State of Illinois
92nd General Assembly
Legislation

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92_HB5822ham001

 










                                             LRB9214924JSpcam

 1                    AMENDMENT TO HOUSE BILL 5822

 2        AMENDMENT NO.     .  Amend House Bill 5822  by  replacing
 3    the title with the following:

 4        "AN   ACT   in  relation  to  certain  financial  service
 5    providers."; and

 6    by replacing everything after the enacting  clause  with  the
 7    following:

 8        "Section  5.  The  Illinois  Banking  Act  is  amended by
 9    adding Section 5f as follows:

10        (205 ILCS 5/5f new)
11        Sec. 5f.  Non-English language transactions.  A bank  may
12    conduct transactions in a language other than English through
13    an  employee  or  agent  acting  as interpreter or through an
14    interpreter provided by the customer.

15        Section 10.  The Illinois Bank  Holding  Company  Act  of
16    1957 is amended by adding Section 3.10 as follows:

17        (205 ILCS 10/3.10 new)
18        Sec.  3.10.  Non-English  language  transactions.  A bank
19    holding company may conduct transactions in a language  other
 
                            -2-              LRB9214924JSpcam
 1    than   English   through  an  employee  or  agent  acting  as
 2    interpreter  or  through  an  interpreter  provided  by   the
 3    customer.

 4        Section 15.  The Illinois Savings and Loan Act of 1985 is
 5    amended by adding Section 1-6e as follows:

 6        (205 ILCS 105/1-6e new)
 7        Sec.   1-6e.  Non-English   language   transactions.   An
 8    association may conduct transactions in a language other than
 9    English through an employee or agent acting as interpreter or
10    through an interpreter provided by the customer.

11        Section 20.  The Savings Bank Act is  amended  by  adding
12    Section 1008.05 as follows:

13        (205 ILCS 205/1008.05 new)
14        Sec.   1008.05.  Non-English  language  transactions.   A
15    savings bank may conduct transactions  in  a  language  other
16    than   English   through  an  employee  or  agent  acting  as
17    interpreter  or  through  an  interpreter  provided  by   the
18    customer.

19        Section  25.  The Illinois Credit Union Act is amended by
20    adding Section 13a as follows:

21        (205 ILCS 305/13a new)
22        Sec. 5f.  Non-English language  transactions.   A  credit
23    union  may  conduct  transactions  in  a  language other than
24    English through an employee or agent acting as interpreter or
25    through an interpreter provided by the customer.

26        Section 30.  The Corporate Fiduciary Act  is  amended  by
27    adding Section 1-6a as follows:
 
                            -3-              LRB9214924JSpcam
 1        (205 ILCS 620/1-6a new)
 2        Sec.   1-6a.  Non-English   language   transactions.    A
 3    corporate  fiduciary  may  conduct transactions in a language
 4    other than English through an employee  or  agent  acting  as
 5    interpreter   or  through  an  interpreter  provided  by  the
 6    customer.

 7        Section 35.  The Foreign Banking Office Act is amended by
 8    adding Section 3.5 as follows:

 9        (205 ILCS 645/3.5 new)
10        Sec. 3.5.  Non-English language transactions.  A  foreign
11    banking  corporation  may  conduct transactions in a language
12    other than English through an employee  or  agent  acting  as
13    interpreter   or  through  an  interpreter  provided  by  the
14    customer.

15        Section 40.  The Foreign Bank Representative  Office  Act
16    is amended by adding Section 7.5 as follows:

17        (205 ILCS 650/7.5 new)
18        Sec.  7.5.  Non-English language transactions.  A foreign
19    bank representative office  may  conduct  transactions  in  a
20    language  other  than  English  through  an employee or agent
21    acting as interpreter or through an interpreter  provided  by
22    the customer.

23        Section 45.  The Consumer Installment Loan Act is amended
24    by adding Section 16c as follows:

25        (205 ILCS 670/16c new)
26        Sec. 16c.  Non-English language transactions.  A licensee
27    may  conduct  transactions  in  a language other than English
28    through an employee or agent acting as interpreter or through
 
                            -4-              LRB9214924JSpcam
 1    an interpreter provided by the customer.

 2        Section 50.  The Illinois Insurance Code  is  amended  by
 3    changing Section 155.32 as follows:

 4        (215 ILCS 5/155.32)
 5        Sec.  155.32.  Policy  explanations;  language other than
 6    English.
 7        (a)  A company, as defined in Section 132.2 of this Code,
 8    may conduct transactions in a  language  other  than  English
 9    through an employee or agent acting as interpreter or through
10    an interpreter provided by the customer.
11        (b)  An  insurance  carrier licensed to provide insurance
12    as defined in subsections (a) and (b) of  Section  143.13  of
13    this  Code  may  provide  insurance  policies,  endorsements,
14    riders,  and  any  explanatory  or  advertising material in a
15    language other than English.  In the event of  a  dispute  or
16    complaint  regarding  the  insurance or advertising material,
17    the English language version of the insurance coverage  shall
18    control the resolution of the dispute or complaint.
19    (Source: P.A. 90-401, eff. 1-1-98.)

20        Section 55.  The Title Insurance Act is amended by adding
21    Section 24.5 as follows:

22        (215 ILCS 155/24.5 new)
23        Sec.  24.5.  Non-English  language transactions.  A title
24    insurance company,  title  insurance  agent,  or  independent
25    escrowee  may  conduct  transactions in a language other than
26    English through an employee or agent acting as interpreter or
27    through an interpreter provided by the customer.

28        Section 60.  The  Illinois  Securities  Law  of  1953  is
29    amended by adding Section 8c as follows:
 
                            -5-              LRB9214924JSpcam
 1        (815 ILCS 5/8c new)
 2        Sec.  8c.  Non-English  language  transactions.  A person
 3    subject to registration under  Section  8  of  this  Act  may
 4    conduct transactions in a language other than English through
 5    an  employee  or  agent  acting  as interpreter or through an
 6    interpreter provided by the customer.

 7        Section 99.  Effective date.  This Act takes effect  upon
 8    becoming law.".

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