LINDNER-LYONS,EILEEN-MCCARTHY-BLACK-MEYER. (PARKER-LIGHTFORD) 205 ILCS 5/48.4 Amends the Illinois Banking Act. Provides that banks shall encumber or surrender accounts or assets held by the bank on behalf of any responsible relative who is subject to a child support lien upon notice of an "interstate lien or levy" (instead of just "interstate lien") from any other state's agency that is responsible for implementing the child support enforcement program. Effective immediately. SENATE AMENDMENT NO. 1. Adds reference to: 70 ILCS 3605/25 from Ch. 111 2/3, par. 325 205 ILCS 5/5 from Ch. 17, par. 311 205 ILCS 5/18 from Ch. 17, par. 325 205 ILCS 5/46 from Ch. 17, par. 357 205 ILCS 105/1-6d 205 ILCS 205/7007 205 ILCS 205/8015 from Ch. 17, par. 7308-15 205 ILCS 605/3.5 new 205 ILCS 616/20 205 ILCS 616/45 205 ILCS 620/3-2 from Ch. 17, par. 1553-2 205 ILCS 620/4A-15 205 ILCS 620/5-2 from Ch. 17, par. 1555-2 Changes the title. Amends the Metropolitan Transit Authority Act. Adds savings banks to the list of entities in which the treasurer may deposit funds or make withdrawals. Amends the Illinois Savings and Loan Act of 1985 and the Savings Bank Act to provide that savings and loan associations and savings banks shall encumber or surrender accounts or assets held on behalf of any responsible relative who is subject to a child support lien upon notice of an "interstate lien or levy" (instead of just "interstate lien") from any other state's agency that is responsible for implementing the child support enforcement program. Amends the Savings Bank Act to remove the time limits on the Commissioner to issue a decision or request additional information for applications for the change of control. Amends the Illinois Banking Act. Requires banks to notify the Commissioner of Banks and Real Estate not less than 30 days before engaging in an activity based upon the authorization of that activity for out-of-state banks by law applicable to the out-of-state bank. Provides that the term "control" means the power to direct the management of a bank or vote 25% or more of the outstanding stock of the banks. Amends the Consumer Deposit Account Act to require financial institutions to provide notice to account holders at least 30 days before invalidating any routing number on a consumer deposit account. Amends the Electronic Fund Transfer Act. Removes the requirement that disputes arising under written agreements for use of terminals and switches be subject to arbitration by the Commissioner of Banks and Real Estate. Removes the Commissioner's duty and power to conduct that arbitration. Amends the Corporate Fiduciary Act. Provides that the term "control" means the power to direct management of a trust company or to vote 25% or more of the outstanding stock of the trust company. Provides that the Commissioner of Banks and Real Estate may accept an examination of a trust company made by a federal regulatory agency instead of conducting an examination. Effective immediately. JAN-31-2002 H FILED WITH CLERK FEB-01-2002 H FIRST READING FEB-01-2002 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-05-2002 H ASSIGNED TO COMMITTEE CHILD SUP ENF FEB-06-2002 H ADDED AS A JOINT SPONSOR MCCARTHY FEB-15-2002 H DO PASS/SHORT DEBATE 006-000-000 HCSE FEB-15-2002 H PLACED CALENDAR 2ND READING-SHORT DEBATE FEB-21-2002 H SECOND READING-SHORT DEBATE FEB-21-2002 H PLCD CAL ORDER 3RD READING-SHORT DEBATE MAR-21-2002 H ADDED AS A JOINT SPONSOR BLACK APR-03-2002 H PRIMARY SPONSOR CHANGED TO LINDNER APR-03-2002 H ADDED AS A JOINT SPONSOR LYONS,EILEEN APR-03-2002 H THIRD READING/SHORT DEBATE/PASSED 117-000-000 APR-04-2002 S ARRIVE IN SENATE APR-04-2002 S PLACED CALENDAR ORDER OF FIRST READING 02-04-09 APR-11-2002 S CHIEF SPONSOR PARKER APR-16-2002 S FIRST READING APR-16-2002 S REFERRED TO SENATE RULES COMMITTEE RULES APR-17-2002 S ASSIGNED TO COMMITTEE FIN INST APR-25-2002 S AMENDMENT NO. 01-FINANC. INST. S APR-25-2002 S ADOPTED APR-25-2002 S DO PASS AS AMENDED 008-000-000 SFIC APR-25-2002 S PLACED ON CALENDAR ORDER OF 2ND READING 02-05-06 MAY-06-2002 S SECOND READING MAY-06-2002 S PLACED ON CALENDAR ORDER OF 3RD READING 02-05-07 MAY-07-2002 S ADDED AS A CHIEF CO-SPONSOR LIGHTFORD MAY-07-2002 S THIRD READING - PASSED 056-000-000 MAY-07-2002 H ARRIVE IN HOUSE MAY-07-2002 H PLACED ON CALENDAR ORDER OF CONCURRENCE 01 MAY-09-2002 H ADDED AS A JOINT SPONSOR MEYER MAY-09-2002 H MOTION FILED CONCUR 01/LINDNER MAY-09-2002 H MOTION REFERRED TO HRUL MAY-09-2002 H CALENDAR ORDER OF CONCURRENCE 01 MAY-15-2002 H FINAL PASSAGE DEADLINE EXTENDED-RULE 9(B) TO 5/31/02 MAY-15-2002 H CALENDAR ORDER OF CONCURRENCE 01 MAY-27-2002 H MOTION TO CONCUR/SENATE AMENDMENT NO.(S) 01 MAY-27-2002 H MOTION TO CONCUR REFERRED TO HFIN MAY-27-2002 H CALENDAR ORDER OF CONCURRENCE 01 MAY-28-2002 H MOTION TO CONCUR/SENATE AMENDMENT NO.(S) 01 MAY-28-2002 H RECOMMENDS BE ADOPTED HFIN/016-000-000 MAY-28-2002 H CALENDAR ORDER OF CONCURRENCE 01 MAY-30-2002 H HSE CONCURS IN SEN AMENDMENTS (NO.) 01/114-000-003 MAY-30-2002 H PASSED BOTH HOUSES JUN-28-2002 H SENT TO THE GOVERNOR AUG-21-2002 H GOVERNOR APPROVED AUG-21-2002 H EFFECTIVE DATE 02-08-21 AUG-21-2002 H PUBLIC ACT.............................. 92-0811 END OF INQUIRY Full Text Bill Summary