92nd General Assembly
Status of HB1030
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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 



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