PERSICO-BUGIELSKI-HASSERT-NOVAK-OSMOND. (O'MALLEY) 205 ILCS 5/9 from Ch. 17, par. 316 205 ILCS 5/46 from Ch. 17, par. 357 Amends the Illinois Banking Act. Provides that information in an application for a permit to organize a bank that is personal or proprietary, including names of proposed management and net worth of applicants, may be submitted in a confidential section of or addendum to the application. Prohibits the use of a name of an existing bank or a name deceptively similar to that of an existing bank when soliciting customers. Effective immediately. SENATE AMENDMENT NO. 1. Deletes reference to: 205 ILCS 5/9 Adds reference to: 205 ILCS 5/16 from Ch. 17, par. 323 Amends the Illinois Banking Act. Provides that in discharging their duties, bank directors are entitled to rely in good faith upon advice from officers, employees, and other persons. Deletes provisions concerning confidentiality of information in an application for a permit to organize a bank. FEB-14-2001 H FILED WITH CLERK FEB-14-2001 H ADDED AS A JOINT SPONSOR BUGIELSKI FEB-14-2001 H ADDED AS A JOINT SPONSOR HASSERT FEB-14-2001 H ADDED AS A JOINT SPONSOR NOVAK FEB-14-2001 H ADDED AS A JOINT SPONSOR OSMOND FEB-14-2001 H FIRST READING FEB-14-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-16-2001 H ASSIGNED TO COMMITTEE FIN INSTIT FEB-28-2001 H DO PASS/SHORT DEBATE 019-000-000 HFIN FEB-28-2001 H PLACED CALENDAR 2ND READING-SHORT DEBATE MAR-01-2001 H SECOND READING-SHORT DEBATE MAR-01-2001 H PLCD CAL ORDER 3RD READING-SHORT DEBATE MAR-08-2001 H THIRD READING/SHORT DEBATE/PASSED 113-000-002 MAR-20-2001 S ARRIVE IN SENATE MAR-20-2001 S PLACED CALENDAR ORDER OF FIRST READING 01-03-21 MAR-20-2001 S CHIEF SPONSOR O'MALLEY MAR-20-2001 S FIRST READING MAR-20-2001 S REFERRED TO SENATE RULES COMMITTEE RULES APR-23-2001 S ADDED AS A CO-SPONSOR WELCH MAY-02-2001 S ADDED AS A CO-SPONSOR WATSON MAY-02-2001 S ASSIGNED TO COMMITTEE FIN INST MAY-10-2001 S AMENDMENT NO. 01-FINANC. INST. S MAY-10-2001 S ADOPTED MAY-10-2001 S DO PASS AS AMENDED 005-000-000 SFIC MAY-10-2001 S PLACED ON CALENDAR ORDER OF 2ND READING 01-05-11 MAY-11-2001 S SECOND READING MAY-11-2001 S PLACED ON CALENDAR ORDER OF 3RD READING 01-05-14 MAY-15-2001 S THIRD READING - PASSED 056-000-000 MAY-15-2001 H ARRIVE IN HOUSE MAY-15-2001 H PLACED ON CALENDAR ORDER OF CONCURRENCE 01 MAY-17-2001 H MOTION FILED CONCUR 01/PERSICO MAY-17-2001 H MOTION REFERRED TO HRUL MAY-17-2001 H CALENDAR ORDER OF CONCURRENCE 01 MAY-25-2001 H MOTION TO CONCUR REFERRED TO HFIN MAY-25-2001 H CALENDAR ORDER OF CONCURRENCE 01 MAY-30-2001 H MOTION TO CONCUR SA #1 MAY-30-2001 H RECOMMENDS BE ADOPTED HFIN/012-000-000 MAY-30-2001 H HSE CONCURS IN SEN AMENDMENTS (NO.) 01/117-000-000 MAY-30-2001 H PASSED BOTH HOUSES JUN-28-2001 H SENT TO THE GOVERNOR AUG-23-2001 H GOVERNOR APPROVED AUG-23-2001 H EFFECTIVE DATE 01-08-23 AUG-23-2001 H PUBLIC ACT.............................. 92-0476 END OF INQUIRY Full Text Bill Summary