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SB 2885 Illinois Senate · 100th Regular Session

STATE BANK-BOARD

Summary
Amends the Illinois Banking Act. Provides that a State bank that has been in existence for 10 years or more and has less than $50,000,000 (rather than $20,000,000) in assets may have a minimum of 3 directors. Extends the exemptions from loan and investment limits described in specified provisions of this Act to any department, bureau, board, commission, or establishment of the United States, including any corporation wholly owned by the United States. Provides that the Secretary shall provide information relating to the prior fiscal year upon the request of the State Banking Board.
Bill status failed 3 of 5 stages cleared
Introduction
Apr 2018
Committee Review
May 2018
Senate Passage
Apr 2018
House Passage
Governor
Introduced Apr 23, 2018 Last action Jan 9, 2019
Floor votes · Senate Apr 23, 2018

How they voted

36–0
Passed · 12 other
Total votes 48
Apr 23, 2018
D Democratic28
18 Yea 10
64% Yea
R Republican20
18 Yea 2
90% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
18
Key actions
2
Committee
6
May 18, 2018
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
May 9, 2018
Committee
Assigned to Financial Institutions Committee
lower
May 9, 2018
Committee
Referred to Rules Committee
lower
Apr 23, 2018
Introduced
Arrived in House
lower
Apr 23, 2018
Senate · Passed
Senate Vote: pass (36-0-12)
senate
Apr 11, 2018
Upper · Passed
Do Pass Financial Institutions; 008-000-000
upper
Feb 21, 2018
Committee
Assigned to Financial Institutions
upper
Feb 14, 2018
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.