BANK AS LIMITED LIABILITY CO
Summary
Amends the Illinois Banking Act and the Limited Liability Company Act. Authorizes banks to organize as limited liability companies. Effective immediately.
Bill status
failed
3 of 5 stages cleared
Introduction
Apr 2003
Committee Review
Jun 2003
Senate Passage
Apr 2003
House Passage
Governor
Introduced Apr 9, 2003
Last action Jan 11, 2005
Floor votes · Senate Apr 8, 2003
How they voted
51–0
Passed · 2 other
Total votes 53
Apr 8, 2003
D
Democratic28
100% Yea
R
Republican25
92% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
27
Key actions
4
Committee
8
Amendments
3
Jun 1, 2003
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Apr 15, 2003
Committee
Assigned to Executive Committee
lower
Apr 9, 2003
Committee
Referred to Rules Committee
lower
Apr 9, 2003
Introduced
Arrived in House
lower
Apr 8, 2003
Senate · Passed
Senate Vote: pass (51-0-2)
senate
Apr 2, 2003
Upper · Passed
Senate Floor Amendment No. 1 Adopted; Lightford
upper
Apr 2, 2003
Upper · Passed
Senate Floor Amendment No. 1 Be Adopted Financial Institutions; 009-000-000
upper
Apr 2, 2003
Introduced
Senate Floor Amendment No. 1 Rules Refers to Financial Institutions
upper
Apr 2, 2003
Committee
Senate Floor Amendment No. 1 Referred to Rules
upper
Apr 2, 2003
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Kimberly A. Lightford
upper
Mar 6, 2003
Upper · Passed
Do Pass Financial Institutions; 009-000-000
upper
Feb 26, 2003
Committee
Assigned to Financial Institutions
upper
Feb 19, 2003
Committee
Referred to Rules
upper
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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