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SB 1297 Illinois Senate · 100th Regular Session

INS INSOLVENCY FED HOME LOAN

Summary
Amends the Illinois Insurance Code. Provides that during a conservation, rehabilitation, or liquidation proceeding, a Federal Home Loan Bank shall not be stayed, enjoined, or prohibited from exercising or enforcing any right or cause of action regarding collateral pledged under any security agreement or any pledge, security, collateral, or guarantee agreement or any other similar arrangement or credit enhancement relating to the Federal Home Loan Bank security agreement. Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Apr 2017
Committee Review
May 2017
Senate Passage
May 2017
House Passage
May 2017
Signed into Law
Aug 2017
Introduced Apr 26, 2017 Signed Aug 11, 2017
Floor votes · Senate Apr 26, 2017 · House May 15, 2017

How they voted

46–0
Passed · 2 other
Total votes 48
Apr 26, 2017
D Democratic28
26 Yea 2
92% Yea
R Republican20
20 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
29
Key actions
7
Committee
8
Amendments
2
Aug 11, 2017
Signed into law
Governor Approved
upper
May 15, 2017
Upper · Passed
Passed Both Houses
upper
May 9, 2017
Lower · Passed
Do Pass / Short Debate Financial Institutions Committee; 012-000-000
lower
May 3, 2017
Committee
Assigned to Financial Institutions Committee
lower
Apr 26, 2017
Committee
Referred to Rules Committee
lower
Apr 26, 2017
Introduced
Arrived in House
lower
Apr 26, 2017
Senate · Passed
Senate Vote: pass (46-0-2)
senate
Mar 15, 2017
Upper · Passed
Do Pass as Amended Financial Institutions; 008-000-000
upper
Mar 15, 2017
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
Mar 14, 2017
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
upper
Mar 7, 2017
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Mar 7, 2017
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. John G. Mulroe
upper
Feb 15, 2017
Committee
Assigned to Financial Institutions
upper
Feb 9, 2017
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.