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SB 229 Illinois Senate · 96th Regular Session

FINAN REG-CONVENIENCE ACCOUNTS

Summary
Creates the Banking Convenience Account for Depositors Act. Provides that a banking organization shall permit a depositor to open a convenience account for the purposes of permitting a convenience depositor to make deposits into that account. Provides that the convenience account shall be in the name of a depositor and the convenience depositor and in form to be paid or delivered to either for the convenience of the depositor. Contains provisions concerning the right of survivorship and gift status in relation to deposits made to a convenience account. Specifies the rights of depositors and convenience depositors. Contains provisions concerning the duties, obligations, and liabilities of banking organizations with respect to convenience accounts.
Bill status signed all 5 stages cleared
Introduction
Apr 2009
Committee Review
May 2009
Senate Passage
May 2009
House Passage
May 2009
Signed into Law
Aug 2009
Introduced Apr 2, 2009 Signed Aug 4, 2009
Floor votes · Senate Apr 2, 2009 · House May 7, 2009

How they voted

54–0
Passed · 4 other
Total votes 58
Apr 2, 2009
D Democratic36
32 Yea 4
88% Yea
R Republican22
22 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
44
Key actions
8
Committee
9
Amendments
10
Aug 4, 2009
Signed into law
Governor Approved
upper
May 7, 2009
Upper · Passed
Passed Both Houses
upper
May 7, 2009
House · Passed
House Vote: pass (110-0-3)
house
May 5, 2009
Lower · Passed
Do Pass / Short Debate Financial Institutions Committee; 023-000-000
lower
Apr 14, 2009
Committee
Assigned to Financial Institutions Committee
lower
Apr 2, 2009
Committee
Referred to Rules Committee
lower
Apr 2, 2009
Introduced
Arrived in House
lower
Apr 2, 2009
Amended
Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
upper
Apr 2, 2009
Upper · Passed
Senate Floor Amendment No. 3 Adopted; Pankau
upper
Apr 2, 2009
Upper · Passed
Senate Floor Amendment No. 2 Adopted; Pankau
upper
Apr 2, 2009
Senate · Passed
Senate Vote: pass (54-0-4)
senate
Mar 31, 2009
Introduced
Senate Floor Amendment No. 3 Recommend Do Adopt Financial Institutions; 007-000-000
upper
Mar 31, 2009
Introduced
Senate Floor Amendment No. 2 Recommend Do Adopt Financial Institutions; 007-000-000
upper
Mar 18, 2009
Introduced
Senate Floor Amendment No. 3 Assignments Refers to Financial Institutions
upper
Mar 18, 2009
Introduced
Senate Floor Amendment No. 2 Assignments Refers to Financial Institutions
upper
Mar 4, 2009
Committee
Senate Floor Amendment No. 3 Referred to Assignments
upper
Mar 4, 2009
Introduced
Senate Floor Amendment No. 3 Filed with Secretary by Sen. Carole Pankau
upper
Mar 4, 2009
Committee
Senate Floor Amendment No. 2 Referred to Assignments
upper
Mar 4, 2009
Introduced
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Carole Pankau
upper
Feb 27, 2009
Upper · Passed
Do Pass Financial Institutions; 011-000-000
upper
Feb 26, 2009
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Feb 26, 2009
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Carole Pankau
upper
Feb 10, 2009
Committee
Assigned to Financial Institutions
upper
Feb 4, 2009
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.