Bill Status of HB 4655   99th General Assembly

Short Description:  BANKS-FEDERAL HOME LOAN BANK

House Sponsors
Rep. Patricia R. Bellock

Last Action  View All Actions

DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
205 ILCS 5/48.3from Ch. 17, par. 360.2
205 ILCS 205/9012from Ch. 17, par. 7309-12
205 ILCS 305/9.1

Synopsis As Introduced
Amends the Illinois Banking Act and the Savings Bank Act. Replaces "Commissioner" with "Secretary" in provisions related to the disclosure of information in order to update references to the Secretary of Financial and Professional Regulation. Allows the Secretary to provide confidential supervisory information to the Federal Home Loan Bank of Chicago under certain circumstances. Amends the Illinois Credit Union Act. Includes the Federal Home Loan Bank of the Federal Home Loan Bank System district in which the credit union is located as an entity that confidential supervisory information may be disclosed to by the Secretary if it has a legitimate regulatory interest. Effective immediately.

Actions 
DateChamber Action
  2/2/2016HouseFiled with the Clerk by Rep. Patricia R. Bellock
  2/5/2016HouseFirst Reading
  2/5/2016HouseReferred to Rules Committee
  1/10/2017HouseSession Sine Die

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