Bill Status of HB2406  98th General Assembly


House Sponsors
Rep. Monique D. Davis - Greg Harris - Marcus C. Evans, Jr. - André M. Thapedi - Jehan A. Gordon-Booth, La Shawn K. Ford, William Davis, Deborah Mell, Naomi D. Jakobsson, Emanuel Chris Welch, Robyn Gabel, Kenneth Dunkin, Al Riley, Camille Y. Lilly, Esther Golar, Charles E. Jefferson, Cynthia Soto, Thaddeus Jones, Rita Mayfield, Arthur Turner, Mary E. Flowers, Eddie Lee Jackson, Sr., Elgie R. Sims, Jr., Christian L. Mitchell, Derrick Smith, Deborah Conroy, Elizabeth Hernandez, Lawrence M. Walsh, Jr. and Sue Scherer

Last Action
DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
205 ILCS 5/47from Ch. 17, par. 358

Synopsis As Introduced
Amends the Illinois Banking Act. Provides that all State banks shall include in their quarterly statement to the Secretary of Financial and Professional Regulation (i) a list of all loans given to minority owned businesses in the last quarter and (ii) the ethnicity of the majority of owners of those businesses. Effective immediately.

House Committee Amendment No. 2
Deletes reference to:
205 ILCS 5/47
Adds reference to:
205 ILCS 5/47.5 new
205 ILCS 305/9.5 new

Replaces everything after the enacting clause. Amends the Illinois Banking Act and the Illinois Credit Union Act. Requires financial institutions and credit unions to maintain and submit a record of applications for credit from women-owned businesses, minority-owned businesses, or small businesses. Provides requirements for the maintenance and collection of those records. Authorizes the Department of Financial and Professional Regulation to adopt rules necessary to implement the provisions. Provides that the provisions shall be operative only until the effective date of the federal regulations implementing Section 1071 of the federal Dodd-Frank Wall Street Reform and Consumer Protection Act. Effective immediately.

DateChamber Action
  2/20/2013HouseFiled with the Clerk by Rep. Monique D. Davis
  2/20/2013HouseFirst Reading
  2/20/2013HouseReferred to Rules Committee
  2/25/2013HouseAssigned to Financial Institutions Committee
  3/8/2013HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Monique D. Davis
  3/8/2013HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  3/8/2013HouseAdded Chief Co-Sponsor Rep. Greg Harris
  3/8/2013HouseAdded Chief Co-Sponsor Rep. Marcus C. Evans, Jr.
  3/8/2013HouseAdded Chief Co-Sponsor Rep. André M. Thapedi
  3/8/2013HouseAdded Chief Co-Sponsor Rep. Jehan A. Gordon-Booth
  3/8/2013HouseAdded Co-Sponsor Rep. La Shawn K. Ford
  3/8/2013HouseAdded Co-Sponsor Rep. William Davis
  3/8/2013HouseAdded Co-Sponsor Rep. Deborah Mell
  3/8/2013HouseAdded Co-Sponsor Rep. Naomi D. Jakobsson
  3/8/2013HouseAdded Co-Sponsor Rep. Emanuel Chris Welch
  3/8/2013HouseAdded Co-Sponsor Rep. Robyn Gabel
  3/8/2013HouseAdded Co-Sponsor Rep. Kenneth Dunkin
  3/8/2013HouseAdded Co-Sponsor Rep. Al Riley
  3/8/2013HouseAdded Co-Sponsor Rep. Camille Y. Lilly
  3/8/2013HouseAdded Co-Sponsor Rep. Esther Golar
  3/8/2013HouseAdded Co-Sponsor Rep. Charles E. Jefferson
  3/8/2013HouseAdded Co-Sponsor Rep. Cynthia Soto
  3/8/2013HouseAdded Co-Sponsor Rep. Thaddeus Jones
  3/8/2013HouseAdded Co-Sponsor Rep. Rita Mayfield
  3/8/2013HouseAdded Co-Sponsor Rep. Arthur Turner
  3/11/2013HouseHouse Committee Amendment No. 1 Rules Refers to Financial Institutions Committee
  3/12/2013HouseAdded Co-Sponsor Rep. Mary E. Flowers
  3/12/2013HouseAdded Co-Sponsor Rep. Eddie Lee Jackson, Sr.
  3/12/2013HouseAdded Co-Sponsor Rep. Elgie R. Sims, Jr.
  3/12/2013HouseAdded Co-Sponsor Rep. Christian L. Mitchell
  3/12/2013HouseAdded Co-Sponsor Rep. Derrick Smith
  3/12/2013HouseHouse Committee Amendment No. 2 Filed with Clerk by Rep. Monique D. Davis
  3/12/2013HouseHouse Committee Amendment No. 2 Referred to Rules Committee
  3/13/2013HouseAdded Co-Sponsor Rep. Deborah Conroy
  3/13/2013HouseAdded Co-Sponsor Rep. Elizabeth Hernandez
  3/13/2013HouseAdded Co-Sponsor Rep. Lawrence M. Walsh, Jr.
  3/13/2013HouseAdded Co-Sponsor Rep. Sue Scherer
  3/14/2013HouseHouse Committee Amendment No. 2 Rules Refers to Financial Institutions Committee
  3/14/2013HouseHouse Committee Amendment No. 2 Adopted in Financial Institutions Committee; by Voice Vote
  3/14/2013HouseDo Pass as Amended / Short Debate Financial Institutions Committee; 009-001-001
  3/14/2013HouseHouse Committee Amendment No. 1 Tabled Pursuant to Rule 40
  3/15/2013HousePlaced on Calendar 2nd Reading - Short Debate
  4/18/2013HouseSecond Reading - Short Debate
  4/18/2013HouseHeld on Calendar Order of Second Reading - Short Debate
  4/19/2013HouseRule 19(a) / Re-referred to Rules Committee
  12/3/2014HouseSession Sine Die