HB 4557 Illinois House · 102nd Regular Session

FIN-PUBLIC BANK TASK FORCE

Summary
Creates the Public Bank Task Force Law. Sets forth the duties and responsibilities of the Public Bank Task Force. Sets forth provisions concerning appointment of the task force members. Provides that task force members shall be appointed by July 1, 2022, and that task force members shall serve without compensation. Provides that task force meetings shall begin by October 1, 2022, that there shall be one meeting of the task force per month through June 30, 2023, and that at least 3 of the task force meetings shall include testimony from members of the general public. Provides that the task force shall submit a report of its findings to the General Assembly by September 30, 2023, written by an independent authority with subject matter expertise. Provides that the Public Bank Task Force is dissolved and the Act is repealed on September 30, 2024. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2022 Last action Jan 10, 2023
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
10
Key actions
1
Committee
6
Amendments
1
Feb 18, 2022
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 18, 2022
Committee
House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
lower
Feb 8, 2022
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Financial Institutions Committee
lower
Feb 2, 2022
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Feb 2, 2022
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Will Guzzardi
lower
Jan 25, 2022
Committee
Assigned to Financial Institutions Committee
lower
Jan 21, 2022
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Will Guzzardi
Will Guzzardi
DDemocratic
IL
39