suppliers, obligations of alternative gas suppliers, the Illinois Commerce Commission's oversight of services provided by gas suppliers, and consumer education. Adds provisions concerning material changes in business and managerial resources. Amends the Consumer Fraud and Deceptive Business Practices Act. Adds provisions to the Act concerning the business practices of alternative gas suppliers. Effective immediately.

Actions
Date Chamber Action
  1/31/2007 Senate Filed with Secretary by Sen. Terry Link
  1/31/2007 Senate First Reading
  1/31/2007 Senate Referred to Rules
  2/7/2007 Senate Assigned to Financial Institutions
  3/14/2007 Senate Senate Committee Amendment No. 1 Filed with Secretary by Sen. Terry Link
  3/14/2007 Senate Senate Committee Amendment No. 1 Referred to Rules
  3/14/2007 Senate Senate Committee Amendment No. 1 Rules Refers to Financial Institutions
  3/15/2007 Senate Senate Committee Amendment No. 1 Adopted
  3/15/2007 Senate Do Pass as Amended Financial Institutions; 009-000-000
  3/15/2007 Senate Placed on Calendar Order of 2nd Reading March 20, 2007
  3/22/2007 Senate Second Reading
  3/22/2007 Senate Placed on Calendar Order of 3rd Reading March 27, 2007
  3/30/2007 Senate Rule 2-10 Third Reading Deadline Established As May 31, 2007
  5/2/2007 Senate Added as Chief Co-Sponsor Sen. Ira I. Silverstein
  5/2/2007 Senate Third Reading - Passed; 056-001-000
  5/2/2007 House Arrived in House
  5/2/2007 House Placed on Calendar Order of First Reading
  5/2/2007 House Chief House Sponsor Rep. John A. Fritchey
  5/2/2007 House First Reading
  5/2/2007 House Referred to Rules Committee
  5/10/2007 House Assigned to Financial Institutions Committee
  5/14/2007 House Added Alternate Co-Sponsor Rep. Arthur L. Turner
  5/18/2007 House Committee Deadline Extended-Rule 9(b) May 25, 2007
  5/22/2007 House Do Pass / Short Debate Financial Institutions Committee; 015-000-000
  5/22/2007 House Placed on Calendar 2nd Reading - Short Debate
  5/22/2007 House Added Alternate Chief Co-Sponsor Rep. Monique D. Davis
  5/23/2007 House Added Alternate Chief Co-Sponsor Rep. Rosemary Mulligan
  5/25/2007 House House Floor Amendment No. 1 Filed with Clerk by Rep. John A. Fritchey
  5/25/2007 House House Floor Amendment No. 1 Referred to Rules Committee
  5/28/2007 House House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000
  5/29/2007 House Second Reading - Short Debate
  5/29/2007 House Held on Calendar Order of Second Reading - Short Debate
  5/31/2007 House Final Action Deadline Extended-9(b) June 8, 2007
  6/8/2007 House Final Action Deadline Extended-9(b) June 15, 2007
  6/15/2007 House Final Action Deadline Extended-9(b) June 22, 2007
  6/22/2007 House Final Action Deadline Extended-9(b) June 30, 2007
  6/30/2007 House Final Action Deadline Extended-9(b) July 31, 2007
  7/31/2007 House Final Action Deadline Extended-9(b) August 4, 2007
  8/4/2007 House Final Action Deadline Extended-9(b) August 10, 2007
  8/10/2007 House Final Action Deadline Extended-9(b) August 17, 2007
  8/17/2007 House Final Action Deadline Extended-9(b) August 24, 2007
  8/24/2007 House Final Action Deadline Extended-9(b) September 5, 2007
  9/5/2007 House Final Action Deadline Extended-9(b) October 5, 2007
  10/5/2007 House Final Action Deadline Extended-9(b) October 12, 2007
  10/12/2007 House Final Action Deadline Extended-9(b) November 2, 2007
  11/2/2007 House Final Action Deadline Extended-9(b) November 30, 2007
  11/30/2007 House Final Action Deadline Extended-9(b) January 10, 2008
  1/10/2008 House Rule 19(a) / Re-referred to Rules Committee
  1/17/2008 House Added Alternate Chief Co-Sponsor Rep. LaShawn K. Ford
  1/12/2009 House Final Action Deadline Extended-9(b) January 13, 2009
  1/12/2009 House Approved for Consideration Rules Committee; 005-000-000
  1/12/2009 House Placed on Calendar 2nd Reading - Short Debate
  1/12/2009 House Alternate Chief Sponsor Changed to Rep. Thomas Holbrook
  1/12/2009 House Added Alternate Chief Co-Sponsor Rep. John A. Fritchey
  1/12/2009 House Added Alternate Co-Sponsor Rep. LaShawn K. Ford
  1/12/2009 House Added Alternate Chief Co-Sponsor Rep. Marlow H. Colvin
  1/12/2009 House Added Alternate Co-Sponsor Rep. Michael Zalewski
  1/12/2009 Senate Chief Sponsor Changed to Sen. Don Harmon
  1/12/2009 House House Floor Amendment No. 2 Filed with Clerk by Rep. Thomas Holbrook
  1/12/2009 House House Floor Amendment No. 2 Referred to Rules Committee
  1/12/2009 House House Floor Amendment No. 2 Rules Refers to Consumer Protection Committee
  1/13/2009 House House Floor Amendment No. 2 Recommends Be Adopted Consumer Protection Committee; 009-000-000
  1/13/2009 House House Floor Amendment No. 3 Filed with Clerk by Rep. Thomas Holbrook
  1/13/2009 House House Floor Amendment No. 3 Referred to Rules Committee
  1/13/2009 House House Floor Amendment No. 3 Recommends Be Adopted Rules Committee; 003-000-000
  1/13/2009 House Second Reading - Short Debate
  1/13/2009 House House Floor Amendment No. 1 Withdrawn by Rep. John A. Fritchey
  1/13/2009 House House Floor Amendment No. 2 Withdrawn by Rep. Thomas Holbrook
  1/13/2009 House House Floor Amendment No. 3 Adopted by Voice Vote
  1/13/2009 House Placed on Calendar Order of 3rd Reading - Short Debate
  1/13/2009 House Third Reading - Short Debate - Passed 113-000-000
  1/13/2009 House Added Alternate Co-Sponsor Rep. Greg Harris
  1/13/2009 House Added Alternate Co-Sponsor Rep. Daniel V. Beiser
  1/13/2009 House Added Alternate Co-Sponsor Rep. Michael K. Smith
  1/13/2009 House Added Alternate Co-Sponsor Rep. Patrick J Verschoore
  1/13/2009 House Added Alternate Co-Sponsor Rep. Sandra M. Pihos
  1/13/2009 Senate Secretary's Desk - Concurrence House Amendment(s) 03
  1/13/2009 Senate Placed on Calendar Order of Concurrence House Amendment(s) January 13, 2009; 03
  1/13/2009 Senate House Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Don Harmon
  1/13/2009 Senate House Floor Amendment No. 3 Motion to Concur Referred to Rules
  1/13/2009 Senate House Floor Amendment No. 3 Motion to Concur Rules Referred to Executive
  1/13/2009 Senate House Floor Amendment No. 3 Motion To Concur Recommended Do Adopt Executive; 012-000-000
  1/13/2009 Senate House Floor Amendment No. 3 Senate Concurs 055-000-000
  1/13/2009 Senate Passed Both Houses
  2/11/2009 Senate Sent to the Governor
  4/10/2009 Senate Governor Approved
  4/10/2009 Senate Effective Date April 10, 2009
  4/10/2009 Senate Public Act . . . . . . . . . 95-1051

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Date	Chamber	Action
4/10/2009	Senate	Public Act . . . . . . . . . 95-1051