DART. (WALSH,T) 205 ILCS 105/7-19.1 from Ch. 17, par. 3307-19.1 205 ILCS 205/6013 from Ch. 17, par. 7306-13 Amends the Illinois Savings and Loan Act of 1985 to provide that all earnings received from investments of moneys in the Savings and Residential Finance Regulatory Fund shall be deposited into that fund and used for the same purposes as fees deposited into that fund. Amends the Savings Bank Act to raise from 20% to 25% the percentage of capital and general loan loss reserve that a bank may loan to any person at any one time. Effective immediately. FISCAL NOTE (Office of Banks and Real Estate) The Office of Banks and Real Estate estimates that the reten- tion of interest earnings (calculated at 6% interest rate) will add $318,000 annually to the Savings and Residential Finance Regulatory Fund and decrease the General Revenue Fund by an equivalent amount. FEB-07-2002 H FILED WITH CLERK FEB-07-2002 H FIRST READING FEB-07-2002 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-13-2002 H ASSIGNED TO COMMITTEE FIN INSTIT FEB-20-2002 H FISCAL NOTE FILED FEB-20-2002 H COMMITTEE FIN INSTIT FEB-21-2002 H DO PASS/SHORT DEBATE 016-000-000 HFIN FEB-21-2002 H PLACED CALENDAR 2ND READING-SHORT DEBATE MAR-22-2002 H SECOND READING-SHORT DEBATE MAR-22-2002 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE APR-01-2002 H PLCD CAL ORDER 3RD READING-SHORT DEBATE APR-02-2002 H THIRD READING/SHORT DEBATE/PASSED 111-000-003 APR-03-2002 S ARRIVE IN SENATE APR-03-2002 S PLACED CALENDAR ORDER OF FIRST READING 02-04-04 APR-11-2002 S CHIEF SPONSOR WALSH,T APR-11-2002 S FIRST READING APR-11-2002 S REFERRED TO SENATE RULES COMMITTEE RULES APR-18-2002 S ASSIGNED TO COMMITTEE FIN INST APR-25-2002 S DO PASS 008-000-000 SFIC APR-25-2002 S PLACED ON CALENDAR ORDER OF 2ND READING 02-05-06 MAY-07-2002 S SECOND READING MAY-07-2002 S PLACED ON CALENDAR ORDER OF 3RD READING 02-05-08 MAY-08-2002 S THIRD READING - PASSED 056-000-000 MAY-08-2002 H PASSED BOTH HOUSES JUN-06-2002 H SENT TO THE GOVERNOR JUL-19-2002 H GOVERNOR APPROVED JUL-19-2002 H EFFECTIVE DATE 02-07-19 JUL-19-2002 H PUBLIC ACT.............................. 92-0700 END OF INQUIRY Full Text Bill Summary