BANKS-BOARD REVISIONS & REPEAL
Summary
Amends the Illinois Banking Act. Changes the number of additional members of the State Banking Board of Illinois from 11 to 12. Provides that one member of the Board shall be from a savings bank. Changes the requirements for the 2 public members. Removes the requirement that the Senate advise and consent to initial appointments and vacancies on the Board. Amends the Savings Bank Act. Repeals provisions relating to the Board of Savings Banks. Amends the Residential Mortgage License Act of 1987. Removes provisions relating to the Residential Mortgage Board. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2016
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2016
Last action Jan 10, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Jan 10, 2017
House · Failed
Session Sine Die
Feb 5, 2016
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Daniel J. Burke
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 4657
Scope: IL
Hi! I can help you understand HB 4657. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline