Bill Status of HR 1305   97th General Assembly


Short Description:  COVENANT BANK-DEADLINE

House Sponsors
Rep. La Shawn K. Ford

Last Action  View All Actions

DateChamber Action
  1/8/2013HouseSession Sine Die

Synopsis As Introduced
Urges the Secretary of Financial and Professional Regulation to grant an extension to Covenant Bank in Chicago, Illinois, for the correction to the impairment of its capital until February 1, 2013 and to continue the extension unless the bank becomes critically undercapitalized. Urges the Secretary of Financial and Professional Regulation to grant the maximum initial term of 180 days to take corrective action to any community bank that has received a Section 51 order, unless that bank is critically undercapitalized.

Actions 
DateChamber Action
  11/26/2012HouseFiled with the Clerk by Rep. La Shawn K. Ford
  11/27/2012HouseReferred to Rules Committee
  1/8/2013HouseSession Sine Die

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