Illinois General Assembly - Bill Status for SB2363
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 Bill Status of SB2363  94th General Assembly


Senate Sponsors
Sen. John J. Cullerton - Dan Rutherford and Christine Radogno

House Sponsors
(Rep. Sara Feigenholtz)

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

Statutes Amended In Order of Appearance
205 ILCS 705/5
205 ILCS 705/10

Synopsis As Introduced
Amends the Financial Institutions Electronic Documents and Digital Signature Act. For purposes of the Act, defines "financial institution" to include subsidiaries and affiliates of banks, savings and loan associations, savings banks, and credit unions. If a financial institution is required by law to provide or make available certain information in writing to consumers, provides that the use of an electronic record to provide or make available that information satisfies the writing requirement if the consumer consents and if certain notices are provided. Provides that oral communication or recording of oral communication does not qualify as an electronic record. Contains other provisions concerning the rights of consumers, the effect of failure to obtain electronic consent or confirmation of consent, the effect of withdrawal of consent, and prior consent. Effective immediately.

DateChamber Action
  1/18/2006SenateFiled with Secretary by Sen. John J. Cullerton
  1/18/2006SenateFirst Reading
  1/18/2006SenateReferred to Rules
  2/8/2006SenateAssigned to Financial Institutions
  2/16/2006SenateDo Pass Financial Institutions; 008-000-000
  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; 059-000-000
  2/23/2006HouseArrived in House
  2/23/2006HousePlaced on Calendar Order of First Reading
  2/24/2006HouseChief House Sponsor Rep. Sara Feigenholtz
  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
  1/9/2007SenateSession Sine Die

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