Illinois General Assembly - Bill Status for SB2396
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 Bill Status of SB2396  94th General Assembly


Short Description:  BANKING-FED RESERVE REG W

Senate Sponsors
Sen. Don Harmon - Dan Rutherford and Christine Radogno

House Sponsors
(Rep. Elizabeth Coulson - Joseph M. Lyons)

Last Action
DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
205 ILCS 5/35.2from Ch. 17, par. 345


Synopsis As Introduced
Amends the Illinois Banking Act. Provides that a state bank and its subsidiaries in compliance with Regulation W promulgated by the Board of Governors of the Federal Reserve shall be deemed to be in compliance with certain provisions of the Act concerning limitations on investments in and loans to affiliates. Effective immediately.

Actions 
DateChamber Action
  1/18/2006SenateFiled with Secretary by Sen. Don Harmon
  1/18/2006SenateFirst Reading
  1/18/2006SenateReferred to Rules
  2/8/2006SenateAssigned to Financial Institutions
  2/16/2006SenateDo Pass Financial Institutions; 007-000-000
  2/16/2006SenatePlaced on Calendar Order of 2nd Reading February 22, 2006
  2/16/2006SenateAdded as Co-Sponsor Sen. Dan Rutherford
  2/22/2006SenateSecond Reading
  2/22/2006SenatePlaced on Calendar Order of 3rd Reading February 23, 2006
  2/23/2006SenateThird Reading - Passed; 058-000-000
  2/23/2006HouseArrived in House
  2/23/2006HousePlaced on Calendar Order of First Reading
  2/24/2006HouseChief House Sponsor Rep. Elizabeth Coulson
  2/24/2006HouseFirst Reading
  2/24/2006HouseReferred to Rules Committee
  2/24/2006SenateAdded as Co-Sponsor Sen. Christine Radogno
  2/27/2006SenateAdded as Chief Co-Sponsor Sen. Dan Rutherford
  3/2/2006HouseAdded Alternate Chief Co-Sponsor Rep. Joseph M. Lyons
  1/9/2007SenateSession Sine Die

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