Date	Chamber	Action
1/13/2015	Senate	Session Sine Die

Statutes Amended In Order of Appearance

205 ILCS 5/48.1

from Ch. 17, par. 360

Synopsis As Introduced
Amends the Illinois Banking Act. Provides that a bank shall utilize a form, statement, or writing to obtain a customer's consent to disclose any financial records or information obtained from financial records relating to that customer to non-affiliated third persons or parties. Provides criteria for banks to meet regarding the form, statement, or writing to obtain a customer's consent to disclose financial information relating to the customer's financial records. Provides that a bank shall not discriminate against or deny an otherwise qualified customer a financial product or financial service because the customer has not provided the consent to authorize the bank to disclose or share financial records or financial information obtained from financial records relating to that customer with any non-affiliated third person. Provides that a bank shall not be liable for failing to offer products and services to a customer solely because (i) that customer has failed to provide consent and the bank could not offer the product or service without consent and (ii) the customer has failed to provide consent.

Actions 

Date	Chamber	Action
1/30/2013	Senate	Filed with Secretary by Sen. Daniel Biss
1/30/2013	Senate	First Reading
1/30/2013	Senate	Referred to Assignments
2/7/2013	Senate	Assigned to Financial Institutions
2/28/2013	Senate	Postponed - Financial Institutions
3/6/2013	Senate	Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
3/12/2013	Senate	Added as Co-Sponsor Sen. Terry Link
3/13/2013	Senate	Added as Chief Co-Sponsor Sen. Ira I. Silverstein
3/22/2013	Senate	Rule 3-9(a) / Re-referred to Assignments
1/13/2015	Senate	Session Sine Die

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